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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0116%/8h= −12.6% APRnext payment $0.14 per $10,000 · paid last 24h −0.005%
Price spread now: 01 Exchange 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: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX MON/USD [ETH-USDC]0.02498L +0.0260% / S −0.0429%pay 0.0032% / 1h49m 13s$9K50x
Short01 Exchange MONUSD0.024990.0144get 0.0018% / 1h49m 13s$6K$1K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$24.26
Price spread: +0.008% → 0.000%
$0.8
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$42.46
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; 01 Exchange: 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 01 Exchange no order-book sample
GMX and 01 Exchange: 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
Backpack MON_USDC_PERP−0.0001%1h0.02499+0.040%$110K$153K10xas long as short
Phoenix MON0.0000%1h0.02498−0.028%$12K$355K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02499+0.020%$73K$136K25xas long as short
Bybit MONUSDT+0.0016%8h0.02496−0.104%$20.5M$13.5M50xas long as short
Injective MON/USDC PERP+0.0039%1h0.02496−0.096%$5K$1115.5xas long as short
Orderly PERP_MON_USDC+0.0083%4h0.02498−0.016%$16K$48K10xas long as short
Lighter MON+0.0096%1h0.02499+0.024%$838K$732K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02497−0.042%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02500+0.044%$405K$588K10xas long as short
Hyperliquid MON+0.0100%1h0.02499+0.028%$33.6M$7.5M5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MONUSDT+0.0100%4h0.02500+0.067%$100K$218K10xas long as short
dYdX MON-USD+0.0100%1h0.02500+0.063%$12K5xas long as short
Pacifica MON+0.0100%1h0.02499+0.024%$138K$92K3xas long as short
Binance MONUSDT+0.0100%4h0.02497−0.046%$23.7M$27.0M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02498−0.016%$4.2M$6.1M50xas long as short
Bulk MON-USD+0.0100%1h0.02500+0.064%$103K$1K10xas long as short
Gate MON_USDT+0.0100%4h0.02499+0.024%$934K$985K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02503+0.184%$2.9M$762K75xas long as short
Bitget MONUSDT+0.0100%4h0.02500+0.064%$2.7M$2.2M25xas long as short
Variational Omni MON+0.0100%8h0.02497−0.054%$740K$403Kas long as short
edgeX MONUSDC+0.0100%4h0.02497−0.050%$41K$250K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02502+0.144%$563K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02500+0.064%$68K$525K50xas long as short
SoDEX MON-USD+0.0100%1h0.02498−0.016%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02499+0.029%$48K$285K10xas long as short
Aevo MON-PERP+0.0104%1h0.02498−0.036%$38K3xas long as short
01 Exchange MONUSDshort+0.0144%1h0.02499+0.008%$6K$1K5x
Aftermath Perps MONUSD+0.0254%1h0.02499+0.016%$2K$78K10xas long as short
GMX MON/USD [ETH-USDC]longL +0.0260% / S −0.0429%1h0.02498long leg$9K50x
BloFin MON-USDT+0.0340%4h0.02501+0.104%$1.3M$338K75xas long as short
Perpl MON+0.0447%43m0.02500+0.064%$114K$2.2M10xas long as short
Coinbase International MON-PERP-INTX+0.0456%1h0.02530+1.265%$110K$55K50xas long as short
Kraken Futures PF_MONUSD+0.1017%1h0.02502+0.154%$269K$112K10xas long as short