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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0035%/8h= −3.8% APRnext payment $0.04 per $10,000 · paid last 24h −0.219%
Price spread now: dYdX against Aftermath Perps−0.046%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 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 against this trade now: funding costs −$1 a day on $10k at the current rate, and dYdX is 0.046% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps MONUSD0.025760.0135pay 0.0017% / 1h32m 17s$4K$76K10x
ShortdYdX MON-USD0.025750.0100get 0.0013% / 1h32m 17s$13K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$7.29
Price spread: −0.046% → 0.000%
−$4.62
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$30.91
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; dYdX: 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 Aftermath Perps no order-book sample
Sell dYdX no order-book sample
Aftermath Perps and dYdX: 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%1h0.02576−0.011%$6K$1075.5xas long as short
Phoenix MON0.0000%1h0.02576+0.005%$13K$351K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02573−0.131%$69K$119K25xas long as short
Orderly PERP_MON_USDC+0.0068%4h0.02572−0.166%$17K$64K10xas long as short
01 Exchange MONUSD+0.0088%1h0.02571−0.193%$6K$1K5xas long as short
Lighter MON+0.0096%1h0.02576−0.011%$858K$754K10xas long as short
Paradex MON-USD-PERP+0.0098%8h0.02571−0.195%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02574−0.085%$393K$536K10xas long as short
Hyperliquid MON+0.0100%1h0.02575−0.050%$35.0M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02574−0.091%$107K$231K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX MON-USDshort+0.0100%1h0.02575−0.046%$13K5x
Pacifica MON+0.0100%1h0.02575−0.050%$142K$104K3xas long as short
Binance MONUSDT+0.0100%4h0.02572−0.166%$24.6M$25.7M75xas long as short
Bybit MONUSDT+0.0100%8h0.02571−0.205%$21.3M$12.2M50xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02571−0.205%$4.3M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02575−0.050%$106K$2K10xas long as short
Gate MON_USDT+0.0100%4h0.02572−0.166%$980K$904K50xas long as short
Bitget MONUSDT+0.0100%4h0.02574−0.088%$2.7M$1.9M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02574−0.077%$128K$141K10xas long as short
Variational Omni MON+0.0100%8h0.02581+0.187%$780K$407Kas long as short
edgeX MONUSDC+0.0100%4h0.02578+0.059%$44K$248K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02581+0.200%$585K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02577+0.028%$69K$484K50xas long as short
SoDEX MON-USD+0.0100%1h0.02572−0.166%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02576−0.012%$49K$517K10xas long as short
Aevo MON-PERP+0.0104%1h0.02573−0.131%$39K3xas long as short
Aftermath Perps MONUSDlong+0.0135%1h0.02576long leg$4K$76K10x
KuCoin MONUSDTM+0.0142%4h0.02576−0.011%$3.0M$725K75xas long as short
GMX MON/USD [ETH-USDC]L +0.0261% / S −0.0598%1h0.02572−0.151%$8K50xas long as short
BloFin MON-USDT+0.0340%4h0.02578+0.067%$1.4M$308K75xas long as short
Perpl MON+0.0447%43m0.02571−0.209%$174K$2.0M10xas long as short
Kraken Futures PF_MONUSD+0.0464%1h0.02576−0.021%$270K$78K10xas long as short
Coinbase International MON-PERP-INTX+0.0808%1h0.02577+0.028%$113K$51K50xas long as short