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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC−0.0100%/8hpaid last 24h +0.034%
Price spread now: Deribit against OKX+0.139%7-day average · you sell dearer than you buy
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 7 days+0.073%+$7 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Deribit is 0.139% dearer against OKX than usual: you sell high and buy low (spread +0.139% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.6 days. Mind the row above: over the last 7 days funding on this pair paid +0.073%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX MON-USDT-SWAP0.025260.0100pay 0.0050% / 4h5m 19s$4.3M$5.7M50x
ShortDeribit MON_USDC-PERPETUAL0.025300get 0.0000% / 1h5m 19s$47K$75K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$21
Price spread: +0.139% → 0.000%
$13.86
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$24.14
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 2 min ago; Deribit: 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 OKX live order book, 2 min ago1.98 bp15.4 bp −$1574.2 bp −$742doesn't fitdoesn't fit
Sell Deribit no order-book sample
Deribit: 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−0.0242%1h0.02531+0.198%$5K$1115.5xas long as short
01 Exchange MONUSD−0.0168%1h0.02531+0.210%$6K$1K5xas long as short
Backpack MON_USDC_PERP−0.0163%1h0.02528+0.071%$133K$135K10xas long as short
Bybit MONUSDT−0.0083%8h0.02525−0.040%$20.9M$11.3M50xas long as short
Phoenix MON0.0000%1h0.02527+0.059%$13K$374K5xas long as short
Deribit MON_USDC-PERPETUALshort0.0000%1h0.02530+0.139%$47K$75K25x
BloFin MON-USDT+0.0043%4h0.02529+0.119%$1.3M$219K75xas long as short
Lighter MON+0.0096%1h0.02530+0.158%$827K$748K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02528+0.064%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02532+0.234%$315K$508K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MON+0.0100%1h0.02530+0.166%$34.1M$7.4M5xas long as short
Aster MONUSDT+0.0100%4h0.02527+0.053%$105K$240K10xas long as short
dYdX MON-USD+0.0100%1h0.02527+0.059%$13K5xas long as short
Pacifica MON+0.0100%1h0.02528+0.071%$144K$104K3xas long as short
Binance MONUSDT+0.0100%4h0.02528+0.087%$23.9M$23.7M75xas long as short
OKX MON-USDT-SWAPlong+0.0100%4h0.02526long leg$4.3M$5.7M50x
Bulk MON-USD+0.0100%1h0.02530+0.158%$106K$8K10xas long as short
Gate MON_USDT+0.0100%4h0.02528+0.079%$957K$940K50xas long as short
Bitget MONUSDT+0.0100%4h0.02529+0.119%$2.6M$1.7M25xas long as short
Variational Omni MON+0.0100%8h0.02521−0.179%$752K$366Kas long as short
edgeX MONUSDC+0.0100%4h0.02531+0.201%$47K$241K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02529+0.116%$569K$1.4M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02527+0.040%$68K$489K50xas long as short
Orderly PERP_MON_USDC+0.0100%4h0.02527+0.040%$16K$64K10xas long as short
SoDEX MON-USD+0.0100%1h0.02528+0.079%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02530+0.176%$45K$400K10xas long as short
Aevo MON-PERP+0.0104%1h0.02528+0.099%$38K3xas long as short
KuCoin MONUSDTM+0.0208%4h0.02535+0.356%$3.0M$773K75xas long as short
GMX MON/USD [ETH-USDC]L +0.0231% / S −0.0343%1h0.02528+0.099%$6K50xas long as short
Aftermath Perps MONUSD+0.0415%1h0.02531+0.187%$2K$71K10xas long as short
Kraken Futures PF_MONUSD+0.0421%1h0.02531+0.188%$252K$57K10xas long as short
Perpl MON+0.0447%43m0.02531+0.186%$208K$1.7M10xas long as short
Coinbase International MON-PERP-INTX+0.0624%1h0.02543+0.689%$112K$49K50xas long as short