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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0001%/8h= −0.2% APRpaid last 24h 0.000%
Price spread now: Paradex against Binance−0.121%7-day average · you buy dearer than you sell
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.121% cheaper against Binance than usual: you would sell low and buy high, −$12 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MONUSDT0.025290.0100pay 0.0050% / 4h1h 54m$24.1M$25.9M75x
ShortParadex MON-USD-PERP0.025260.0099get 0.0099% / 8h5h 54m$8K$425x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$0.3
Price spread: −0.121% → 0.000%
−$12.12
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$26.42
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 2 min ago; Paradex: 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 Binance live order book, 2 min ago1.98 bp16.0 bp −$1651.2 bp −$512485.2 bp −$48.5Kdoesn't fit
Sell Paradex no order-book sample
Paradex: 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 32 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−0.0253%1h0.02531+0.079%$5K$1065.5xas long as short
Bybit MONUSDT−0.0064%8h0.02527−0.079%$20.8M$12.8M50xas long as short
Backpack MON_USDC_PERP−0.0053%1h0.02531+0.091%$118K$148K10xas long as short
Phoenix MON0.0000%1h0.02527−0.063%$13K$367K5xas long as short
Deribit MON_USDC-PERPETUAL+0.0026%1h0.02533+0.138%$68K$125K25xas long as short
01 Exchange MONUSD+0.0032%1h0.02530+0.028%$6K$1K5xas long as short
Orderly PERP_MON_USDC+0.0077%4h0.02530+0.040%$16K$51K10xas long as short
Lighter MON+0.0096%1h0.02530+0.040%$843K$738K10xas long as short
Paradex MON-USD-PERPshort+0.0099%8h0.02526−0.121%$8K$425x
Nado MON-PERP+0.0100%1h0.02530+0.049%$405K$539K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MON+0.0100%1h0.02531+0.075%$34.3M$7.4M5xas long as short
Aster MONUSDT+0.0100%4h0.02531+0.085%$101K$229K10xas long as short
dYdX MON-USD+0.0100%1h0.02530+0.032%$13K5xas long as short
Pacifica MON+0.0100%1h0.025290.000%$140K$93K3xas long as short
Binance MONUSDTlong+0.0100%4h0.02529long leg$24.1M$25.9M75x
OKX MON-USDT-SWAP+0.0100%4h0.025290.000%$4.2M$5.8M50xas long as short
Bulk MON-USD+0.0100%1h0.02530+0.040%$105K$4K10xas long as short
Gate MON_USDT+0.0100%4h0.025290.000%$941K$908K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.025290.000%$2.9M$741K75xas long as short
Bitget MONUSDT+0.0100%4h0.02531+0.079%$2.7M$2.0M25xas long as short
Variational Omni MON+0.0100%8h0.02538+0.359%$750K$404Kas long as short
edgeX MONUSDC+0.0100%4h0.02523−0.231%$43K$247K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02527−0.089%$565K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02524−0.198%$68K$498K50xas long as short
SoDEX MON-USD+0.0100%1h0.02531+0.079%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02533+0.139%$48K$518K10xas long as short
Aevo MON-PERP+0.0104%1h0.02532+0.119%$38K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02530+0.040%$9K50xas long as short
Aftermath Perps MONUSD+0.0323%1h0.02532+0.128%$2K$74K10xas long as short
Perpl MON+0.0447%43m0.02531+0.087%$105K$2.3M10xas long as short
Kraken Futures PF_MONUSD+0.0491%1h0.02533+0.166%$267K$97K10xas long as short
Coinbase International MON-PERP-INTX+0.0536%1h0.02535+0.221%$111K$51K50xas long as short