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 01:00 UTC−0.0644%/8h= −70.5% APRnext payment $0.81 per $10,000 · paid last 24h −0.216%
Price spread now: Nado against Coinbase International−0.347%45s7-day average −0.380% · you buy dearer than you sell
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−$2822.819% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.571%−$57 on $10k
Price spread, last 3 days (all we have)−0.099%−$10 · spread now −0.347%, 7d avg −0.380%
Together, before fees−0.669%+ Points / potential airdropNado: Active · farm board−$67 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Nado is 0.032% dearer against Coinbase International than usual: you sell high and buy low (spread −0.347% now, against its 7-day average of −0.380%): +$3 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 4 hours. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International MON-PERP-INTX0.025380.0744pay 0.0093% / 1h42m 39s$111K$52K50x
ShortNado MON-PERP0.025290.0100get 0.0012% / 1h42m 39s$405K$544K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Coinbase International. 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
−$135.24
Price spread: −0.347% → −0.380%
$3.23
Slippage, 4 orders
−$264.86
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$413.87
Costs to cover
2.819%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 25 min ago; Nado: live order book, 25 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 Coinbase International live order book, 25 min ago29.90 bp117.6 bp −$118doesn't fitdoesn't fitdoesn't fit
Sell Nado live order book, 25 min ago0.58 bp10.2 bp −$10doesn'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
Injective MON/USDC PERP−0.0388%1h0.02541+0.126%$6K$1065.5xas long as short
Bybit MONUSDT−0.0030%8h0.02521−0.654%$20.7M$12.8M50xas long as short
01 Exchange MONUSD−0.0024%1h0.02524−0.528%$6K$1K5xas long as short
Phoenix MON0.0000%1h0.02540+0.087%$13K$349K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02535−0.102%$68K$125K25xas long as short
Orderly PERP_MON_USDC+0.0060%4h0.02534−0.150%$16K$55K10xas long as short
Paradex MON-USD-PERP+0.0096%8h0.02523−0.580%$8K$425xas long as short
Lighter MON+0.0096%1h0.02526−0.465%$842K$740K10xas long as short
Nado MON-PERPshort+0.0100%1h0.02529−0.347%$405K$544K10x
Aster MONUSDT+0.0100%4h0.02529−0.357%$101K$229K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX MON-USD+0.0100%1h0.02526−0.473%$13K5xas long as short
Pacifica MON+0.0100%1h0.02525−0.493%$140K$104K3xas long as short
Binance MONUSDT+0.0100%4h0.02523−0.569%$24.1M$26.0M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02523−0.583%$4.2M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02535−0.107%$105K$4K10xas long as short
Gate MON_USDT+0.0100%4h0.02525−0.504%$948K$898K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02527−0.426%$2.9M$745K75xas long as short
Bitget MONUSDT+0.0100%4h0.02523−0.583%$2.7M$2.0M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02534−0.154%$120K$161K10xas long as short
Variational Omni MON+0.0100%8h0.02530−0.323%$761K$411Kas long as short
edgeX MONUSDC+0.0100%4h0.02537−0.022%$43K$249K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02530−0.298%$568K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02537−0.032%$68K$491K50xas long as short
SoDEX MON-USD+0.0100%1h0.02534−0.150%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02528−0.371%$48K$520K10xas long as short
Aevo MON-PERP+0.0104%1h0.02532−0.225%$38K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02536−0.051%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02549+0.441%$1.4M$310K75xas long as short
Aftermath Perps MONUSD+0.0358%1h0.02541+0.130%$4K$76K10xas long as short
Hyperliquid MON+0.0375%1h0.02529−0.335%$34.5M$7.6M5xas long as short
Perpl MON+0.0447%43m0.025380.000%$105K$2.2M10xas long as short
Coinbase International MON-PERP-INTXlong+0.0744%1h0.02538long leg$111K$52K50x
Kraken Futures PF_MONUSD+0.0843%1h0.02538−0.007%$276K$88K10xas long as short