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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bulk against OKX−0.479%7-day average +0.039% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$840.840% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.002%$0 on $10k
Price spread, last 4 days (all we have)−0.056%−$6 · spread now −0.479%, 7d avg +0.039%
Together, before fees−0.058%−$6 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: Bulk is 0.518% cheaper against OKX than usual: you would sell low and buy high, −$52 on $10k if it goes back to its 7-day average of +0.039%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX MON-USDT-SWAP0.025540.0100pay 0.0050% / 4h2h 59m$4.3M$6.1M50x
ShortBulk MON-USD0.025420.0100get 0.0013% / 1h59m 34s$104K−$010x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk 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: −0.479% → +0.039%
−$51.83
Slippage, 4 orders
−$66.96
Fee OKX: 5 bp × 2 orders
−$10
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$135.79
Costs to cover
0.840%
Break-even
279010756534063776.0 days
Slippage from OKX: live order book, 3 min ago; Bulk: live order book, 34 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, 3 min ago1.96 bp19.6 bp −$20108.0 bp −$1,080doesn't fitdoesn't fit
Sell Bulk live order book, 34 min ago19.96 bp23.5 bp −$2323.5 bp −$235339.5 bp −$33.9Kdoesn'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
Backpack MON_USDC_PERP−0.0143%1h0.02559+0.215%$114K$152K10xas long as short
Injective MON/USDC PERP−0.0089%1h0.02505−1.919%$5K$1085.5xas long as short
Phoenix MON0.0000%1h0.02558+0.141%$14K$304K5xas long as short
Lighter MON+0.0096%1h0.02557+0.117%$833K$758K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02555+0.030%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02559+0.215%$392K$577K10xas long as short
Aster MONUSDT+0.0100%4h0.02556+0.088%$101K$202K10xas long as short
dYdX MON-USD+0.0100%1h0.02557+0.129%$13K5xas long as short
Pacifica MON+0.0100%1h0.02555+0.055%$142K$89K3xas long as short
Binance MONUSDT+0.0100%4h0.02556+0.061%$24.6M$26.8M75xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit MONUSDT+0.0100%8h0.02554−0.012%$21.3M$13.4M50xas long as short
OKX MON-USDT-SWAPlong+0.0100%4h0.02554long leg$4.3M$6.1M50x
Gate MON_USDT+0.0100%4h0.02557+0.117%$1.0M$1.1M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02557+0.117%$2.9M$762K75xas long as short
Bitget MONUSDT+0.0100%4h0.02556+0.078%$2.8M$2.2M25xas long as short
Variational Omni MON+0.0100%8h0.02553−0.058%$759K$376Kas long as short
edgeX MONUSDC+0.0100%4h0.02555+0.057%$42K$252K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02557+0.133%$580K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02557+0.117%$69K$545K50xas long as short
Orderly PERP_MON_USDC+0.0100%4h0.02557+0.117%$16K$36K10xas long as short
SoDEX MON-USD+0.0100%1h0.02559+0.196%$5K$6K5xas long as short
Bulk MON-USDshort+0.0100%1h0.02542−0.479%$104K−$010x
Extended MON-USD+0.0104%1h0.02557+0.108%$61K$329K10xas long as short
Aevo MON-PERP+0.0104%1h0.02558+0.157%$39K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0231% / S −0.0246%1h0.02555+0.020%$7K50xas long as short
BloFin MON-USDT+0.0340%4h0.02561+0.274%$1.4M$404K75xas long as short
Deribit MON_USDC-PERPETUAL+0.0375%1h0.02560+0.235%$73K$135K25xas long as short
Hyperliquid MON+0.0392%1h0.02558+0.172%$34.5M$6.5M5xas long as short
01 Exchange MONUSD+0.0440%1h0.02557+0.133%$6K$3K5xas long as short
Perpl MON+0.0447%43m0.02559+0.184%$119K$2.1M10xas long as short
Aftermath Perps MONUSD+0.0631%1h0.02557+0.120%$4K$97K10xas long as short
Coinbase International MON-PERP-INTX+0.0744%1h0.02575+0.826%$114K$53K50xas long as short
Kraken Futures PF_MONUSD+0.0781%1h0.02562+0.327%$275K$118K10xas long as short