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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0116%/8h= +12.7% APRnext payment +$0.14 per $10,000 · paid last 24h +0.030%
Price spread now: 01 Exchange against dYdX+0.088%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 4 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 +$3 a day on $10k at the current rate, and 01 Exchange is 0.088% dearer against dYdX than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX MON-USD0.025070.0100pay 0.0013% / 1h13m 12s$13K5x
Short01 Exchange MONUSD0.025090.0216get 0.0027% / 1h13m 12s$6K$3K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$24.36
Price spread: +0.088% → 0.000%
$8.78
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$16.14
Costs to cover
0.170%
Break-even
2.4 days
Slippage unknown: dYdX: no order-book sample; 01 Exchange: 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 dYdX no order-book sample
Sell 01 Exchange no order-book sample
dYdX and 01 Exchange: 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%1h0.02505−0.072%$5K$1135.5xas long as short
Phoenix MON0.0000%1h0.02507+0.004%$13K$349K5xas long as short
Perpl MON0.0000%43m0.02510+0.144%$122K$2.1M10xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02508+0.052%$73K$138K25xas long as short
Lighter MON+0.0096%1h0.02509+0.088%$804K$785K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02507−0.010%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02511+0.177%$394K$578K10xas long as short
Aster MONUSDT+0.0100%4h0.02506−0.014%$99K$213K10xas long as short
dYdX MON-USDlong+0.0100%1h0.02507long leg$13K5x
Pacifica MON+0.0100%1h0.02507+0.016%$139K$91K3xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance MONUSDT+0.0100%4h0.02506−0.014%$23.8M$27.5M75xas long as short
Bybit MONUSDT+0.0100%8h0.02505−0.064%$20.9M$13.9M50xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02506−0.032%$4.2M$6.2M50xas long as short
Gate MON_USDT+0.0100%4h0.02507+0.008%$938K$1.1M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02511+0.168%$2.9M$766K75xas long as short
Bitget MONUSDT+0.0100%4h0.02509+0.088%$2.7M$2.3M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02509+0.080%$109K$157K10xas long as short
Variational Omni MON+0.0100%8h0.02503−0.167%$743K$410Kas long as short
edgeX MONUSDC+0.0100%4h0.02504−0.118%$41K$252K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02506−0.034%$558K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02506−0.032%$68K$542K50xas long as short
Orderly PERP_MON_USDC+0.0100%4h0.02507+0.008%$16K$42K10xas long as short
SoDEX MON-USD+0.0100%1h0.02507+0.008%$5K$6K5xas long as short
Bulk MON-USD+0.0100%1h0.02500−0.285%$103K−$010xas long as short
Extended MON-USD+0.0104%1h0.02510+0.129%$47K$316K10xas long as short
Aevo MON-PERP+0.0104%1h0.02507−0.004%$38K3xas long as short
Hyperliquid MON+0.0156%1h0.02511+0.156%$33.9M$7.8M5xas long as short
01 Exchange MONUSDshort+0.0216%1h0.02509+0.088%$6K$3K5x
GMX MON/USD [ETH-USDC]L +0.0231% / S −0.0246%1h0.02504−0.096%$6K50xas long as short
BloFin MON-USDT+0.0340%4h0.02506−0.032%$1.3M$334K75xas long as short
Aftermath Perps MONUSD+0.0601%1h0.02505−0.076%$4K$102K10xas long as short
Coinbase International MON-PERP-INTX+0.0680%1h0.02515+0.319%$111K$54K50xas long as short
Kraken Futures PF_MONUSD+0.1201%1h0.02509+0.089%$269K$118K10xas long as short