Funding arb · Price arb /

MON

all MON markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Aster against Bitget−0.070%7-day average −0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$108as in the Price arb table

costs, in and out, $10k−$1021.019% of the position

Long on Bitget Short on Aster

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.169%+$17 · spread now −0.070%, 7d avg −0.004%

Together, before fees+0.169%+ Points / potential airdropAster: Stage 5 · 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: Aster is 0.065% cheaper against Bitget than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget MONUSDT	0.02478	0.0100	pay 0.0050% / 4h	2h 23m	$2.7M	$2.2M	25x
Short	Aster MONUSDT	0.02476	0.0100	get 0.0050% / 4h	2h 23m	$98K	$221K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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 BitgetbpFee AsterbpOrdersPrice spread, now −0.070%Rate

Funding earned: $0
Price spread: −0.070% → −0.004%: −$6.54
Slippage, 4 orders: −$81.88
Fee Bitget: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$108.42
Costs to cover: 1.019%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; Aster: live order book, 23 min ago.

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 Bitget live order book, 4 min ago	8.10 bp	14.2 bp −$14	42.5 bp −$425	doesn't fit	doesn't fit
Sell Aster live order book, 23 min ago	14.04 bp	28.4 bp −$28	doesn't fit	doesn't fit	doesn't fit

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
Backpack MON_USDC_PERP	−0.0154%	1h	0.02479	+0.052%	$115K	$154K	10x	as long as short
Bybit MONUSDT	−0.0018%	8h	0.02475	−0.121%	$20.3M	$13.6M	50x	as long as short
01 Exchange MONUSD	0.0000%	1h	0.02478	−0.004%	$6K	$1K	5x	as long as short
Phoenix MON	0.0000%	1h	0.02469	−0.379%	$12K	$355K	5x	as long as short
Deribit MON_USDC-PERPETUAL	0.0000%	1h	0.02479	+0.052%	$73K	$135K	25x	as long as short
Injective MON/USDC PERP	+0.0039%	1h	0.02489	+0.444%	$5K	$113	5.5x	as long as short
Orderly PERP_MON_USDC	+0.0083%	4h	0.02479	+0.040%	$16K	$48K	10x	as long as short
Lighter MON	+0.0096%	1h	0.02479	+0.040%	$810K	$764K	10x	as long as short
Paradex MON-USD-PERP	+0.0099%	8h	0.02477	−0.054%	$7K	$42	5x	as long as short
Nado MON-PERP	+0.0100%	1h	0.02477	−0.032%	$407K	$570K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid MON	+0.0100%	1h	0.02478	−0.004%	$33.2M	$7.6M	5x	as long as short
Aster MONUSDTshort	+0.0100%	4h	0.02476	−0.070%	$98K	$221K	10x
dYdX MON-USD	+0.0100%	1h	0.02476	−0.079%	$12K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02476	−0.081%	$137K	$92K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02477	−0.039%	$23.5M	$27.4M	75x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02476	−0.081%	$4.1M	$6.0M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02475	−0.121%	$102K	$1K	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02476	−0.081%	$925K	$1.0M	50x	as long as short
KuCoin MONUSDTM	+0.0100%	4h	0.02480	+0.081%	$2.8M	$764K	75x	as long as short
Bitget MONUSDTlong	+0.0100%	4h	0.02478	long leg	$2.7M	$2.2M	25x
Variational Omni MON	+0.0100%	8h	0.02467	−0.440%	$729K	$407K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02467	−0.444%	$41K	$250K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02477	−0.040%	$557K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02469	−0.363%	$67K	$528K	50x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02479	+0.040%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02477	−0.052%	$47K	$283K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02477	−0.020%	$38K	—	3x	as long as short
Aftermath Perps MONUSD	+0.0185%	1h	0.02476	−0.082%	$5K	$81K	10x	as long as short
GMX MON/USD [ETH-USDC]	L +0.0230% / S −0.0246%	1h	0.02479	+0.048%	$6K	—	50x	as long as short
BloFin MON-USDT	+0.0340%	4h	0.02477	−0.040%	$1.3M	$347K	75x	as long as short
Perpl MON	+0.0447%	43m	0.02479	+0.028%	$113K	$2.2M	10x	as long as short
Coinbase International MON-PERP-INTX	+0.0456%	1h	0.02530	+2.098%	$110K	$54K	50x	as long as short
Kraken Futures PF_MONUSD	+0.1026%	1h	0.02481	+0.130%	$267K	$119K	10x	as long as short