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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against edgeX+0.161%64s7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$760.759% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.007%−$1 on $10k
Price spread, last 4 days (all we have)−0.609%−$61 · spread now +0.161%, 7d avg +0.065%
Together, before fees−0.616%+ Points / potential airdropedgeX: Active · farm board−$62 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: Bitget is 0.097% dearer against edgeX than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.065%. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX MONUSDC0.025090.0100pay 0.0050% / 4h3h 50m$41K$251K10x
ShortBitget MONUSDT0.025130.0100get 0.0050% / 4h3h 50m$2.7M$2.3M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.161% → +0.065%
$9.65
Slippage, 4 orders
−$54.88
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$66.23
Costs to cover
0.759%
Break-even
never at this rate
Slippage from edgeX: live order book, 47 min ago; Bitget: live order book, 2 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, 47 min ago8.00 bp19.2 bp −$19doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago5.97 bp20.2 bp −$2061.2 bp −$612doesn'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
Backpack MON_USDC_PERP−0.0268%1h0.02514+0.205%$110K$157K10xas long as short
Injective MON/USDC PERP−0.0089%1h0.02505−0.158%$5K$1085.5xas long as short
Phoenix MON0.0000%1h0.02508−0.022%$13K$346K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02515+0.225%$73K$137K25xas long as short
Lighter MON+0.0096%1h0.02516+0.281%$808K$765K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02513+0.143%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02517+0.304%$394K$573K10xas long as short
Hyperliquid MON+0.0100%1h0.02514+0.217%$34.0M$7.8M5xas long as short
Aster MONUSDT+0.0100%4h0.02513+0.173%$99K$213K10xas long as short
dYdX MON-USD+0.0100%1h0.02511+0.097%$13K5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica MON+0.0100%1h0.02513+0.173%$139K$91K3xas long as short
Binance MONUSDT+0.0100%4h0.02513+0.177%$23.9M$27.6M75xas long as short
Bybit MONUSDT+0.0100%8h0.02511+0.089%$21.0M$13.9M50xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02511+0.081%$4.2M$6.2M50xas long as short
Gate MON_USDT+0.0100%4h0.02514+0.201%$941K$1.0M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02514+0.201%$2.9M$766K75xas long as short
Bitget MONUSDTshort+0.0100%4h0.02513+0.161%$2.7M$2.3M25x
Variational Omni MON+0.0100%8h0.02511+0.085%$744K$408Kas long as short
edgeX MONUSDClong+0.0100%4h0.02509long leg$41K$251K10x
GRVT MON_USDT_Perp+0.0100%4h0.02511+0.071%$559K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02510+0.042%$68K$543K50xas long as short
Orderly PERP_MON_USDC+0.0100%4h0.02513+0.161%$16K$42K10xas long as short
SoDEX MON-USD+0.0100%1h0.02514+0.201%$5K$6K5xas long as short
Bulk MON-USD+0.0100%1h0.02505−0.158%$103K−$010xas long as short
Extended MON-USD+0.0104%1h0.02516+0.279%$60K$328K10xas long as short
Aevo MON-PERP+0.0104%1h0.02511+0.093%$38K3xas long as short
01 Exchange MONUSD+0.0208%1h0.02515+0.249%$6K$3K5xas long as short
GMX MON/USD [ETH-USDC]L +0.0231% / S −0.0246%1h0.02514+0.201%$6K50xas long as short
BloFin MON-USDT+0.0340%4h0.02516+0.281%$1.3M$371K75xas long as short
Perpl MON+0.0447%43m0.02515+0.249%$119K$2.2M10xas long as short
Aftermath Perps MONUSD+0.0473%1h0.02509+0.020%$5K$103K10xas long as short
Coinbase International MON-PERP-INTX+0.0744%1h0.02519+0.404%$111K$54K50xas long as short
Kraken Futures PF_MONUSD+0.0795%1h0.02517+0.310%$270K$118K10xas long as short