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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0292%/8h= −32.0% APRnext payment $0.36 per $10,000 · paid last 24h −0.061%
Price spread now: Injective against 01 Exchange+0.106%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 feesneeds both histories
The price spread pays, funding is against you. Injective is 0.106% dearer against 01 Exchange than usual: you sell high and buy low (spread +0.106% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 29 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange MONUSD0.02538−0.0096get 0.0012% / 1h54m 33s$6K$1K5x
ShortInjective MON/USDC PERP0.02541−0.0388pay 0.0048% / 1h54m 33s$6K$1065.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$61.31
Price spread: +0.106% → 0.000%
$10.64
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$57.7
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: 01 Exchange: no order-book sample; Injective: 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 01 Exchange no order-book sample
Sell Injective no order-book sample
01 Exchange and Injective: 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
ApeX Omni MONUSDT−0.0850%1h0.02545+0.264%$68K$489K50xas long as short
Injective MON/USDC PERPshort−0.0388%1h0.02541+0.106%$6K$1065.5x
01 Exchange MONUSDlong−0.0096%1h0.02538long leg$6K$1K5x
Phoenix MON0.0000%1h0.02549+0.429%$13K$349K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02541+0.098%$69K$119K25xas long as short
Bybit MONUSDT+0.0055%8h0.02535−0.130%$21.1M$12.3M50xas long as short
Orderly PERP_MON_USDC+0.0060%4h0.02539+0.028%$16K$58K10xas long as short
Paradex MON-USD-PERP+0.0094%8h0.02540+0.059%$8K$425xas long as short
Lighter MON+0.0096%1h0.02544+0.225%$848K$740K10xas long as short
Nado MON-PERP+0.0100%1h0.02547+0.330%$403K$537K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MONUSDT+0.0100%4h0.02543+0.198%$106K$227K10xas long as short
dYdX MON-USD+0.0100%1h0.02544+0.218%$13K5xas long as short
Pacifica MON+0.0100%1h0.02543+0.185%$141K$103K3xas long as short
Binance MONUSDT+0.0100%4h0.02540+0.048%$24.3M$25.7M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02539+0.028%$4.3M$5.8M50xas long as short
Bulk MON-USD+0.0100%1h0.02545+0.281%$106K$4K10xas long as short
Gate MON_USDT+0.0100%4h0.02542+0.146%$955K$884K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02543+0.185%$2.9M$740K75xas long as short
Bitget MONUSDT+0.0100%4h0.02543+0.185%$2.7M$2.0M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02544+0.244%$120K$160K10xas long as short
Variational Omni MON+0.0100%8h0.02538−0.008%$764K$411Kas long as short
edgeX MONUSDC+0.0100%4h0.02548+0.373%$44K$247K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02548+0.382%$572K$1.5M10xas long as short
SoDEX MON-USD+0.0100%1h0.02540+0.067%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02546+0.307%$49K$520K10xas long as short
Aevo MON-PERP+0.0104%1h0.02539+0.008%$38K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0598%1h0.02540+0.075%$8K50xas long as short
Aftermath Perps MONUSD+0.0334%1h0.02559+0.820%$4K$74K10xas long as short
BloFin MON-USDT+0.0340%4h0.02541+0.106%$1.4M$308K75xas long as short
Hyperliquid MON+0.0360%1h0.02546+0.295%$34.7M$7.5M5xas long as short
Perpl MON+0.0447%43m0.02544+0.213%$115K$2.1M10xas long as short
Coinbase International MON-PERP-INTX+0.0744%1h0.02548+0.366%$111K$51K50xas long as short
Kraken Futures PF_MONUSD+0.0841%1h0.02543+0.176%$277K$88K10xas long as short