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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0008%/8h= −0.9% APRpaid last 24h 0.000%
Price spread now: Paradex against SoDEX+0.177%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 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: Paradex is 0.177% dearer against SoDEX than usual: you sell high and buy low, +$18 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX MON-USD0.025980.0100pay 0.0013% / 1h47m 30s$5K$6K5x
ShortParadex MON-USD-PERP0.026030.0092get 0.0092% / 8h47m 30s$8K$425x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$1.73
Price spread: +0.177% → 0.000%
$17.67
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Paradex: 2 bp × 2 orders
−$4
Net
$3.94
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: SoDEX: no order-book sample; Paradex: 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 Paradex no order-book sample
SoDEX and 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
Injective MON/USDC PERP−0.0121%1h0.02575−0.885%$6K$1065.5xas long as short
Bybit MONUSDT−0.0057%8h0.02599+0.042%$21.5M$12.0M50xas long as short
01 Exchange MONUSD−0.0016%1h0.02602+0.162%$6K$1K5xas long as short
Phoenix MON0.0000%1h0.02589−0.343%$13K$360K5xas long as short
Perpl MON0.0000%43m0.02601+0.135%$129K$1.8M10xas long as short
Aftermath Perps MONUSD+0.0035%1h0.02588−0.383%$2K$74K10xas long as short
Orderly PERP_MON_USDC+0.0067%4h0.02596−0.077%$17K$64K10xas long as short
Variational Omni MON+0.0088%8h0.02583−0.571%$781K$409Kas long as short
Paradex MON-USD-PERPshort+0.0092%8h0.02603+0.177%$8K$425x
Lighter MON+0.0096%1h0.02603+0.192%$865K$790K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado MON-PERP+0.0100%1h0.02603+0.186%$398K$545K10xas long as short
Hyperliquid MON+0.0100%1h0.02602+0.166%$35.2M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02602+0.165%$109K$231K10xas long as short
dYdX MON-USD+0.0100%1h0.02601+0.117%$13K5xas long as short
Pacifica MON+0.0100%1h0.02602+0.169%$144K$105K3xas long as short
Binance MONUSDT+0.0100%4h0.02601+0.119%$24.8M$25.1M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.025980.000%$4.4M$6.0M50xas long as short
Gate MON_USDT+0.0100%4h0.02603+0.192%$1.0M$871K50xas long as short
Bitget MONUSDT+0.0100%4h0.02602+0.154%$2.8M$1.8M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02604+0.216%$129K$141K10xas long as short
edgeX MONUSDC+0.0100%4h0.02590−0.297%$48K$244K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02590−0.308%$577K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02584−0.539%$69K$481K50xas long as short
SoDEX MON-USDlong+0.0100%1h0.02598long leg$5K$6K5x
Bulk MON-USD+0.0100%1h0.02588−0.391%$109K$3K10xas long as short
Extended MON-USD+0.0104%1h0.02607+0.345%$52K$407K10xas long as short
Aevo MON-PERP+0.0104%1h0.02598−0.015%$39K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0261% / S −0.0598%1h0.02597−0.046%$9K50xas long as short
KuCoin MONUSDTM+0.0270%4h0.02606+0.308%$3.0M$714K75xas long as short
BloFin MON-USDT+0.0340%4h0.02586−0.462%$1.3M$310K75xas long as short
Deribit MON_USDC-PERPETUAL+0.0404%1h0.02599+0.054%$70K$119K25xas long as short
Kraken Futures PF_MONUSD+0.0415%1h0.02601+0.129%$273K$78K10xas long as short
Coinbase International MON-PERP-INTX+0.0480%1h0.02597−0.031%$114K$50K50xas long as short