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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0116%/8h= +12.7% APRpaid last 24h +0.034%
Price spread now: 01 Exchange against Paradex+0.041%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
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and 01 Exchange is 0.041% dearer against Paradex than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex MON-USD-PERP0.025040.0100pay 0.0100% / 8h3h 10m$8K$425x
Short01 Exchange MONUSD0.025050.0216get 0.0027% / 1h10m 09s$6K$1K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$24.39
Price spread: +0.041% → 0.000%
$4.07
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$17.47
Costs to cover
0.110%
Break-even
2.0 days
Slippage unknown: Paradex: no order-book sample; 01 Exchange: 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 01 Exchange no order-book sample
Paradex and 01 Exchange: 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−0.0203%1h0.02515+0.452%$5K$1145.5xas long as short
Phoenix MON0.0000%1h0.02513+0.364%$12K$358K5xas long as short
Bybit MONUSDT+0.0007%8h0.02502−0.059%$20.6M$13.5M50xas long as short
Backpack MON_USDC_PERP+0.0032%1h0.02504+0.009%$110K$152K10xas long as short
Deribit MON_USDC-PERPETUAL+0.0069%1h0.02505+0.061%$74K$136K25xas long as short
Orderly PERP_MON_USDC+0.0078%4h0.02505+0.053%$16K$48K10xas long as short
Lighter MON+0.0096%1h0.02506+0.093%$840K$732K10xas long as short
Paradex MON-USD-PERPlong+0.0100%8h0.02504long leg$8K$425x
Nado MON-PERP+0.0100%1h0.02508+0.169%$405K$586K10xas long as short
Hyperliquid MON+0.0100%1h0.02504+0.029%$33.7M$7.5M5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MONUSDT+0.0100%4h0.02507+0.116%$101K$222K10xas long as short
dYdX MON-USD+0.0100%1h0.02507+0.127%$13K5xas long as short
Pacifica MON+0.0100%1h0.02505+0.061%$138K$93K3xas long as short
Binance MONUSDT+0.0100%4h0.02503−0.027%$23.8M$27.0M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02503−0.027%$4.2M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02510+0.257%$103K$1K10xas long as short
Gate MON_USDT+0.0100%4h0.02506+0.093%$936K$989K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02510+0.252%$2.9M$765K75xas long as short
Bitget MONUSDT+0.0100%4h0.02504+0.013%$2.7M$2.2M25xas long as short
Variational Omni MON+0.0100%8h0.02506+0.074%$743K$405Kas long as short
edgeX MONUSDC+0.0100%4h0.02515+0.466%$41K$250K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02517+0.523%$567K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02517+0.532%$68K$521K50xas long as short
SoDEX MON-USD+0.0100%1h0.02504+0.013%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02505+0.060%$48K$323K10xas long as short
Aevo MON-PERP+0.0104%1h0.02504+0.005%$38K3xas long as short
01 Exchange MONUSDshort+0.0216%1h0.02505+0.041%$6K$1K5x
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02504+0.013%$9K50xas long as short
Aftermath Perps MONUSD+0.0331%1h0.02513+0.357%$2K$78K10xas long as short
BloFin MON-USDT+0.0340%4h0.02510+0.252%$1.3M$339K75xas long as short
Coinbase International MON-PERP-INTX+0.0368%1h0.02530+1.051%$110K$57K50xas long as short
Perpl MON+0.0447%43m0.02506+0.077%$114K$2.2M10xas long as short
Kraken Futures PF_MONUSD+0.0727%1h0.02507+0.145%$269K$113K10xas long as short