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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0034%/8h= −3.7% APRpaid last 24h −0.001%
Price spread now: Orderly against Extended−0.163%7-day average · you buy dearer than you sell
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−0.070%−$7 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Orderly is 0.163% cheaper against Extended than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended MON-USD0.025610.0104pay 0.0013% / 1h55m 41s$51K$404K10x
ShortOrderly PERP_MON_USDC0.025570.0070get 0.0035% / 4h3h 55m$17K$64K10x

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
−$7.17
Price spread: −0.163% → 0.000%
−$16.29
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$34.46
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 17 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, 17 min ago5.87 bp28.0 bp −$28279.4 bp −$2,794doesn'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
Injective MON/USDC PERP−0.0444%1h0.02559−0.085%$6K$1045.5xas long as short
Bybit MONUSDT−0.0167%8h0.02553−0.303%$21.1M$12.1M50xas long as short
Backpack MON_USDC_PERP−0.0008%1h0.02559−0.089%$127K$141K10xas long as short
Phoenix MON0.0000%1h0.02559−0.069%$13K$351K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02558−0.128%$69K$119K25xas long as short
01 Exchange MONUSD+0.0016%1h0.02559−0.089%$6K$1K5xas long as short
Orderly PERP_MON_USDCshort+0.0070%4h0.02557−0.163%$17K$64K10x
Lighter MON+0.0096%1h0.02558−0.124%$849K$739K10xas long as short
Paradex MON-USD-PERP+0.0097%8h0.02554−0.269%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02560−0.040%$390K$541K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MON+0.0100%1h0.02560−0.061%$34.6M$7.7M5xas long as short
Aster MONUSDT+0.0100%4h0.02559−0.075%$106K$231K10xas long as short
dYdX MON-USD+0.0100%1h0.02559−0.080%$13K5xas long as short
Pacifica MON+0.0100%1h0.02557−0.155%$141K$104K3xas long as short
Binance MONUSDT+0.0100%4h0.02557−0.155%$24.4M$25.5M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02553−0.319%$4.3M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02560−0.046%$107K−$010xas long as short
Gate MON_USDT+0.0100%4h0.02558−0.124%$978K$889K50xas long as short
Bitget MONUSDT+0.0100%4h0.02557−0.163%$2.7M$1.9M25xas long as short
Variational Omni MON+0.0100%8h0.02556−0.196%$772K$407Kas long as short
edgeX MONUSDC+0.0100%4h0.02561+0.005%$47K$243K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02565+0.149%$581K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02565+0.149%$68K$482K50xas long as short
SoDEX MON-USD+0.0100%1h0.02557−0.163%$5K$6K5xas long as short
Extended MON-USDlong+0.0104%1h0.02561long leg$51K$404K10x
Aevo MON-PERP+0.0104%1h0.02558−0.112%$39K3xas long as short
Aftermath Perps MONUSD+0.0118%1h0.02561−0.023%$3K$75K10xas long as short
KuCoin MONUSDTM+0.0230%4h0.02564+0.110%$3.0M$720K75xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0598%1h0.02557−0.175%$8K50xas long as short
BloFin MON-USDT+0.0340%4h0.02558−0.124%$1.3M$306K75xas long as short
Perpl MON+0.0447%43m0.02557−0.155%$124K$1.8M10xas long as short
Kraken Futures PF_MONUSD+0.0467%1h0.02560−0.029%$269K$78K10xas long as short
Coinbase International MON-PERP-INTX+0.0808%1h0.02609+1.864%$115K$50K50xas long as short