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

MON

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0005%/8h= −0.5% APRpaid last 24h −0.014%
Price spread now: Bybit against Aevo−0.039%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.039% cheaper against Aevo than usual: you would sell low and buy high, −$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo MON-PERP0.025920.0104pay 0.0013% / 1h8m 07s$39K3x
ShortBybit MONUSDT0.025910.0099get 0.0099% / 8h7h 08m$21.6M$12.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Aevo. 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
−$1.02
Price spread: −0.039% → 0.000%
−$3.86
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$31.88
Costs to cover
0.270%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Bybit: live order book, just now. 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 Aevo no order-book sample
Sell Bybit live order book, just now1.93 bp19.1 bp −$1964.1 bp −$641doesn't fitdoesn't fit
Aevo: 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−0.0444%1h0.02570−0.849%$6K$1085.5xas long as short
Phoenix MON0.0000%1h0.02599+0.278%$14K$351K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02594+0.062%$70K$119K25xas long as short
01 Exchange MONUSD+0.0016%1h0.02592−0.008%$6K$1K5xas long as short
Orderly PERP_MON_USDC+0.0063%4h0.025920.000%$17K$59K10xas long as short
Paradex MON-USD-PERP+0.0092%8h0.02590−0.088%$8K$425xas long as short
Lighter MON+0.0096%1h0.02595+0.116%$864K$755K10xas long as short
Bybit MONUSDTshort+0.0099%8h0.02591−0.039%$21.6M$12.2M50x
Nado MON-PERP+0.0100%1h0.02599+0.266%$401K$523K10xas long as short
Hyperliquid MON+0.0100%1h0.02597+0.185%$35.4M$7.5M5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MONUSDT+0.0100%4h0.02595+0.126%$108K$231K10xas long as short
dYdX MON-USD+0.0100%1h0.02595+0.122%$13K5xas long as short
Pacifica MON+0.0100%1h0.02595+0.120%$144K$103K3xas long as short
Binance MONUSDT+0.0100%4h0.025920.000%$24.8M$25.4M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02589−0.116%$4.4M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02560−1.218%$106K$4K10xas long as short
Gate MON_USDT+0.0100%4h0.025920.000%$977K$931K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02599+0.270%$3.0M$728K75xas long as short
Bitget MONUSDT+0.0100%4h0.02593+0.039%$2.8M$1.9M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02593+0.039%$129K$142K10xas long as short
Variational Omni MON+0.0100%8h0.02593+0.022%$780K$411Kas long as short
edgeX MONUSDC+0.0100%4h0.02595+0.102%$44K$247K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02600+0.310%$581K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02593+0.039%$69K$487K50xas long as short
SoDEX MON-USD+0.0100%1h0.02593+0.039%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02598+0.244%$50K$517K10xas long as short
Aevo MON-PERPlong+0.0104%1h0.02592long leg$39K3x
Aftermath Perps MONUSD+0.0208%1h0.02592+0.019%$4K$74K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0261% / S −0.0598%1h0.02593+0.050%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02600+0.309%$1.4M$310K75xas long as short
Perpl MON+0.0447%43m0.02595+0.116%$120K$2.1M10xas long as short
Kraken Futures PF_MONUSD+0.0460%1h0.02597+0.174%$273K$78K10xas long as short
Coinbase International MON-PERP-INTX+0.0808%1h0.02608+0.625%$114K$52K50xas long as short