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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0130%/8h= −14.3% APRnext payment $0.16 per $10,000 · paid last 24h −0.041%
Price spread now: dYdX against GMX+0.038%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. dYdX is 0.038% dearer against GMX than usual: you sell high and buy low (spread +0.038% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 23 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX MON/USD [ETH-USDC]0.02499L +0.0230% / S −0.0246%pay 0.0029% / 1h51m 13s$6K50x
ShortdYdX MON-USD0.025000.0100get 0.0013% / 1h51m 13s$12K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$27.4
Price spread: +0.038% → 0.000%
$3.8
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$45.6
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; dYdX: 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 GMX no order-book sample
Sell dYdX no order-book sample
GMX and dYdX: 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−0.0032%1h0.02500+0.036%$5K$1105.5xas long as short
Phoenix MON0.0000%1h0.02499−0.004%$13K$349K5xas long as short
Perpl MON0.0000%43m0.02501+0.064%$127K$2.2M10xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02499−0.016%$72K$138K25xas long as short
Orderly PERP_MON_USDC+0.0092%4h0.02499−0.004%$16K$42K10xas long as short
Lighter MON+0.0096%1h0.02499−0.004%$801K$785K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02500+0.034%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02503+0.165%$393K$577K10xas long as short
Aster MONUSDT+0.0100%4h0.02499+0.002%$99K$213K10xas long as short
dYdX MON-USDshort+0.0100%1h0.02500+0.038%$12K5x
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica MON+0.0100%1h0.02502+0.124%$138K$92K3xas long as short
Binance MONUSDT+0.0100%4h0.02498−0.044%$23.7M$27.6M75xas long as short
Bybit MONUSDT+0.0100%8h0.02496−0.112%$20.7M$13.8M50xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02497−0.084%$4.2M$6.2M50xas long as short
Bulk MON-USD+0.0100%1h0.02500+0.036%$103K−$010xas long as short
Gate MON_USDT+0.0100%4h0.02500+0.036%$931K$1.0M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02499−0.004%$2.9M$766K75xas long as short
Bitget MONUSDT+0.0100%4h0.02500+0.036%$2.7M$2.3M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02500+0.024%$109K$156K10xas long as short
Variational Omni MON+0.0100%8h0.02488−0.443%$738K$411Kas long as short
edgeX MONUSDC+0.0100%4h0.02497−0.102%$41K$250K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02500+0.034%$564K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02498−0.044%$68K$535K50xas long as short
SoDEX MON-USD+0.0100%1h0.02497−0.084%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02501+0.079%$47K$286K10xas long as short
Aevo MON-PERP+0.0104%1h0.02497−0.076%$38K3xas long as short
GMX MON/USD [ETH-USDC]longL +0.0230% / S −0.0246%1h0.02499long leg$6K50x
Hyperliquid MON+0.0303%1h0.02503+0.144%$33.8M$7.8M5xas long as short
01 Exchange MONUSD+0.0320%1h0.02501+0.084%$6K$3K5xas long as short
BloFin MON-USDT+0.0340%4h0.02499−0.004%$1.3M$344K75xas long as short
Aftermath Perps MONUSD+0.0530%1h0.02500+0.028%$6K$100K10xas long as short
Coinbase International MON-PERP-INTX+0.0680%1h0.02505+0.244%$111K$54K50xas long as short
Kraken Futures PF_MONUSD+0.1206%1h0.024990.000%$268K$119K10xas long as short