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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0028%/8h= −3.1% APRpaid last 24h 0.000%
Price spread now: Paradex against ApeX Omni+0.160%50s7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
The price spread pays, funding is against you. Paradex is 0.160% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.160% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 19 days. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni MONUSDT0.025780.0100pay 0.0013% / 1h46m 30s$69K$479K50x
ShortParadex MON-USD-PERP0.025820.0072get 0.0072% / 8h1h 46m$8K$425x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$5.88
Price spread: +0.160% → 0.000%
$16.01
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$3.87
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: ApeX Omni: live order book, 36 min ago; Paradex: 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, 36 min ago9.61 bp19.8 bp −$20113.1 bp −$1,131doesn't fitdoesn't fit
Sell Paradex no order-book sample
Paradex: 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
01 Exchange MONUSD−0.0072%1h0.02585+0.264%$6K$1K5xas long as short
Injective MON/USDC PERP−0.0053%1h0.02582+0.155%$6K$1075.5xas long as short
Bybit MONUSDT−0.0036%8h0.02581+0.124%$21.5M$11.8M50xas long as short
Deribit MON_USDC-PERPETUAL−0.0021%1h0.02582+0.155%$70K$119K25xas long as short
Phoenix MON0.0000%1h0.02580+0.062%$13K$362K5xas long as short
Perpl MON0.0000%43m0.02585+0.268%$144K$1.8M10xas long as short
Aftermath Perps MONUSD+0.0036%1h0.02584+0.228%$2K$74K10xas long as short
Paradex MON-USD-PERPshort+0.0072%8h0.02582+0.160%$8K$425x
Orderly PERP_MON_USDC+0.0075%4h0.02580+0.078%$17K$64K10xas long as short
Lighter MON+0.0096%1h0.02584+0.233%$847K$763K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado MON-PERP+0.0100%1h0.02585+0.259%$387K$537K10xas long as short
Hyperliquid MON+0.0100%1h0.02588+0.403%$35.0M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02584+0.220%$108K$230K10xas long as short
dYdX MON-USD+0.0100%1h0.02582+0.165%$13K5xas long as short
Pacifica MON+0.0100%1h0.02584+0.229%$143K$107K3xas long as short
Binance MONUSDT+0.0100%4h0.02585+0.272%$24.6M$24.7M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02582+0.155%$4.4M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02580+0.078%$108K$3K10xas long as short
Gate MON_USDT+0.0100%4h0.02585+0.272%$1.0M$862K50xas long as short
Bitget MONUSDT+0.0100%4h0.02586+0.310%$2.7M$1.8M25xas long as short
Variational Omni MON+0.0100%8h0.02572−0.222%$777K$410Kas long as short
edgeX MONUSDC+0.0100%4h0.02577−0.027%$47K$243K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02581+0.113%$581K$1.5M10xas long as short
ApeX Omni MONUSDTlong+0.0100%1h0.02578long leg$69K$479K50x
SoDEX MON-USD+0.0100%1h0.02580+0.078%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02586+0.301%$52K$407K10xas long as short
Aevo MON-PERP+0.0104%1h0.02581+0.101%$39K3xas long as short
Kraken Futures PF_MONUSD+0.0173%1h0.02582+0.165%$266K$70K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0261% / S −0.0598%1h0.02586+0.330%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02579+0.039%$1.4M$293K75xas long as short
KuCoin MONUSDTM+0.0360%4h0.02591+0.504%$3.2M$768K75xas long as short
Backpack MON_USDC_PERP+0.0409%1h0.02582+0.144%$138K$136K10xas long as short
Coinbase International MON-PERP-INTX+0.0536%1h0.02607+1.113%$114K$49K50xas long as short