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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0146%/8h= +16.0% APRnext payment +$0.18 per $10,000 · paid last 24h +0.094%
Price spread now: GMX against SoDEX+0.016%55s7-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 feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$4 a day on $10k at the current rate. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX MON-USD0.025420.0100pay 0.0013% / 1h13m 22s$5K$6K5x
ShortGMX MON/USD [ETH-USDC]0.02542L +0.0231% / S −0.0246%get 0.0031% / 1h13m 22s$6K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$30.73
Price spread: +0.016% → 0.000%
$1.57
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee GMX: 6 bp × 2 orders
−$12
Net
$12.31
Costs to cover
0.200%
Break-even
4.2 days
Slippage unknown: SoDEX: no order-book sample; GMX: 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 SoDEX no order-book sample
Sell GMX no order-book sample
SoDEX and GMX: 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−0.0131%1h0.02546+0.169%$113K$150K10xas long as short
Injective MON/USDC PERP−0.0089%1h0.02505−1.456%$5K$1085.5xas long as short
Phoenix MON0.0000%1h0.02536−0.248%$13K$346K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02542+0.020%$74K$137K25xas long as short
Lighter MON+0.0096%1h0.02548+0.236%$820K$770K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02542+0.019%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02547+0.194%$393K$563K10xas long as short
Hyperliquid MON+0.0100%1h0.02545+0.122%$34.4M$6.8M5xas long as short
Aster MONUSDT+0.0100%4h0.02547+0.194%$101K$213K10xas long as short
dYdX MON-USD+0.0100%1h0.02546+0.171%$13K5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica MON+0.0100%1h0.02547+0.205%$141K$90K3xas long as short
Binance MONUSDT+0.0100%4h0.02542+0.014%$24.4M$26.9M75xas long as short
Bybit MONUSDT+0.0100%8h0.02540−0.098%$21.2M$13.5M50xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02541−0.039%$4.2M$6.1M50xas long as short
Bulk MON-USD+0.0100%1h0.02530−0.472%$104K−$010xas long as short
Gate MON_USDT+0.0100%4h0.02545+0.118%$974K$1.1M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02548+0.236%$2.9M$758K75xas long as short
Bitget MONUSDT+0.0100%4h0.02546+0.157%$2.8M$2.2M25xas long as short
Variational Omni MON+0.0100%8h0.02538−0.152%$754K$378Kas long as short
edgeX MONUSDC+0.0100%4h0.02536−0.256%$42K$252K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02538−0.157%$575K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02535−0.275%$69K$547K50xas long as short
Orderly PERP_MON_USDC+0.0100%4h0.025420.000%$16K$36K10xas long as short
SoDEX MON-USDlong+0.0100%1h0.02542long leg$5K$6K5x
Extended MON-USD+0.0104%1h0.02548+0.253%$58K$326K10xas long as short
Aevo MON-PERP+0.0104%1h0.02543+0.024%$38K3xas long as short
01 Exchange MONUSD+0.0160%1h0.02545+0.134%$6K$3K5xas long as short
GMX MON/USD [ETH-USDC]shortL +0.0231% / S −0.0246%1h0.02542+0.016%$6K50x
BloFin MON-USDT+0.0340%4h0.02540−0.079%$1.3M$375K75xas long as short
Perpl MON+0.0447%43m0.02537−0.201%$118K$2.1M10xas long as short
Aftermath Perps MONUSD+0.0561%1h0.02533−0.336%$4K$100K10xas long as short
Coinbase International MON-PERP-INTX+0.0744%1h0.02549+0.279%$112K$54K50xas long as short
Kraken Futures PF_MONUSD+0.0787%1h0.02544+0.094%$273K$118K10xas long as short