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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:22 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.023%
Price spread now: Perpl against Aster+0.164%7-day average +0.020% · 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 5 days (all we have)+0.149%+$15 on $10k
Price spread, last 4 days (all we have)+0.236%+$24 · spread now +0.164%, 7d avg +0.020%
Together, before fees+0.385%+ Points / potential airdropAster: Stage 5 · Perpl: Active · farm board+$39 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Perpl is 0.144% dearer against Aster than usual: you sell high and buy low (spread +0.164% now, against its 7-day average of +0.020%): +$14 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.8 days. Mind the row above: over the last 5 days funding on this pair paid +0.149%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MONUSDT0.025340.0100pay 0.0050% / 4h1h 35m$101K$229K10x
ShortPerpl MON0.025380get 0.0000% / 43m23m 09s$105K$2.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Perpl 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
−$21
Price spread: +0.164% → +0.020%
$14.42
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Net
−$28.38
Costs to cover
0.218%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 26 min ago; Perpl: 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 Aster live order book, 26 min ago13.80 bp38.5 bp −$39doesn't fitdoesn't fitdoesn't fit
Sell Perpl no order-book sample
Perpl: 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
Phoenix MON−0.0316%1h0.02527−0.286%$13K$367K5xas long as short
Backpack MON_USDC_PERP−0.0267%1h0.02538+0.168%$114K$151K10xas long as short
Injective MON/USDC PERP−0.0253%1h0.02535+0.034%$6K$1115.5xas long as short
Bybit MONUSDT−0.0148%8h0.02534−0.006%$20.8M$12.9M50xas long as short
01 Exchange MONUSD−0.0016%1h0.02535+0.038%$6K$1K5xas long as short
Perpl MONshort0.0000%43m0.02538+0.164%$105K$2.3M10x
Deribit MON_USDC-PERPETUAL+0.0065%1h0.02539+0.188%$68K$125K25xas long as short
Orderly PERP_MON_USDC+0.0082%4h0.02537+0.113%$16K$51K10xas long as short
Lighter MON+0.0096%1h0.02540+0.231%$846K$738K10xas long as short
Paradex MON-USD-PERP+0.0099%8h0.02534−0.017%$8K$425xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado MON-PERP+0.0100%1h0.02537+0.102%$408K$540K10xas long as short
Hyperliquid MON+0.0100%1h0.02539+0.200%$34.4M$7.4M5xas long as short
Aster MONUSDTlong+0.0100%4h0.02534long leg$101K$229K10x
dYdX MON-USD+0.0100%1h0.02528−0.233%$13K5xas long as short
Pacifica MON+0.0100%1h0.02530−0.183%$140K$93K3xas long as short
Binance MONUSDT+0.0100%4h0.02538+0.136%$24.2M$26.1M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02535+0.034%$4.2M$5.8M50xas long as short
Gate MON_USDT+0.0100%4h0.02535+0.034%$955K$918K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02538+0.152%$2.9M$742K75xas long as short
Bitget MONUSDT+0.0100%4h0.02537+0.113%$2.7M$2.0M25xas long as short
Variational Omni MON+0.0100%8h0.02531−0.144%$752K$405Kas long as short
edgeX MONUSDC+0.0100%4h0.02528−0.252%$41K$250K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02529−0.194%$566K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02530−0.164%$68K$501K50xas long as short
SoDEX MON-USD+0.0100%1h0.02538+0.152%$5K$6K5xas long as short
Bulk MON-USD+0.0100%1h0.02530−0.164%$105K$4K10xas long as short
Extended MON-USD+0.0104%1h0.02540+0.229%$50K$516K10xas long as short
Aevo MON-PERP+0.0104%1h0.02538+0.148%$38K3xas long as short
Aftermath Perps MONUSD+0.0243%1h0.02532−0.087%$2K$74K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02537+0.128%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02539+0.192%$1.3M$308K75xas long as short
Kraken Futures PF_MONUSD+0.0490%1h0.02539+0.199%$270K$100K10xas long as short
Coinbase International MON-PERP-INTX+0.0536%1h0.02533−0.061%$111K$52K50xas long as short