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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0104%/8h= −11.4% APRnext payment $0.13 per $10,000 · paid last 24h +0.025%
Price spread now: Deribit against Extended−0.082%7-day average −0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$710.706% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.013%+$1 on $10k
Price spread, last 3 days (all we have)+0.293%+$29 · spread now −0.082%, 7d avg −0.077%
Together, before fees+0.306%+ Points / potential airdropExtended: Active · farm board+$31 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.077%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended MON-USD0.025790.0104pay 0.0013% / 1h17m 49s$52K$407K10x
ShortDeribit MON_USDC-PERPETUAL0.025760get 0.0000% / 1h17m 49s$70K$119K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Extended. 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
−$21.84
Price spread: −0.082% → −0.077%
−$0.53
Slippage, 4 orders
−$58.62
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$92.99
Costs to cover
0.706%
Break-even
never at this rate
Slippage from Extended: live order book, 65 min ago; Deribit: live order book, 41 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 Extended live order book, 65 min ago3.85 bp25.4 bp −$25237.2 bp −$2,372doesn't fitdoesn't fit
Sell Deribit live order book, 41 min ago6.39 bp9.9 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
Injective MON/USDC PERP−0.0053%1h0.02582+0.131%$6K$1085.5xas long as short
Bybit MONUSDT−0.0053%8h0.02571−0.284%$21.3M$11.8M50xas long as short
01 Exchange MONUSD0.0000%1h0.02575−0.148%$6K$1K5xas long as short
Phoenix MON0.0000%1h0.02577−0.079%$13K$362K5xas long as short
Perpl MON0.0000%43m0.02576−0.090%$143K$1.8M10xas long as short
Deribit MON_USDC-PERPETUALshort0.0000%1h0.02576−0.082%$70K$119K25x
Aftermath Perps MONUSD+0.0020%1h0.02577−0.046%$2K$73K10xas long as short
Orderly PERP_MON_USDC+0.0067%4h0.02574−0.179%$17K$64K10xas long as short
Paradex MON-USD-PERP+0.0085%8h0.02573−0.201%$8K$425xas long as short
Lighter MON+0.0096%1h0.02576−0.102%$853K$773K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado MON-PERP+0.0100%1h0.02579+0.020%$388K$539K10xas long as short
Hyperliquid MON+0.0100%1h0.02579+0.022%$34.9M$7.4M5xas long as short
Aster MONUSDT+0.0100%4h0.02577−0.063%$108K$231K10xas long as short
dYdX MON-USD+0.0100%1h0.02577−0.070%$13K5xas long as short
Pacifica MON+0.0100%1h0.02576−0.090%$142K$104K3xas long as short
Binance MONUSDT+0.0100%4h0.02575−0.137%$24.5M$24.6M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02576−0.102%$4.4M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02578−0.041%$108K$3K10xas long as short
Gate MON_USDT+0.0100%4h0.02576−0.102%$1.0M$872K50xas long as short
Bitget MONUSDT+0.0100%4h0.02576−0.102%$2.7M$1.8M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02575−0.160%$128K$143K10xas long as short
Variational Omni MON+0.0100%8h0.02575−0.153%$780K$407Kas long as short
edgeX MONUSDC+0.0100%4h0.02577−0.045%$47K$243K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02579+0.015%$579K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02578−0.024%$69K$480K50xas long as short
SoDEX MON-USD+0.0100%1h0.02575−0.141%$5K$6K5xas long as short
Extended MON-USDlong+0.0104%1h0.02579long leg$52K$407K10x
Aevo MON-PERP+0.0104%1h0.02574−0.168%$39K3xas long as short
Kraken Futures PF_MONUSD+0.0174%1h0.02579+0.017%$271K$78K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0598%1h0.02576−0.086%$9K50xas long as short
KuCoin MONUSDTM+0.0296%4h0.02582+0.131%$3.2M$695K75xas long as short
BloFin MON-USDT+0.0340%4h0.02577−0.063%$1.3M$293K75xas long as short
Coinbase International MON-PERP-INTX+0.0536%1h0.02607+1.089%$114K$49K50xas long as short