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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Variational Omni+0.001%7-day average +0.218% · 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)+0.035%+$3 on $10k
Price spread, last 4 days (all we have)−0.354%−$35 · spread now +0.001%, 7d avg +0.218%
Together, before fees−0.319%+ Points / potential airdropVariational Omni: Active · Extended: Active · farm board−$32 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: Extended is 0.217% cheaper against Variational Omni than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of +0.218%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni MON0.025210.0100pay 0.0100% / 8h4h 54m$748K$405K
ShortExtended MON-USD0.025210.0104get 0.0013% / 1h54m 28s$52K$517K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: +0.001% → +0.218%
−$21.73
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$25.89
Costs to cover
0.050%
Break-even
222.8 days
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Extended: 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 Variational Omni RFQ quote, 5 min ago13.92 bpdoesn't fit113.3 bp −$1,133doesn't fitdoesn't fit
Sell Extended live order book, 3 min ago5.98 bp29.0 bp −$29229.2 bp −$2,292doesn't fitdoesn'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
Phoenix MON−0.0316%1h0.02517−0.162%$12K$359K5xas long as short
Backpack MON_USDC_PERP−0.0298%1h0.02520−0.039%$111K$151K10xas long as short
01 Exchange MONUSD−0.0208%1h0.02517−0.142%$6K$1K5xas long as short
Injective MON/USDC PERP−0.0176%1h0.02517−0.162%$5K$1095.5xas long as short
Deribit MON_USDC-PERPETUAL−0.0147%1h0.02519−0.091%$68K$126K25xas long as short
Bybit MONUSDT−0.0136%8h0.02516−0.182%$20.7M$13.2M50xas long as short
Perpl MON0.0000%43m0.02519−0.071%$108K$2.3M10xas long as short
Orderly PERP_MON_USDC+0.0082%4h0.02518−0.122%$16K$41K10xas long as short
Lighter MON+0.0096%1h0.02521−0.003%$840K$735K10xas long as short
Paradex MON-USD-PERP+0.0099%8h0.02518−0.136%$8K$425xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado MON-PERP+0.0100%1h0.02522+0.024%$411K$543K10xas long as short
Hyperliquid MON+0.0100%1h0.02521−0.007%$34.1M$7.4M5xas long as short
Aster MONUSDT+0.0100%4h0.02521−0.004%$101K$222K10xas long as short
dYdX MON-USD+0.0100%1h0.02521−0.021%$13K5xas long as short
Pacifica MON+0.0100%1h0.02521−0.003%$140K$92K3xas long as short
Binance MONUSDT+0.0100%4h0.02518−0.122%$23.9M$26.6M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02516−0.202%$4.2M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02515−0.254%$103K$5K10xas long as short
Gate MON_USDT+0.0100%4h0.02520−0.043%$953K$968K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02522+0.036%$2.8M$746K75xas long as short
Bitget MONUSDT+0.0100%4h0.02521−0.003%$2.7M$2.1M25xas long as short
Variational Omni MONlong+0.0100%8h0.02521long leg$748K$405K
edgeX MONUSDC+0.0100%4h0.02511−0.386%$41K$249K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02519−0.102%$563K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02517−0.162%$68K$505K50xas long as short
SoDEX MON-USD+0.0100%1h0.02517−0.162%$5K$6K5xas long as short
Extended MON-USDshort+0.0104%1h0.02521+0.001%$52K$517K10x
Aevo MON-PERP+0.0104%1h0.02517−0.154%$38K3xas long as short
Aftermath Perps MONUSD+0.0257%1h0.02520−0.029%$2K$74K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02519−0.099%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02518−0.122%$1.3M$326K75xas long as short
Coinbase International MON-PERP-INTX+0.0408%1h0.02534+0.512%$112K$56K50xas long as short
Kraken Futures PF_MONUSD+0.0540%1h0.02521+0.011%$268K$113K10xas long as short