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+0.0325%/8h= +35.6% APRnext payment +$0.41 per $10,000 · paid last 24h +0.079%
Price spread now: GMX against Aevo+0.139%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
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and GMX is 0.139% dearer against Aevo than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo MON-PERP0.025250.0104pay 0.0013% / 1h44m 54s$38K3x
ShortGMX MON/USD [ETH-USDC]0.02529L +0.0260% / S −0.0429%get 0.0054% / 1h44m 54s$9K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$68.31
Price spread: +0.139% → 0.000%
$13.86
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee GMX: 6 bp × 2 orders
−$12
Net
$54.17
Costs to cover
0.280%
Break-even
1.4 days
Slippage unknown: Aevo: no order-book sample; GMX: 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 Aevo no order-book sample
Sell GMX no order-book sample
Aevo and GMX: 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−0.0388%1h0.02541+0.622%$6K$1065.5xas long as short
01 Exchange MONUSD−0.0032%1h0.02535+0.368%$6K$1K5xas long as short
Phoenix MON0.0000%1h0.02540+0.582%$13K$349K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02527+0.087%$68K$125K25xas long as short
Bybit MONUSDT+0.0004%8h0.02525−0.024%$20.8M$12.7M50xas long as short
Orderly PERP_MON_USDC+0.0060%4h0.02526+0.028%$16K$56K10xas long as short
Paradex MON-USD-PERP+0.0095%8h0.02532+0.275%$8K$425xas long as short
Lighter MON+0.0096%1h0.02528+0.107%$842K$740K10xas long as short
Nado MON-PERP+0.0100%1h0.02541+0.609%$406K$542K10xas long as short
Aster MONUSDT+0.0100%4h0.02528+0.114%$101K$229K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX MON-USD+0.0100%1h0.02534+0.364%$13K5xas long as short
Pacifica MON+0.0100%1h0.02535+0.376%$140K$104K3xas long as short
Binance MONUSDT+0.0100%4h0.02526+0.035%$24.1M$25.9M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02527+0.067%$4.2M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02535+0.388%$105K$4K10xas long as short
Gate MON_USDT+0.0100%4h0.02526+0.028%$946K$896K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02530+0.186%$2.9M$744K75xas long as short
Bitget MONUSDT+0.0100%4h0.02526+0.028%$2.7M$2.0M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02529+0.162%$117K$160K10xas long as short
Variational Omni MON+0.0100%8h0.02530+0.171%$761K$411Kas long as short
edgeX MONUSDC+0.0100%4h0.02537+0.473%$43K$249K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02550+0.996%$573K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02537+0.463%$68K$491K50xas long as short
SoDEX MON-USD+0.0100%1h0.02526+0.028%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02531+0.231%$48K$520K10xas long as short
Aevo MON-PERPlong+0.0104%1h0.02525long leg$38K3x
GMX MON/USD [ETH-USDC]shortL +0.0260% / S −0.0429%1h0.02529+0.139%$9K50x
BloFin MON-USDT+0.0340%4h0.02549+0.939%$1.4M$310K75xas long as short
Aftermath Perps MONUSD+0.0343%1h0.02545+0.767%$4K$76K10xas long as short
Hyperliquid MON+0.0411%1h0.02533+0.305%$34.6M$7.6M5xas long as short
Perpl MON+0.0447%43m0.02536+0.408%$114K$2.1M10xas long as short
Coinbase International MON-PERP-INTX+0.0744%1h0.02524−0.048%$110K$51K50xas long as short
Kraken Futures PF_MONUSD+0.0846%1h0.02529+0.149%$275K$88K10xas long as short