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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0146%/8h= +16.0% APRnext payment +$0.18 per $10,000 · paid last 24h +0.088%
Price spread now: GMX against ApeX Omni−0.463%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
Funding pays, the price is against you. GMX is 0.463% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.463% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$46 on $10k: about 11 days of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni MONUSDT0.025060.0100pay 0.0013% / 1h0m 40s$68K$536K50x
ShortGMX MON/USD [ETH-USDC]0.02494L +0.0230% / S −0.0246%get 0.0031% / 1h0m 40s$6K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$30.73
Price spread: −0.463% → 0.000%
−$46.29
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
−$37.56
Costs to cover
0.220%
Break-even
15.6 days
Slippage unknown: ApeX Omni: live order book, 42 min ago; GMX: 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, 42 min ago10.01 bp18.4 bp −$18119.4 bp −$1,194doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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
Phoenix MON0.0000%1h0.02506−0.016%$13K$353K5xas long as short
Perpl MON0.0000%43m0.02497−0.343%$126K$2.2M10xas long as short
Orderly PERP_MON_USDC+0.0089%4h0.02497−0.359%$16K$42K10xas long as short
Lighter MON+0.0096%1h0.02499−0.279%$801K$787K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02498−0.334%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02498−0.335%$391K$575K10xas long as short
Aster MONUSDT+0.0100%4h0.02499−0.293%$99K$213K10xas long as short
dYdX MON-USD+0.0100%1h0.02496−0.419%$12K5xas long as short
Pacifica MON+0.0100%1h0.02498−0.331%$138K$91K3xas long as short
Binance MONUSDT+0.0100%4h0.02497−0.359%$23.7M$27.5M75xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit MONUSDT+0.0100%8h0.02496−0.395%$20.7M$13.8M50xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02497−0.359%$4.2M$6.2M50xas long as short
Bulk MON-USD+0.0100%1h0.02500−0.239%$103K−$010xas long as short
Gate MON_USDT+0.0100%4h0.02498−0.319%$931K$1.0M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02500−0.239%$2.9M$766K75xas long as short
Bitget MONUSDT+0.0100%4h0.02501−0.200%$2.7M$2.3M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02498−0.307%$109K$156K10xas long as short
Variational Omni MON+0.0100%8h0.02494−0.496%$741K$411Kas long as short
edgeX MONUSDC+0.0100%4h0.02504−0.080%$41K$251K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02506+0.001%$565K$1.5M10xas long as short
ApeX Omni MONUSDTlong+0.0100%1h0.02506long leg$68K$536K50x
SoDEX MON-USD+0.0100%1h0.02495−0.439%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02502−0.167%$47K$268K10xas long as short
Aevo MON-PERP+0.0104%1h0.02496−0.419%$38K3xas long as short
Injective MON/USDC PERP+0.0109%1h0.02500−0.239%$5K$1135.5xas long as short
Deribit MON_USDC-PERPETUAL+0.0191%1h0.02497−0.371%$72K$138K25xas long as short
GMX MON/USD [ETH-USDC]shortL +0.0230% / S −0.0246%1h0.02494−0.463%$6K50x
01 Exchange MONUSD+0.0272%1h0.02501−0.188%$6K$3K5xas long as short
BloFin MON-USDT+0.0340%4h0.02500−0.239%$1.3M$348K75xas long as short
Hyperliquid MON+0.0425%1h0.02499−0.263%$33.8M$7.8M5xas long as short
Aftermath Perps MONUSD+0.0476%1h0.02502−0.177%$6K$100K10xas long as short
Coinbase International MON-PERP-INTX+0.0576%1h0.02511+0.208%$110K$53K50xas long as short
Kraken Futures PF_MONUSD+0.0846%1h0.02498−0.326%$268K$119K10xas long as short