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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.055%
Price spread now: Extended against KuCoin−0.078%7-day average +0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1491.487% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.030%−$3 on $10k
Price spread, last 4 days (all we have)+0.270%+$27 · spread now −0.078%, 7d avg +0.022%
Together, before fees+0.240%+ Points / potential airdropExtended: Active · farm board+$24 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: Extended is 0.099% cheaper against KuCoin than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.022%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MONUSDTM0.025090.0100pay 0.0050% / 4h1h 27m$2.8M$749K75x
ShortExtended MON-USD0.025070.0104get 0.0013% / 1h27m 36s$57K$320K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.078% → +0.022%
−$9.94
Slippage, 4 orders
−$131.69
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$157.8
Costs to cover
1.487%
Break-even
1322.0 days
Slippage from KuCoin: live order book, 2 min ago; Extended: live order book, 18 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, 2 min ago11.96 bp43.8 bp −$44811.9 bp −$8,119doesn't fitdoesn't fit
Sell Extended live order book, 18 min ago3.99 bp25.9 bp −$26313.2 bp −$3,132doesn't fitdoesn't fit

MON on 33 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange MONUSD−0.0528%1h0.02506−0.132%$6K$2K5xas long as short
Backpack MON_USDC_PERP−0.0440%1h0.025090.000%$113K$148K10xas long as short
Deribit MON_USDC-PERPETUAL−0.0388%1h0.02507−0.084%$79K$118K25xas long as short
Injective MON/USDC PERP−0.0246%1h0.02541+1.275%$6K$1015.5xas long as short
Bybit MONUSDT−0.0118%8h0.02503−0.239%$20.9M$13.4M50xas long as short
Phoenix MON0.0000%1h0.02505−0.155%$12K$281K5xas long as short
Paradex MON-USD-PERP+0.0048%8h0.02506−0.139%$8K$425xas long as short
Lighter MON+0.0096%1h0.025090.000%$823K$737K10xas long as short
Nado MON-PERP+0.0100%1h0.02508−0.036%$398K$576K10xas long as short
Hyperliquid MON+0.0100%1h0.02508−0.056%$33.6M$6.5M5xas long as short
Show all 33 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MONUSDT+0.0100%4h0.02506−0.120%$99K$204K10xas long as short
dYdX MON-USD+0.0100%1h0.02508−0.020%$13K5xas long as short
Pacifica MON+0.0100%1h0.02508−0.040%$139K$85K3xas long as short
Binance MONUSDT+0.0100%4h0.02505−0.156%$24.1M$26.3M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02504−0.199%$4.2M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02510+0.040%$103K−$010xas long as short
Gate MON_USDT+0.0100%4h0.02508−0.040%$1.1M$1.3M50xas long as short
KuCoin MONUSDTMlong+0.0100%4h0.02509long leg$2.8M$749K75x
Bitget MONUSDT+0.0100%4h0.02508−0.040%$2.8M$2.2M25xas long as short
Variational Omni MON+0.0100%8h0.02502−0.283%$747K$377Kas long as short
edgeX MONUSDC+0.0100%4h0.02506−0.125%$41K$248K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02506−0.120%$566K$1.4M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02505−0.159%$68K$549K50xas long as short
Orderly PERP_MON_USDC+0.0100%4h0.02507−0.080%$16K$36K10xas long as short
SoDEX MON-USD+0.0100%1h0.02506−0.120%$5K$6K5xas long as short
Extended MON-USDshort+0.0104%1h0.02507−0.078%$57K$320K10x
Aevo MON-PERP+0.0104%1h0.02506−0.139%$38K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0230% / S −0.0246%1h0.02508−0.024%$6K50xas long as short
BloFin MON-USDT+0.0340%4h0.02506−0.120%$1.4M$388K75xas long as short
Perpl MON+0.0447%43m0.02508−0.036%$116K$2.1M10xas long as short
Aftermath Perps MONUSD+0.0502%1h0.02509−0.004%$5K$97K10xas long as short
Kraken Futures PF_MONUSD+0.0701%1h0.02509+0.007%$271K$123K10xas long as short
Coinbase International MON-PERP-INTX+0.0808%1h0.02513+0.151%$106K$56K50xas long as short