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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.005%
Price spread now: Nado against Aster+0.048%7-day average +0.124% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1041.037% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.329%+$33 · spread now +0.048%, 7d avg +0.124%
Together, before fees+0.330%+ Points / potential airdropAster: Stage 5 · Nado: Active · farm board+$33 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: Nado is 0.076% cheaper against Aster than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.124%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MONUSDT0.025000.0100pay 0.0050% / 4h2h 52m$100K$218K10x
ShortNado MON-PERP0.025020.0100get 0.0013% / 1h52m 07s$405K$587K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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: +0.048% → +0.124%
−$7.56
Slippage, 4 orders
−$88.67
Fee Aster: 4 bp × 2 orders
−$8
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$111.22
Costs to cover
1.037%
Break-even
never at this rate
Slippage from Aster: live order book, 59 min ago; Nado: live order book, 61 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, 59 min ago15.82 bp52.7 bp −$53doesn't fitdoesn't fitdoesn't fit
Sell Nado live order book, 61 min ago0.40 bp11.2 bp −$11doesn't fitdoesn't fitdoesn'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
Phoenix MON0.0000%1h0.02497−0.136%$12K$355K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02501+0.048%$74K$136K25xas long as short
Backpack MON_USDC_PERP+0.0008%1h0.02501+0.032%$110K$153K10xas long as short
Bybit MONUSDT+0.0017%8h0.02498−0.108%$20.5M$13.5M50xas long as short
Injective MON/USDC PERP+0.0039%1h0.02496−0.172%$5K$1115.5xas long as short
Orderly PERP_MON_USDC+0.0083%4h0.02501+0.028%$16K$48K10xas long as short
Lighter MON+0.0096%1h0.02502+0.068%$839K$732K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.025000.000%$8K$425xas long as short
Hyperliquid MON+0.0100%1h0.02501+0.040%$33.6M$7.5M5xas long as short
Aster MONUSDTlong+0.0100%4h0.02500long leg$100K$218K10x
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX MON-USD+0.0100%1h0.02497−0.115%$12K5xas long as short
Pacifica MON+0.0100%1h0.02500−0.028%$138K$92K3xas long as short
Binance MONUSDT+0.0100%4h0.02500−0.022%$23.8M$27.0M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02498−0.092%$4.2M$6.1M50xas long as short
Bulk MON-USD+0.0100%1h0.02500−0.012%$103K$1K10xas long as short
Gate MON_USDT+0.0100%4h0.02500−0.012%$934K$985K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02505+0.188%$2.9M$763K75xas long as short
Bitget MONUSDT+0.0100%4h0.02500−0.012%$2.7M$2.2M25xas long as short
Variational Omni MON+0.0100%8h0.02495−0.209%$740K$403Kas long as short
edgeX MONUSDC+0.0100%4h0.02496−0.174%$41K$250K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02501+0.019%$563K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02499−0.052%$68K$522K50xas long as short
Nado MON-PERPshort+0.0100%1h0.02502+0.048%$405K$587K10x
SoDEX MON-USD+0.0100%1h0.02500−0.012%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02501+0.041%$48K$285K10xas long as short
Aevo MON-PERP+0.0104%1h0.02500−0.012%$38K3xas long as short
01 Exchange MONUSD+0.0160%1h0.02504+0.128%$6K$1K5xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02500−0.012%$9K50xas long as short
Aftermath Perps MONUSD+0.0264%1h0.02498−0.074%$2K$78K10xas long as short
BloFin MON-USDT+0.0340%4h0.02495−0.212%$1.3M$337K75xas long as short
Perpl MON+0.0447%43m0.02501+0.048%$114K$2.2M10xas long as short
Coinbase International MON-PERP-INTX+0.0456%1h0.02530+1.188%$110K$55K50xas long as short
Kraken Futures PF_MONUSD+0.1017%1h0.02504+0.129%$269K$112K10xas long as short