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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against OKX+0.039%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$680.678% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.029%+$3 on $10k
Price spread, last 7 days−0.017%−$2 · spread now +0.039%, 7d avg +0.036%
Together, before fees+0.012%+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX MON-USDT-SWAP0.025710.0100pay 0.0050% / 4h3h 32m$4.3M$5.9M50x
ShortBinance MONUSDT0.025720.0100get 0.0050% / 4h3h 32m$24.6M$25.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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: +0.039% → +0.036%
$0.31
Slippage, 4 orders
−$47.83
Fee OKX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$67.51
Costs to cover
0.678%
Break-even
never at this rate
Slippage from OKX: live order book, 5 min ago; Binance: live order book, 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 5 min ago3.89 bp19.5 bp −$1977.4 bp −$774doesn't fitdoesn't fit
Sell Binance live order book, 9 min ago1.93 bp15.5 bp −$1660.7 bp −$607309.9 bp −$31.0Kdoesn'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−0.0444%1h0.02576+0.194%$6K$1075.5xas long as short
Phoenix MON0.0000%1h0.02576+0.210%$13K$351K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02573+0.074%$69K$119K25xas long as short
Orderly PERP_MON_USDC+0.0068%4h0.02572+0.039%$17K$64K10xas long as short
01 Exchange MONUSD+0.0088%1h0.02571+0.012%$6K$1K5xas long as short
Lighter MON+0.0096%1h0.02576+0.194%$858K$754K10xas long as short
Paradex MON-USD-PERP+0.0098%8h0.02571+0.010%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02574+0.120%$393K$536K10xas long as short
Hyperliquid MON+0.0100%1h0.02575+0.156%$35.0M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02574+0.114%$107K$231K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX MON-USD+0.0100%1h0.02575+0.159%$13K5xas long as short
Pacifica MON+0.0100%1h0.02575+0.156%$142K$104K3xas long as short
Binance MONUSDTshort+0.0100%4h0.02572+0.039%$24.6M$25.7M75x
Bybit MONUSDT+0.0100%8h0.025710.000%$21.3M$12.2M50xas long as short
OKX MON-USDT-SWAPlong+0.0100%4h0.02571long leg$4.3M$5.9M50x
Bulk MON-USD+0.0100%1h0.02575+0.156%$106K$2K10xas long as short
Gate MON_USDT+0.0100%4h0.02572+0.039%$980K$904K50xas long as short
Bitget MONUSDT+0.0100%4h0.02574+0.117%$2.7M$1.9M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02574+0.128%$128K$141K10xas long as short
Variational Omni MON+0.0100%8h0.02581+0.393%$780K$407Kas long as short
edgeX MONUSDC+0.0100%4h0.02578+0.265%$44K$248K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02581+0.406%$585K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02577+0.233%$69K$484K50xas long as short
SoDEX MON-USD+0.0100%1h0.02572+0.039%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02576+0.193%$49K$517K10xas long as short
Aevo MON-PERP+0.0104%1h0.02573+0.074%$39K3xas long as short
Aftermath Perps MONUSD+0.0135%1h0.02576+0.205%$4K$76K10xas long as short
KuCoin MONUSDTM+0.0142%4h0.02576+0.194%$3.0M$725K75xas long as short
GMX MON/USD [ETH-USDC]L +0.0261% / S −0.0598%1h0.02572+0.054%$8K50xas long as short
BloFin MON-USDT+0.0340%4h0.02578+0.272%$1.4M$308K75xas long as short
Perpl MON+0.0447%43m0.02571−0.004%$174K$2.0M10xas long as short
Kraken Futures PF_MONUSD+0.0464%1h0.02576+0.184%$270K$78K10xas long as short
Coinbase International MON-PERP-INTX+0.0808%1h0.02577+0.233%$113K$51K50xas long as short