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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0385%/8h= +42.2% APRnext payment +$0.48 per $10,000 · paid last 24h +0.023%
Price spread now: Coinbase International against Aftermath Perps+0.682%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 +$12 a day on $10k at the current rate, and Coinbase International is 0.682% dearer against Aftermath Perps than usual: you sell high and buy low: +$68 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps MONUSD0.024970.0071pay 0.0009% / 1h13m 36s$5K$94K10x
ShortCoinbase International MON-PERP-INTX0.025150.0456get 0.0057% / 1h13m 36s$110K$56K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Aftermath Perps. 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
$80.9
Price spread: +0.682% → 0.000%
$68.19
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$130.1
Costs to cover
0.190%
Break-even
from the start
Slippage unknown: Aftermath Perps: no order-book sample; Coinbase International: live order book, 34 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 Aftermath Perps no order-book sample
Sell Coinbase International live order book, 34 min ago29.25 bp160.6 bp −$161doesn't fitdoesn't fitdoesn't fit
Aftermath Perps: 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
Backpack MON_USDC_PERP−0.0097%1h0.02514+0.678%$114K$154K10xas long as short
Bybit MONUSDT−0.0006%8h0.02510+0.506%$20.6M$13.7M50xas long as short
Phoenix MON0.0000%1h0.02499+0.077%$12K$355K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02512+0.582%$74K$135K25xas long as short
01 Exchange MONUSD+0.0016%1h0.02512+0.578%$7K$2K5xas long as short
Injective MON/USDC PERP+0.0039%1h0.02489−0.339%$5K$1135.5xas long as short
Aftermath Perps MONUSDlong+0.0071%1h0.02497long leg$5K$94K10x
Orderly PERP_MON_USDC+0.0083%4h0.02511+0.542%$16K$48K10xas long as short
Lighter MON+0.0096%1h0.02512+0.582%$818K$767K10xas long as short
Paradex MON-USD-PERP+0.0099%8h0.02510+0.517%$8K$425xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado MON-PERP+0.0100%1h0.02514+0.646%$412K$571K10xas long as short
Hyperliquid MON+0.0100%1h0.02515+0.706%$33.7M$7.6M5xas long as short
Aster MONUSDT+0.0100%4h0.02512+0.600%$99K$221K10xas long as short
dYdX MON-USD+0.0100%1h0.02511+0.557%$13K5xas long as short
Pacifica MON+0.0100%1h0.02513+0.614%$139K$92K3xas long as short
Binance MONUSDT+0.0100%4h0.02512+0.588%$23.9M$27.5M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02511+0.542%$4.2M$6.2M50xas long as short
Bulk MON-USD+0.0100%1h0.02479−0.720%$102K$1K10xas long as short
Gate MON_USDT+0.0100%4h0.02512+0.582%$942K$1.0M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02513+0.622%$2.9M$765K75xas long as short
Bitget MONUSDT+0.0100%4h0.02513+0.622%$2.7M$2.3M25xas long as short
Variational Omni MON+0.0100%8h0.02503+0.205%$739K$410Kas long as short
edgeX MONUSDC+0.0100%4h0.02505+0.297%$41K$252K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02502+0.181%$556K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02503+0.221%$68K$530K50xas long as short
SoDEX MON-USD+0.0100%1h0.02511+0.542%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02513+0.631%$47K$283K10xas long as short
Aevo MON-PERP+0.0104%1h0.02512+0.586%$38K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0231% / S −0.0246%1h0.02511+0.554%$6K50xas long as short
BloFin MON-USDT+0.0340%4h0.02500+0.101%$1.3M$346K75xas long as short
Perpl MON+0.0447%43m0.02513+0.602%$114K$2.2M10xas long as short
Coinbase International MON-PERP-INTXshort+0.0456%1h0.02515+0.682%$110K$56K50x
Kraken Futures PF_MONUSD+0.1012%1h0.02514+0.651%$270K$119K10xas long as short