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 08:00 UTC+0.0038%/8h= +4.2% APRnext payment +$0.38 per $10,000 · paid last 24h +0.013%
Price spread now: Variational Omni against Bybit−0.038%7-day average −0.015% · you buy dearer than you sell
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 4 days (all we have)+0.040%+$4 on $10k
Price spread, last 4 days (all we have)−0.027%−$3 · spread now −0.038%, 7d avg −0.015%
Together, before fees+0.013%+ Points / potential airdropVariational Omni: Active · farm board+$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.022% cheaper against Bybit than usual: you would sell low and buy high (spread −0.038% now, against its 7-day average of −0.015%). If the spread goes back, that is −$2 on $10k: about 47 hours of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit MONUSDT0.024900.0062pay 0.0062% / 8h1h 31m$20.5M$13.7M50x
ShortVariational Omni MON0.024890.0100get 0.0100% / 8h1h 31m$739K$411K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$7.99
Price spread: −0.038% → −0.015%
−$2.21
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$5.22
Costs to cover
0.110%
Break-even
11.6 days
Slippage unknown: Bybit: live order book, 7 min ago; Variational Omni: RFQ quote, 13 min ago. 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, 7 min ago4.01 bp19.0 bp −$1958.8 bp −$588doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 13 min ago14.03 bpdoesn't fit114.3 bp −$1,143doesn'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%1h0.02487−0.112%$13K$353K5xas long as short
Bybit MONUSDTlong+0.0062%8h0.02490long leg$20.5M$13.7M50x
Orderly PERP_MON_USDC+0.0085%4h0.024900.000%$16K$48K10xas long as short
Lighter MON+0.0096%1h0.02493+0.120%$799K$787K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02489−0.025%$7K$425xas long as short
Nado MON-PERP+0.0100%1h0.02495+0.209%$397K$572K10xas long as short
Aster MONUSDT+0.0100%4h0.02487−0.112%$98K$221K10xas long as short
dYdX MON-USD+0.0100%1h0.02487−0.123%$12K5xas long as short
Pacifica MON+0.0100%1h0.02489−0.036%$138K$91K3xas long as short
Binance MONUSDT+0.0100%4h0.02491+0.027%$23.7M$27.6M75xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX MON-USDT-SWAP+0.0100%4h0.02491+0.040%$4.2M$6.1M50xas long as short
Bulk MON-USD+0.0100%1h0.02485−0.200%$102K$1K10xas long as short
Gate MON_USDT+0.0100%4h0.02488−0.080%$927K$1.0M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02492+0.080%$2.8M$764K75xas long as short
Bitget MONUSDT+0.0100%4h0.024900.000%$2.7M$2.3M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02488−0.092%$111K$155K10xas long as short
Variational Omni MONshort+0.0100%8h0.02489−0.038%$739K$411K
edgeX MONUSDC+0.0100%4h0.02485−0.186%$41K$251K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02488−0.100%$561K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02489−0.040%$68K$536K50xas long as short
SoDEX MON-USD+0.0100%1h0.02491+0.040%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02492+0.096%$48K$266K10xas long as short
Aevo MON-PERP+0.0104%1h0.02491+0.040%$38K3xas long as short
Injective MON/USDC PERP+0.0109%1h0.02489−0.040%$5K$1115.5xas long as short
Aftermath Perps MONUSD+0.0206%1h0.02492+0.086%$6K$100K10xas long as short
01 Exchange MONUSD+0.0224%1h0.02494+0.145%$7K$2K5xas long as short
GMX MON/USD [ETH-USDC]L +0.0230% / S −0.0246%1h0.02491+0.032%$6K50xas long as short
Deribit MON_USDC-PERPETUAL+0.0272%1h0.02492+0.100%$72K$138K25xas long as short
BloFin MON-USDT+0.0340%4h0.02483−0.281%$1.3M$346K75xas long as short
Hyperliquid MON+0.0392%1h0.02494+0.173%$33.7M$7.8M5xas long as short
Perpl MON+0.0447%43m0.02494+0.161%$119K$2.2M10xas long as short
Coinbase International MON-PERP-INTX+0.0576%1h0.02496+0.241%$110K$54K50xas long as short
Kraken Futures PF_MONUSD+0.0848%1h0.02494+0.143%$268K$119K10xas long as short