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

MON

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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: Binance against SoDEX+0.032%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.032% dearer against SoDEX 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
LongSoDEX MON-USD0.024760.0100pay 0.0013% / 1h23m 09s$5K$6K5x
ShortBinance MONUSDT0.024770.0100get 0.0050% / 4h2h 23m$23.5M$27.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against SoDEX. 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
Price spread: +0.032% → 0.000%
$3.19
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$14.81
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; Binance: live order book, 3 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 SoDEX no order-book sample
Sell Binance live order book, 3 min ago2.03 bp16.1 bp −$1652.1 bp −$521330.8 bp −$33.1Kdoesn't fit
SoDEX: 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−0.0153%1h0.02478+0.085%$115K$154K10xas long as short
Bybit MONUSDT−0.0021%8h0.02474−0.081%$20.3M$13.6M50xas long as short
01 Exchange MONUSD0.0000%1h0.02476−0.016%$6K$1K5xas long as short
Phoenix MON0.0000%1h0.02469−0.299%$12K$355K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02476−0.008%$73K$135K25xas long as short
Injective MON/USDC PERP+0.0039%1h0.02489+0.525%$5K$1135.5xas long as short
Orderly PERP_MON_USDC+0.0083%4h0.024760.000%$16K$48K10xas long as short
Lighter MON+0.0096%1h0.02475−0.040%$809K$765K10xas long as short
Paradex MON-USD-PERP+0.0099%8h0.02475−0.042%$7K$425xas long as short
Hyperliquid MON+0.0100%1h0.02477+0.044%$33.2M$7.6M5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MONUSDT+0.0100%4h0.02476+0.004%$98K$221K10xas long as short
dYdX MON-USD+0.0100%1h0.02478+0.097%$12K5xas long as short
Pacifica MON+0.0100%1h0.02477+0.040%$137K$92K3xas long as short
Binance MONUSDTshort+0.0100%4h0.02477+0.032%$23.5M$27.4M75x
OKX MON-USDT-SWAP+0.0100%4h0.02474−0.081%$4.1M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02475−0.040%$102K$1K10xas long as short
Gate MON_USDT+0.0100%4h0.024760.000%$925K$1.0M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02480+0.162%$2.8M$764K75xas long as short
Bitget MONUSDT+0.0100%4h0.02478+0.081%$2.7M$2.2M25xas long as short
Variational Omni MON+0.0100%8h0.02467−0.360%$729K$407Kas long as short
edgeX MONUSDC+0.0100%4h0.02467−0.364%$41K$250K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.024760.000%$550K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02469−0.283%$67K$528K50xas long as short
Nado MON-PERP+0.0100%1h0.02477+0.057%$406K$571K10xas long as short
SoDEX MON-USDlong+0.0100%1h0.02476long leg$5K$6K5x
Extended MON-USD+0.0104%1h0.02476+0.020%$47K$283K10xas long as short
Aevo MON-PERP+0.0104%1h0.02474−0.061%$37K3xas long as short
Aftermath Perps MONUSD+0.0166%1h0.02474−0.064%$5K$81K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0230% / S −0.0246%1h0.02475−0.020%$6K50xas long as short
BloFin MON-USDT+0.0340%4h0.02474−0.081%$1.3M$346K75xas long as short
Perpl MON+0.0447%43m0.02477+0.028%$113K$2.2M10xas long as short
Coinbase International MON-PERP-INTX+0.0456%1h0.02530+2.181%$110K$54K50xas long as short
Kraken Futures PF_MONUSD+0.1027%1h0.02478+0.089%$266K$119K10xas long as short