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

MON

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bitget against Bulk+0.393%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$860.864% 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 4 days (all we have)−0.261%−$26 · spread now +0.393%, 7d avg +0.058%
Together, before fees−0.262%−$26 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: Bitget is 0.335% dearer against Bulk than usual: you sell high and buy low, +$33 on $10k if it goes back to its 7-day average of +0.058%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk MON-USD0.025550.0100pay 0.0013% / 1h59m 52s$107K−$010x
ShortBitget MONUSDT0.025650.0100get 0.0050% / 4h3h 59m$2.7M$1.9M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bulk. 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: +0.393% → +0.058%
$33.5
Slippage, 4 orders
−$67.43
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$52.93
Costs to cover
0.864%
Break-even
never at this rate
Slippage from Bulk: live order book, 14 min ago; Bitget: 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 Bulk live order book, 14 min ago19.57 bp23.1 bp −$2371.9 bp −$719610.1 bp −$61.0Kdoesn't fit
Sell Bitget live order book, 8 min ago7.82 bp26.5 bp −$2664.6 bp −$646doesn'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−0.0121%1h0.02559+0.158%$6K$1095.5xas long as short
01 Exchange MONUSD−0.0096%1h0.02565+0.397%$6K$1K5xas long as short
Bybit MONUSDT−0.0033%8h0.02559+0.174%$21.1M$12.1M50xas long as short
Phoenix MON0.0000%1h0.02565+0.381%$13K$360K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02564+0.346%$69K$119K25xas long as short
Orderly PERP_MON_USDC+0.0070%4h0.02563+0.315%$17K$64K10xas long as short
Lighter MON+0.0096%1h0.02565+0.393%$852K$794K10xas long as short
Paradex MON-USD-PERP+0.0097%8h0.02565+0.374%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02566+0.430%$391K$541K10xas long as short
Hyperliquid MON+0.0100%1h0.02565+0.405%$34.7M$7.6M5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MONUSDT+0.0100%4h0.02565+0.383%$107K$231K10xas long as short
dYdX MON-USD+0.0100%1h0.02564+0.341%$13K5xas long as short
Pacifica MON+0.0100%1h0.02565+0.393%$141K$104K3xas long as short
Binance MONUSDT+0.0100%4h0.02562+0.264%$24.5M$25.5M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02559+0.158%$4.3M$5.9M50xas long as short
Bulk MON-USDlong+0.0100%1h0.02555long leg$107K−$010x
Gate MON_USDT+0.0100%4h0.02564+0.354%$979K$914K50xas long as short
Bitget MONUSDTshort+0.0100%4h0.02565+0.393%$2.7M$1.9M25x
Backpack MON_USDC_PERP+0.0100%1h0.02564+0.361%$127K$141K10xas long as short
Variational Omni MON+0.0100%8h0.02560+0.184%$773K$407Kas long as short
edgeX MONUSDC+0.0100%4h0.02563+0.301%$47K$244K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02558+0.119%$579K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02563+0.315%$68K$482K50xas long as short
SoDEX MON-USD+0.0100%1h0.02564+0.354%$5K$6K5xas long as short
Aftermath Perps MONUSD+0.0100%1h0.02562+0.258%$3K$75K10xas long as short
Extended MON-USD+0.0104%1h0.02566+0.415%$51K$407K10xas long as short
Aevo MON-PERP+0.0104%1h0.02564+0.334%$39K3xas long as short
KuCoin MONUSDTM+0.0250%4h0.02566+0.432%$3.0M$719K75xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0598%1h0.02564+0.342%$8K50xas long as short
BloFin MON-USDT+0.0340%4h0.02562+0.275%$1.3M$307K75xas long as short
Kraken Futures PF_MONUSD+0.0421%1h0.02567+0.452%$270K$78K10xas long as short
Perpl MON+0.0447%43m0.02565+0.373%$125K$1.8M10xas long as short
Coinbase International MON-PERP-INTX+0.0480%1h0.02609+2.111%$115K$50K50xas long as short