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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h −0.018%
Price spread now: Aevo against Lighter+0.257%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.257% dearer against Lighter than usual: you sell high and buy low, +$26 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter MON0.025300.0096pay 0.0012% / 1h44m 17s$843K$740K10x
ShortAevo MON-PERP0.025360.0104get 0.0013% / 1h44m 17s$38K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Lighter. 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
$1.68
Price spread: +0.257% → 0.000%
$25.69
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Aevo: 8 bp × 2 orders
−$16
Net
$11.37
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Lighter: live order book, 21 min ago; Aevo: 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 Lighter live order book, 21 min ago11.60 bp20.5 bp −$20132.4 bp −$1,324doesn't fitdoesn't fit
Sell Aevo no order-book sample
Aevo: 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−0.0388%1h0.02541+0.435%$6K$1065.5xas long as short
01 Exchange MONUSD−0.0032%1h0.02529−0.036%$6K$1K5xas long as short
Phoenix MON0.0000%1h0.02540+0.395%$13K$349K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02538+0.304%$68K$125K25xas long as short
Bybit MONUSDT+0.0003%8h0.02532+0.079%$20.8M$12.7M50xas long as short
Orderly PERP_MON_USDC+0.0060%4h0.02535+0.198%$16K$55K10xas long as short
Paradex MON-USD-PERP+0.0095%8h0.02527−0.101%$8K$425xas long as short
Lighter MONlong+0.0096%1h0.02530long leg$843K$740K10x
Aster MONUSDT+0.0100%4h0.02529−0.049%$101K$229K10xas long as short
dYdX MON-USD+0.0100%1h0.02529−0.052%$13K5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica MON+0.0100%1h0.02530−0.020%$140K$104K3xas long as short
Binance MONUSDT+0.0100%4h0.02533+0.103%$24.2M$25.9M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02534+0.158%$4.2M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02535+0.201%$105K$4K10xas long as short
Gate MON_USDT+0.0100%4h0.02531+0.040%$948K$897K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.025300.000%$2.9M$744K75xas long as short
Bitget MONUSDT+0.0100%4h0.02536+0.237%$2.7M$2.0M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02529−0.024%$117K$160K10xas long as short
Variational Omni MON+0.0100%8h0.02530−0.015%$761K$411Kas long as short
edgeX MONUSDC+0.0100%4h0.02537+0.287%$43K$249K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02550+0.808%$573K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02537+0.277%$68K$491K50xas long as short
Nado MON-PERP+0.0100%1h0.02537+0.272%$405K$543K10xas long as short
SoDEX MON-USD+0.0100%1h0.02537+0.277%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02540+0.393%$48K$520K10xas long as short
Aevo MON-PERPshort+0.0104%1h0.02536+0.257%$38K3x
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02535+0.186%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02549+0.751%$1.4M$310K75xas long as short
Aftermath Perps MONUSD+0.0359%1h0.02542+0.467%$4K$76K10xas long as short
Hyperliquid MON+0.0409%1h0.02537+0.292%$34.6M$7.6M5xas long as short
Perpl MON+0.0447%43m0.02533+0.099%$109K$2.2M10xas long as short
Coinbase International MON-PERP-INTX+0.0744%1h0.02524−0.233%$110K$51K50xas long as short
Kraken Futures PF_MONUSD+0.0842%1h0.02540+0.403%$276K$88K10xas long as short