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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.024%
Price spread now: BloFin against Aster−0.165%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1371.374% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.144%+$14 on $10k
Price spread, last 4 days (all we have)+0.422%+$42 · spread now −0.165%, 7d avg −0.006%
Together, before fees+0.566%+ Points / potential airdropAster: Stage 5 · farm board+$57 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.159% cheaper against Aster than usual: you would sell low and buy high (spread −0.165% now, against its 7-day average of −0.006%). If the spread goes back, that is −$16 on $10k: about 2.2 days of funding at the current rate (+$7 a day). At the pace of the last 5 days (+0.144% in total) that is about 6.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MONUSDT0.025030.0100pay 0.0050% / 4h40m 44s$100K$222K10x
ShortBloFin MON-USDT0.024990.0340get 0.0170% / 4h40m 44s$1.3M$337K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Aster. 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
$50.4
Price spread: −0.165% → −0.006%
−$15.86
Slippage, 4 orders
−$117.36
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$102.82
Costs to cover
1.374%
Break-even
21.3 days
Slippage from Aster: live order book, 16 min ago; BloFin: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 16 min ago15.85 bp67.9 bp −$68doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 2 min ago4.01 bp14.1 bp −$1442.7 bp −$427101.7 bp −$10.2Kdoesn'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
01 Exchange MONUSD−0.0432%1h0.02501−0.069%$6K$1K5xas long as short
Backpack MON_USDC_PERP−0.0307%1h0.02503−0.021%$112K$151K10xas long as short
Injective MON/USDC PERP−0.0176%1h0.02517+0.554%$5K$1095.5xas long as short
Bybit MONUSDT−0.0170%8h0.02500−0.125%$20.5M$13.2M50xas long as short
Deribit MON_USDC-PERPETUAL−0.0150%1h0.02501−0.081%$74K$135K25xas long as short
Phoenix MON0.0000%1h0.02499−0.165%$12K$359K5xas long as short
Perpl MON0.0000%43m0.02502−0.057%$107K$2.3M10xas long as short
Orderly PERP_MON_USDC+0.0071%4h0.02501−0.085%$16K$41K10xas long as short
Variational Omni MON+0.0079%8h0.02498−0.223%$740K$407Kas long as short
Paradex MON-USD-PERP+0.0088%8h0.02501−0.083%$8K$425xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter MON+0.0096%1h0.02503−0.005%$843K$747K10xas long as short
Nado MON-PERP+0.0100%1h0.02502−0.036%$429K$560K10xas long as short
Hyperliquid MON+0.0100%1h0.02503+0.011%$33.8M$7.5M5xas long as short
Aster MONUSDTlong+0.0100%4h0.02503long leg$100K$222K10x
dYdX MON-USD+0.0100%1h0.02502−0.035%$13K5xas long as short
Pacifica MON+0.0100%1h0.02503−0.005%$138K$93K3xas long as short
Binance MONUSDT+0.0100%4h0.02502−0.065%$23.8M$26.7M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02500−0.125%$4.2M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02495−0.314%$102K$5K10xas long as short
Gate MON_USDT+0.0100%4h0.02502−0.045%$948K$983K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02503−0.005%$2.8M$752K75xas long as short
Bitget MONUSDT+0.0100%4h0.02504+0.035%$2.7M$2.1M25xas long as short
edgeX MONUSDC+0.0100%4h0.02500−0.137%$41K$249K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02501−0.104%$559K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02501−0.085%$67K$507K50xas long as short
SoDEX MON-USD+0.0100%1h0.02500−0.125%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02504+0.038%$48K$521K10xas long as short
Aevo MON-PERP+0.0104%1h0.02501−0.101%$38K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02501−0.069%$9K50xas long as short
Aftermath Perps MONUSD+0.0267%1h0.02504+0.054%$2K$74K10xas long as short
BloFin MON-USDTshort+0.0340%4h0.02499−0.165%$1.3M$337K75x
Coinbase International MON-PERP-INTX+0.0408%1h0.02514+0.414%$110K$57K50xas long as short
Kraken Futures PF_MONUSD+0.0544%1h0.02504+0.034%$269K$116K10xas long as short