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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0161%/8h= −17.6% APRnext payment $0.20 per $10,000 · paid last 24h −0.037%
Price spread now: SoDEX against GMX+0.008%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 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]0.02566L +0.0261% / S −0.0598%pay 0.0033% / 1h1m 41s$8K50x
ShortSoDEX MON-USD0.025660.0100get 0.0013% / 1h1m 41s$5K$6K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$33.73
Price spread: +0.008% → 0.000%
$0.78
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$52.95
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; SoDEX: 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 SoDEX no order-book sample
GMX and SoDEX: 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−0.0444%1h0.02570+0.164%$6K$1085.5xas long as short
01 Exchange MONUSD−0.0016%1h0.02558−0.296%$6K$1K5xas long as short
Phoenix MON0.0000%1h0.02592+1.033%$13K$351K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02567+0.043%$69K$119K25xas long as short
Orderly PERP_MON_USDC+0.0063%4h0.02565−0.031%$17K$59K10xas long as short
Paradex MON-USD-PERP+0.0093%8h0.02563−0.104%$8K$425xas long as short
Lighter MON+0.0096%1h0.02568+0.086%$855K$755K10xas long as short
Bybit MONUSDT+0.0096%8h0.02562−0.129%$21.3M$12.2M50xas long as short
Nado MON-PERP+0.0100%1h0.02571+0.199%$394K$524K10xas long as short
Aster MONUSDT+0.0100%4h0.02567+0.047%$107K$231K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX MON-USD+0.0100%1h0.02566+0.019%$13K5xas long as short
Pacifica MON+0.0100%1h0.02567+0.055%$142K$103K3xas long as short
Binance MONUSDT+0.0100%4h0.02566−0.010%$24.6M$25.4M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02563−0.109%$4.3M$5.8M50xas long as short
Bulk MON-USD+0.0100%1h0.02595+1.138%$108K$4K10xas long as short
Gate MON_USDT+0.0100%4h0.02565−0.031%$965K$932K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02574+0.320%$2.9M$729K75xas long as short
Bitget MONUSDT+0.0100%4h0.02565−0.031%$2.8M$1.9M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02567+0.055%$124K$150K10xas long as short
Variational Omni MON+0.0100%8h0.02582+0.632%$776K$410Kas long as short
edgeX MONUSDC+0.0100%4h0.02571+0.211%$44K$249K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02586+0.787%$578K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02568+0.086%$68K$488K50xas long as short
SoDEX MON-USDshort+0.0100%1h0.02566+0.008%$5K$6K5x
Extended MON-USD+0.0104%1h0.02568+0.101%$49K$520K10xas long as short
Aevo MON-PERP+0.0104%1h0.02566+0.012%$39K3xas long as short
Hyperliquid MON+0.0120%1h0.02569+0.121%$35.0M$7.5M5xas long as short
Aftermath Perps MONUSD+0.0224%1h0.02583+0.660%$4K$74K10xas long as short
GMX MON/USD [ETH-USDC]longL +0.0261% / S −0.0598%1h0.02566long leg$8K50x
BloFin MON-USDT+0.0340%4h0.02570+0.164%$1.3M$306K75xas long as short
Perpl MON+0.0447%43m0.02568+0.094%$116K$2.1M10xas long as short
Kraken Futures PF_MONUSD+0.0465%1h0.02569+0.136%$270K$78K10xas long as short
Coinbase International MON-PERP-INTX+0.0808%1h0.02608+1.653%$114K$52K50xas long as short