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

MON

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0196%/8h= +21.5% APRnext payment +$0.24 per $10,000 · paid last 24h −0.056%
Price spread now: Nado against 01 Exchange+0.088%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 fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Nado is 0.088% dearer against 01 Exchange than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange MONUSD0.02555−0.0096get 0.0012% / 1h7m 19s$6K$1K5x
ShortNado MON-PERP0.025570.0100get 0.0012% / 1h7m 19s$390K$541K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
$41.16
Price spread: +0.088% → 0.000%
$8.84
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$36
Costs to cover
0.140%
Break-even
0.9 days
Slippage unknown: 01 Exchange: no order-book sample; Nado: live order book, 6 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 Nado live order book, 6 min ago2.15 bp9.1 bp −$9doesn'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
Injective MON/USDC PERP−0.0121%1h0.02559+0.157%$6K$1095.5xas long as short
01 Exchange MONUSDlong−0.0096%1h0.02555long leg$6K$1K5x
Bybit MONUSDT−0.0030%8h0.02557+0.078%$21.1M$12.1M50xas long as short
Phoenix MON0.0000%1h0.02559+0.153%$13K$360K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02556+0.023%$69K$119K25xas long as short
Orderly PERP_MON_USDC+0.0070%4h0.025550.000%$17K$64K10xas long as short
Aftermath Perps MONUSD+0.0089%1h0.02559+0.143%$3K$75K10xas long as short
Lighter MON+0.0096%1h0.02558+0.117%$849K$794K10xas long as short
Paradex MON-USD-PERP+0.0097%8h0.02557+0.072%$8K$425xas long as short
Nado MON-PERPshort+0.0100%1h0.02557+0.088%$390K$541K10x
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MON+0.0100%1h0.02557+0.074%$34.6M$7.6M5xas long as short
Aster MONUSDT+0.0100%4h0.02557+0.093%$106K$231K10xas long as short
dYdX MON-USD+0.0100%1h0.02557+0.090%$13K5xas long as short
Pacifica MON+0.0100%1h0.02558+0.110%$141K$104K3xas long as short
Binance MONUSDT+0.0100%4h0.02556+0.039%$24.4M$25.5M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.025550.000%$4.3M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02555−0.001%$107K−$010xas long as short
Gate MON_USDT+0.0100%4h0.02556+0.039%$975K$913K50xas long as short
Bitget MONUSDT+0.0100%4h0.02557+0.078%$2.7M$1.9M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02561+0.231%$127K$141K10xas long as short
Variational Omni MON+0.0100%8h0.02552−0.132%$772K$407Kas long as short
edgeX MONUSDC+0.0100%4h0.02557+0.092%$47K$243K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02560+0.195%$580K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02559+0.157%$68K$482K50xas long as short
SoDEX MON-USD+0.0100%1h0.02556+0.039%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02558+0.108%$51K$407K10xas long as short
Aevo MON-PERP+0.0104%1h0.02556+0.020%$39K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0598%1h0.02556+0.023%$8K50xas long as short
KuCoin MONUSDTM+0.0262%4h0.02562+0.274%$3.0M$719K75xas long as short
BloFin MON-USDT+0.0340%4h0.02554−0.039%$1.3M$306K75xas long as short
Kraken Futures PF_MONUSD+0.0422%1h0.02560+0.206%$269K$78K10xas long as short
Perpl MON+0.0447%43m0.02555+0.008%$124K$1.8M10xas long as short
Coinbase International MON-PERP-INTX+0.0480%1h0.02609+2.110%$115K$50K50xas long as short