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% APRpaid last 24h −0.037%
Price spread now: edgeX against GMX−0.011%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropedgeX: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX MON/USD [ETH-USDC]0.02518L +0.0260% / S −0.0429%pay 0.0032% / 1h5m 13s$9K50x
ShortedgeX MONUSDC0.025180.0100get 0.0050% / 4h1h 05m$41K$250K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
−$33.57
Price spread: −0.011% → 0.000%
−$1.08
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$55.65
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; edgeX: live order book, 57 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 edgeX live order book, 57 min ago7.88 bp18.8 bp −$19doesn't fitdoesn'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%1h0.02516−0.095%$12K$367K5xas long as short
Backpack MON_USDC_PERP−0.0263%1h0.02521+0.115%$111K$152K10xas long as short
Injective MON/USDC PERP−0.0253%1h0.02528+0.385%$5K$1125.5xas long as short
Bybit MONUSDT−0.0134%8h0.02519+0.028%$20.7M$13.1M50xas long as short
01 Exchange MONUSD−0.0080%1h0.02517−0.052%$6K$1K5xas long as short
Deribit MON_USDC-PERPETUAL−0.0028%1h0.02518−0.020%$68K$126K25xas long as short
Perpl MON0.0000%43m0.02520+0.083%$104K$2.3M10xas long as short
Orderly PERP_MON_USDC+0.0084%4h0.02517−0.052%$16K$46K10xas long as short
Lighter MON+0.0096%1h0.02520+0.068%$840K$738K10xas long as short
Paradex MON-USD-PERP+0.0099%8h0.02515−0.112%$8K$425xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado MON-PERP+0.0100%1h0.02522+0.153%$411K$543K10xas long as short
Hyperliquid MON+0.0100%1h0.02522+0.159%$34.1M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02520+0.084%$101K$222K10xas long as short
dYdX MON-USD+0.0100%1h0.02520+0.054%$13K5xas long as short
Pacifica MON+0.0100%1h0.02518−0.012%$139K$92K3xas long as short
Binance MONUSDT+0.0100%4h0.02518−0.012%$23.9M$26.7M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02518−0.012%$4.2M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02520+0.084%$103K$5K10xas long as short
Gate MON_USDT+0.0100%4h0.02520+0.068%$950K$971K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02519+0.028%$2.9M$746K75xas long as short
Bitget MONUSDT+0.0100%4h0.02522+0.147%$2.7M$2.1M25xas long as short
Variational Omni MON+0.0100%8h0.02516−0.111%$747K$405Kas long as short
edgeX MONUSDCshort+0.0100%4h0.02518−0.011%$41K$250K10x
GRVT MON_USDT_Perp+0.0100%4h0.02524+0.226%$565K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02523+0.187%$68K$504K50xas long as short
SoDEX MON-USD+0.0100%1h0.02516−0.091%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02519+0.032%$48K$513K10xas long as short
Aevo MON-PERP+0.0104%1h0.02517−0.032%$38K3xas long as short
Aftermath Perps MONUSD+0.0254%1h0.02523+0.192%$2K$74K10xas long as short
GMX MON/USD [ETH-USDC]longL +0.0260% / S −0.0429%1h0.02518long leg$9K50x
BloFin MON-USDT+0.0340%4h0.02516−0.091%$1.3M$325K75xas long as short
Kraken Futures PF_MONUSD+0.0494%1h0.02520+0.060%$268K$113K10xas long as short
Coinbase International MON-PERP-INTX+0.0536%1h0.02534+0.623%$112K$57K50xas long as short