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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0580%/8h= +63.5% APRnext payment +$0.72 per $10,000 · paid last 24h +0.211%
Price spread now: Coinbase International against dYdX+0.628%7-day average · 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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Coinbase International is 0.628% dearer against dYdX than usual: you sell high and buy low: +$63 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX MON-USD0.024990.0100pay 0.0013% / 1h18m 23s$12K5x
ShortCoinbase International MON-PERP-INTX0.025150.0680get 0.0085% / 1h18m 23s$111K$54K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against dYdX. 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
$121.8
Price spread: +0.628% → 0.000%
$62.77
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$164.57
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: dYdX: no order-book sample; Coinbase International: live order book, 19 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 dYdX no order-book sample
Sell Coinbase International live order book, 19 min ago20.59 bp41.3 bp −$41doesn't fitdoesn't fitdoesn't fit
dYdX: 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
Injective MON/USDC PERP−0.0032%1h0.02503+0.156%$5K$1115.5xas long as short
Phoenix MON0.0000%1h0.02497−0.073%$13K$349K5xas long as short
Perpl MON0.0000%43m0.02506+0.292%$122K$2.2M10xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02504+0.212%$73K$138K25xas long as short
Lighter MON+0.0096%1h0.02505+0.236%$803K$785K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02503+0.170%$8K$425xas long as short
Aster MONUSDT+0.0100%4h0.02501+0.085%$99K$213K10xas long as short
dYdX MON-USDlong+0.0100%1h0.02499long leg$12K5x
Pacifica MON+0.0100%1h0.02504+0.208%$139K$91K3xas long as short
Binance MONUSDT+0.0100%4h0.02502+0.116%$23.8M$27.5M75xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit MONUSDT+0.0100%8h0.02502+0.116%$20.8M$13.9M50xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02502+0.116%$4.2M$6.2M50xas long as short
Gate MON_USDT+0.0100%4h0.02503+0.156%$938K$1.1M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02504+0.196%$2.9M$766K75xas long as short
Bitget MONUSDT+0.0100%4h0.02503+0.156%$2.7M$2.3M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02507+0.300%$109K$157K10xas long as short
Variational Omni MON+0.0100%8h0.02492−0.282%$740K$410Kas long as short
edgeX MONUSDC+0.0100%4h0.02493−0.225%$41K$251K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02497−0.085%$556K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02497−0.085%$68K$540K50xas long as short
Nado MON-PERP+0.0100%1h0.02508+0.347%$393K$578K10xas long as short
Orderly PERP_MON_USDC+0.0100%4h0.02504+0.196%$16K$42K10xas long as short
SoDEX MON-USD+0.0100%1h0.02504+0.196%$5K$6K5xas long as short
Bulk MON-USD+0.0100%1h0.02500+0.022%$103K−$010xas long as short
Extended MON-USD+0.0104%1h0.02506+0.282%$47K$314K10xas long as short
Aevo MON-PERP+0.0104%1h0.02503+0.144%$38K3xas long as short
Hyperliquid MON+0.0156%1h0.02506+0.288%$33.9M$7.8M5xas long as short
01 Exchange MONUSD+0.0208%1h0.02505+0.244%$6K$3K5xas long as short
GMX MON/USD [ETH-USDC]L +0.0231% / S −0.0246%1h0.02503+0.152%$6K50xas long as short
BloFin MON-USDT+0.0340%4h0.02506+0.276%$1.3M$334K75xas long as short
Aftermath Perps MONUSD+0.0604%1h0.02501+0.068%$4K$102K10xas long as short
Coinbase International MON-PERP-INTXshort+0.0680%1h0.02515+0.628%$111K$54K50x
Kraken Futures PF_MONUSD+0.1202%1h0.02507+0.321%$269K$118K10xas long as short