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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0202%/8h= −22.1% APRpaid last 24h −0.057%
Price spread now: dYdX against KuCoin−0.112%47s7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and dYdX is 0.112% cheaper against KuCoin than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MONUSDTM0.025820.0302pay 0.0151% / 4h1h 23m$3.2M$697K75x
ShortdYdX MON-USD0.025790.0100get 0.0013% / 1h23m 54s$13K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$42.42
Price spread: −0.112% → 0.000%
−$11.18
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$75.6
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 3 min ago; 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 KuCoin live order book, 3 min ago9.68 bp41.5 bp −$41653.6 bp −$6,536doesn't fitdoesn't fit
Sell dYdX no order-book sample
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−0.0053%1h0.025820.000%$6K$1085.5xas long as short
Bybit MONUSDT−0.0053%8h0.02571−0.414%$21.4M$11.8M50xas long as short
01 Exchange MONUSD−0.0024%1h0.02582−0.008%$6K$1K5xas long as short
Phoenix MON0.0000%1h0.02575−0.283%$13K$362K5xas long as short
Perpl MON0.0000%43m0.02581−0.054%$143K$1.8M10xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02578−0.170%$70K$119K25xas long as short
Aftermath Perps MONUSD+0.0036%1h0.02578−0.159%$2K$73K10xas long as short
Orderly PERP_MON_USDC+0.0067%4h0.02575−0.271%$17K$64K10xas long as short
Paradex MON-USD-PERP+0.0082%8h0.02578−0.136%$8K$425xas long as short
Lighter MON+0.0096%1h0.02578−0.155%$854K$773K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado MON-PERP+0.0100%1h0.02585+0.106%$389K$539K10xas long as short
Hyperliquid MON+0.0100%1h0.02578−0.136%$34.9M$7.4M5xas long as short
Aster MONUSDT+0.0100%4h0.02577−0.194%$108K$231K10xas long as short
dYdX MON-USDshort+0.0100%1h0.02579−0.112%$13K5x
Pacifica MON+0.0100%1h0.02581−0.043%$142K$107K3xas long as short
Binance MONUSDT+0.0100%4h0.02576−0.249%$24.5M$24.6M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02572−0.387%$4.4M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02570−0.465%$108K$3K10xas long as short
Gate MON_USDT+0.0100%4h0.02577−0.194%$1.0M$872K50xas long as short
Bitget MONUSDT+0.0100%4h0.02576−0.232%$2.7M$1.8M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02576−0.221%$138K$134K10xas long as short
Variational Omni MON+0.0100%8h0.02573−0.361%$780K$407Kas long as short
edgeX MONUSDC+0.0100%4h0.02573−0.351%$47K$242K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02576−0.234%$578K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02574−0.310%$69K$479K50xas long as short
SoDEX MON-USD+0.0100%1h0.02576−0.232%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02580−0.076%$52K$407K10xas long as short
Aevo MON-PERP+0.0104%1h0.02575−0.267%$39K3xas long as short
Kraken Futures PF_MONUSD+0.0174%1h0.02578−0.153%$271K$77K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0261% / S −0.0598%1h0.02580−0.074%$9K50xas long as short
KuCoin MONUSDTMlong+0.0302%4h0.02582long leg$3.2M$697K75x
BloFin MON-USDT+0.0340%4h0.02575−0.271%$1.4M$293K75xas long as short
Coinbase International MON-PERP-INTX+0.0536%1h0.02607+0.957%$114K$49K50xas long as short