Funding arb · Price arb /

MON

all MON markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0116%/8h= +12.7% APRpaid last 24h +0.034%

Price spread now: 01 Exchange against Aster−0.068%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aster Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding pays, the price is against you. 01 Exchange is 0.068% cheaper against Aster than usual: you would sell low and buy high (spread −0.068% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 47 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster MONUSDT	0.02526	0.0100	pay 0.0050% / 4h	3h 28m	$101K	$222K	10x
Short	01 Exchange MONUSD	0.02525	0.0216	get 0.0027% / 1h	28m 28s	$6K	$1K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now −0.068%Rate

Funding earned: $24.36
Price spread: −0.068% → 0.000%: −$6.79
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $2.57
Costs to cover: 0.150%
Break-even: 6.3 days

Slippage unknown: Aster: live order book, 23 min ago; 01 Exchange: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 23 min ago	15.82 bp	52.7 bp −$53	doesn't fit	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective MON/USDC PERP	−0.0203%	1h	0.02523	−0.131%	$5K	$112	5.5x	as long as short
Bybit MONUSDT	−0.0008%	8h	0.02525	−0.068%	$20.8M	$13.4M	50x	as long as short
Phoenix MON	0.0000%	1h	0.02525	−0.040%	$12K	$358K	5x	as long as short
Orderly PERP_MON_USDC	+0.0073%	4h	0.02524	−0.092%	$16K	$48K	10x	as long as short
Backpack MON_USDC_PERP	+0.0091%	1h	0.02525	−0.056%	$112K	$150K	10x	as long as short
Lighter MON	+0.0096%	1h	0.02526	−0.012%	$847K	$732K	10x	as long as short
Paradex MON-USD-PERP	+0.0099%	8h	0.02526	−0.010%	$8K	$42	5x	as long as short
Nado MON-PERP	+0.0100%	1h	0.02529	+0.121%	$413K	$585K	10x	as long as short
Hyperliquid MON	+0.0100%	1h	0.02528	+0.063%	$34.0M	$7.5M	5x	as long as short
Aster MONUSDTlong	+0.0100%	4h	0.02526	long leg	$101K	$222K	10x

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX MON-USD	+0.0100%	1h	0.02524	−0.088%	$13K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02524	−0.080%	$139K	$93K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02526	−0.012%	$24.0M	$26.9M	75x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02525	−0.052%	$4.2M	$6.1M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02520	−0.250%	$103K	$2K	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02526	−0.012%	$944K	$982K	50x	as long as short
KuCoin MONUSDTM	+0.0100%	4h	0.02526	−0.012%	$2.9M	$761K	75x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02527	+0.027%	$2.7M	$2.2M	25x	as long as short
Variational Omni MON	+0.0100%	8h	0.02525	−0.070%	$747K	$408K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02522	−0.177%	$41K	$251K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02527	+0.025%	$569K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02526	−0.012%	$69K	$520K	50x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02524	−0.092%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02527	+0.012%	$48K	$519K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02524	−0.111%	$38K	—	3x	as long as short
Deribit MON_USDC-PERPETUAL	+0.0107%	1h	0.02525	−0.064%	$74K	$136K	25x	as long as short
01 Exchange MONUSDshort	+0.0216%	1h	0.02525	−0.068%	$6K	$1K	5x
GMX MON/USD [ETH-USDC]	L +0.0260% / S −0.0429%	1h	0.02523	−0.119%	$9K	—	50x	as long as short
BloFin MON-USDT	+0.0340%	4h	0.02523	−0.131%	$1.3M	$336K	75x	as long as short
Aftermath Perps MONUSD	+0.0351%	1h	0.02524	−0.107%	$2K	$74K	10x	as long as short
Coinbase International MON-PERP-INTX	+0.0368%	1h	0.02530	+0.146%	$110K	$57K	50x	as long as short
Perpl MON	+0.0447%	43m	0.02528	+0.059%	$115K	$2.2M	10x	as long as short
Kraken Futures PF_MONUSD	+0.0722%	1h	0.02527	+0.037%	$271K	$113K	10x	as long as short