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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against edgeX−0.413%7-day average +0.136% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1031.034% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.008%+$1 on $10k
Price spread, last 4 days (all we have)−0.019%−$2 · spread now −0.413%, 7d avg +0.136%
Together, before fees−0.011%+ Points / potential airdropedgeX: Active · Extended: Active · farm board−$1 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: Extended is 0.549% cheaper against edgeX than usual: you would sell low and buy high, −$55 on $10k if it goes back to its 7-day average of +0.136%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX MONUSDC0.025590.0100pay 0.0050% / 4h2h 55m$42K$250K10x
ShortExtended MON-USD0.025480.0104get 0.0013% / 1h55m 35s$61K$329K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.413% → +0.136%
−$54.85
Slippage, 4 orders
−$89.45
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$157.46
Costs to cover
1.034%
Break-even
1319.2 days
Slippage from edgeX: live order book, 37 min ago; Extended: live order book, 37 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, 37 min ago10.01 bp25.1 bp −$25doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 37 min ago6.01 bp28.1 bp −$28273.9 bp −$2,739doesn'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−0.0051%1h0.02553−0.232%$113K$152K10xas long as short
Phoenix MON0.0000%1h0.02557−0.079%$14K$307K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02553−0.224%$73K$133K25xas long as short
Injective MON/USDC PERP+0.0033%1h0.02505−2.092%$5K$1045.5xas long as short
Lighter MON+0.0096%1h0.02551−0.294%$832K$759K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02547−0.450%$8K$425xas long as short
Hyperliquid MON+0.0100%1h0.02548−0.423%$34.3M$6.6M5xas long as short
Aster MONUSDT+0.0100%4h0.02548−0.395%$101K$202K10xas long as short
dYdX MON-USD+0.0100%1h0.02549−0.382%$13K5xas long as short
Pacifica MON+0.0100%1h0.02549−0.361%$141K$89K3xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance MONUSDT+0.0100%4h0.02545−0.542%$24.5M$26.8M75xas long as short
Bybit MONUSDT+0.0100%8h0.02543−0.595%$21.3M$13.5M50xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02544−0.568%$4.2M$6.1M50xas long as short
Gate MON_USDT+0.0100%4h0.02548−0.412%$1.1M$1.1M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02552−0.255%$2.9M$763K75xas long as short
Bitget MONUSDT+0.0100%4h0.02547−0.451%$2.8M$2.3M25xas long as short
Variational Omni MON+0.0100%8h0.02549−0.392%$757K$375Kas long as short
edgeX MONUSDClong+0.0100%4h0.02559long leg$42K$250K10x
GRVT MON_USDT_Perp+0.0100%4h0.02564+0.217%$581K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02563+0.175%$69K$545K50xas long as short
Nado MON-PERP+0.0100%1h0.02548−0.430%$392K$579K10xas long as short
Orderly PERP_MON_USDC+0.0100%4h0.02554−0.177%$16K$36K10xas long as short
SoDEX MON-USD+0.0100%1h0.02552−0.255%$5K$6K5xas long as short
Bulk MON-USD+0.0100%1h0.02555−0.138%$105K−$010xas long as short
Extended MON-USDshort+0.0104%1h0.02548−0.413%$61K$329K10x
Aevo MON-PERP+0.0104%1h0.02550−0.314%$39K3xas long as short
01 Exchange MONUSD+0.0168%1h0.02544−0.548%$6K$3K5xas long as short
GMX MON/USD [ETH-USDC]L +0.0231% / S −0.0246%1h0.02553−0.204%$7K50xas long as short
BloFin MON-USDT+0.0340%4h0.02562+0.136%$1.4M$401K75xas long as short
Perpl MON+0.0447%43m0.02554−0.177%$118K$2.1M10xas long as short
Aftermath Perps MONUSD+0.0647%1h0.02557−0.068%$4K$97K10xas long as short
Kraken Futures PF_MONUSD+0.0669%1h0.02554−0.163%$274K$117K10xas long as short
Coinbase International MON-PERP-INTX+0.0800%1h0.02575+0.648%$114K$53K50xas long as short