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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0158%/8h= +17.3% APRpaid last 24h +0.057%
Price spread now: KuCoin against dYdX+0.110%47s7-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 5 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 +$5 a day on $10k at the current rate, and KuCoin is 0.110% dearer against dYdX than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX MON-USD0.025840.0100pay 0.0013% / 1h40m 01s$13K5x
ShortKuCoin MONUSDTM0.025870.0258get 0.0129% / 4h40m 01s$3.0M$717K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$33.18
Price spread: +0.110% → 0.000%
$11.03
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$22.21
Costs to cover
0.220%
Break-even
2.3 days
Slippage unknown: dYdX: no order-book sample; KuCoin: live order book, 2 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 KuCoin live order book, 2 min ago13.52 bp36.5 bp −$37440.7 bp −$4,407doesn'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−0.0121%1h0.02575−0.354%$6K$1065.5xas long as short
01 Exchange MONUSD−0.0048%1h0.02581−0.137%$6K$1K5xas long as short
Bybit MONUSDT−0.0045%8h0.02581−0.122%$21.4M$12.0M50xas long as short
Phoenix MON0.0000%1h0.02599+0.586%$14K$360K5xas long as short
Perpl MON0.0000%43m0.02584+0.010%$127K$1.8M10xas long as short
Deribit MON_USDC-PERPETUAL+0.0021%1h0.02585+0.052%$70K$119K25xas long as short
Aftermath Perps MONUSD+0.0057%1h0.02589+0.169%$2K$75K10xas long as short
Orderly PERP_MON_USDC+0.0067%4h0.02583−0.045%$17K$64K10xas long as short
Paradex MON-USD-PERP+0.0093%8h0.02581−0.128%$8K$425xas long as short
Lighter MON+0.0096%1h0.02585+0.033%$858K$793K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado MON-PERP+0.0100%1h0.02587+0.122%$395K$545K10xas long as short
Hyperliquid MON+0.0100%1h0.02588+0.134%$35.0M$7.6M5xas long as short
Aster MONUSDT+0.0100%4h0.02583−0.048%$109K$231K10xas long as short
dYdX MON-USDlong+0.0100%1h0.02584long leg$13K5x
Pacifica MON+0.0100%1h0.02585+0.033%$143K$105K3xas long as short
Binance MONUSDT+0.0100%4h0.02585+0.027%$24.6M$25.3M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02582−0.083%$4.4M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02585+0.028%$108K$3K10xas long as short
Gate MON_USDT+0.0100%4h0.02584−0.006%$983K$905K50xas long as short
Bitget MONUSDT+0.0100%4h0.02585+0.033%$2.7M$1.8M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02584−0.002%$128K$141K10xas long as short
Variational Omni MON+0.0100%8h0.02582−0.076%$780K$408Kas long as short
edgeX MONUSDC+0.0100%4h0.02594+0.380%$48K$245K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02588+0.150%$586K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02596+0.459%$69K$481K50xas long as short
SoDEX MON-USD+0.0100%1h0.02583−0.045%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02589+0.174%$52K$407K10xas long as short
Aevo MON-PERP+0.0104%1h0.02584−0.025%$39K3xas long as short
KuCoin MONUSDTMshort+0.0258%4h0.02587+0.110%$3.0M$717K75x
GMX MON/USD [ETH-USDC]L +0.0261% / S −0.0598%1h0.02584−0.025%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02586+0.072%$1.3M$310K75xas long as short
Kraken Futures PF_MONUSD+0.0417%1h0.02589+0.183%$272K$78K10xas long as short
Coinbase International MON-PERP-INTX+0.0480%1h0.02609+0.958%$115K$50K50xas long as short