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: edgeX against Bulk+0.030%56s7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1071.075% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.364%+$36 · spread now +0.030%, 7d avg −0.018%
Together, before fees+0.362%+ Points / potential airdropedgeX: Active · farm board+$36 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: edgeX is 0.048% dearer against Bulk than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.018%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk MON-USD0.025050.0100pay 0.0013% / 1h24m 29s$103K$5K10x
ShortedgeX MONUSDC0.025060.0100get 0.0050% / 4h24m 29s$41K$249K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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: +0.030% → −0.018%
$4.79
Slippage, 4 orders
−$91.5
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$102.71
Costs to cover
1.075%
Break-even
never at this rate
Slippage from Bulk: live order book, 34 min ago; edgeX: live order book, 33 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, 34 min ago19.80 bp23.3 bp −$2332.8 bp −$328180.9 bp −$18.1Kdoesn't fit
Sell edgeX live order book, 33 min ago7.95 bp19.0 bp −$19doesn'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
01 Exchange MONUSD−0.0272%1h0.02504−0.019%$6K$1K5xas long as short
Backpack MON_USDC_PERP−0.0205%1h0.02505+0.009%$113K$151K10xas long as short
Injective MON/USDC PERP−0.0176%1h0.02498−0.274%$5K$1125.5xas long as short
Bybit MONUSDT−0.0151%8h0.02502−0.114%$20.6M$13.3M50xas long as short
Phoenix MON0.0000%1h0.02515+0.389%$12K$359K5xas long as short
Perpl MON0.0000%43m0.02505+0.009%$107K$2.3M10xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02506+0.037%$74K$136K25xas long as short
Orderly PERP_MON_USDC+0.0071%4h0.02505+0.005%$16K$41K10xas long as short
Variational Omni MON+0.0077%8h0.02502−0.133%$740K$409Kas long as short
Paradex MON-USD-PERP+0.0092%8h0.02504−0.037%$8K$425xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter MON+0.0096%1h0.02506+0.045%$843K$749K10xas long as short
Nado MON-PERP+0.0100%1h0.02507+0.074%$425K$574K10xas long as short
Hyperliquid MON+0.0100%1h0.02506+0.057%$33.8M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02507+0.070%$101K$222K10xas long as short
dYdX MON-USD+0.0100%1h0.02508+0.109%$13K5xas long as short
Pacifica MON+0.0100%1h0.02506+0.045%$138K$93K3xas long as short
Binance MONUSDT+0.0100%4h0.02505+0.005%$23.8M$26.9M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02504−0.035%$4.2M$6.0M50xas long as short
Bulk MON-USDlong+0.0100%1h0.02505long leg$103K$5K10x
Gate MON_USDT+0.0100%4h0.02505+0.005%$939K$993K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02508+0.125%$2.8M$757K75xas long as short
Bitget MONUSDT+0.0100%4h0.02507+0.085%$2.7M$2.2M25xas long as short
edgeX MONUSDCshort+0.0100%4h0.02506+0.030%$41K$249K10x
GRVT MON_USDT_Perp+0.0100%4h0.02508+0.117%$562K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02506+0.045%$67K$510K50xas long as short
SoDEX MON-USD+0.0100%1h0.02505+0.005%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02506+0.048%$48K$517K10xas long as short
Aevo MON-PERP+0.0104%1h0.02504−0.055%$38K3xas long as short
Aftermath Perps MONUSD+0.0244%1h0.02506+0.060%$2K$74K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02504−0.043%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02509+0.165%$1.3M$338K75xas long as short
Coinbase International MON-PERP-INTX+0.0408%1h0.02528+0.936%$110K$57K50xas long as short
Kraken Futures PF_MONUSD+0.0543%1h0.02508+0.113%$269K$114K10xas long as short