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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:14 UTC+0.0442%/8h= +48.4% APRpaid last 24h +0.001%
Price spread now: Perpl against Bybit+0.161%7-day average +0.171% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.323%+$32 on $10k
Price spread, last 7 days+0.103%+$10 · spread now +0.161%, 7d avg +0.171%
Together, before fees+0.426%+ Points / potential airdropPerpl: Active · farm board+$43 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.171%, so right now this pair is about funding alone: +$13 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit MONUSDT0.024880.0005pay 0.0005% / 8h2h 35m$20.4M$13.6M50x
ShortPerpl MON0.024920.0447get 0.0040% / 43m15m 29s$114K$2.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Perpl 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
$92.78
Price spread: +0.161% → +0.171%
−$1.02
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Net
$66.96
Costs to cover
0.248%
Break-even
1.9 days
Slippage unknown: Bybit: live order book, 8 min ago; Perpl: no order-book sample. Net counts fees only.

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, 8 min ago6.03 bp20.3 bp −$2066.6 bp −$666doesn't fitdoesn't fit
Sell Perpl no order-book sample
Perpl: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0132%1h0.02487−0.052%$115K$156K10xas long as short
Phoenix MON0.0000%1h0.02484−0.189%$12K$355K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02485−0.129%$73K$136K25xas long as short
Bybit MONUSDTlong+0.0005%8h0.02488long leg$20.4M$13.6M50x
01 Exchange MONUSD+0.0032%1h0.02492+0.141%$6K$1K5xas long as short
Injective MON/USDC PERP+0.0039%1h0.02496+0.305%$5K$1115.5xas long as short
Orderly PERP_MON_USDC+0.0083%4h0.02485−0.137%$16K$48K10xas long as short
Lighter MON+0.0096%1h0.02490+0.064%$833K$743K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02492+0.156%$7K$425xas long as short
Nado MON-PERP+0.0100%1h0.02495+0.256%$406K$580K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MON+0.0100%1h0.02492+0.149%$33.4M$7.6M5xas long as short
Aster MONUSDT+0.0100%4h0.02489+0.008%$98K$220K10xas long as short
dYdX MON-USD+0.0100%1h0.02486−0.100%$12K5xas long as short
Pacifica MON+0.0100%1h0.02490+0.080%$137K$92K3xas long as short
Binance MONUSDT+0.0100%4h0.02490+0.064%$23.7M$27.3M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02491+0.104%$4.2M$6.1M50xas long as short
Bulk MON-USD+0.0100%1h0.02490+0.064%$102K$1K10xas long as short
Gate MON_USDT+0.0100%4h0.02490+0.064%$930K$1.0M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02492+0.145%$2.9M$765K75xas long as short
Bitget MONUSDT+0.0100%4h0.02493+0.185%$2.7M$2.2M25xas long as short
Variational Omni MON+0.0100%8h0.02482−0.253%$737K$405Kas long as short
edgeX MONUSDC+0.0100%4h0.02483−0.206%$41K$250K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02488−0.031%$560K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02487−0.056%$68K$529K50xas long as short
SoDEX MON-USD+0.0100%1h0.02484−0.177%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02494+0.230%$47K$288K10xas long as short
Aevo MON-PERP+0.0104%1h0.02483−0.197%$38K3xas long as short
Aftermath Perps MONUSD+0.0221%1h0.02487−0.057%$5K$81K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0230% / S −0.0246%1h0.02490+0.080%$6K50xas long as short
BloFin MON-USDT+0.0340%4h0.02481−0.297%$1.3M$343K75xas long as short
Perpl MONshort+0.0447%43m0.02492+0.161%$114K$2.2M10x
Coinbase International MON-PERP-INTX+0.0456%1h0.02530+1.672%$110K$54K50xas long as short
Kraken Futures PF_MONUSD+0.1023%1h0.02488−0.015%$267K$114K10xas long as short