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

MON

all MON markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.12 per $10,000 · paid last 24h +0.002%
Price spread now: Binance against Orderly−0.149%7-day average · you buy dearer than you sell
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+0.052%+$5 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Binance is 0.149% cheaper against Orderly than usual: you would sell low and buy high (spread −0.149% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 21 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_MON_USDC0.025410.0076pay 0.0038% / 4h2h 02m$16K$51K10x
ShortBinance MONUSDT0.025370.0100get 0.0050% / 4h2h 02m$24.2M$25.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
$5.01
Price spread: −0.149% → 0.000%
−$14.91
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Binance: 5 bp × 2 orders
−$10
Net
−$25.91
Costs to cover
0.160%
Break-even
43.2 days
Slippage unknown: Orderly: no order-book sample; Binance: live order book, 8 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 Binance live order book, 8 min ago3.92 bp18.6 bp −$1965.5 bp −$655313.5 bp −$31.3Kdoesn'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 32 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−0.0388%1h0.02546+0.197%$6K$1095.5xas long as short
Bybit MONUSDT−0.0085%8h0.02535−0.228%$20.8M$12.8M50xas long as short
Phoenix MON0.0000%1h0.02538−0.134%$13K$349K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02540−0.031%$69K$125K25xas long as short
01 Exchange MONUSD+0.0024%1h0.02540−0.031%$6K$1K5xas long as short
Orderly PERP_MON_USDClong+0.0076%4h0.02541long leg$16K$51K10x
Lighter MON+0.0096%1h0.02542+0.039%$847K$743K10xas long as short
Paradex MON-USD-PERP+0.0098%8h0.02540−0.028%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02542+0.052%$407K$542K10xas long as short
Hyperliquid MON+0.0100%1h0.02539−0.063%$34.4M$7.5M5xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MONUSDT+0.0100%4h0.02540−0.043%$102K$229K10xas long as short
dYdX MON-USD+0.0100%1h0.02540−0.035%$13K5xas long as short
Pacifica MON+0.0100%1h0.02541+0.016%$141K$104K3xas long as short
Binance MONUSDTshort+0.0100%4h0.02537−0.149%$24.2M$25.9M75x
OKX MON-USDT-SWAP+0.0100%4h0.02535−0.236%$4.2M$5.8M50xas long as short
Bulk MON-USD+0.0100%1h0.02531−0.408%$105K$4K10xas long as short
Gate MON_USDT+0.0100%4h0.02538−0.118%$948K$906K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02540−0.039%$2.9M$743K75xas long as short
Bitget MONUSDT+0.0100%4h0.02538−0.118%$2.7M$2.0M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02539−0.094%$118K$153K10xas long as short
Variational Omni MON+0.0100%8h0.02536−0.195%$754K$405Kas long as short
edgeX MONUSDC+0.0100%4h0.02538−0.127%$43K$248K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02539−0.079%$568K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02540−0.039%$68K$497K50xas long as short
SoDEX MON-USD+0.0100%1h0.02539−0.079%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02539−0.095%$49K$517K10xas long as short
Aevo MON-PERP+0.0104%1h0.02539−0.094%$38K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02539−0.083%$9K50xas long as short
Aftermath Perps MONUSD+0.0306%1h0.02541+0.009%$2K$79K10xas long as short
Perpl MON+0.0447%43m0.02542+0.035%$106K$2.3M10xas long as short
Coinbase International MON-PERP-INTX+0.0744%1h0.02556+0.582%$112K$52K50xas long as short
Kraken Futures PF_MONUSD+0.0842%1h0.02541+0.015%$268K$97K10xas long as short