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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0402%/8h= +44.0% APRnext payment +$0.50 per $10,000 · paid last 24h +0.172%
Price spread now: Aftermath Perps against ApeX Omni+0.156%66s7-day average +0.028% · 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 4 days (all we have)+0.524%+$52 on $10k
Price spread, last 4 days (all we have)−0.153%−$15 · spread now +0.156%, 7d avg +0.028%
Together, before fees+0.371%+$37 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Aftermath Perps is 0.128% dearer against ApeX Omni than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.028%. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni MONUSDT0.025050.0100pay 0.0013% / 1h28m 15s$68K$548K50x
ShortAftermath Perps MONUSD0.025090.0502get 0.0063% / 1h28m 15s$5K$97K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against ApeX Omni. 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
$84.44
Price spread: +0.156% → +0.028%
$12.81
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$78.25
Costs to cover
0.190%
Break-even
0.5 days
Slippage unknown: ApeX Omni: live order book, 17 min ago; Aftermath Perps: 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 ApeX Omni live order book, 17 min ago7.97 bp15.6 bp −$16114.5 bp −$1,145doesn't fitdoesn't fit
Sell Aftermath Perps no order-book sample
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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange MONUSD−0.0544%1h0.02508+0.132%$6K$2K5xas long as short
Backpack MON_USDC_PERP−0.0442%1h0.02508+0.136%$113K$150K10xas long as short
Deribit MON_USDC-PERPETUAL−0.0388%1h0.02507+0.076%$79K$118K25xas long as short
Injective MON/USDC PERP−0.0246%1h0.02541+1.437%$6K$1015.5xas long as short
Bybit MONUSDT−0.0112%8h0.02503−0.076%$20.9M$13.4M50xas long as short
Phoenix MON0.0000%1h0.02505+0.004%$12K$281K5xas long as short
Paradex MON-USD-PERP+0.0050%8h0.02507+0.081%$8K$425xas long as short
Lighter MON+0.0096%1h0.02509+0.160%$823K$737K10xas long as short
Hyperliquid MON+0.0100%1h0.02508+0.116%$33.6M$6.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02506+0.042%$99K$204K10xas long as short
Show all 33 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX MON-USD+0.0100%1h0.02508+0.140%$13K5xas long as short
Pacifica MON+0.0100%1h0.02508+0.120%$139K$85K3xas long as short
Binance MONUSDT+0.0100%4h0.02507+0.074%$24.1M$26.4M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02504−0.040%$4.2M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02510+0.200%$103K−$010xas long as short
Gate MON_USDT+0.0100%4h0.02509+0.160%$1.1M$1.3M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02509+0.160%$2.8M$749K75xas long as short
Bitget MONUSDT+0.0100%4h0.02508+0.120%$2.8M$2.2M25xas long as short
Variational Omni MON+0.0100%8h0.02502−0.123%$747K$377Kas long as short
edgeX MONUSDC+0.0100%4h0.02504−0.048%$41K$250K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02506+0.040%$566K$1.4M10xas long as short
ApeX Omni MONUSDTlong+0.0100%1h0.02505long leg$68K$548K50x
Nado MON-PERP+0.0100%1h0.02509+0.171%$398K$576K10xas long as short
Orderly PERP_MON_USDC+0.0100%4h0.02507+0.080%$16K$36K10xas long as short
SoDEX MON-USD+0.0100%1h0.02506+0.040%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02509+0.142%$57K$320K10xas long as short
Aevo MON-PERP+0.0104%1h0.02506+0.020%$38K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0230% / S −0.0246%1h0.02508+0.136%$6K50xas long as short
BloFin MON-USDT+0.0340%4h0.02506+0.040%$1.4M$388K75xas long as short
Perpl MON+0.0447%43m0.02508+0.124%$116K$2.1M10xas long as short
Aftermath Perps MONUSDshort+0.0502%1h0.02509+0.156%$5K$97K10x
Kraken Futures PF_MONUSD+0.0701%1h0.02509+0.166%$271K$123K10xas long as short
Coinbase International MON-PERP-INTX+0.0808%1h0.02513+0.311%$106K$56K50xas long as short