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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0001%/8h= +0.1% APRpaid last 24h −0.006%
Price spread now: Orderly against Paradex+0.031%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: Orderly is 0.031% dearer against Paradex than usual: you sell high and buy low, +$3 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-PERP0.025250.0099pay 0.0099% / 8h5h 58m$8K$425x
ShortOrderly PERP_MON_USDC0.025260.0100get 0.0050% / 4h1h 58m$16K$36K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$0.15
Price spread: +0.031% → 0.000%
$3.1
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$6.76
Costs to cover
0.100%
Break-even
327.5 days
Slippage unknown: Paradex: no order-book sample; Orderly: no order-book sample. 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 Orderly no order-book sample
Paradex and Orderly: 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 exchanges

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−0.0246%1h0.02541+0.625%$6K$1015.5xas long as short
01 Exchange MONUSD−0.0008%1h0.02527+0.075%$6K$2K5xas long as short
Phoenix MON0.0000%1h0.02531+0.221%$13K$280K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02526+0.031%$74K$112K25xas long as short
Backpack MON_USDC_PERP+0.0052%1h0.02526+0.051%$113K$148K10xas long as short
Bybit MONUSDT+0.0079%8h0.02524−0.048%$21.2M$13.4M50xas long as short
Lighter MON+0.0096%1h0.02529+0.150%$829K$737K10xas long as short
Paradex MON-USD-PERPlong+0.0099%8h0.02525long leg$8K$425x
Nado MON-PERP+0.0100%1h0.02533+0.289%$393K$571K10xas long as short
Hyperliquid MON+0.0100%1h0.02528+0.126%$33.9M$6.5M5xas long as short
Show all 33 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MONUSDT+0.0100%4h0.02527+0.074%$100K$205K10xas long as short
dYdX MON-USD+0.0100%1h0.02529+0.158%$13K5xas long as short
Pacifica MON+0.0100%1h0.02529+0.134%$140K$87K3xas long as short
Binance MONUSDT+0.0100%4h0.02525−0.009%$24.3M$26.7M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02524−0.048%$4.2M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02535+0.370%$104K−$010xas long as short
Gate MON_USDT+0.0100%4h0.02528+0.110%$1.1M$1.2M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02528+0.110%$2.9M$754K75xas long as short
Bitget MONUSDT+0.0100%4h0.02527+0.071%$2.8M$2.3M25xas long as short
Variational Omni MON+0.0100%8h0.02522−0.111%$753K$378Kas long as short
edgeX MONUSDC+0.0100%4h0.02524−0.059%$42K$250K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02532+0.269%$562K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02526+0.031%$68K$547K50xas long as short
Orderly PERP_MON_USDCshort+0.0100%4h0.02526+0.031%$16K$36K10x
SoDEX MON-USD+0.0100%1h0.02525−0.009%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02529+0.141%$59K$323K10xas long as short
Aevo MON-PERP+0.0104%1h0.02526+0.023%$38K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0231% / S −0.0246%1h0.02526+0.043%$6K50xas long as short
BloFin MON-USDT+0.0340%4h0.02525−0.009%$1.4M$389K75xas long as short
Perpl MON+0.0447%43m0.02528+0.114%$117K$2.1M10xas long as short
Kraken Futures PF_MONUSD+0.0695%1h0.02530+0.174%$273K$124K10xas long as short
Aftermath Perps MONUSD+0.0714%1h0.02529+0.161%$5K$96K10xas long as short
Coinbase International MON-PERP-INTX+0.0808%1h0.02539+0.534%$112K$50K50xas long as short