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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0005%/8h= +0.5% APRpaid last 24h +0.001%
Price spread now: Aevo against Paradex+0.055%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.055% dearer against Paradex than usual: you sell high and buy low, +$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex MON-USD-PERP0.025160.0099pay 0.0099% / 8h5h 06m$8K$425x
ShortAevo MON-PERP0.025170.0104get 0.0013% / 1h6m 18s$38K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Paradex. 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
$1.03
Price spread: +0.055% → 0.000%
$5.48
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$13.49
Costs to cover
0.200%
Break-even
98.4 days
Slippage unknown: Paradex: 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 Paradex no order-book sample
Sell Aevo no order-book sample
Paradex 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
Phoenix MON−0.0316%1h0.02522+0.250%$12K$367K5xas long as short
Backpack MON_USDC_PERP−0.0258%1h0.02520+0.150%$111K$152K10xas long as short
Injective MON/USDC PERP−0.0253%1h0.02528+0.476%$5K$1125.5xas long as short
Bybit MONUSDT−0.0130%8h0.02516−0.001%$20.7M$13.1M50xas long as short
01 Exchange MONUSD−0.0080%1h0.02513−0.136%$6K$1K5xas long as short
Deribit MON_USDC-PERPETUAL−0.0028%1h0.02518+0.087%$68K$125K25xas long as short
Perpl MON0.0000%43m0.02518+0.079%$104K$2.3M10xas long as short
Orderly PERP_MON_USDC+0.0085%4h0.02518+0.079%$16K$47K10xas long as short
Lighter MON+0.0096%1h0.02519+0.118%$840K$738K10xas long as short
Paradex MON-USD-PERPlong+0.0099%8h0.02516long leg$8K$425x
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado MON-PERP+0.0100%1h0.02519+0.104%$410K$542K10xas long as short
Hyperliquid MON+0.0100%1h0.02517+0.051%$34.1M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02519+0.115%$101K$222K10xas long as short
dYdX MON-USD+0.0100%1h0.02520+0.144%$13K5xas long as short
Pacifica MON+0.0100%1h0.02518+0.079%$139K$92K3xas long as short
Binance MONUSDT+0.0100%4h0.02517+0.039%$23.9M$26.7M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02515−0.041%$4.2M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02520+0.175%$103K$5K10xas long as short
Gate MON_USDT+0.0100%4h0.02516−0.001%$949K$970K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02520+0.158%$2.9M$743K75xas long as short
Bitget MONUSDT+0.0100%4h0.02519+0.118%$2.7M$2.1M25xas long as short
Variational Omni MON+0.0100%8h0.02523+0.278%$749K$405Kas long as short
edgeX MONUSDC+0.0100%4h0.02522+0.252%$41K$250K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02524+0.317%$565K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02523+0.277%$68K$504K50xas long as short
SoDEX MON-USD+0.0100%1h0.02517+0.039%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02518+0.074%$48K$513K10xas long as short
Aevo MON-PERPshort+0.0104%1h0.02517+0.055%$38K3x
Aftermath Perps MONUSD+0.0258%1h0.02524+0.325%$2K$74K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02517+0.047%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02517+0.039%$1.3M$325K75xas long as short
Kraken Futures PF_MONUSD+0.0493%1h0.02521+0.203%$268K$113K10xas long as short
Coinbase International MON-PERP-INTX+0.0536%1h0.02534+0.715%$112K$57K50xas long as short