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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Gate−0.121%7-day average −0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$900.895% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.003%$0 on $10k
Price spread, last 7 days+0.054%+$5 · spread now −0.121%, 7d avg −0.057%
Together, before fees+0.056%+$6 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: OKX is 0.065% cheaper against Gate than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.057%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate MON_USDT0.024770.0100pay 0.0050% / 4h2h 33m$923K$1.0M50x
ShortOKX MON-USDT-SWAP0.024740.0100get 0.0050% / 4h2h 33m$4.1M$6.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Gate. 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: −0.121% → −0.057%
−$6.46
Slippage, 4 orders
−$64.54
Fee Gate: 7.5 bp × 2 orders
−$15
Fee OKX: 5 bp × 2 orders
−$10
Net
−$96
Costs to cover
0.895%
Break-even
never at this rate
Slippage from Gate: live order book, 3 min ago; OKX: live order book, 4 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 Gate live order book, 3 min ago6.03 bp27.7 bp −$28doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 4 min ago2.01 bp17.5 bp −$1789.4 bp −$894doesn'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−0.0120%1h0.02478+0.032%$115K$156K10xas long as short
Bybit MONUSDT0.0000%8h0.02473−0.149%$20.3M$13.6M50xas long as short
Phoenix MON0.0000%1h0.02484+0.270%$12K$355K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02476−0.040%$73K$136K25xas long as short
Injective MON/USDC PERP+0.0039%1h0.02496+0.767%$5K$1115.5xas long as short
01 Exchange MONUSD+0.0040%1h0.02479+0.097%$6K$1K5xas long as short
Orderly PERP_MON_USDC+0.0083%4h0.02478+0.040%$16K$48K10xas long as short
Lighter MON+0.0096%1h0.02475−0.081%$828K$743K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02479+0.064%$7K$425xas long as short
Nado MON-PERP+0.0100%1h0.02481+0.161%$403K$579K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MON+0.0100%1h0.02476−0.048%$33.2M$7.6M5xas long as short
Aster MONUSDT+0.0100%4h0.02479+0.085%$98K$220K10xas long as short
dYdX MON-USD+0.0100%1h0.02480+0.133%$12K5xas long as short
Pacifica MON+0.0100%1h0.02481+0.170%$137K$92K3xas long as short
Binance MONUSDT+0.0100%4h0.02476−0.059%$23.5M$27.3M75xas long as short
OKX MON-USDT-SWAPshort+0.0100%4h0.02474−0.121%$4.1M$6.0M50x
Bulk MON-USD+0.0100%1h0.02490+0.525%$102K$1K10xas long as short
Gate MON_USDTlong+0.0100%4h0.02477long leg$923K$1.0M50x
KuCoin MONUSDTM+0.0100%4h0.02481+0.161%$2.8M$763K75xas long as short
Bitget MONUSDT+0.0100%4h0.024770.000%$2.7M$2.2M25xas long as short
Variational Omni MON+0.0100%8h0.02482+0.207%$737K$405Kas long as short
edgeX MONUSDC+0.0100%4h0.02483+0.253%$41K$250K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02488+0.430%$560K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02487+0.404%$68K$529K50xas long as short
SoDEX MON-USD+0.0100%1h0.02475−0.081%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02478+0.049%$47K$288K10xas long as short
Aevo MON-PERP+0.0104%1h0.02475−0.085%$37K3xas long as short
Aftermath Perps MONUSD+0.0214%1h0.02486+0.346%$5K$81K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0230% / S −0.0246%1h0.024770.000%$6K50xas long as short
BloFin MON-USDT+0.0340%4h0.02491+0.565%$1.3M$345K75xas long as short
Perpl MON+0.0447%43m0.02481+0.145%$113K$2.2M10xas long as short
Coinbase International MON-PERP-INTX+0.0456%1h0.02530+2.140%$110K$54K50xas long as short
Kraken Futures PF_MONUSD+0.1027%1h0.02479+0.061%$266K$114K10xas long as short