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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.005%
Price spread now: Nado against edgeX+0.141%7-day average +0.181% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$590.589% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.002%$0 on $10k
Price spread, last 4 days (all we have)+0.030%+$3 · spread now +0.141%, 7d avg +0.181%
Together, before fees+0.032%+ Points / potential airdropedgeX: Active · Nado: Active · farm board+$3 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: Nado is 0.040% cheaper against edgeX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.181%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX MONUSDC0.025260.0100pay 0.0050% / 4h1h 52m$43K$247K10x
ShortNado MON-PERP0.025290.0100get 0.0012% / 1h52m 45s$405K$539K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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: +0.141% → +0.181%
−$4.05
Slippage, 4 orders
−$42.87
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$62.92
Costs to cover
0.589%
Break-even
never at this rate
Slippage from edgeX: live order book, 10 min ago; Nado: live order book, 10 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, 10 min ago7.88 bp19.4 bp −$19doesn't fitdoesn't fitdoesn't fit
Sell Nado live order book, 10 min ago1.77 bp10.8 bp −$11doesn't fitdoesn't fitdoesn't fit

MON on 32 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 MON−0.0316%1h0.02527+0.073%$13K$367K5xas long as short
Injective MON/USDC PERP−0.0253%1h0.02531+0.216%$5K$1065.5xas long as short
Bybit MONUSDT−0.0057%8h0.02533+0.307%$20.8M$12.8M50xas long as short
Backpack MON_USDC_PERP−0.0049%1h0.02534+0.335%$118K$148K10xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02533+0.279%$68K$125K25xas long as short
01 Exchange MONUSD+0.0032%1h0.02527+0.046%$6K$1K5xas long as short
Orderly PERP_MON_USDC+0.0077%4h0.02531+0.216%$16K$51K10xas long as short
Lighter MON+0.0096%1h0.02540+0.572%$846K$738K10xas long as short
Paradex MON-USD-PERP+0.0099%8h0.02525−0.005%$8K$425xas long as short
Nado MON-PERPshort+0.0100%1h0.02529+0.141%$405K$539K10x
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MON+0.0100%1h0.02539+0.517%$34.4M$7.4M5xas long as short
Aster MONUSDT+0.0100%4h0.02533+0.284%$101K$229K10xas long as short
dYdX MON-USD+0.0100%1h0.02530+0.168%$13K5xas long as short
Pacifica MON+0.0100%1h0.02530+0.161%$140K$93K3xas long as short
Binance MONUSDT+0.0100%4h0.02535+0.379%$24.2M$25.9M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02534+0.335%$4.2M$5.8M50xas long as short
Bulk MON-USD+0.0100%1h0.02530+0.176%$105K$4K10xas long as short
Gate MON_USDT+0.0100%4h0.02532+0.256%$951K$913K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02532+0.256%$2.9M$742K75xas long as short
Bitget MONUSDT+0.0100%4h0.02536+0.414%$2.7M$2.0M25xas long as short
Variational Omni MON+0.0100%8h0.02538+0.496%$750K$404Kas long as short
edgeX MONUSDClong+0.0100%4h0.02526long leg$43K$247K10x
GRVT MON_USDT_Perp+0.0100%4h0.02527+0.048%$565K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02524−0.061%$68K$498K50xas long as short
SoDEX MON-USD+0.0100%1h0.02531+0.216%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02537+0.442%$48K$518K10xas long as short
Aevo MON-PERP+0.0104%1h0.02532+0.236%$38K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02531+0.232%$9K50xas long as short
Aftermath Perps MONUSD+0.0317%1h0.02532+0.255%$2K$74K10xas long as short
Perpl MON+0.0447%43m0.02530+0.168%$105K$2.3M10xas long as short
Kraken Futures PF_MONUSD+0.0491%1h0.02533+0.282%$267K$97K10xas long as short
Coinbase International MON-PERP-INTX+0.0536%1h0.02535+0.359%$111K$51K50xas long as short