Settings8H · net · $10k
Funding arb · Price arb /

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0008%/8h= +0.8% APRpaid last 24h +0.064%
Price spread now: KuCoin against Paradex+0.226%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.226% dearer against Paradex than usual: you sell high and buy low, +$23 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex MON-USD-PERP0.025900.0092pay 0.0092% / 8h7h 07m$8K$425x
ShortKuCoin MONUSDTM0.025960.0100get 0.0050% / 4h3h 07m$2.9M$728K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Paradex. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$1.58
Price spread: +0.226% → 0.000%
$22.55
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$8.13
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Paradex: no order-book sample; KuCoin: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Paradex no order-book sample
Sell KuCoin live order book, 5 min ago15.40 bp51.0 bp −$51457.3 bp −$4,573doesn't fitdoesn't fit
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

MON on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective MON/USDC PERP−0.0444%1h0.02570−0.778%$6K$1085.5xas long as short
Phoenix MON0.0000%1h0.02599+0.349%$14K$351K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02594+0.133%$70K$119K25xas long as short
01 Exchange MONUSD+0.0016%1h0.02589−0.029%$6K$1K5xas long as short
Orderly PERP_MON_USDC+0.0063%4h0.02592+0.071%$17K$59K10xas long as short
Bybit MONUSDT+0.0089%8h0.02590−0.006%$21.6M$12.2M50xas long as short
Paradex MON-USD-PERPlong+0.0092%8h0.02590long leg$8K$425x
Lighter MON+0.0096%1h0.02593+0.110%$864K$755K10xas long as short
Nado MON-PERP+0.0100%1h0.02597+0.264%$401K$523K10xas long as short
Hyperliquid MON+0.0100%1h0.02596+0.245%$35.4M$7.5M5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MONUSDT+0.0100%4h0.02594+0.134%$108K$231K10xas long as short
dYdX MON-USD+0.0100%1h0.02593+0.093%$13K5xas long as short
Pacifica MON+0.0100%1h0.02592+0.071%$144K$103K3xas long as short
Binance MONUSDT+0.0100%4h0.02591+0.032%$24.8M$25.4M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02588−0.083%$4.3M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02595+0.187%$108K$4K10xas long as short
Gate MON_USDT+0.0100%4h0.02592+0.071%$977K$931K50xas long as short
KuCoin MONUSDTMshort+0.0100%4h0.02596+0.226%$2.9M$728K75x
Bitget MONUSDT+0.0100%4h0.02593+0.110%$2.8M$1.9M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02593+0.110%$129K$142K10xas long as short
Variational Omni MON+0.0100%8h0.02593+0.093%$780K$411Kas long as short
edgeX MONUSDC+0.0100%4h0.02598+0.288%$44K$248K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02600+0.396%$581K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02599+0.341%$69K$487K50xas long as short
SoDEX MON-USD+0.0100%1h0.02593+0.110%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02596+0.241%$50K$517K10xas long as short
Aevo MON-PERP+0.0104%1h0.02592+0.071%$39K3xas long as short
Aftermath Perps MONUSD+0.0203%1h0.02592+0.083%$4K$74K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0261% / S −0.0598%1h0.02593+0.121%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02600+0.380%$1.4M$310K75xas long as short
Perpl MON+0.0447%43m0.02593+0.129%$120K$2.1M10xas long as short
Kraken Futures PF_MONUSD+0.0460%1h0.02597+0.245%$273K$78K10xas long as short
Coinbase International MON-PERP-INTX+0.0808%1h0.02608+0.697%$114K$52K50xas long as short