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

MON

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h 0.000%
Price spread now: Aster against Paradex+0.027%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 · Aster: Stage 5 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.027% dearer against Paradex than usual: you sell high and buy low, +$3 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-PERP0.025390.0098pay 0.0098% / 8h6h 04m$8K$425x
ShortAster MONUSDT0.025390.0100get 0.0050% / 4h2h 04m$102K$229K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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
$0.38
Price spread: +0.027% → 0.000%
$2.71
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Aster: 4 bp × 2 orders
−$8
Net
−$8.91
Costs to cover
0.120%
Break-even
170.0 days
Slippage unknown: Paradex: no order-book sample; Aster: live order book, 62 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 Paradex no order-book sample
Sell Aster live order book, 62 min ago13.54 bp28.3 bp −$28doesn't fitdoesn't fitdoesn't fit
Paradex: 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+0.290%$6K$1095.5xas long as short
Bybit MONUSDT−0.0093%8h0.02540+0.053%$20.9M$12.8M50xas long as short
Phoenix MON0.0000%1h0.02538−0.041%$13K$349K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02538−0.029%$68K$125K25xas long as short
01 Exchange MONUSD+0.0024%1h0.02542+0.136%$6K$1K5xas long as short
Orderly PERP_MON_USDC+0.0075%4h0.02538−0.025%$16K$51K10xas long as short
Lighter MON+0.0096%1h0.02542+0.132%$847K$743K10xas long as short
Paradex MON-USD-PERPlong+0.0098%8h0.02539long leg$8K$425x
Nado MON-PERP+0.0100%1h0.02544+0.208%$408K$545K10xas long as short
Hyperliquid MON+0.0100%1h0.02544+0.207%$34.5M$7.5M5xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MONUSDTshort+0.0100%4h0.02539+0.027%$102K$229K10x
dYdX MON-USD+0.0100%1h0.02540+0.058%$13K5xas long as short
Pacifica MON+0.0100%1h0.02540+0.038%$141K$104K3xas long as short
Binance MONUSDT+0.0100%4h0.02541+0.085%$24.2M$25.9M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02539+0.014%$4.2M$5.8M50xas long as short
Bulk MON-USD+0.0100%1h0.02531−0.315%$105K$4K10xas long as short
Gate MON_USDT+0.0100%4h0.02539+0.014%$949K$906K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02541+0.093%$2.9M$743K75xas long as short
Bitget MONUSDT+0.0100%4h0.02541+0.093%$2.7M$2.0M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02538−0.014%$118K$156K10xas long as short
Variational Omni MON+0.0100%8h0.02536−0.102%$754K$405Kas long as short
edgeX MONUSDC+0.0100%4h0.02538−0.034%$43K$248K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02537−0.064%$568K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02540+0.053%$68K$497K50xas long as short
SoDEX MON-USD+0.0100%1h0.02537−0.065%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02543+0.185%$49K$517K10xas long as short
Aevo MON-PERP+0.0104%1h0.02536−0.085%$38K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02541+0.085%$9K50xas long as short
Aftermath Perps MONUSD+0.0308%1h0.02542+0.136%$2K$79K10xas long as short
Perpl MON+0.0447%43m0.02543+0.156%$106K$2.3M10xas long as short
Coinbase International MON-PERP-INTX+0.0744%1h0.02556+0.676%$112K$52K50xas long as short
Kraken Futures PF_MONUSD+0.0843%1h0.025390.000%$267K$97K10xas long as short