Funding arb · Price arb /

MON

all MON markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Aster against ApeX Omni−0.072%7-day average +0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$111as in the Price arb table

costs, in and out, $10k−$1031.029% of the position

Long on ApeX Omni Short on Aster

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)+0.001%$0 on $10k

Price spread, last 4 days (all we have)+0.053%+$5 · spread now −0.072%, 7d avg +0.007%

Together, before fees+0.053%+ Points / potential airdropAster: Stage 5 · farm board+$5 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.079% cheaper against ApeX Omni than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni MONUSDT	0.02489	0.0100	pay 0.0013% / 1h	31m 16s	$68K	$536K	50x
Short	Aster MONUSDT	0.02487	0.0100	get 0.0050% / 4h	1h 31m	$98K	$221K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee AsterbpOrdersPrice spread, now −0.072%Rate

Funding earned: $0
Price spread: −0.072% → +0.007%: −$7.89
Slippage, 4 orders: −$84.86
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$110.76
Costs to cover: 1.029%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 11 min ago; Aster: live order book, 10 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy ApeX Omni live order book, 11 min ago	10.01 bp	18.4 bp −$18	119.4 bp −$1,194	doesn't fit	doesn't fit
Sell Aster live order book, 10 min ago	16.01 bp	32.4 bp −$32	doesn't fit	doesn't fit	doesn't fit

MON on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix MON	0.0000%	1h	0.02487	−0.072%	$13K	$353K	5x	as long as short
Bybit MONUSDT	+0.0062%	8h	0.02490	+0.040%	$20.5M	$13.7M	50x	as long as short
Orderly PERP_MON_USDC	+0.0085%	4h	0.02490	+0.040%	$16K	$48K	10x	as long as short
Lighter MON	+0.0096%	1h	0.02493	+0.161%	$799K	$787K	10x	as long as short
Paradex MON-USD-PERP	+0.0100%	8h	0.02489	+0.015%	$7K	$42	5x	as long as short
Nado MON-PERP	+0.0100%	1h	0.02495	+0.249%	$397K	$572K	10x	as long as short
Aster MONUSDTshort	+0.0100%	4h	0.02487	−0.072%	$98K	$221K	10x
dYdX MON-USD	+0.0100%	1h	0.02487	−0.083%	$12K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02489	+0.004%	$138K	$91K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02491	+0.067%	$23.7M	$27.6M	75x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX MON-USDT-SWAP	+0.0100%	4h	0.02491	+0.080%	$4.2M	$6.1M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02485	−0.160%	$102K	$1K	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02488	−0.040%	$927K	$1.0M	50x	as long as short
KuCoin MONUSDTM	+0.0100%	4h	0.02492	+0.121%	$2.8M	$764K	75x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02490	+0.040%	$2.7M	$2.3M	25x	as long as short
Backpack MON_USDC_PERP	+0.0100%	1h	0.02488	−0.052%	$111K	$155K	10x	as long as short
Variational Omni MON	+0.0100%	8h	0.02489	+0.003%	$739K	$411K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02485	−0.146%	$41K	$251K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02488	−0.060%	$561K	$1.5M	10x	as long as short
ApeX Omni MONUSDTlong	+0.0100%	1h	0.02489	long leg	$68K	$536K	50x
SoDEX MON-USD	+0.0100%	1h	0.02491	+0.080%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02492	+0.136%	$48K	$266K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02491	+0.080%	$38K	—	3x	as long as short
Injective MON/USDC PERP	+0.0109%	1h	0.02489	0.000%	$5K	$111	5.5x	as long as short
Aftermath Perps MONUSD	+0.0206%	1h	0.02492	+0.126%	$6K	$100K	10x	as long as short
01 Exchange MONUSD	+0.0224%	1h	0.02494	+0.185%	$7K	$2K	5x	as long as short
GMX MON/USD [ETH-USDC]	L +0.0230% / S −0.0246%	1h	0.02491	+0.072%	$6K	—	50x	as long as short
Deribit MON_USDC-PERPETUAL	+0.0272%	1h	0.02492	+0.141%	$72K	$138K	25x	as long as short
BloFin MON-USDT	+0.0340%	4h	0.02483	−0.241%	$1.3M	$346K	75x	as long as short
Hyperliquid MON	+0.0392%	1h	0.02494	+0.213%	$33.7M	$7.8M	5x	as long as short
Perpl MON	+0.0447%	43m	0.02494	+0.201%	$119K	$2.2M	10x	as long as short
Coinbase International MON-PERP-INTX	+0.0576%	1h	0.02496	+0.281%	$110K	$54K	50x	as long as short
Kraken Futures PF_MONUSD	+0.0848%	1h	0.02494	+0.184%	$268K	$119K	10x	as long as short