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% APRpaid last 24h 0.000%
Price spread now: Bulk against edgeX−0.112%56s7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1071.075% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.001%$0 on $10k
Price spread, last 4 days (all we have)−0.282%−$28 · spread now −0.112%, 7d avg +0.018%
Together, before fees−0.280%+ Points / potential airdropedgeX: Active · farm board−$28 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: Bulk is 0.130% cheaper against edgeX than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.018%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX MONUSDC0.024980.0100pay 0.0050% / 4h41m 44s$41K$251K10x
ShortBulk MON-USD0.024950.0100get 0.0013% / 1h41m 44s$102K$5K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk 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: −0.112% → +0.018%
−$12.99
Slippage, 4 orders
−$91.5
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$120.49
Costs to cover
1.075%
Break-even
never at this rate
Slippage from edgeX: live order book, 16 min ago; Bulk: live order book, 17 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, 16 min ago7.95 bp20.2 bp −$20doesn't fitdoesn't fitdoesn't fit
Sell Bulk live order book, 17 min ago19.80 bp45.0 bp −$4581.7 bp −$817179.7 bp −$18.0Kdoesn'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
01 Exchange MONUSD−0.0448%1h0.02498−0.003%$6K$1K5xas long as short
Backpack MON_USDC_PERP−0.0299%1h0.02501+0.125%$112K$151K10xas long as short
Injective MON/USDC PERP−0.0176%1h0.02517+0.758%$5K$1095.5xas long as short
Bybit MONUSDT−0.0173%8h0.02498+0.009%$20.5M$13.2M50xas long as short
Deribit MON_USDC-PERPETUAL−0.0150%1h0.02500+0.097%$74K$135K25xas long as short
Phoenix MON0.0000%1h0.02505+0.270%$12K$359K5xas long as short
Perpl MON0.0000%43m0.02503+0.185%$107K$2.3M10xas long as short
Orderly PERP_MON_USDC+0.0072%4h0.02500+0.077%$16K$41K10xas long as short
Variational Omni MON+0.0086%8h0.02500+0.079%$740K$407Kas long as short
Paradex MON-USD-PERP+0.0088%8h0.02499+0.044%$8K$425xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter MON+0.0096%1h0.02501+0.117%$842K$747K10xas long as short
Nado MON-PERP+0.0100%1h0.02502+0.166%$429K$559K10xas long as short
Hyperliquid MON+0.0100%1h0.02502+0.157%$33.8M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02502+0.165%$100K$222K10xas long as short
dYdX MON-USD+0.0100%1h0.02502+0.168%$13K5xas long as short
Pacifica MON+0.0100%1h0.02500+0.077%$138K$93K3xas long as short
Binance MONUSDT+0.0100%4h0.02499+0.037%$23.7M$26.7M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02499+0.037%$4.2M$5.9M50xas long as short
Bulk MON-USDshort+0.0100%1h0.02495−0.112%$102K$5K10x
Gate MON_USDT+0.0100%4h0.02501+0.117%$948K$983K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02502+0.157%$2.8M$752K75xas long as short
Bitget MONUSDT+0.0100%4h0.02502+0.157%$2.7M$2.1M25xas long as short
edgeX MONUSDClong+0.0100%4h0.02498long leg$41K$251K10x
GRVT MON_USDT_Perp+0.0100%4h0.02501+0.098%$559K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02501+0.117%$67K$507K50xas long as short
SoDEX MON-USD+0.0100%1h0.02498−0.003%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02502+0.141%$48K$521K10xas long as short
Aevo MON-PERP+0.0104%1h0.02500+0.081%$38K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02500+0.089%$9K50xas long as short
Aftermath Perps MONUSD+0.0265%1h0.02505+0.288%$2K$74K10xas long as short
BloFin MON-USDT+0.0340%4h0.02502+0.157%$1.3M$337K75xas long as short
Coinbase International MON-PERP-INTX+0.0408%1h0.02514+0.618%$110K$57K50xas long as short
Kraken Futures PF_MONUSD+0.0544%1h0.02504+0.221%$269K$116K10xas long as short