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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.005%
Price spread now: Variational Omni against Nado−0.460%7-day average −0.262% · 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)−0.030%−$3 on $10k
Price spread, last 4 days (all we have)+0.221%+$22 · spread now −0.460%, 7d avg −0.262%
Together, before fees+0.191%+ Points / potential airdropNado: Active · Variational Omni: Active · farm board+$19 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.198% cheaper against Nado than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of −0.262%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado MON-PERP0.025410.0100pay 0.0013% / 1h43m 23s$406K$543K10x
ShortVariational Omni MON0.025300.0100get 0.0100% / 8h6h 43m$761K$411K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
Price spread: −0.460% → −0.262%
−$19.77
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$26.77
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Nado: live order book, 25 min ago; Variational Omni: RFQ quote, 26 min ago. 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, 25 min ago0.58 bp8.8 bp −$91316.5 bp −$13.2Kdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 26 min ago7.70 bpdoesn't fit134.8 bp −$1,348doesn't fitdoesn't fit

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%1h0.02541−0.011%$6K$1065.5xas long as short
01 Exchange MONUSD−0.0024%1h0.02535−0.236%$6K$1K5xas long as short
Bybit MONUSDT−0.0009%8h0.02533−0.346%$20.8M$12.7M50xas long as short
Phoenix MON0.0000%1h0.02540−0.051%$13K$349K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02538−0.141%$68K$125K25xas long as short
Orderly PERP_MON_USDC+0.0060%4h0.02535−0.247%$16K$55K10xas long as short
Paradex MON-USD-PERP+0.0096%8h0.02539−0.109%$8K$425xas long as short
Lighter MON+0.0096%1h0.02538−0.129%$846K$740K10xas long as short
Aster MONUSDT+0.0100%4h0.02538−0.148%$101K$229K10xas long as short
dYdX MON-USD+0.0100%1h0.02537−0.176%$13K5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica MON+0.0100%1h0.02539−0.106%$141K$104K3xas long as short
Binance MONUSDT+0.0100%4h0.02536−0.208%$24.2M$26.0M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02533−0.326%$4.2M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02535−0.244%$105K$4K10xas long as short
Gate MON_USDT+0.0100%4h0.02535−0.247%$951K$897K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02538−0.129%$2.9M$745K75xas long as short
Bitget MONUSDT+0.0100%4h0.02537−0.169%$2.7M$2.0M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02540−0.062%$120K$161K10xas long as short
Variational Omni MONshort+0.0100%8h0.02530−0.460%$761K$411K
edgeX MONUSDC+0.0100%4h0.02537−0.159%$43K$249K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02530−0.435%$568K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02537−0.169%$68K$491K50xas long as short
Nado MON-PERPlong+0.0100%1h0.02541long leg$406K$543K10x
SoDEX MON-USD+0.0100%1h0.02537−0.169%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02541−0.025%$48K$520K10xas long as short
Aevo MON-PERP+0.0104%1h0.02536−0.188%$38K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02535−0.259%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02549+0.303%$1.4M$310K75xas long as short
Aftermath Perps MONUSD+0.0358%1h0.02541−0.008%$4K$76K10xas long as short
Hyperliquid MON+0.0394%1h0.02540−0.039%$34.6M$7.6M5xas long as short
Perpl MON+0.0447%43m0.02538−0.137%$105K$2.2M10xas long as short
Coinbase International MON-PERP-INTX+0.0744%1h0.02540−0.059%$111K$52K50xas long as short
Kraken Futures PF_MONUSD+0.0842%1h0.02540−0.043%$276K$88K10xas long as short