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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: edgeX against Extended+0.219%7-day average −0.136% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$940.943% 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)+0.212%+$21 · spread now +0.219%, 7d avg −0.136%
Together, before fees+0.204%+ Points / potential airdropExtended: Active · edgeX: Active · farm board+$20 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: edgeX is 0.355% dearer against Extended than usual: you sell high and buy low, +$36 on $10k if it goes back to its 7-day average of −0.136%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended MON-USD0.025050.0104pay 0.0013% / 1h33m 13s$60K$328K10x
ShortedgeX MONUSDC0.025100.0100get 0.0050% / 4h3h 33m$41K$251K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
−$0.84
Price spread: +0.219% → −0.136%
$35.52
Slippage, 4 orders
−$80.29
Fee Extended: 2.5 bp × 2 orders
−$5
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$59.61
Costs to cover
0.943%
Break-even
never at this rate
Slippage from Extended: live order book, 64 min ago; edgeX: live order book, 64 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, 64 min ago6.01 bp28.0 bp −$28185.2 bp −$1,852doesn't fitdoesn't fit
Sell edgeX live order book, 64 min ago8.00 bp18.9 bp −$19doesn'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−0.0140%1h0.02504−0.038%$111K$157K10xas long as short
Injective MON/USDC PERP−0.0089%1h0.02505+0.002%$5K$1085.5xas long as short
Phoenix MON0.0000%1h0.02518+0.513%$13K$346K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02502−0.110%$73K$137K25xas long as short
Lighter MON+0.0096%1h0.02504−0.038%$805K$766K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02503−0.085%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02507+0.082%$389K$573K10xas long as short
Hyperliquid MON+0.0100%1h0.02506+0.049%$33.8M$7.8M5xas long as short
Aster MONUSDT+0.0100%4h0.02503−0.090%$99K$213K10xas long as short
dYdX MON-USD+0.0100%1h0.02507+0.073%$13K5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica MON+0.0100%1h0.02505+0.002%$139K$91K3xas long as short
Binance MONUSDT+0.0100%4h0.02503−0.078%$23.8M$27.5M75xas long as short
Bybit MONUSDT+0.0100%8h0.02502−0.118%$20.9M$13.9M50xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02503−0.078%$4.2M$6.2M50xas long as short
Bulk MON-USD+0.0100%1h0.02520+0.584%$103K−$010xas long as short
Gate MON_USDT+0.0100%4h0.02502−0.118%$938K$1.0M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02505+0.002%$2.9M$771K75xas long as short
Bitget MONUSDT+0.0100%4h0.02504−0.038%$2.7M$2.3M25xas long as short
Variational Omni MON+0.0100%8h0.02510+0.185%$747K$392Kas long as short
edgeX MONUSDCshort+0.0100%4h0.02510+0.219%$41K$251K10x
GRVT MON_USDT_Perp+0.0100%4h0.02513+0.321%$559K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02518+0.520%$68K$544K50xas long as short
Orderly PERP_MON_USDC+0.0100%4h0.02503−0.078%$16K$40K10xas long as short
SoDEX MON-USD+0.0100%1h0.02503−0.078%$5K$6K5xas long as short
Extended MON-USDlong+0.0104%1h0.02505long leg$60K$328K10x
Aevo MON-PERP+0.0104%1h0.02500−0.178%$38K3xas long as short
01 Exchange MONUSD+0.0120%1h0.02501−0.158%$6K$3K5xas long as short
GMX MON/USD [ETH-USDC]L +0.0231% / S −0.0246%1h0.02501−0.146%$6K50xas long as short
BloFin MON-USDT+0.0340%4h0.02501−0.158%$1.3M$369K75xas long as short
Perpl MON+0.0447%43m0.02509+0.157%$119K$2.2M10xas long as short
Aftermath Perps MONUSD+0.0477%1h0.02513+0.317%$5K$103K10xas long as short
Coinbase International MON-PERP-INTX+0.0744%1h0.02525+0.800%$111K$54K50xas long as short
Kraken Futures PF_MONUSD+0.0799%1h0.02506+0.045%$269K$118K10xas long as short