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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Pacifica against Bitget+0.080%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$960.960% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.042%+$4 on $10k
Price spread, last 4 days (all we have)+0.146%+$15 · spread now +0.080%, 7d avg −0.010%
Together, before fees+0.188%+ Points / potential airdropPacifica: Active · farm board+$19 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: Pacifica is 0.090% dearer against Bitget than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MONUSDT0.025030.0100pay 0.0050% / 4h49m 17s$2.7M$2.1M25x
ShortPacifica MON0.025050.0100get 0.0013% / 1h49m 17s$138K$93K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$0
Price spread: +0.080% → −0.010%
$9.03
Slippage, 4 orders
−$76.01
Fee Bitget: 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$86.98
Costs to cover
0.960%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; Pacifica: live order book, 8 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 Bitget live order book, 3 min ago5.97 bp21.8 bp −$2250.3 bp −$503doesn't fitdoesn't fit
Sell Pacifica live order book, 8 min ago5.97 bp36.7 bp −$37doesn'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
Deribit MON_USDC-PERPETUAL−0.0509%1h0.02501−0.060%$74K$134K25xas long as short
01 Exchange MONUSD−0.0448%1h0.02497−0.224%$6K$1K5xas long as short
Backpack MON_USDC_PERP−0.0426%1h0.02509+0.252%$112K$151K10xas long as short
Injective MON/USDC PERP−0.0176%1h0.02517+0.559%$5K$1095.5xas long as short
Bybit MONUSDT−0.0149%8h0.02498−0.200%$20.5M$13.2M50xas long as short
Phoenix MON0.0000%1h0.02510+0.272%$12K$359K5xas long as short
Perpl MON0.0000%43m0.02506+0.132%$107K$2.3M10xas long as short
Orderly PERP_MON_USDC+0.0075%4h0.02501−0.080%$16K$41K10xas long as short
Paradex MON-USD-PERP+0.0088%8h0.02505+0.065%$8K$425xas long as short
Variational Omni MON+0.0095%8h0.02507+0.142%$743K$407Kas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter MON+0.0096%1h0.02506+0.120%$835K$735K10xas long as short
Nado MON-PERP+0.0100%1h0.02508+0.188%$432K$556K10xas long as short
Hyperliquid MON+0.0100%1h0.02505+0.088%$33.8M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02507+0.164%$101K$222K10xas long as short
dYdX MON-USD+0.0100%1h0.02507+0.162%$13K5xas long as short
Pacifica MONshort+0.0100%1h0.02505+0.080%$138K$93K3x
Binance MONUSDT+0.0100%4h0.02502−0.055%$23.8M$26.6M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02498−0.200%$4.2M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02515+0.467%$103K$5K10xas long as short
Gate MON_USDT+0.0100%4h0.025030.000%$948K$973K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02506+0.120%$2.8M$747K75xas long as short
Bitget MONUSDTlong+0.0100%4h0.02503long leg$2.7M$2.1M25x
edgeX MONUSDC+0.0100%4h0.02514+0.450%$41K$250K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02516+0.519%$563K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02511+0.320%$68K$505K50xas long as short
SoDEX MON-USD+0.0100%1h0.02506+0.120%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02503−0.015%$52K$517K10xas long as short
Aevo MON-PERP+0.0104%1h0.02501−0.092%$38K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02505+0.088%$9K50xas long as short
Aftermath Perps MONUSD+0.0279%1h0.02515+0.465%$2K$74K10xas long as short
BloFin MON-USDT+0.0340%4h0.02511+0.320%$1.3M$325K75xas long as short
Coinbase International MON-PERP-INTX+0.0408%1h0.02514+0.419%$110K$57K50xas long as short
Kraken Futures PF_MONUSD+0.0544%1h0.02504+0.034%$268K$116K10xas long as short