Funding arb · Price arb /

MON

all MON markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against Aster+0.043%7-day average −0.033% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$105as in the Price arb table

costs, in and out, $10k−$1131.126% of the position

Long on Aster Short on Gate

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)−0.005%−$1 on $10k

Price spread, last 4 days (all we have)−0.163%−$16 · spread now +0.043%, 7d avg −0.033%

Together, before fees−0.168%+ Points / potential airdropAster: Stage 5 · farm board−$17 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 0.076% dearer against Aster than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.033%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster MONUSDT	0.02487	0.0100	pay 0.0050% / 4h	2h 21m	$98K	$221K	10x
Short	Gate MON_USDT	0.02488	0.0100	get 0.0050% / 4h	2h 21m	$930K	$1.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee AsterbpFee GatebpOrdersPrice spread, now +0.043%Rate

Funding earned: $0
Price spread: +0.043% → −0.033%: $7.59
Slippage, 4 orders: −$89.62
Fee Aster: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$105.03
Costs to cover: 1.126%
Break-even: never at this rate

Slippage from Aster: live order book, 25 min ago; Gate: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 25 min ago	14.04 bp	37.4 bp −$37	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 1 min ago	6.03 bp	22.4 bp −$22	343.3 bp −$3,433	doesn't fit	doesn't fit

MON on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Backpack MON_USDC_PERP	−0.0128%	1h	0.02489	+0.095%	$115K	$154K	10x	as long as short
Bybit MONUSDT	−0.0023%	8h	0.02489	+0.075%	$20.4M	$13.7M	50x	as long as short
01 Exchange MONUSD	0.0000%	1h	0.02493	+0.256%	$6K	$1K	5x	as long as short
Phoenix MON	0.0000%	1h	0.02477	−0.396%	$12K	$355K	5x	as long as short
Deribit MON_USDC-PERPETUAL	0.0000%	1h	0.02489	+0.083%	$73K	$135K	25x	as long as short
Injective MON/USDC PERP	+0.0039%	1h	0.02489	+0.083%	$5K	$113	5.5x	as long as short
Orderly PERP_MON_USDC	+0.0083%	4h	0.02488	+0.043%	$16K	$48K	10x	as long as short
Lighter MON	+0.0096%	1h	0.02488	+0.043%	$813K	$765K	10x	as long as short
Paradex MON-USD-PERP	+0.0099%	8h	0.02489	+0.090%	$7K	$42	5x	as long as short
Nado MON-PERP	+0.0100%	1h	0.02495	+0.320%	$409K	$571K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid MON	+0.0100%	1h	0.02491	+0.147%	$33.4M	$7.6M	5x	as long as short
Aster MONUSDTlong	+0.0100%	4h	0.02487	long leg	$98K	$221K	10x
dYdX MON-USD	+0.0100%	1h	0.02485	−0.068%	$12K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02489	+0.095%	$137K	$92K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02487	+0.003%	$23.6M	$27.4M	75x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02489	+0.083%	$4.1M	$6.1M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02479	−0.299%	$102K	$1K	10x	as long as short
Gate MON_USDTshort	+0.0100%	4h	0.02488	+0.043%	$930K	$1.0M	50x
KuCoin MONUSDTM	+0.0100%	4h	0.02486	−0.038%	$2.9M	$764K	75x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02490	+0.123%	$2.7M	$2.2M	25x	as long as short
Variational Omni MON	+0.0100%	8h	0.02467	−0.798%	$729K	$407K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02475	−0.487%	$41K	$250K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02477	−0.401%	$550K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02476	−0.440%	$67K	$529K	50x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02488	+0.043%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02490	+0.140%	$47K	$283K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02489	+0.063%	$38K	—	3x	as long as short
Aftermath Perps MONUSD	+0.0153%	1h	0.02479	−0.319%	$5K	$81K	10x	as long as short
GMX MON/USD [ETH-USDC]	L +0.0230% / S −0.0246%	1h	0.02489	+0.099%	$6K	—	50x	as long as short
BloFin MON-USDT	+0.0340%	4h	0.02487	+0.003%	$1.3M	$348K	75x	as long as short
Perpl MON	+0.0447%	43m	0.02494	+0.284%	$114K	$2.2M	10x	as long as short
Coinbase International MON-PERP-INTX	+0.0456%	1h	0.02530	+1.732%	$110K	$54K	50x	as long as short
Kraken Futures PF_MONUSD	+0.1022%	1h	0.02490	+0.123%	$267K	$119K	10x	as long as short