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

MON

all MON markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.014%
Price spread now: Extended against Bybit+0.300%7-day average +0.200% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$960.962% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.095%+$10 on $10k
Price spread, last 4 days (all we have)−0.024%−$2 · spread now +0.300%, 7d avg +0.200%
Together, before fees+0.071%+ Points / potential airdropExtended: Active · farm board+$7 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: Extended is 0.100% dearer against Bybit than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.200%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit MONUSDT0.025540.0100pay 0.0100% / 8h6h 59m$21.3M$13.4M50x
ShortExtended MON-USD0.025610.0104get 0.0013% / 1h59m 41s$61K$329K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bybit. 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
$0.84
Price spread: +0.300% → +0.200%
$9.96
Slippage, 4 orders
−$80.21
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$85.42
Costs to cover
0.962%
Break-even
718.8 days
Slippage from Bybit: live order book, 4 min ago; Extended: 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 Bybit live order book, 4 min ago5.87 bp21.2 bp −$2174.6 bp −$746doesn't fitdoesn't fit
Sell Extended live order book, 33 min ago6.01 bp28.1 bp −$28273.9 bp −$2,739doesn'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
Backpack MON_USDC_PERP−0.0143%1h0.02559+0.223%$114K$152K10xas long as short
Injective MON/USDC PERP−0.0089%1h0.02505−1.911%$5K$1085.5xas long as short
Phoenix MON0.0000%1h0.02558+0.149%$14K$346K5xas long as short
Lighter MON+0.0096%1h0.02557+0.125%$833K$758K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02555+0.038%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02560+0.261%$393K$577K10xas long as short
Aster MONUSDT+0.0100%4h0.02557+0.112%$101K$202K10xas long as short
dYdX MON-USD+0.0100%1h0.02557+0.137%$13K5xas long as short
Pacifica MON+0.0100%1h0.02555+0.063%$142K$89K3xas long as short
Binance MONUSDT+0.0100%4h0.02556+0.093%$24.6M$26.8M75xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit MONUSDTlong+0.0100%8h0.02554long leg$21.3M$13.4M50x
OKX MON-USDT-SWAP+0.0100%4h0.02553−0.031%$4.3M$6.1M50xas long as short
Gate MON_USDT+0.0100%4h0.02558+0.164%$1.0M$1.1M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02557+0.125%$2.9M$762K75xas long as short
Bitget MONUSDT+0.0100%4h0.02556+0.086%$2.8M$2.2M25xas long as short
Variational Omni MON+0.0100%8h0.02553−0.050%$759K$376Kas long as short
edgeX MONUSDC+0.0100%4h0.02562+0.319%$42K$251K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02559+0.204%$580K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02560+0.243%$69K$545K50xas long as short
Orderly PERP_MON_USDC+0.0100%4h0.02557+0.125%$16K$36K10xas long as short
SoDEX MON-USD+0.0100%1h0.02559+0.204%$5K$6K5xas long as short
Bulk MON-USD+0.0100%1h0.02542−0.471%$104K−$010xas long as short
Extended MON-USDshort+0.0104%1h0.02561+0.300%$61K$329K10x
Aevo MON-PERP+0.0104%1h0.02558+0.164%$39K3xas long as short
01 Exchange MONUSD+0.0184%1h0.02560+0.227%$6K$3K5xas long as short
GMX MON/USD [ETH-USDC]L +0.0231% / S −0.0246%1h0.02555+0.027%$7K50xas long as short
Hyperliquid MON+0.0282%1h0.02559+0.208%$34.5M$6.5M5xas long as short
BloFin MON-USDT+0.0340%4h0.02561+0.282%$1.4M$404K75xas long as short
Deribit MON_USDC-PERPETUAL+0.0375%1h0.02560+0.243%$73K$135K25xas long as short
Perpl MON+0.0447%43m0.02559+0.192%$119K$2.1M10xas long as short
Aftermath Perps MONUSD+0.0631%1h0.02557+0.128%$4K$97K10xas long as short
Coinbase International MON-PERP-INTX+0.0744%1h0.02575+0.834%$114K$53K50xas long as short
Kraken Futures PF_MONUSD+0.0781%1h0.02562+0.335%$275K$118K10xas long as short