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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Pacifica against Paradex+0.080%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 · Pacifica: 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: Pacifica is 0.080% dearer against Paradex than usual: you sell high and buy low, +$8 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-PERP0.024890.0100pay 0.0100% / 8h2h 41m$7K$425x
ShortPacifica MON0.024910.0100get 0.0013% / 1h41m 23s$138K$92K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$0.02
Price spread: +0.080% → 0.000%
$8.02
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$3.96
Costs to cover
0.120%
Break-even
1557.5 days
Slippage unknown: Paradex: no order-book sample; Pacifica: live order book, 6 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 Pacifica live order book, 6 min ago8.01 bp23.1 bp −$23doesn't fitdoesn'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
Backpack MON_USDC_PERP−0.0105%1h0.02492+0.104%$110K$153K10xas long as short
Phoenix MON0.0000%1h0.02492+0.112%$12K$355K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02491+0.100%$73K$136K25xas long as short
Bybit MONUSDT+0.0006%8h0.02486−0.121%$20.4M$13.5M50xas long as short
Injective MON/USDC PERP+0.0039%1h0.02496+0.281%$5K$1115.5xas long as short
01 Exchange MONUSD+0.0056%1h0.02487−0.068%$6K$1K5xas long as short
Orderly PERP_MON_USDC+0.0083%4h0.02490+0.040%$16K$48K10xas long as short
Lighter MON+0.0096%1h0.02492+0.120%$836K$732K10xas long as short
Paradex MON-USD-PERPlong+0.0100%8h0.02489long leg$7K$425x
Nado MON-PERP+0.0100%1h0.02491+0.083%$405K$584K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MON+0.0100%1h0.02491+0.060%$33.4M$7.6M5xas long as short
Aster MONUSDT+0.0100%4h0.02493+0.176%$100K$218K10xas long as short
dYdX MON-USD+0.0100%1h0.02493+0.171%$12K5xas long as short
Pacifica MONshort+0.0100%1h0.02491+0.080%$138K$92K3x
Binance MONUSDT+0.0100%4h0.02488−0.022%$23.7M$27.1M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02488−0.040%$4.2M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02490+0.040%$102K$1K10xas long as short
Gate MON_USDT+0.0100%4h0.02491+0.080%$919K$1.0M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02493+0.161%$2.9M$762K75xas long as short
Bitget MONUSDT+0.0100%4h0.02490+0.040%$2.7M$2.2M25xas long as short
Variational Omni MON+0.0100%8h0.02490+0.023%$740K$405Kas long as short
edgeX MONUSDC+0.0100%4h0.02490+0.021%$41K$250K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02495+0.241%$562K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02492+0.120%$68K$527K50xas long as short
SoDEX MON-USD+0.0100%1h0.02490+0.040%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02490+0.052%$47K$286K10xas long as short
Aevo MON-PERP+0.0104%1h0.02490+0.040%$38K3xas long as short
Aftermath Perps MONUSD+0.0240%1h0.02494+0.187%$2K$78K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0259% / S −0.0429%1h0.02488−0.032%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02487−0.080%$1.3M$335K75xas long as short
Perpl MON+0.0447%43m0.02490+0.044%$114K$2.2M10xas long as short
Coinbase International MON-PERP-INTX+0.0456%1h0.02530+1.647%$110K$55K50xas long as short
Kraken Futures PF_MONUSD+0.1021%1h0.02493+0.178%$268K$112K10xas long as short