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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h −0.019%
Price spread now: dYdX against Lighter−0.084%7-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 6 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: dYdX is 0.084% cheaper against Lighter than usual: you would sell low and buy high, −$8 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter MON0.025000.0096pay 0.0012% / 1h52m 16s$802K$785K10x
ShortdYdX MON-USD0.024980.0100get 0.0013% / 1h52m 16s$12K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
$0.84
Price spread: −0.084% → 0.000%
−$8.4
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$17.56
Costs to cover
0.100%
Break-even
153.3 days
Slippage unknown: Lighter: live order book, 48 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 Lighter live order book, 48 min ago2.00 bp11.8 bp −$12127.3 bp −$1,273doesn'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−0.0032%1h0.025000.000%$5K$1105.5xas long as short
Phoenix MON0.0000%1h0.02497−0.128%$13K$349K5xas long as short
Perpl MON0.0000%43m0.02500−0.004%$127K$2.2M10xas long as short
Orderly PERP_MON_USDC+0.0091%4h0.02499−0.040%$16K$42K10xas long as short
Lighter MONlong+0.0096%1h0.02500long leg$802K$785K10x
Paradex MON-USD-PERP+0.0100%8h0.02496−0.157%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02503+0.105%$393K$577K10xas long as short
Aster MONUSDT+0.0100%4h0.02498−0.078%$99K$213K10xas long as short
dYdX MON-USDshort+0.0100%1h0.02498−0.084%$12K5x
Pacifica MON+0.0100%1h0.02498−0.072%$138K$92K3xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance MONUSDT+0.0100%4h0.02499−0.056%$23.7M$27.6M75xas long as short
Bybit MONUSDT+0.0100%8h0.02497−0.136%$20.7M$13.8M50xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02498−0.080%$4.2M$6.2M50xas long as short
Bulk MON-USD+0.0100%1h0.025000.000%$103K−$010xas long as short
Gate MON_USDT+0.0100%4h0.02498−0.080%$930K$1.0M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02499−0.040%$2.9M$766K75xas long as short
Bitget MONUSDT+0.0100%4h0.02501+0.040%$2.7M$2.3M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02499−0.048%$109K$156K10xas long as short
Variational Omni MON+0.0100%8h0.02488−0.478%$738K$411Kas long as short
edgeX MONUSDC+0.0100%4h0.02496−0.161%$41K$250K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02500−0.003%$564K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02497−0.120%$68K$535K50xas long as short
SoDEX MON-USD+0.0100%1h0.02499−0.040%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02502+0.082%$47K$283K10xas long as short
Aevo MON-PERP+0.0104%1h0.02499−0.032%$38K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0230% / S −0.0246%1h0.02499−0.036%$6K50xas long as short
Deribit MON_USDC-PERPETUAL+0.0310%1h0.02500+0.016%$73K$138K25xas long as short
01 Exchange MONUSD+0.0320%1h0.025000.000%$6K$3K5xas long as short
Hyperliquid MON+0.0324%1h0.02502+0.084%$33.8M$7.8M5xas long as short
BloFin MON-USDT+0.0340%4h0.02499−0.040%$1.3M$347K75xas long as short
Aftermath Perps MONUSD+0.0522%1h0.02500−0.009%$6K$100K10xas long as short
Coinbase International MON-PERP-INTX+0.0680%1h0.02505+0.208%$111K$54K50xas long as short
Kraken Futures PF_MONUSD+0.1204%1h0.02503+0.109%$269K$119K10xas long as short