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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.065%
Price spread now: KuCoin against Bulk+0.200%7-day average +0.098% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$1441.441% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.065%+$7 on $10k
Price spread, last 4 days (all we have)−0.078%−$8 · spread now +0.200%, 7d avg +0.098%
Together, before fees−0.013%−$1 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: KuCoin is 0.102% dearer against Bulk than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.098%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk MON-USD0.025000.0100pay 0.0013% / 1h47m 37s$103K$1K10x
ShortKuCoin MONUSDTM0.025050.0100get 0.0050% / 4h1h 47m$2.9M$766K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.200% → +0.098%
$10.2
Slippage, 4 orders
−$125.1
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$133.9
Costs to cover
1.441%
Break-even
never at this rate
Slippage from Bulk: live order book, 61 min ago; KuCoin: live order book, 9 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, 61 min ago20.04 bp23.5 bp −$2459.0 bp −$590106.1 bp −$10.6K734.0 bp −$367.0K
Sell KuCoin live order book, 9 min ago17.90 bp57.0 bp −$57454.0 bp −$4,540doesn'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
Phoenix MON0.0000%1h0.02500−0.016%$13K$353K5xas long as short
Bybit MONUSDT+0.0048%8h0.02498−0.072%$20.5M$13.7M50xas long as short
Orderly PERP_MON_USDC+0.0085%4h0.02499−0.040%$16K$48K10xas long as short
Lighter MON+0.0096%1h0.02501+0.040%$803K$786K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02499−0.051%$8K$425xas long as short
Aster MONUSDT+0.0100%4h0.02501+0.025%$99K$221K10xas long as short
dYdX MON-USD+0.0100%1h0.02500+0.010%$12K5xas long as short
Pacifica MON+0.0100%1h0.02500+0.016%$138K$91K3xas long as short
Binance MONUSDT+0.0100%4h0.025000.000%$23.8M$27.7M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02498−0.080%$4.2M$6.2M50xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bulk MON-USDlong+0.0100%1h0.02500long leg$103K$1K10x
Gate MON_USDT+0.0100%4h0.025000.000%$936K$1.0M50xas long as short
KuCoin MONUSDTMshort+0.0100%4h0.02505+0.200%$2.9M$766K75x
Bitget MONUSDT+0.0100%4h0.025000.000%$2.7M$2.3M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02500+0.008%$113K$154K10xas long as short
Variational Omni MON+0.0100%8h0.02498−0.096%$741K$413Kas long as short
edgeX MONUSDC+0.0100%4h0.02500+0.015%$41K$251K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02501+0.046%$556K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02502+0.080%$68K$533K50xas long as short
Nado MON-PERP+0.0100%1h0.02503+0.132%$400K$578K10xas long as short
SoDEX MON-USD+0.0100%1h0.02498−0.080%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02504+0.140%$48K$267K10xas long as short
Aevo MON-PERP+0.0104%1h0.02498−0.084%$38K3xas long as short
Injective MON/USDC PERP+0.0109%1h0.02503+0.120%$5K$1105.5xas long as short
Aftermath Perps MONUSD+0.0143%1h0.02503+0.136%$6K$98K10xas long as short
Deribit MON_USDC-PERPETUAL+0.0230%1h0.02499−0.020%$73K$135K25xas long as short
GMX MON/USD [ETH-USDC]L +0.0230% / S −0.0246%1h0.02498−0.072%$6K50xas long as short
01 Exchange MONUSD+0.0248%1h0.02501+0.056%$7K$2K5xas long as short
BloFin MON-USDT+0.0340%4h0.02502+0.080%$1.3M$347K75xas long as short
Hyperliquid MON+0.0397%1h0.02504+0.144%$33.8M$7.8M5xas long as short
Perpl MON+0.0447%43m0.02500+0.020%$114K$2.2M10xas long as short
Coinbase International MON-PERP-INTX+0.0576%1h0.02542+1.700%$112K$55K50xas long as short
Kraken Futures PF_MONUSD+0.0845%1h0.02501+0.034%$269K$118K10xas long as short