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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.005%
Price spread now: Nado against Binance+0.076%7-day average +0.153% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$510.505% 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 3 days (all we have)+0.167%+$17 · spread now +0.076%, 7d avg +0.153%
Together, before fees+0.169%+ Points / potential airdropNado: Active · 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: Nado is 0.077% cheaper against Binance than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.153%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MONUSDT0.025800.0100pay 0.0050% / 4h3h 30m$24.7M$25.5M75x
ShortNado MON-PERP0.025820.0100get 0.0012% / 1h30m 01s$394K$535K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
Price spread: +0.076% → +0.153%
−$7.71
Slippage, 4 orders
−$33.52
Fee Binance: 5 bp × 2 orders
−$10
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$58.23
Costs to cover
0.505%
Break-even
never at this rate
Slippage from Binance: live order book, 11 min ago; Nado: live order book, 43 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, 11 min ago1.93 bp15.7 bp −$1651.8 bp −$518466.2 bp −$46.6Kdoesn't fit
Sell Nado live order book, 43 min ago2.15 bp9.1 bp −$9doesn'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
Injective MON/USDC PERP−0.0444%1h0.02576−0.160%$6K$1075.5xas long as short
Phoenix MON0.0000%1h0.02576−0.144%$13K$351K5xas long as short
Deribit MON_USDC-PERPETUAL+0.0021%1h0.02580−0.001%$70K$119K25xas long as short
Orderly PERP_MON_USDC+0.0068%4h0.02579−0.043%$17K$64K10xas long as short
01 Exchange MONUSD+0.0088%1h0.02578−0.078%$6K$1K5xas long as short
Lighter MON+0.0096%1h0.02582+0.073%$860K$754K10xas long as short
Paradex MON-USD-PERP+0.0098%8h0.02576−0.156%$8K$425xas long as short
Nado MON-PERPshort+0.0100%1h0.02582+0.076%$394K$535K10x
Hyperliquid MON+0.0100%1h0.02586+0.243%$35.2M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02579−0.059%$107K$231K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX MON-USD+0.0100%1h0.02579−0.061%$13K5xas long as short
Pacifica MON+0.0100%1h0.02578−0.082%$142K$104K3xas long as short
Binance MONUSDTlong+0.0100%4h0.02580long leg$24.7M$25.5M75x
Bybit MONUSDT+0.0100%8h0.02581+0.034%$21.4M$12.2M50xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02580−0.005%$4.3M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02575−0.199%$106K$2K10xas long as short
Gate MON_USDT+0.0100%4h0.02579−0.043%$980K$905K50xas long as short
Bitget MONUSDT+0.0100%4h0.02583+0.112%$2.8M$1.9M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02583+0.123%$128K$140K10xas long as short
Variational Omni MON+0.0100%8h0.02575−0.214%$778K$407Kas long as short
edgeX MONUSDC+0.0100%4h0.02578−0.090%$44K$248K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02581+0.051%$585K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02574−0.237%$69K$486K50xas long as short
SoDEX MON-USD+0.0100%1h0.02579−0.043%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02586+0.245%$49K$520K10xas long as short
Aevo MON-PERP+0.0104%1h0.02580−0.005%$39K3xas long as short
KuCoin MONUSDTM+0.0142%4h0.02580−0.005%$3.0M$725K75xas long as short
Aftermath Perps MONUSD+0.0156%1h0.02578−0.098%$4K$76K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0261% / S −0.0598%1h0.02579−0.028%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02572−0.315%$1.4M$307K75xas long as short
Perpl MON+0.0447%43m0.02577−0.129%$173K$2.0M10xas long as short
Kraken Futures PF_MONUSD+0.0463%1h0.02581+0.038%$271K$78K10xas long as short
Coinbase International MON-PERP-INTX+0.0808%1h0.02580−0.001%$113K$51K50xas long as short