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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.005%
Price spread now: Nado against OKX+0.227%7-day average +0.195% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$580.578% 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)+0.346%+$35 · spread now +0.227%, 7d avg +0.195%
Together, before fees+0.348%+ Points / potential airdropNado: Active · farm board+$35 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: Nado is 0.032% dearer against OKX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.195%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX MON-USDT-SWAP0.025150.0100pay 0.0050% / 4h3h 41m$4.2M$6.2M50x
ShortNado MON-PERP0.025210.0100get 0.0012% / 1h41m 03s$392K$573K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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: +0.227% → +0.195%
$3.2
Slippage, 4 orders
−$40.83
Fee OKX: 5 bp × 2 orders
−$10
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$54.63
Costs to cover
0.578%
Break-even
never at this rate
Slippage from OKX: live order book, 2 min ago; Nado: live order book, 57 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, 2 min ago1.99 bp18.9 bp −$1986.0 bp −$860doesn't fitdoesn't fit
Sell Nado live order book, 57 min ago2.20 bp10.4 bp −$10doesn't fitdoesn'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
Backpack MON_USDC_PERP−0.0139%1h0.02517+0.068%$110K$157K10xas long as short
Injective MON/USDC PERP−0.0089%1h0.02505−0.398%$5K$1085.5xas long as short
Phoenix MON0.0000%1h0.02519+0.167%$13K$346K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02514−0.028%$73K$137K25xas long as short
Lighter MON+0.0096%1h0.02516+0.040%$808K$765K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02516+0.027%$8K$425xas long as short
Nado MON-PERPshort+0.0100%1h0.02521+0.227%$392K$573K10x
Hyperliquid MON+0.0100%1h0.02517+0.091%$34.0M$7.8M5xas long as short
Aster MONUSDT+0.0100%4h0.02518+0.124%$100K$213K10xas long as short
dYdX MON-USD+0.0100%1h0.02519+0.145%$13K5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica MON+0.0100%1h0.02518+0.131%$139K$91K3xas long as short
Binance MONUSDT+0.0100%4h0.02517+0.080%$24.0M$27.5M75xas long as short
Bybit MONUSDT+0.0100%8h0.025150.000%$21.0M$13.9M50xas long as short
OKX MON-USDT-SWAPlong+0.0100%4h0.02515long leg$4.2M$6.2M50x
Bulk MON-USD+0.0100%1h0.02510−0.197%$103K−$010xas long as short
Gate MON_USDT+0.0100%4h0.02516+0.040%$945K$1.0M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02520+0.199%$2.9M$766K75xas long as short
Bitget MONUSDT+0.0100%4h0.02518+0.119%$2.7M$2.3M25xas long as short
Variational Omni MON+0.0100%8h0.02516+0.023%$747K$408Kas long as short
edgeX MONUSDC+0.0100%4h0.02517+0.072%$41K$252K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02519+0.159%$561K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02519+0.159%$68K$542K50xas long as short
Orderly PERP_MON_USDC+0.0100%4h0.025150.000%$16K$40K10xas long as short
SoDEX MON-USD+0.0100%1h0.02514−0.040%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02517+0.090%$60K$328K10xas long as short
Aevo MON-PERP+0.0104%1h0.02513−0.068%$38K3xas long as short
01 Exchange MONUSD+0.0168%1h0.02516+0.036%$6K$3K5xas long as short
GMX MON/USD [ETH-USDC]L +0.0231% / S −0.0246%1h0.02521+0.231%$6K50xas long as short
BloFin MON-USDT+0.0340%4h0.02519+0.159%$1.3M$372K75xas long as short
Perpl MON+0.0447%43m0.02519+0.159%$119K$2.2M10xas long as short
Aftermath Perps MONUSD+0.0469%1h0.02516+0.056%$5K$103K10xas long as short
Coinbase International MON-PERP-INTX+0.0744%1h0.02525+0.398%$111K$54K50xas long as short
Kraken Futures PF_MONUSD+0.0795%1h0.02517+0.066%$270K$118K10xas long as short