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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0748%/8h= +81.9% APRpaid last 24h +0.188%
Price spread now: Kraken Futures against edgeX+0.139%7-day average +0.134% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1021.018% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.629%+$63 on $10k
Price spread, last 4 days (all we have)+0.324%+$32 · spread now +0.139%, 7d avg +0.134%
Together, before fees+0.953%+ Points / potential airdropedgeX: Active · farm board+$95 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.134%, so right now this pair is about funding alone: +$22 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX MONUSDC0.024900.0100pay 0.0050% / 4h1h 28m$41K$251K10x
ShortKraken Futures PF_MONUSD0.024930.0848get 0.0106% / 1h28m 21s$268K$119K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$157.03
Price spread: +0.139% → +0.134%
$0.56
Slippage, 4 orders
−$82.79
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$55.81
Costs to cover
1.018%
Break-even
4.5 days
Slippage from edgeX: live order book, 14 min ago; Kraken Futures: live order book, 14 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, 14 min ago8.01 bp18.9 bp −$19doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures live order book, 14 min ago17.99 bp34.6 bp −$35432.3 bp −$4,323doesn'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
Phoenix MON0.0000%1h0.02487−0.097%$13K$353K5xas long as short
Bybit MONUSDT+0.0066%8h0.02487−0.105%$20.5M$13.7M50xas long as short
Orderly PERP_MON_USDC+0.0085%4h0.02489−0.025%$16K$48K10xas long as short
Lighter MON+0.0096%1h0.02492+0.096%$799K$787K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02491+0.048%$7K$425xas long as short
Nado MON-PERP+0.0100%1h0.02494+0.176%$396K$572K10xas long as short
Aster MONUSDT+0.0100%4h0.02490+0.011%$99K$221K10xas long as short
dYdX MON-USD+0.0100%1h0.02487−0.108%$12K5xas long as short
Pacifica MON+0.0100%1h0.02491+0.036%$138K$91K3xas long as short
Binance MONUSDT+0.0100%4h0.02489−0.038%$23.7M$27.6M75xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX MON-USDT-SWAP+0.0100%4h0.02489−0.025%$4.2M$6.1M50xas long as short
Bulk MON-USD+0.0100%1h0.02485−0.185%$102K$1K10xas long as short
Gate MON_USDT+0.0100%4h0.02489−0.025%$927K$1.0M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02494+0.176%$2.9M$767K75xas long as short
Bitget MONUSDT+0.0100%4h0.02489−0.025%$2.7M$2.3M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02492+0.104%$109K$156K10xas long as short
Variational Omni MON+0.0100%8h0.02489−0.042%$738K$411Kas long as short
edgeX MONUSDClong+0.0100%4h0.02490long leg$41K$251K10x
GRVT MON_USDT_Perp+0.0100%4h0.02492+0.076%$562K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02489−0.025%$68K$536K50xas long as short
SoDEX MON-USD+0.0100%1h0.02490+0.016%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02492+0.104%$48K$266K10xas long as short
Aevo MON-PERP+0.0104%1h0.02489−0.041%$38K3xas long as short
Injective MON/USDC PERP+0.0109%1h0.02489−0.025%$5K$1115.5xas long as short
GMX MON/USD [ETH-USDC]L +0.0230% / S −0.0246%1h0.02491+0.048%$6K50xas long as short
Deribit MON_USDC-PERPETUAL+0.0232%1h0.02491+0.076%$72K$138K25xas long as short
Aftermath Perps MONUSD+0.0233%1h0.02491+0.068%$6K$100K10xas long as short
01 Exchange MONUSD+0.0240%1h0.02490+0.016%$6K$3K5xas long as short
BloFin MON-USDT+0.0340%4h0.02490+0.016%$1.3M$347K75xas long as short
Hyperliquid MON+0.0385%1h0.02492+0.108%$33.7M$7.8M5xas long as short
Perpl MON+0.0447%43m0.02490+0.020%$124K$2.2M10xas long as short
Coinbase International MON-PERP-INTX+0.0576%1h0.02496+0.257%$110K$54K50xas long as short
Kraken Futures PF_MONUSDshort+0.0848%1h0.02493+0.139%$268K$119K10x