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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0003%/8h= −0.3% APRnext payment $0.03 per $10,000 · paid last 24h 0.000%
Price spread now: Paradex against Variational Omni−0.003%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · Paradex: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni MON0.025190.0100pay 0.0100% / 8h3h 32m$746K$411K
ShortParadex MON-USD-PERP0.025180.0097get 0.0097% / 8h3h 32m$8K$425x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$0.53
Price spread: −0.003% → 0.000%
−$0.34
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$4.87
Costs to cover
0.040%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 22 min ago; 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 Variational Omni RFQ quote, 22 min ago7.91 bpdoesn't fit102.8 bp −$1,028doesn't fitdoesn't fit
Sell Paradex no order-book sample
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−0.0203%1h0.02523+0.176%$5K$1125.5xas long as short
Bybit MONUSDT−0.0023%8h0.02517−0.074%$20.7M$13.4M50xas long as short
Phoenix MON0.0000%1h0.02522+0.133%$12K$358K5xas long as short
Orderly PERP_MON_USDC+0.0073%4h0.02519+0.018%$16K$48K10xas long as short
Backpack MON_USDC_PERP+0.0091%1h0.02522+0.121%$112K$151K10xas long as short
Lighter MON+0.0096%1h0.02520+0.057%$845K$732K10xas long as short
Paradex MON-USD-PERPshort+0.0097%8h0.02518−0.003%$8K$425x
Nado MON-PERP+0.0100%1h0.02523+0.162%$413K$584K10xas long as short
Hyperliquid MON+0.0100%1h0.02520+0.045%$33.9M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02520+0.038%$101K$222K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX MON-USD+0.0100%1h0.02521+0.088%$13K5xas long as short
Pacifica MON+0.0100%1h0.02521+0.077%$139K$93K3xas long as short
Binance MONUSDT+0.0100%4h0.02518−0.022%$23.9M$26.9M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02518−0.022%$4.2M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02520+0.057%$103K$2K10xas long as short
Gate MON_USDT+0.0100%4h0.02519+0.018%$943K$982K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02522+0.137%$2.9M$761K75xas long as short
Bitget MONUSDT+0.0100%4h0.02520+0.057%$2.7M$2.2M25xas long as short
Variational Omni MONlong+0.0100%8h0.02519long leg$746K$411K
edgeX MONUSDC+0.0100%4h0.02521+0.098%$41K$251K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02523+0.172%$568K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02523+0.176%$68K$518K50xas long as short
SoDEX MON-USD+0.0100%1h0.02518−0.022%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02520+0.045%$48K$519K10xas long as short
Aevo MON-PERP+0.0104%1h0.02517−0.062%$38K3xas long as short
Deribit MON_USDC-PERPETUAL+0.0187%1h0.02519+0.014%$74K$136K25xas long as short
01 Exchange MONUSD+0.0208%1h0.02519+0.037%$6K$1K5xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02517−0.042%$9K50xas long as short
Aftermath Perps MONUSD+0.0325%1h0.02520+0.068%$2K$74K10xas long as short
BloFin MON-USDT+0.0340%4h0.02521+0.097%$1.3M$340K75xas long as short
Coinbase International MON-PERP-INTX+0.0368%1h0.02526+0.307%$110K$57K50xas long as short
Perpl MON+0.0447%43m0.02521+0.085%$114K$2.3M10xas long as short
Kraken Futures PF_MONUSD+0.0723%1h0.02522+0.148%$271K$113K10xas long as short