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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bulk against Aster+0.115%7-day average −0.040% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1181.175% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.824%−$82 · spread now +0.115%, 7d avg −0.040%
Together, before fees−0.824%+ Points / potential airdropAster: Stage 5 · farm board−$82 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: Bulk is 0.155% dearer against Aster than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.040%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MONUSDT0.025270.0100pay 0.0050% / 4h1h 38m$101K$229K10x
ShortBulk MON-USD0.025300.0100get 0.0013% / 1h38m 08s$105K$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk 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
$0
Price spread: +0.115% → −0.040%
$15.47
Slippage, 4 orders
−$102.5
Fee Aster: 4 bp × 2 orders
−$8
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$102.03
Costs to cover
1.175%
Break-even
never at this rate
Slippage from Aster: live order book, 23 min ago; Bulk: live order book, 26 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, 23 min ago13.80 bp38.5 bp −$39doesn't fitdoesn't fitdoesn't fit
Sell Bulk live order book, 26 min ago19.72 bp23.2 bp −$2339.8 bp −$398112.9 bp −$11.3K701.6 bp −$350.8K

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 MON−0.0316%1h0.02528+0.051%$13K$367K5xas long as short
Backpack MON_USDC_PERP−0.0285%1h0.02526−0.028%$114K$151K10xas long as short
Injective MON/USDC PERP−0.0253%1h0.02531+0.154%$5K$1065.5xas long as short
Bybit MONUSDT−0.0146%8h0.02522−0.202%$20.7M$12.9M50xas long as short
01 Exchange MONUSD−0.0040%1h0.02529+0.091%$6K$1K5xas long as short
Perpl MON0.0000%43m0.02530+0.111%$106K$2.3M10xas long as short
Orderly PERP_MON_USDC+0.0078%4h0.02527−0.004%$16K$51K10xas long as short
Lighter MON+0.0096%1h0.02529+0.075%$843K$738K10xas long as short
Paradex MON-USD-PERP+0.0099%8h0.02526−0.038%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02528+0.021%$407K$540K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MON+0.0100%1h0.02528+0.024%$34.2M$7.4M5xas long as short
Aster MONUSDTlong+0.0100%4h0.02527long leg$101K$229K10x
dYdX MON-USD+0.0100%1h0.02527−0.012%$13K5xas long as short
Pacifica MON+0.0100%1h0.02528+0.051%$140K$93K3xas long as short
Binance MONUSDT+0.0100%4h0.02527+0.003%$24.1M$26.1M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02524−0.123%$4.2M$5.8M50xas long as short
Bulk MON-USDshort+0.0100%1h0.02530+0.115%$105K$4K10x
Gate MON_USDT+0.0100%4h0.02525−0.083%$944K$917K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02530+0.115%$2.9M$742K75xas long as short
Bitget MONUSDT+0.0100%4h0.02527−0.004%$2.7M$2.0M25xas long as short
Variational Omni MON+0.0100%8h0.02524−0.142%$750K$405Kas long as short
edgeX MONUSDC+0.0100%4h0.02528+0.045%$43K$247K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02537+0.397%$568K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02537+0.392%$68K$501K50xas long as short
SoDEX MON-USD+0.0100%1h0.02527−0.004%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02527−0.006%$50K$521K10xas long as short
Aevo MON-PERP+0.0104%1h0.02527−0.004%$38K3xas long as short
Deribit MON_USDC-PERPETUAL+0.0106%1h0.02529+0.063%$68K$125K25xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02527+0.008%$9K50xas long as short
Aftermath Perps MONUSD+0.0265%1h0.02531+0.155%$2K$74K10xas long as short
BloFin MON-USDT+0.0340%4h0.02526−0.044%$1.3M$307K75xas long as short
Kraken Futures PF_MONUSD+0.0492%1h0.02527+0.001%$269K$100K10xas long as short
Coinbase International MON-PERP-INTX+0.0536%1h0.02542+0.582%$111K$52K50xas long as short