Funding arb · Price arb /

MON

all MON markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0108%/8h= +11.8% APRpaid last 24h −0.031%

Price spread now: 01 Exchange against KuCoin−0.063%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. 01 Exchange is 0.063% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.063% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 47 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MONUSDTM	0.02523	0.0100	pay 0.0050% / 4h	3h 16m	$2.9M	$765K	75x
Short	01 Exchange MONUSD	0.02521	0.0208	get 0.0026% / 1h	16m 59s	$6K	$1K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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

Position, each leg$Hold fordaysFee KuCoinbpFee 01 ExchangebpOrdersPrice spread, now −0.063%Rate

Funding earned: $22.68
Price spread: −0.063% → 0.000%: −$6.34
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$2.66
Costs to cover: 0.190%
Break-even: 7.8 days

Slippage unknown: KuCoin: live order book, 5 min ago; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 5 min ago	15.90 bp	39.9 bp −$40	928.2 bp −$9,282	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective MON/USDC PERP	−0.0203%	1h	0.02523	0.000%	$5K	$112	5.5x	as long as short
Phoenix MON	0.0000%	1h	0.02514	−0.345%	$12K	$358K	5x	as long as short
Bybit MONUSDT	+0.0003%	8h	0.02517	−0.218%	$20.7M	$13.5M	50x	as long as short
Backpack MON_USDC_PERP	+0.0050%	1h	0.02520	−0.119%	$111K	$152K	10x	as long as short
Orderly PERP_MON_USDC	+0.0078%	4h	0.02519	−0.159%	$16K	$48K	10x	as long as short
Lighter MON	+0.0096%	1h	0.02521	−0.079%	$845K	$732K	10x	as long as short
Paradex MON-USD-PERP	+0.0100%	8h	0.02518	−0.188%	$8K	$42	5x	as long as short
Nado MON-PERP	+0.0100%	1h	0.02522	−0.055%	$409K	$585K	10x	as long as short
Hyperliquid MON	+0.0100%	1h	0.02520	−0.123%	$33.9M	$7.5M	5x	as long as short
Aster MONUSDT	+0.0100%	4h	0.02520	−0.114%	$101K	$222K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX MON-USD	+0.0100%	1h	0.02519	−0.168%	$13K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02520	−0.119%	$139K	$93K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02519	−0.159%	$24.0M	$27.0M	75x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02518	−0.198%	$4.2M	$6.1M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02511	−0.477%	$103K	$1K	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02520	−0.119%	$941K	$989K	50x	as long as short
KuCoin MONUSDTMlong	+0.0100%	4h	0.02523	long leg	$2.9M	$765K	75x
Bitget MONUSDT	+0.0100%	4h	0.02521	−0.079%	$2.7M	$2.2M	25x	as long as short
Variational Omni MON	+0.0100%	8h	0.02510	−0.513%	$744K	$408K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02510	−0.517%	$41K	$251K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02511	−0.470%	$565K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02514	−0.357%	$68K	$521K	50x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02520	−0.119%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02521	−0.067%	$48K	$505K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02519	−0.139%	$38K	—	3x	as long as short
Deribit MON_USDC-PERPETUAL	+0.0187%	1h	0.02520	−0.111%	$74K	$136K	25x	as long as short
01 Exchange MONUSDshort	+0.0208%	1h	0.02521	−0.063%	$6K	$1K	5x
GMX MON/USD [ETH-USDC]	L +0.0260% / S −0.0429%	1h	0.02519	−0.147%	$9K	—	50x	as long as short
Aftermath Perps MONUSD	+0.0334%	1h	0.02515	−0.321%	$3K	$77K	10x	as long as short
BloFin MON-USDT	+0.0340%	4h	0.02520	−0.119%	$1.3M	$340K	75x	as long as short
Coinbase International MON-PERP-INTX	+0.0368%	1h	0.02530	+0.277%	$110K	$57K	50x	as long as short
Perpl MON	+0.0447%	43m	0.02520	−0.107%	$114K	$2.2M	10x	as long as short
Kraken Futures PF_MONUSD	+0.0723%	1h	0.02522	−0.043%	$271K	$113K	10x	as long as short