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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Binance against Variational Omni−0.187%7-day average +0.108% · you buy dearer than you sell
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)+0.033%+$3 on $10k
Price spread, last 3 days (all we have)−0.213%−$21 · spread now −0.187%, 7d avg +0.108%
Together, before fees−0.180%+ Points / potential airdropVariational Omni: Active · farm board−$18 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.295% cheaper against Variational Omni than usual: you would sell low and buy high, −$29 on $10k if it goes back to its 7-day average of +0.108%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni MON0.026050.0100pay 0.0100% / 8h3h 02m$781K$403K
ShortBinance MONUSDT0.026000.0100get 0.0050% / 4h3h 02m$24.8M$24.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Variational Omni. 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: −0.187% → +0.108%
−$29.48
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
−$39.48
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 27 min ago; Binance: live order book, 9 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 Variational Omni RFQ quote, 27 min ago9.70 bpdoesn't fit137.7 bp −$1,377doesn't fitdoesn't fit
Sell Binance live order book, 9 min ago1.93 bp19.5 bp −$2069.4 bp −$694333.1 bp −$33.3Kdoesn't fit

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−0.0181%1h0.02581−0.924%$6K$1115.5xas long as short
01 Exchange MONUSD−0.0016%1h0.02601−0.175%$6K$1K5xas long as short
Bybit MONUSDT−0.0008%8h0.02598−0.271%$21.8M$11.7M50xas long as short
Phoenix MON0.0000%1h0.02615+0.397%$14K$374K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02602−0.106%$64K$103K25xas long as short
BloFin MON-USDT+0.0066%4h0.02605−0.002%$1.4M$247K75xas long as short
Orderly PERP_MON_USDC+0.0093%4h0.02601−0.156%$17K$64K10xas long as short
Lighter MON+0.0096%1h0.02601−0.156%$852K$753K10xas long as short
Paradex MON-USD-PERP+0.0099%8h0.02602−0.124%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02605+0.006%$347K$536K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MON+0.0100%1h0.02602−0.118%$35.1M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02601−0.175%$108K$233K10xas long as short
dYdX MON-USD+0.0100%1h0.02605−0.013%$13K5xas long as short
Pacifica MON+0.0100%1h0.02603−0.079%$144K$108K3xas long as short
Binance MONUSDTshort+0.0100%4h0.02600−0.187%$24.8M$24.6M75x
OKX MON-USDT-SWAP+0.0100%4h0.02599−0.233%$4.4M$6.1M50xas long as short
Bulk MON-USD+0.0100%1h0.02585−0.770%$109K$3K10xas long as short
Gate MON_USDT+0.0100%4h0.02602−0.118%$1.0M$955K50xas long as short
Bitget MONUSDT+0.0100%4h0.02603−0.079%$2.8M$1.8M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02601−0.137%$137K$137K10xas long as short
Variational Omni MONlong+0.0100%8h0.02605long leg$781K$403K
edgeX MONUSDC+0.0100%4h0.02601−0.155%$48K$242K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02602−0.118%$584K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02612+0.266%$69K$484K50xas long as short
SoDEX MON-USD+0.0100%1h0.02600−0.194%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02603−0.089%$52K$407K10xas long as short
Aevo MON-PERP+0.0104%1h0.02601−0.137%$39K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0314% / S −0.1052%1h0.02601−0.137%$14K50xas long as short
Kraken Futures PF_MONUSD+0.0328%1h0.02603−0.079%$260K$59K10xas long as short
KuCoin MONUSDTM+0.0394%4h0.02608+0.113%$3.2M$785K75xas long as short
Aftermath Perps MONUSD+0.0416%1h0.02604−0.052%$2K$73K10xas long as short
Perpl MON+0.0447%43m0.02603−0.091%$146K$1.8M10xas long as short
Coinbase International MON-PERP-INTX+0.0496%1h0.02625+0.777%$115K$51K50xas long as short