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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h −0.004%
Price spread now: Aevo against Nado−0.169%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · 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 0.169% cheaper against Nado than usual: you would sell low and buy high, −$17 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado MON-PERP0.025190.0100pay 0.0012% / 1h24m 15s$409K$586K10x
ShortAevo MON-PERP0.025140.0104get 0.0013% / 1h24m 15s$38K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Nado. 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: −0.169% → 0.000%
−$16.94
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$39.1
Costs to cover
0.230%
Break-even
332.8 days
Slippage unknown: Nado: live order book, 29 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 Nado live order book, 29 min ago0.40 bp7.9 bp −$81285.0 bp −$12.8Kdoesn'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−0.0203%1h0.02523+0.172%$5K$1125.5xas long as short
Bybit MONUSDT−0.0004%8h0.02513−0.221%$20.7M$13.4M50xas long as short
Phoenix MON0.0000%1h0.02525+0.263%$12K$358K5xas long as short
Backpack MON_USDC_PERP+0.0064%1h0.02516−0.126%$110K$151K10xas long as short
Orderly PERP_MON_USDC+0.0073%4h0.02516−0.106%$16K$48K10xas long as short
Lighter MON+0.0096%1h0.02515−0.146%$843K$732K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02514−0.170%$8K$425xas long as short
Nado MON-PERPlong+0.0100%1h0.02519long leg$409K$586K10x
Hyperliquid MON+0.0100%1h0.02517−0.078%$33.9M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02518−0.011%$101K$222K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX MON-USD+0.0100%1h0.02520+0.045%$13K5xas long as short
Pacifica MON+0.0100%1h0.02517−0.066%$139K$93K3xas long as short
Binance MONUSDT+0.0100%4h0.02514−0.201%$23.9M$26.9M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02515−0.146%$4.2M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02520+0.053%$103K$2K10xas long as short
Gate MON_USDT+0.0100%4h0.02517−0.066%$941K$984K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02519+0.013%$2.9M$761K75xas long as short
Bitget MONUSDT+0.0100%4h0.02516−0.106%$2.7M$2.2M25xas long as short
Variational Omni MON+0.0100%8h0.02520+0.034%$747K$408Kas long as short
edgeX MONUSDC+0.0100%4h0.02522+0.137%$41K$250K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02525+0.252%$568K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02523+0.172%$68K$521K50xas long as short
SoDEX MON-USD+0.0100%1h0.02514−0.185%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02516−0.099%$48K$519K10xas long as short
Aevo MON-PERPshort+0.0104%1h0.02514−0.169%$38K3x
Deribit MON_USDC-PERPETUAL+0.0148%1h0.02515−0.130%$74K$136K25xas long as short
01 Exchange MONUSD+0.0224%1h0.02516−0.118%$6K$1K5xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02514−0.177%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02521+0.093%$1.3M$337K75xas long as short
Aftermath Perps MONUSD+0.0349%1h0.02521+0.075%$2K$74K10xas long as short
Coinbase International MON-PERP-INTX+0.0368%1h0.02530+0.450%$110K$57K50xas long as short
Perpl MON+0.0447%43m0.02517−0.078%$114K$2.2M10xas long as short
Kraken Futures PF_MONUSD+0.0724%1h0.02518−0.017%$271K$113K10xas long as short