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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0022%/8h= −2.4% APRnext payment $0.11 per $10,000 · paid last 24h −0.007%
Price spread now: Orderly against Bitget+0.040%7-day average · you sell dearer than you buy
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 7 days−0.033%−$3 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Orderly is 0.040% dearer against Bitget than usual: you sell high and buy low (spread +0.040% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MONUSDT0.024960.0100pay 0.0050% / 4h3h 02m$2.7M$2.2M25x
ShortOrderly PERP_MON_USDC0.024970.0078get 0.0039% / 4h3h 02m$16K$48K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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

Funding earned
−$4.59
Price spread: +0.040% → 0.000%
$4.01
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$18.58
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 5 min ago; Orderly: 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 Bitget live order book, 5 min ago5.99 bp15.0 bp −$1551.4 bp −$514doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective MON/USDC PERP−0.0203%1h0.02515+0.761%$5K$1145.5xas long as short
Phoenix MON0.0000%1h0.02503+0.272%$12K$358K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02496+0.012%$73K$136K25xas long as short
Bybit MONUSDT+0.0006%8h0.02493−0.120%$20.5M$13.5M50xas long as short
Backpack MON_USDC_PERP+0.0013%1h0.02497+0.020%$110K$153K10xas long as short
Orderly PERP_MON_USDCshort+0.0078%4h0.02497+0.040%$16K$48K10x
Lighter MON+0.0096%1h0.024960.000%$837K$733K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02495−0.025%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02497+0.036%$403K$586K10xas long as short
Hyperliquid MON+0.0100%1h0.02495−0.024%$33.6M$7.5M5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MONUSDT+0.0100%4h0.02496+0.004%$100K$218K10xas long as short
dYdX MON-USD+0.0100%1h0.02497+0.052%$12K5xas long as short
Pacifica MON+0.0100%1h0.02498+0.060%$138K$92K3xas long as short
Binance MONUSDT+0.0100%4h0.02494−0.080%$23.7M$27.0M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02494−0.080%$4.2M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02510+0.565%$103K$1K10xas long as short
Gate MON_USDT+0.0100%4h0.02495−0.040%$932K$992K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02500+0.160%$2.9M$763K75xas long as short
Bitget MONUSDTlong+0.0100%4h0.02496long leg$2.7M$2.2M25x
Variational Omni MON+0.0100%8h0.02500+0.163%$741K$403Kas long as short
edgeX MONUSDC+0.0100%4h0.02500+0.145%$41K$251K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02502+0.241%$563K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02502+0.240%$68K$522K50xas long as short
SoDEX MON-USD+0.0100%1h0.02495−0.040%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02495−0.022%$51K$280K10xas long as short
Aevo MON-PERP+0.0104%1h0.02496−0.020%$38K3xas long as short
01 Exchange MONUSD+0.0200%1h0.02497+0.048%$6K$1K5xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02496−0.020%$9K50xas long as short
Aftermath Perps MONUSD+0.0285%1h0.02503+0.288%$2K$78K10xas long as short
BloFin MON-USDT+0.0340%4h0.02499+0.120%$1.3M$337K75xas long as short
Coinbase International MON-PERP-INTX+0.0368%1h0.02530+1.362%$110K$57K50xas long as short
Perpl MON+0.0447%43m0.02499+0.100%$113K$2.2M10xas long as short
Kraken Futures PF_MONUSD+0.0730%1h0.02499+0.107%$268K$113K10xas long as short