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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0360%/8h= +39.4% APRnext payment +$0.45 per $10,000 · paid last 24h +0.177%
Price spread now: Coinbase International against 01 Exchange+1.651%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Coinbase International is 1.651% dearer against 01 Exchange than usual: you sell high and buy low: +$165 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange MONUSD0.024890.0096pay 0.0012% / 1h42m 42s$6K$1K5x
ShortCoinbase International MON-PERP-INTX0.025300.0456get 0.0057% / 1h42m 42s$110K$55K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against 01 Exchange. 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
$75.6
Price spread: +1.651% → 0.000%
$165.13
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$223.73
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: 01 Exchange: no order-book sample; Coinbase International: live order book, 5 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 01 Exchange no order-book sample
Sell Coinbase International live order book, 5 min ago29.25 bp160.6 bp −$161doesn't fitdoesn't fitdoesn't fit
01 Exchange: 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−0.0091%1h0.02492+0.117%$110K$153K10xas long as short
Phoenix MON0.0000%1h0.02494+0.201%$12K$355K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02491+0.096%$73K$136K25xas long as short
Bybit MONUSDT+0.0007%8h0.02488−0.036%$20.4M$13.5M50xas long as short
Injective MON/USDC PERP+0.0039%1h0.02496+0.285%$5K$1115.5xas long as short
Orderly PERP_MON_USDC+0.0083%4h0.02491+0.084%$16K$48K10xas long as short
Lighter MON+0.0096%1h0.02494+0.205%$836K$732K10xas long as short
01 Exchange MONUSDlong+0.0096%1h0.02489long leg$6K$1K5x
Paradex MON-USD-PERP+0.0100%8h0.02490+0.028%$7K$425xas long as short
Nado MON-PERP+0.0100%1h0.02493+0.176%$404K$586K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MON+0.0100%1h0.02495+0.241%$33.5M$7.6M5xas long as short
Aster MONUSDT+0.0100%4h0.02494+0.191%$100K$218K10xas long as short
dYdX MON-USD+0.0100%1h0.02493+0.175%$12K5xas long as short
Pacifica MON+0.0100%1h0.02492+0.125%$138K$92K3xas long as short
Binance MONUSDT+0.0100%4h0.02491+0.103%$23.7M$27.0M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02490+0.044%$4.2M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02500+0.446%$103K$1K10xas long as short
Gate MON_USDT+0.0100%4h0.02493+0.165%$920K$1.0M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02499+0.406%$2.9M$762K75xas long as short
Bitget MONUSDT+0.0100%4h0.02493+0.165%$2.7M$2.2M25xas long as short
Variational Omni MON+0.0100%8h0.02490+0.027%$740K$405Kas long as short
edgeX MONUSDC+0.0100%4h0.02495+0.264%$41K$251K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02495+0.245%$562K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02492+0.125%$68K$527K50xas long as short
SoDEX MON-USD+0.0100%1h0.02490+0.044%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02493+0.150%$48K$285K10xas long as short
Aevo MON-PERP+0.0104%1h0.02490+0.040%$38K3xas long as short
Aftermath Perps MONUSD+0.0248%1h0.02495+0.257%$2K$78K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0259% / S −0.0429%1h0.02490+0.032%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02487−0.076%$1.3M$335K75xas long as short
Perpl MON+0.0447%43m0.02492+0.117%$114K$2.2M10xas long as short
Coinbase International MON-PERP-INTXshort+0.0456%1h0.02530+1.651%$110K$55K50x
Kraken Futures PF_MONUSD+0.1020%1h0.02494+0.214%$268K$112K10xas long as short