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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0160%/8h= −17.5% APRnext payment $0.20 per $10,000 · paid last 24h −0.037%
Price spread now: ApeX Omni against GMX+0.138%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. ApeX Omni is 0.138% dearer against GMX than usual: you sell high and buy low (spread +0.138% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 2.9 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX MON/USD [ETH-USDC]0.02535L +0.0260% / S −0.0429%pay 0.0033% / 1h29m 26s$9K50x
ShortApeX Omni MONUSDT0.025390.0100get 0.0013% / 1h29m 26s$68K$502K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against GMX. 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
−$33.63
Price spread: +0.138% → 0.000%
$13.8
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$41.83
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; ApeX Omni: live order book, 33 min ago. 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 GMX no order-book sample
Sell ApeX Omni live order book, 33 min ago9.85 bp18.4 bp −$18109.4 bp −$1,094doesn't fitdoesn't fit
GMX: 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
Phoenix MON−0.0316%1h0.02540+0.177%$13K$367K5xas long as short
Injective MON/USDC PERP−0.0253%1h0.02535−0.020%$6K$1115.5xas long as short
Backpack MON_USDC_PERP−0.0235%1h0.02539+0.134%$114K$151K10xas long as short
Bybit MONUSDT−0.0138%8h0.02533−0.118%$20.8M$12.9M50xas long as short
01 Exchange MONUSD0.0000%1h0.02536+0.035%$6K$1K5xas long as short
Perpl MON0.0000%43m0.02536+0.008%$105K$2.3M10xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02539+0.130%$68K$125K25xas long as short
Orderly PERP_MON_USDC+0.0085%4h0.02535−0.020%$16K$51K10xas long as short
Lighter MON+0.0096%1h0.02539+0.138%$846K$738K10xas long as short
Paradex MON-USD-PERP+0.0099%8h0.02535−0.021%$8K$425xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MON+0.0100%1h0.02537+0.059%$34.4M$7.4M5xas long as short
Aster MONUSDT+0.0100%4h0.02537+0.077%$101K$229K10xas long as short
dYdX MON-USD+0.0100%1h0.02538+0.118%$13K5xas long as short
Pacifica MON+0.0100%1h0.02536+0.032%$140K$93K3xas long as short
Binance MONUSDT+0.0100%4h0.02535−0.006%$24.2M$26.1M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02533−0.099%$4.2M$5.8M50xas long as short
Gate MON_USDT+0.0100%4h0.02536+0.020%$953K$928K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02536+0.020%$2.9M$742K75xas long as short
Bitget MONUSDT+0.0100%4h0.02536+0.020%$2.7M$2.0M25xas long as short
Variational Omni MON+0.0100%8h0.02535−0.001%$753K$405Kas long as short
edgeX MONUSDC+0.0100%4h0.02534−0.077%$42K$250K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02540+0.178%$568K$1.5M10xas long as short
ApeX Omni MONUSDTshort+0.0100%1h0.02539+0.138%$68K$502K50x
Nado MON-PERP+0.0100%1h0.02539+0.136%$408K$541K10xas long as short
SoDEX MON-USD+0.0100%1h0.02538+0.099%$5K$6K5xas long as short
Bulk MON-USD+0.0100%1h0.02530−0.217%$105K$4K10xas long as short
Extended MON-USD+0.0104%1h0.02538+0.108%$50K$516K10xas long as short
Aevo MON-PERP+0.0104%1h0.02538+0.106%$38K3xas long as short
Aftermath Perps MONUSD+0.0233%1h0.02535−0.020%$2K$74K10xas long as short
GMX MON/USD [ETH-USDC]longL +0.0260% / S −0.0429%1h0.02535long leg$9K50x
BloFin MON-USDT+0.0340%4h0.02539+0.138%$1.3M$322K75xas long as short
Kraken Futures PF_MONUSD+0.0490%1h0.02540+0.166%$270K$100K10xas long as short
Coinbase International MON-PERP-INTX+0.0536%1h0.02542+0.237%$111K$52K50xas long as short