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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0023%/8h= +2.5% APRpaid last 24h +0.001%
Price spread now: Aevo against Orderly+0.019%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_MON_USDC0.025870.0081pay 0.0041% / 4h2h 06m$17K$64K10x
ShortAevo MON-PERP0.025870.0104get 0.0013% / 1h6m 59s$39K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Orderly. 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
$4.74
Price spread: +0.019% → 0.000%
$1.93
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$15.33
Costs to cover
0.220%
Break-even
29.7 days
Slippage unknown: Orderly: no order-book sample; Aevo: 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 Orderly no order-book sample
Sell Aevo no order-book sample
Orderly and Aevo: 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−0.0739%1h0.02599+0.464%$6K$1105.5xas long as short
Deribit MON_USDC-PERPETUAL−0.0599%1h0.02589+0.062%$66K$114K25xas long as short
01 Exchange MONUSD−0.0288%1h0.02585−0.085%$6K$1K5xas long as short
Bybit MONUSDT−0.0020%8h0.02583−0.158%$21.5M$11.8M50xas long as short
Phoenix MON0.0000%1h0.02592+0.186%$13K$384K5xas long as short
BloFin MON-USDT+0.0068%4h0.025870.000%$1.4M$245K75xas long as short
Paradex MON-USD-PERP+0.0072%8h0.02590+0.121%$8K$425xas long as short
Orderly PERP_MON_USDClong+0.0081%4h0.02587long leg$17K$64K10x
Lighter MON+0.0096%1h0.02588+0.039%$850K$758K10xas long as short
Aftermath Perps MONUSD+0.0100%1h0.02594+0.283%$2K$73K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MON+0.0100%1h0.02589+0.085%$34.9M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02587+0.004%$108K$233K10xas long as short
dYdX MON-USD+0.0100%1h0.02596+0.346%$13K5xas long as short
Pacifica MON+0.0100%1h0.02592+0.193%$143K$106K3xas long as short
Binance MONUSDT+0.0100%4h0.02586−0.039%$24.6M$24.6M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02584−0.116%$4.4M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02600+0.503%$109K$3K10xas long as short
Gate MON_USDT+0.0100%4h0.02590+0.116%$1.0M$935K50xas long as short
Bitget MONUSDT+0.0100%4h0.02590+0.116%$2.8M$1.8M25xas long as short
Variational Omni MON+0.0100%8h0.02588+0.056%$782K$412Kas long as short
edgeX MONUSDC+0.0100%4h0.02589+0.067%$47K$242K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02592+0.205%$583K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02593+0.232%$69K$479K50xas long as short
Nado MON-PERP+0.0100%1h0.02594+0.260%$390K$536K10xas long as short
SoDEX MON-USD+0.0100%1h0.02586−0.039%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02589+0.082%$52K$407K10xas long as short
Aevo MON-PERPshort+0.0104%1h0.02587+0.019%$39K3x
Kraken Futures PF_MONUSD+0.0131%1h0.02591+0.148%$267K$67K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0261% / S −0.0598%1h0.02592+0.201%$9K50xas long as short
Backpack MON_USDC_PERP+0.0281%1h0.02588+0.031%$138K$137K10xas long as short
KuCoin MONUSDTM+0.0346%4h0.02594+0.271%$3.2M$747K75xas long as short
Perpl MON+0.0447%43m0.02592+0.182%$145K$1.8M10xas long as short
Coinbase International MON-PERP-INTX+0.0648%1h0.02607+0.761%$114K$50K50xas long as short