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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.006%
Price spread now: dYdX against Orderly−0.151%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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: dYdX is 0.151% cheaper against Orderly than usual: you would sell low and buy high, −$15 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_MON_USDC0.025270.0100pay 0.0050% / 4h1h 07m$16K$36K10x
ShortdYdX MON-USD0.025230.0100get 0.0013% / 1h7m 37s$13K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
$0
Price spread: −0.151% → 0.000%
−$15.15
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$31.15
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; dYdX: 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 dYdX no order-book sample
Orderly and dYdX: 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 exchanges

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−0.0480%1h0.02526−0.024%$6K$2K5xas long as short
Backpack MON_USDC_PERP−0.0347%1h0.02528+0.051%$114K$146K10xas long as short
Injective MON/USDC PERP−0.0246%1h0.02541+0.554%$6K$1015.5xas long as short
Bybit MONUSDT−0.0155%8h0.02522−0.198%$21.4M$13.5M50xas long as short
Deribit MON_USDC-PERPETUAL−0.0146%1h0.02526−0.024%$80K$119K25xas long as short
Phoenix MON0.0000%1h0.02519−0.301%$12K$281K5xas long as short
Paradex MON-USD-PERP+0.0034%8h0.02523−0.167%$8K$425xas long as short
Lighter MON+0.0096%1h0.02526−0.040%$828K$737K10xas long as short
Nado MON-PERP+0.0100%1h0.02530+0.102%$402K$575K10xas long as short
Hyperliquid MON+0.0100%1h0.02528+0.047%$33.9M$6.3M5xas long as short
Show all 33 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MONUSDT+0.0100%4h0.02524−0.119%$100K$204K10xas long as short
dYdX MON-USDshort+0.0100%1h0.02523−0.151%$13K5x
Pacifica MON+0.0100%1h0.02527−0.004%$140K$85K3xas long as short
Binance MONUSDT+0.0100%4h0.02526−0.046%$24.3M$26.3M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02523−0.158%$4.2M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02520−0.277%$103K$23810xas long as short
Gate MON_USDT+0.0100%4h0.02526−0.040%$1.2M$1.3M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02526−0.040%$2.9M$695K75xas long as short
Bitget MONUSDT+0.0100%4h0.025270.000%$2.8M$2.3M25xas long as short
Variational Omni MON+0.0100%8h0.02516−0.441%$751K$368Kas long as short
edgeX MONUSDC+0.0100%4h0.02516−0.430%$42K$248K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02521−0.237%$566K$1.4M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02519−0.317%$68K$547K50xas long as short
Orderly PERP_MON_USDClong+0.0100%4h0.02527long leg$16K$36K10x
SoDEX MON-USD+0.0100%1h0.02525−0.079%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02528+0.050%$58K$320K10xas long as short
Aevo MON-PERP+0.0104%1h0.02525−0.071%$38K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0231% / S −0.0246%1h0.02521−0.257%$6K50xas long as short
BloFin MON-USDT+0.0340%4h0.02523−0.158%$1.4M$391K75xas long as short
Aftermath Perps MONUSD+0.0373%1h0.02523−0.154%$5K$97K10xas long as short
Perpl MON+0.0447%43m0.02524−0.127%$117K$2.1M10xas long as short
Kraken Futures PF_MONUSD+0.0695%1h0.02530+0.132%$276K$127K10xas long as short
Coinbase International MON-PERP-INTX+0.0808%1h0.02534+0.297%$107K$55K50xas long as short