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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against ApeX Omni+0.119%7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$820.819% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.003%$0 on $10k
Price spread, last 4 days (all we have)−0.593%−$59 · spread now +0.119%, 7d avg −0.019%
Together, before fees−0.590%−$59 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: Gate is 0.138% dearer against ApeX Omni than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni MONUSDT0.025150.0100pay 0.0013% / 1h46m 41s$68K$543K50x
ShortGate MON_USDT0.025180.0100get 0.0050% / 4h3h 46m$942K$1.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$0
Price spread: +0.119% → −0.019%
$13.84
Slippage, 4 orders
−$56.86
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$68.02
Costs to cover
0.819%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 51 min ago; Gate: live order book, just now.

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, 51 min ago10.01 bp19.2 bp −$19113.7 bp −$1,137doesn't fitdoesn't fit
Sell Gate live order book, just now3.97 bp21.4 bp −$21365.0 bp −$3,650doesn't fitdoesn't fit

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−0.0166%1h0.02520+0.199%$110K$157K10xas long as short
Injective MON/USDC PERP−0.0089%1h0.02505−0.398%$5K$1085.5xas long as short
Phoenix MON0.0000%1h0.02513−0.064%$13K$346K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02519+0.155%$73K$137K25xas long as short
Lighter MON+0.0096%1h0.02520+0.199%$809K$765K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02517+0.063%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02522+0.290%$395K$573K10xas long as short
Hyperliquid MON+0.0100%1h0.02519+0.147%$34.0M$7.8M5xas long as short
Aster MONUSDT+0.0100%4h0.02520+0.184%$100K$213K10xas long as short
dYdX MON-USD+0.0100%1h0.02518+0.131%$13K5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica MON+0.0100%1h0.02518+0.119%$139K$91K3xas long as short
Binance MONUSDT+0.0100%4h0.02517+0.080%$24.0M$27.6M75xas long as short
Bybit MONUSDT+0.0100%8h0.02516+0.040%$21.0M$13.9M50xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02516+0.040%$4.2M$6.3M50xas long as short
Bulk MON-USD+0.0100%1h0.02510−0.197%$103K−$010xas long as short
Gate MON_USDTshort+0.0100%4h0.02518+0.119%$942K$1.0M50x
KuCoin MONUSDTM+0.0100%4h0.02523+0.318%$2.9M$766K75xas long as short
Bitget MONUSDT+0.0100%4h0.02518+0.119%$2.7M$2.3M25xas long as short
Variational Omni MON+0.0100%8h0.02511−0.156%$744K$408Kas long as short
edgeX MONUSDC+0.0100%4h0.02514−0.049%$41K$251K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02516+0.049%$560K$1.5M10xas long as short
ApeX Omni MONUSDTlong+0.0100%1h0.02515long leg$68K$543K50x
Orderly PERP_MON_USDC+0.0100%4h0.02520+0.199%$16K$42K10xas long as short
SoDEX MON-USD+0.0100%1h0.02517+0.080%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02518+0.133%$60K$328K10xas long as short
Aevo MON-PERP+0.0104%1h0.02517+0.099%$38K3xas long as short
01 Exchange MONUSD+0.0224%1h0.02521+0.247%$6K$3K5xas long as short
GMX MON/USD [ETH-USDC]L +0.0231% / S −0.0246%1h0.02518+0.111%$6K50xas long as short
BloFin MON-USDT+0.0340%4h0.02520+0.199%$1.3M$372K75xas long as short
Perpl MON+0.0447%43m0.02520+0.191%$119K$2.2M10xas long as short
Aftermath Perps MONUSD+0.0468%1h0.02514−0.022%$5K$103K10xas long as short
Coinbase International MON-PERP-INTX+0.0744%1h0.02519+0.163%$111K$54K50xas long as short
Kraken Futures PF_MONUSD+0.0794%1h0.02520+0.213%$271K$118K10xas long as short