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+0.0028%/8h= +3.1% APRpaid last 24h +0.007%
Price spread now: ApeX Omni against Orderly0.000%70s7-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+0.046%+$5 on $10k
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. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_MON_USDC0.025050.0072pay 0.0036% / 4h16m 18s$16K$35K10x
ShortApeX Omni MONUSDT0.025050.0100get 0.0013% / 1h16m 18s$67K$512K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni 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
$5.94
Price spread: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$10.06
Costs to cover
0.160%
Break-even
18.8 days
Slippage unknown: Orderly: no order-book sample; ApeX Omni: live order book, 41 min ago. 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 ApeX Omni live order book, 41 min ago13.93 bp22.5 bp −$22114.8 bp −$1,148doesn't fitdoesn't fit
Orderly: 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−0.0216%1h0.02506+0.032%$6K$1K5xas long as short
Backpack MON_USDC_PERP−0.0177%1h0.02510+0.208%$113K$151K10xas long as short
Injective MON/USDC PERP−0.0176%1h0.02498−0.279%$5K$1125.5xas long as short
Bybit MONUSDT−0.0143%8h0.02505+0.008%$20.7M$13.3M50xas long as short
Phoenix MON0.0000%1h0.02502−0.100%$12K$359K5xas long as short
Perpl MON0.0000%43m0.02507+0.096%$107K$2.3M10xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02506+0.036%$74K$136K25xas long as short
Orderly PERP_MON_USDClong+0.0072%4h0.02505long leg$16K$35K10x
Variational Omni MON+0.0076%8h0.02500−0.218%$738K$409Kas long as short
Paradex MON-USD-PERP+0.0093%8h0.02504−0.025%$8K$425xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter MON+0.0096%1h0.02506+0.040%$843K$749K10xas long as short
Nado MON-PERP+0.0100%1h0.02508+0.108%$423K$575K10xas long as short
Hyperliquid MON+0.0100%1h0.02507+0.068%$33.8M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02508+0.114%$101K$222K10xas long as short
dYdX MON-USD+0.0100%1h0.02507+0.097%$13K5xas long as short
Pacifica MON+0.0100%1h0.02507+0.080%$138K$93K3xas long as short
Binance MONUSDT+0.0100%4h0.02505−0.009%$23.8M$26.9M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02503−0.080%$4.2M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02505−0.005%$103K$5K10xas long as short
Gate MON_USDT+0.0100%4h0.02506+0.040%$940K$994K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02510+0.200%$2.8M$757K75xas long as short
Bitget MONUSDT+0.0100%4h0.02506+0.040%$2.7M$2.2M25xas long as short
edgeX MONUSDC+0.0100%4h0.02501−0.142%$41K$251K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.025050.000%$561K$1.5M10xas long as short
ApeX Omni MONUSDTshort+0.0100%1h0.025050.000%$67K$512K50x
SoDEX MON-USD+0.0100%1h0.025050.000%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02506+0.041%$49K$519K10xas long as short
Aevo MON-PERP+0.0104%1h0.02505−0.016%$38K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02505−0.020%$9K50xas long as short
Aftermath Perps MONUSD+0.0260%1h0.02505+0.011%$2K$74K10xas long as short
BloFin MON-USDT+0.0340%4h0.02507+0.080%$1.3M$338K75xas long as short
Coinbase International MON-PERP-INTX+0.0408%1h0.02507+0.088%$109K$57K50xas long as short
Kraken Futures PF_MONUSD+0.0543%1h0.02509+0.179%$269K$114K10xas long as short