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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.081%
Price spread now: Hyperliquid against edgeX+0.162%46s7-day average +0.146% · 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 7 days+0.165%+$17 on $10k
Price spread, last 4 days (all we have)−1.048%−$105 · spread now +0.162%, 7d avg +0.146%
Together, before fees−0.883%+ Points / potential airdropedgeX: Active · Hyperliquid: Season 2 · farm board−$88 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX MONUSDC0.025050.0100pay 0.0050% / 4h3h 58m$41K$252K10x
ShortHyperliquid MON0.025090.0100get 0.0013% / 1h58m 35s$33.9M$7.8M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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: +0.162% → +0.146%
$1.6
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$16.4
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: edgeX: live order book, 39 min ago; Hyperliquid: live order book, 5 min ago. 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 edgeX live order book, 39 min ago8.00 bp19.2 bp −$19doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 5 min ago0.60 bp9.7 bp −$10doesn't fitdoesn'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−0.0542%1h0.02504−0.046%$109K$157K10xas long as short
Injective MON/USDC PERP−0.0089%1h0.02505+0.002%$5K$1085.5xas long as short
Phoenix MON0.0000%1h0.02508+0.106%$13K$346K5xas long as short
Perpl MON0.0000%43m0.02504−0.034%$119K$2.2M10xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02503−0.062%$73K$137K25xas long as short
Lighter MON+0.0096%1h0.02507+0.082%$805K$765K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02505+0.009%$8K$425xas long as short
Hyperliquid MONshort+0.0100%1h0.02509+0.162%$33.9M$7.8M5x
Aster MONUSDT+0.0100%4h0.02507+0.092%$99K$213K10xas long as short
dYdX MON-USD+0.0100%1h0.02505+0.014%$13K5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica MON+0.0100%1h0.02506+0.058%$139K$91K3xas long as short
Binance MONUSDT+0.0100%4h0.02507+0.090%$23.8M$27.6M75xas long as short
Bybit MONUSDT+0.0100%8h0.02505+0.010%$20.9M$13.9M50xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02505+0.002%$4.2M$6.2M50xas long as short
Gate MON_USDT+0.0100%4h0.02506+0.042%$937K$1.0M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02509+0.162%$2.9M$765K75xas long as short
Bitget MONUSDT+0.0100%4h0.02509+0.162%$2.7M$2.3M25xas long as short
Variational Omni MON+0.0100%8h0.02504−0.052%$744K$410Kas long as short
edgeX MONUSDClong+0.0100%4h0.02505long leg$41K$252K10x
GRVT MON_USDT_Perp+0.0100%4h0.02510+0.214%$559K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02506+0.042%$68K$543K50xas long as short
Nado MON-PERP+0.0100%1h0.02510+0.207%$393K$577K10xas long as short
Orderly PERP_MON_USDC+0.0100%4h0.02503−0.078%$16K$42K10xas long as short
SoDEX MON-USD+0.0100%1h0.02502−0.118%$5K$6K5xas long as short
Bulk MON-USD+0.0100%1h0.02505+0.002%$103K−$010xas long as short
Extended MON-USD+0.0104%1h0.02508+0.138%$50K$318K10xas long as short
Aevo MON-PERP+0.0104%1h0.02502−0.126%$38K3xas long as short
01 Exchange MONUSD+0.0184%1h0.02510+0.185%$6K$3K5xas long as short
GMX MON/USD [ETH-USDC]L +0.0231% / S −0.0246%1h0.02503−0.090%$6K50xas long as short
BloFin MON-USDT+0.0340%4h0.02500−0.198%$1.3M$333K75xas long as short
Aftermath Perps MONUSD+0.0499%1h0.02506+0.058%$5K$103K10xas long as short
Coinbase International MON-PERP-INTX+0.0744%1h0.02515+0.405%$111K$54K50xas long as short
Kraken Futures PF_MONUSD+0.0799%1h0.02504−0.024%$269K$118K10xas long as short