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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0196%/8h= +21.4% APRpaid last 24h +0.196%
Price spread now: Aftermath Perps against Orderly+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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Aftermath Perps is 0.139% dearer against Orderly than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_MON_USDC0.025010.0071pay 0.0035% / 4h40m 36s$16K$41K10x
ShortAftermath Perps MONUSD0.025040.0267get 0.0033% / 1h40m 36s$2K$74K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps 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
$41.1
Price spread: +0.139% → 0.000%
$13.93
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$40.03
Costs to cover
0.150%
Break-even
0.2 days
Slippage unknown: Orderly: no order-book sample; Aftermath Perps: 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 Aftermath Perps no order-book sample
Orderly and Aftermath Perps: 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
01 Exchange MONUSD−0.0432%1h0.02501+0.016%$6K$1K5xas long as short
Backpack MON_USDC_PERP−0.0307%1h0.02503+0.064%$112K$151K10xas long as short
Injective MON/USDC PERP−0.0176%1h0.02517+0.640%$5K$1095.5xas long as short
Bybit MONUSDT−0.0170%8h0.02500−0.040%$20.5M$13.2M50xas long as short
Deribit MON_USDC-PERPETUAL−0.0150%1h0.02501+0.004%$74K$135K25xas long as short
Phoenix MON0.0000%1h0.02499−0.080%$12K$359K5xas long as short
Perpl MON0.0000%43m0.02502+0.028%$107K$2.3M10xas long as short
Orderly PERP_MON_USDClong+0.0071%4h0.02501long leg$16K$41K10x
Variational Omni MON+0.0079%8h0.02498−0.138%$740K$407Kas long as short
Paradex MON-USD-PERP+0.0088%8h0.02501+0.003%$8K$425xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter MON+0.0096%1h0.02503+0.080%$843K$747K10xas long as short
Nado MON-PERP+0.0100%1h0.02502+0.049%$429K$560K10xas long as short
Hyperliquid MON+0.0100%1h0.02503+0.096%$33.8M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02503+0.085%$100K$222K10xas long as short
dYdX MON-USD+0.0100%1h0.02502+0.050%$13K5xas long as short
Pacifica MON+0.0100%1h0.02503+0.080%$138K$93K3xas long as short
Binance MONUSDT+0.0100%4h0.02502+0.020%$23.8M$26.7M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02500−0.040%$4.2M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02495−0.229%$102K$5K10xas long as short
Gate MON_USDT+0.0100%4h0.02502+0.040%$948K$983K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02503+0.080%$2.8M$752K75xas long as short
Bitget MONUSDT+0.0100%4h0.02504+0.120%$2.7M$2.1M25xas long as short
edgeX MONUSDC+0.0100%4h0.02500−0.051%$41K$249K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02501−0.019%$559K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.025010.000%$67K$507K50xas long as short
SoDEX MON-USD+0.0100%1h0.02500−0.040%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02504+0.123%$48K$521K10xas long as short
Aevo MON-PERP+0.0104%1h0.02501−0.016%$38K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02501+0.016%$9K50xas long as short
Aftermath Perps MONUSDshort+0.0267%1h0.02504+0.139%$2K$74K10x
BloFin MON-USDT+0.0340%4h0.02499−0.080%$1.3M$337K75xas long as short
Coinbase International MON-PERP-INTX+0.0408%1h0.02514+0.500%$110K$57K50xas long as short
Kraken Futures PF_MONUSD+0.0544%1h0.02504+0.119%$269K$116K10xas long as short