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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.008%
Price spread now: Orderly against Extended+0.167%7-day average · 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−0.050%−$5 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.167% dearer against Extended than usual: you sell high and buy low, +$17 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended MON-USD0.025420.0104pay 0.0013% / 1h54m 35s$61K$329K10x
ShortOrderly PERP_MON_USDC0.025460.0100get 0.0050% / 4h2h 54m$16K$36K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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: +0.167% → 0.000%
$16.71
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Orderly: 3 bp × 2 orders
−$6
Net
$4.87
Costs to cover
0.110%
Break-even
from the start
Slippage unknown: Extended: live order book, 38 min ago; Orderly: no order-book sample. 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 Extended live order book, 38 min ago6.01 bp28.0 bp −$28184.3 bp −$1,843doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0151%1h0.02545+0.120%$113K$152K10xas long as short
Phoenix MON0.0000%1h0.02557+0.580%$14K$307K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02546+0.183%$73K$133K25xas long as short
Injective MON/USDC PERP+0.0033%1h0.02505−1.446%$5K$1045.5xas long as short
Lighter MON+0.0096%1h0.02544+0.088%$830K$759K10xas long as short
01 Exchange MONUSD+0.0096%1h0.02543+0.053%$6K$3K5xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02542−0.002%$8K$425xas long as short
Hyperliquid MON+0.0100%1h0.02545+0.120%$34.3M$6.6M5xas long as short
Aster MONUSDT+0.0100%4h0.02544+0.090%$100K$202K10xas long as short
dYdX MON-USD+0.0100%1h0.02546+0.176%$13K5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica MON+0.0100%1h0.02542+0.022%$141K$89K3xas long as short
Binance MONUSDT+0.0100%4h0.02543+0.049%$24.5M$26.8M75xas long as short
Bybit MONUSDT+0.0100%8h0.02537−0.171%$21.2M$13.5M50xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02540−0.069%$4.2M$6.1M50xas long as short
Gate MON_USDT+0.0100%4h0.02544+0.088%$1.1M$1.1M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02546+0.167%$2.9M$765K75xas long as short
Bitget MONUSDT+0.0100%4h0.02544+0.088%$2.8M$2.3M25xas long as short
Variational Omni MON+0.0100%8h0.02549+0.266%$757K$375Kas long as short
edgeX MONUSDC+0.0100%4h0.02559+0.660%$42K$250K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02564+0.878%$581K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02563+0.836%$69K$545K50xas long as short
Nado MON-PERP+0.0100%1h0.02548+0.228%$392K$579K10xas long as short
Orderly PERP_MON_USDCshort+0.0100%4h0.02546+0.167%$16K$36K10x
SoDEX MON-USD+0.0100%1h0.02544+0.088%$5K$6K5xas long as short
Bulk MON-USD+0.0100%1h0.02555+0.522%$105K−$010xas long as short
Extended MON-USDlong+0.0104%1h0.02542long leg$61K$329K10x
Aevo MON-PERP+0.0104%1h0.02541−0.022%$38K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0231% / S −0.0246%1h0.02546+0.167%$6K50xas long as short
BloFin MON-USDT+0.0340%4h0.02562+0.797%$1.4M$401K75xas long as short
Perpl MON+0.0447%43m0.02547+0.199%$118K$2.1M10xas long as short
Aftermath Perps MONUSD+0.0668%1h0.02554+0.493%$4K$97K10xas long as short
Kraken Futures PF_MONUSD+0.0670%1h0.02548+0.252%$274K$117K10xas long as short
Coinbase International MON-PERP-INTX+0.0800%1h0.02575+1.312%$114K$53K50xas long as short