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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0556%/8h= +60.9% APRpaid last 24h −0.030%
Price spread now: Orderly against 01 Exchange+0.461%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 +$17 a day on $10k at the current rate, and Orderly is 0.461% dearer against 01 Exchange than usual: you sell high and buy low: +$46 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange MONUSD0.02492−0.0456get 0.0057% / 1h31m 46s$6K$2K5x
ShortOrderly PERP_MON_USDC0.025040.0100get 0.0050% / 4h1h 31m$16K$36K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$116.76
Price spread: +0.461% → 0.000%
$46.14
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Orderly: 3 bp × 2 orders
−$6
Net
$149.9
Costs to cover
0.130%
Break-even
from the start
Slippage unknown: 01 Exchange: no order-book sample; Orderly: 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 Orderly no order-book sample
01 Exchange and Orderly: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange MONUSDlong−0.0456%1h0.02492long leg$6K$2K5x
Backpack MON_USDC_PERP−0.0442%1h0.02508+0.610%$113K$151K10xas long as short
Deribit MON_USDC-PERPETUAL−0.0269%1h0.02505+0.510%$79K$118K25xas long as short
Injective MON/USDC PERP−0.0246%1h0.02541+1.946%$6K$1015.5xas long as short
Bybit MONUSDT−0.0096%8h0.02503+0.421%$20.9M$13.4M50xas long as short
Phoenix MON0.0000%1h0.02499+0.269%$12K$281K5xas long as short
Paradex MON-USD-PERP+0.0056%8h0.02505+0.508%$8K$425xas long as short
Lighter MON+0.0096%1h0.02507+0.582%$822K$737K10xas long as short
Nado MON-PERP+0.0100%1h0.02507+0.578%$398K$577K10xas long as short
Hyperliquid MON+0.0100%1h0.02506+0.550%$33.6M$6.5M5xas long as short
Show all 33 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MONUSDT+0.0100%4h0.02504+0.472%$99K$204K10xas long as short
dYdX MON-USD+0.0100%1h0.02506+0.524%$13K5xas long as short
Pacifica MON+0.0100%1h0.02506+0.542%$139K$85K3xas long as short
Binance MONUSDT+0.0100%4h0.02505+0.498%$24.1M$26.4M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02503+0.421%$4.2M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02510+0.702%$103K−$010xas long as short
Gate MON_USDT+0.0100%4h0.02507+0.582%$1.1M$1.3M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02507+0.582%$2.8M$749K75xas long as short
Bitget MONUSDT+0.0100%4h0.02506+0.542%$2.8M$2.2M25xas long as short
Variational Omni MON+0.0100%8h0.02505+0.516%$748K$377Kas long as short
edgeX MONUSDC+0.0100%4h0.02510+0.704%$41K$249K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02513+0.823%$568K$1.4M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02505+0.502%$68K$548K50xas long as short
Orderly PERP_MON_USDCshort+0.0100%4h0.02504+0.461%$16K$36K10x
SoDEX MON-USD+0.0100%1h0.02505+0.502%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02507+0.589%$59K$318K10xas long as short
Aevo MON-PERP+0.0104%1h0.02506+0.522%$38K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0230% / S −0.0246%1h0.02507+0.570%$6K50xas long as short
BloFin MON-USDT+0.0340%4h0.02504+0.461%$1.4M$387K75xas long as short
Perpl MON+0.0447%43m0.02507+0.562%$116K$2.1M10xas long as short
Aftermath Perps MONUSD+0.0529%1h0.02510+0.686%$5K$97K10xas long as short
Kraken Futures PF_MONUSD+0.0701%1h0.02508+0.627%$271K$124K10xas long as short
Coinbase International MON-PERP-INTX+0.0808%1h0.02507+0.598%$106K$55K50xas long as short