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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0005%/8h= −0.5% APRpaid last 24h 0.000%
Price spread now: Paradex against Gate−0.009%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate MON_USDT0.025620.0100pay 0.0050% / 4h23m 21s$975K$909K50x
ShortParadex MON-USD-PERP0.025620.0095get 0.0095% / 8h23m 21s$8K$425x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$1.02
Price spread: −0.009% → 0.000%
−$0.85
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$20.88
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 54 min ago; Paradex: 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 Gate live order book, 54 min ago7.76 bp21.1 bp −$21doesn't fitdoesn't fitdoesn't fit
Sell Paradex no order-book sample
Paradex: 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−0.0121%1h0.02576+0.546%$6K$1075.5xas long as short
01 Exchange MONUSD−0.0064%1h0.02561−0.027%$6K$1K5xas long as short
Bybit MONUSDT−0.0028%8h0.02559−0.113%$21.2M$12.1M50xas long as short
Phoenix MON0.0000%1h0.02568+0.234%$13K$360K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02563+0.047%$69K$119K25xas long as short
Orderly PERP_MON_USDC+0.0068%4h0.02560−0.078%$17K$64K10xas long as short
Paradex MON-USD-PERPshort+0.0095%8h0.02562−0.009%$8K$425x
Lighter MON+0.0096%1h0.02565+0.117%$852K$794K10xas long as short
Nado MON-PERP+0.0100%1h0.02566+0.163%$390K$544K10xas long as short
Hyperliquid MON+0.0100%1h0.02566+0.172%$34.8M$7.6M5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MONUSDT+0.0100%4h0.02564+0.081%$107K$231K10xas long as short
dYdX MON-USD+0.0100%1h0.02565+0.110%$13K5xas long as short
Pacifica MON+0.0100%1h0.02562+0.016%$141K$105K3xas long as short
Binance MONUSDT+0.0100%4h0.02563+0.039%$24.4M$25.4M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02559−0.117%$4.3M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02570+0.312%$108K$39010xas long as short
Gate MON_USDTlong+0.0100%4h0.02562long leg$975K$909K50x
Bitget MONUSDT+0.0100%4h0.02564+0.078%$2.7M$1.9M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02563+0.035%$127K$141K10xas long as short
Variational Omni MON+0.0100%8h0.02566+0.145%$776K$408Kas long as short
edgeX MONUSDC+0.0100%4h0.02565+0.126%$47K$243K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02571+0.346%$582K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02567+0.195%$68K$482K50xas long as short
SoDEX MON-USD+0.0100%1h0.025620.000%$5K$6K5xas long as short
Aftermath Perps MONUSD+0.0102%1h0.02569+0.274%$3K$75K10xas long as short
Extended MON-USD+0.0104%1h0.02566+0.163%$51K$407K10xas long as short
Aevo MON-PERP+0.0104%1h0.02563+0.023%$39K3xas long as short
KuCoin MONUSDTM+0.0246%4h0.02568+0.234%$3.0M$717K75xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0598%1h0.02563+0.031%$8K50xas long as short
BloFin MON-USDT+0.0340%4h0.02564+0.078%$1.4M$307K75xas long as short
Kraken Futures PF_MONUSD+0.0421%1h0.02568+0.216%$270K$78K10xas long as short
Perpl MON+0.0447%43m0.02563+0.047%$125K$1.8M10xas long as short
Coinbase International MON-PERP-INTX+0.0480%1h0.02609+1.831%$115K$50K50xas long as short