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

MON

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.004%
Price spread now: Paradex against Nado−0.102%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 · Paradex: 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: Paradex is 0.102% cheaper against Nado than usual: you would sell low and buy high, −$10 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado MON-PERP0.025780.0100pay 0.0012% / 1h31m 13s$321K$507K10x
ShortParadex MON-USD-PERP0.025760.0100get 0.0100% / 8h3h 31m$8K$425x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$0.01
Price spread: −0.102% → 0.000%
−$10.18
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$21.18
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Nado: live order book, 17 min ago; Paradex: 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, 17 min ago2.17 bp10.6 bp −$111366.9 bp −$13.7Kdoesn't fitdoesn't fit
Sell Paradex no order-book sample
Paradex: 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−0.0181%1h0.02557−0.825%$6K$1095.5xas long as short
Bybit MONUSDT−0.0053%8h0.02585+0.265%$21.6M$11.5M50xas long as short
Phoenix MON0.0000%1h0.02568−0.394%$15K$374K5xas long as short
01 Exchange MONUSD+0.0072%1h0.02578−0.022%$6K$1K5xas long as short
BloFin MON-USDT+0.0083%4h0.02585+0.261%$1.3M$236K75xas long as short
Orderly PERP_MON_USDC+0.0096%4h0.02586+0.300%$17K$64K10xas long as short
Lighter MON+0.0096%1h0.02588+0.378%$847K$750K10xas long as short
Paradex MON-USD-PERPshort+0.0100%8h0.02576−0.102%$8K$425x
Nado MON-PERPlong+0.0100%1h0.02578long leg$321K$507K10x
Hyperliquid MON+0.0100%1h0.02590+0.459%$34.9M$7.4M5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MONUSDT+0.0100%4h0.02580+0.055%$107K$240K10xas long as short
dYdX MON-USD+0.0100%1h0.02576−0.105%$13K5xas long as short
Pacifica MON+0.0100%1h0.02576−0.088%$146K$103K3xas long as short
Binance MONUSDT+0.0100%4h0.02587+0.339%$24.5M$24.0M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02586+0.300%$4.4M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02565−0.514%$108K$3K10xas long as short
Gate MON_USDT+0.0100%4h0.02588+0.378%$984K$920K50xas long as short
Bitget MONUSDT+0.0100%4h0.02588+0.378%$2.7M$1.8M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02590+0.436%$134K$136K10xas long as short
Variational Omni MON+0.0100%8h0.02575−0.145%$763K$366Kas long as short
edgeX MONUSDC+0.0100%4h0.02567−0.437%$47K$242K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02573−0.212%$578K$1.4M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02574−0.165%$68K$483K50xas long as short
SoDEX MON-USD+0.0100%1h0.02586+0.300%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02586+0.299%$52K$407K10xas long as short
Aevo MON-PERP+0.0104%1h0.02612+1.308%$40K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0598%1h0.02584+0.211%$9K50xas long as short
Kraken Futures PF_MONUSD+0.0329%1h0.02591+0.502%$258K$58K10xas long as short
KuCoin MONUSDTM+0.0330%4h0.02593+0.572%$3.1M$787K75xas long as short
Aftermath Perps MONUSD+0.0446%1h0.02565−0.517%$2K$71K10xas long as short
Perpl MON+0.0447%43m0.02586+0.308%$212K$1.7M10xas long as short
Coinbase International MON-PERP-INTX+0.0496%1h0.02586+0.292%$114K$50K50xas long as short
Deribit MON_USDC-PERPETUAL+0.0561%1h0.02590+0.467%$53K$81K25xas long as short