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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Binance+0.096%7-day average +0.112% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$820.817% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.015%+$1 on $10k
Price spread, last 4 days (all we have)+0.061%+$6 · spread now +0.096%, 7d avg +0.112%
Together, before fees+0.076%+ Points / potential airdropExtended: Active · farm board+$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MONUSDT0.025920.0100pay 0.0050% / 4h2h 12m$24.6M$24.6M75x
ShortExtended MON-USD0.025950.0104get 0.0013% / 1h12m 01s$52K$407K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Binance. 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
$0.84
Price spread: +0.096% → +0.112%
−$1.61
Slippage, 4 orders
−$66.69
Fee Binance: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$82.45
Costs to cover
0.817%
Break-even
694.1 days
Slippage from Binance: live order book, 14 min ago; Extended: live order book, 11 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 Binance live order book, 14 min ago1.93 bp13.3 bp −$1349.3 bp −$493493.3 bp −$49.3Kdoesn't fit
Sell Extended live order book, 11 min ago3.85 bp25.5 bp −$25205.2 bp −$2,052doesn'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
Injective MON/USDC PERP−0.0739%1h0.02599+0.266%$6K$1105.5xas long as short
01 Exchange MONUSD−0.0232%1h0.02591−0.051%$6K$1K5xas long as short
Deribit MON_USDC-PERPETUAL−0.0097%1h0.02594+0.092%$63K$110K25xas long as short
Bybit MONUSDT−0.0003%8h0.02589−0.120%$21.6M$11.8M50xas long as short
Phoenix MON0.0000%1h0.02599+0.258%$14K$384K5xas long as short
Orderly PERP_MON_USDC+0.0090%4h0.02593+0.034%$17K$64K10xas long as short
Paradex MON-USD-PERP+0.0095%8h0.02593+0.021%$8K$425xas long as short
Lighter MON+0.0096%1h0.02595+0.111%$852K$758K10xas long as short
Nado MON-PERP+0.0100%1h0.02597+0.183%$383K$533K10xas long as short
Hyperliquid MON+0.0100%1h0.02596+0.138%$35.0M$7.5M5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MONUSDT+0.0100%4h0.02595+0.095%$108K$233K10xas long as short
dYdX MON-USD+0.0100%1h0.02598+0.243%$13K5xas long as short
Pacifica MON+0.0100%1h0.02595+0.111%$143K$106K3xas long as short
Binance MONUSDTlong+0.0100%4h0.02592long leg$24.6M$24.6M75x
OKX MON-USDT-SWAP+0.0100%4h0.02590−0.081%$4.4M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02602+0.382%$109K$3K10xas long as short
Gate MON_USDT+0.0100%4h0.02596+0.150%$1.0M$935K50xas long as short
Bitget MONUSDT+0.0100%4h0.02595+0.111%$2.8M$1.8M25xas long as short
Variational Omni MON+0.0100%8h0.02596+0.165%$782K$412Kas long as short
edgeX MONUSDC+0.0100%4h0.02600+0.317%$48K$244K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02598+0.237%$585K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02600+0.304%$69K$480K50xas long as short
SoDEX MON-USD+0.0100%1h0.02593+0.034%$5K$6K5xas long as short
Extended MON-USDshort+0.0104%1h0.02595+0.096%$52K$407K10x
Aevo MON-PERP+0.0104%1h0.02593+0.015%$39K3xas long as short
BloFin MON-USDT+0.0125%4h0.02599+0.266%$1.4M$246K75xas long as short
Aftermath Perps MONUSD+0.0130%1h0.02598+0.231%$2K$73K10xas long as short
Kraken Futures PF_MONUSD+0.0131%1h0.02598+0.225%$268K$67K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0261% / S −0.0598%1h0.02594+0.088%$9K50xas long as short
Backpack MON_USDC_PERP+0.0302%1h0.02594+0.084%$138K$137K10xas long as short
KuCoin MONUSDTM+0.0382%4h0.02602+0.382%$3.2M$747K75xas long as short
Perpl MON+0.0447%43m0.02594+0.069%$145K$1.8M10xas long as short
Coinbase International MON-PERP-INTX+0.0648%1h0.02607+0.563%$114K$50K50xas long as short