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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.056%
Price spread now: Bitget against KuCoin−0.080%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1191.189% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.045%−$5 on $10k
Price spread, last 7 days+0.148%+$15 · spread now −0.080%, 7d avg −0.054%
Together, before fees+0.103%+$10 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.026% cheaper against KuCoin than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.054%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MONUSDTM0.024970.0100pay 0.0050% / 4h3h 30m$2.9M$771K75x
ShortBitget MONUSDT0.024950.0100get 0.0050% / 4h3h 30m$2.7M$2.3M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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
$0
Price spread: −0.080% → −0.054%
−$2.65
Slippage, 4 orders
−$94.87
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$121.52
Costs to cover
1.189%
Break-even
never at this rate
Slippage from KuCoin: live order book, 7 min ago; Bitget: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 7 min ago7.94 bp33.6 bp −$34843.8 bp −$8,438doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago6.00 bp18.1 bp −$1862.3 bp −$623doesn't fitdoesn't fit

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−0.0140%1h0.02500+0.116%$111K$157K10xas long as short
Injective MON/USDC PERP−0.0089%1h0.02505+0.320%$5K$1085.5xas long as short
Phoenix MON0.0000%1h0.02504+0.284%$13K$346K5xas long as short
Deribit MON_USDC-PERPETUAL+0.0030%1h0.02499+0.084%$72K$137K25xas long as short
Lighter MON+0.0096%1h0.02496−0.040%$802K$766K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02493−0.147%$7K$425xas long as short
Hyperliquid MON+0.0100%1h0.02496−0.032%$33.7M$7.8M5xas long as short
Aster MONUSDT+0.0100%4h0.02496−0.041%$99K$213K10xas long as short
dYdX MON-USD+0.0100%1h0.02499+0.063%$12K5xas long as short
Pacifica MON+0.0100%1h0.02497−0.008%$138K$91K3xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance MONUSDT+0.0100%4h0.02495−0.080%$23.8M$27.7M75xas long as short
Bybit MONUSDT+0.0100%8h0.02493−0.148%$20.8M$13.9M50xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02494−0.120%$4.2M$6.2M50xas long as short
Bulk MON-USD+0.0100%1h0.02520+0.905%$103K−$010xas long as short
Gate MON_USDT+0.0100%4h0.02496−0.040%$936K$1.0M50xas long as short
KuCoin MONUSDTMlong+0.0100%4h0.02497long leg$2.9M$771K75x
Bitget MONUSDTshort+0.0100%4h0.02495−0.080%$2.7M$2.3M25x
Variational Omni MON+0.0100%8h0.02497−0.016%$741K$378Kas long as short
edgeX MONUSDC+0.0100%4h0.02503+0.236%$41K$251K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02513+0.641%$559K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02505+0.320%$68K$545K50xas long as short
Nado MON-PERP+0.0100%1h0.02497−0.008%$388K$575K10xas long as short
Orderly PERP_MON_USDC+0.0100%4h0.02495−0.080%$16K$40K10xas long as short
SoDEX MON-USD+0.0100%1h0.02498+0.040%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02496−0.034%$57K$332K10xas long as short
Aevo MON-PERP+0.0104%1h0.02493−0.148%$38K3xas long as short
01 Exchange MONUSD+0.0120%1h0.02495−0.072%$6K$3K5xas long as short
GMX MON/USD [ETH-USDC]L +0.0231% / S −0.0246%1h0.02498+0.056%$6K50xas long as short
BloFin MON-USDT+0.0340%4h0.02500+0.120%$1.3M$369K75xas long as short
Perpl MON+0.0447%43m0.02502+0.192%$118K$2.2M10xas long as short
Aftermath Perps MONUSD+0.0495%1h0.02506+0.380%$5K$103K10xas long as short
Coinbase International MON-PERP-INTX+0.0744%1h0.02525+1.121%$111K$53K50xas long as short
Kraken Futures PF_MONUSD+0.0801%1h0.02500+0.110%$268K$118K10xas long as short