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−0.0094%/8h= −10.3% APRnext payment $0.12 per $10,000 · paid last 24h −0.168%
Price spread now: 01 Exchange against Aftermath Perps−0.312%49s7-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 −$3 a day on $10k at the current rate, and 01 Exchange is 0.312% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$31 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps MONUSD0.025610.0118pay 0.0015% / 1h55m 33s$3K$75K10x
Short01 Exchange MONUSD0.025530.0024get 0.0003% / 1h55m 33s$6K$1K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$19.74
Price spread: −0.312% → 0.000%
−$31.15
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$66.89
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; 01 Exchange: 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 01 Exchange no order-book sample
Aftermath Perps and 01 Exchange: 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%1h0.02559−0.062%$6K$1045.5xas long as short
Bybit MONUSDT−0.0167%8h0.02553−0.296%$21.1M$12.1M50xas long as short
Backpack MON_USDC_PERP−0.0008%1h0.02559−0.065%$127K$141K10xas long as short
Phoenix MON0.0000%1h0.02559−0.046%$13K$351K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02558−0.105%$69K$119K25xas long as short
01 Exchange MONUSDshort+0.0024%1h0.02553−0.312%$6K$1K5x
Orderly PERP_MON_USDC+0.0070%4h0.02557−0.140%$17K$64K10xas long as short
Lighter MON+0.0096%1h0.02558−0.101%$849K$739K10xas long as short
Paradex MON-USD-PERP+0.0097%8h0.02554−0.246%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02557−0.141%$390K$540K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MON+0.0100%1h0.02560−0.038%$34.6M$7.7M5xas long as short
Aster MONUSDT+0.0100%4h0.02558−0.115%$106K$231K10xas long as short
dYdX MON-USD+0.0100%1h0.02559−0.057%$13K5xas long as short
Pacifica MON+0.0100%1h0.02557−0.132%$141K$104K3xas long as short
Binance MONUSDT+0.0100%4h0.02556−0.194%$24.4M$25.5M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02552−0.335%$4.3M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02560−0.023%$107K−$010xas long as short
Gate MON_USDT+0.0100%4h0.02556−0.179%$977K$889K50xas long as short
Bitget MONUSDT+0.0100%4h0.02556−0.179%$2.7M$1.9M25xas long as short
Variational Omni MON+0.0100%8h0.02556−0.173%$772K$407Kas long as short
edgeX MONUSDC+0.0100%4h0.02557−0.125%$47K$243K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02560−0.035%$580K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02559−0.062%$68K$482K50xas long as short
SoDEX MON-USD+0.0100%1h0.02557−0.140%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02558−0.117%$51K$404K10xas long as short
Aevo MON-PERP+0.0104%1h0.02558−0.089%$39K3xas long as short
Aftermath Perps MONUSDlong+0.0118%1h0.02561long leg$3K$75K10x
KuCoin MONUSDTM+0.0230%4h0.02564+0.134%$3.0M$720K75xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0598%1h0.02557−0.151%$8K50xas long as short
BloFin MON-USDT+0.0340%4h0.02558−0.101%$1.3M$306K75xas long as short
Perpl MON+0.0447%43m0.02557−0.132%$124K$1.8M10xas long as short
Kraken Futures PF_MONUSD+0.0467%1h0.02560−0.006%$269K$78K10xas long as short
Coinbase International MON-PERP-INTX+0.0808%1h0.02609+1.887%$115K$50K50xas long as short