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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against edgeX+0.048%50s7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$690.693% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.935%−$94 · spread now +0.048%, 7d avg +0.026%
Together, before fees−0.935%+ Points / potential airdropedgeX: Active · farm board−$94 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.023% dearer against edgeX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.026%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX MONUSDC0.025380.0100pay 0.0050% / 4h2h 04m$43K$248K10x
ShortBinance MONUSDT0.025390.0100get 0.0050% / 4h2h 04m$24.2M$26.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against edgeX. 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
$0
Price spread: +0.048% → +0.026%
$2.26
Slippage, 4 orders
−$50.31
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Binance: 5 bp × 2 orders
−$10
Net
−$67.05
Costs to cover
0.693%
Break-even
never at this rate
Slippage from edgeX: live order book, 63 min ago; Binance: live order book, 7 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 edgeX live order book, 63 min ago7.72 bp17.7 bp −$18doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 7 min ago3.92 bp18.6 bp −$1965.5 bp −$655313.5 bp −$31.3Kdoesn't fit

MON on 32 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%1h0.02546+0.324%$6K$1095.5xas long as short
Bybit MONUSDT−0.0093%8h0.02540+0.088%$20.9M$12.8M50xas long as short
Phoenix MON0.0000%1h0.02538−0.007%$13K$349K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02538+0.005%$68K$125K25xas long as short
01 Exchange MONUSD+0.0024%1h0.02542+0.171%$6K$1K5xas long as short
Orderly PERP_MON_USDC+0.0075%4h0.02538+0.009%$16K$51K10xas long as short
Lighter MON+0.0096%1h0.02542+0.167%$847K$743K10xas long as short
Paradex MON-USD-PERP+0.0098%8h0.02539+0.034%$8K$425xas long as short
Hyperliquid MON+0.0100%1h0.02540+0.084%$34.4M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02539+0.067%$102K$229K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX MON-USD+0.0100%1h0.02540+0.093%$13K5xas long as short
Pacifica MON+0.0100%1h0.02540+0.072%$141K$104K3xas long as short
Binance MONUSDTshort+0.0100%4h0.02539+0.048%$24.2M$26.0M75x
OKX MON-USDT-SWAP+0.0100%4h0.02539+0.048%$4.2M$5.8M50xas long as short
Bulk MON-USD+0.0100%1h0.02531−0.281%$105K$4K10xas long as short
Gate MON_USDT+0.0100%4h0.02539+0.048%$949K$906K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02540+0.088%$2.9M$743K75xas long as short
Bitget MONUSDT+0.0100%4h0.02541+0.127%$2.7M$2.0M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02538+0.021%$118K$156K10xas long as short
Variational Omni MON+0.0100%8h0.02536−0.068%$754K$405Kas long as short
edgeX MONUSDClong+0.0100%4h0.02538long leg$43K$248K10x
GRVT MON_USDT_Perp+0.0100%4h0.02537−0.029%$568K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02540+0.088%$68K$497K50xas long as short
Nado MON-PERP+0.0100%1h0.02539+0.058%$407K$545K10xas long as short
SoDEX MON-USD+0.0100%1h0.02537−0.030%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02543+0.220%$49K$517K10xas long as short
Aevo MON-PERP+0.0104%1h0.02536−0.050%$38K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02537−0.034%$9K50xas long as short
Aftermath Perps MONUSD+0.0296%1h0.02542+0.172%$2K$79K10xas long as short
Perpl MON+0.0447%43m0.02538−0.003%$106K$2.3M10xas long as short
Coinbase International MON-PERP-INTX+0.0744%1h0.02556+0.710%$112K$52K50xas long as short
Kraken Futures PF_MONUSD+0.0843%1h0.02539+0.035%$267K$97K10xas long as short