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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Binance against Paradex+0.018%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
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex MON-USD-PERP0.025020.0100pay 0.0100% / 8h7h 32m$8K$425x
ShortBinance MONUSDT0.025020.0100get 0.0050% / 4h3h 32m$23.8M$27.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
$0.01
Price spread: +0.018% → 0.000%
$1.8
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Binance: 5 bp × 2 orders
−$10
Net
−$12.2
Costs to cover
0.140%
Break-even
15095.0 days
Slippage unknown: Paradex: no order-book sample; Binance: live order book, 9 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 Binance live order book, 9 min ago1.99 bp14.3 bp −$1462.7 bp −$627321.8 bp −$32.2Kdoesn'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 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
Backpack MON_USDC_PERP−0.0140%1h0.02504+0.099%$111K$157K10xas long as short
Injective MON/USDC PERP−0.0089%1h0.02505+0.139%$5K$1085.5xas long as short
Phoenix MON0.0000%1h0.02518+0.651%$13K$346K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02502+0.027%$73K$137K25xas long as short
Lighter MON+0.0096%1h0.02504+0.099%$805K$766K10xas long as short
Paradex MON-USD-PERPlong+0.0100%8h0.02502long leg$8K$425x
Hyperliquid MON+0.0100%1h0.02505+0.151%$33.8M$7.8M5xas long as short
Aster MONUSDT+0.0100%4h0.02502+0.035%$99K$213K10xas long as short
dYdX MON-USD+0.0100%1h0.02502+0.031%$13K5xas long as short
Pacifica MON+0.0100%1h0.02504+0.099%$139K$91K3xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance MONUSDTshort+0.0100%4h0.02502+0.018%$23.8M$27.5M75x
Bybit MONUSDT+0.0100%8h0.02499−0.101%$20.9M$13.9M50xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02499−0.101%$4.2M$6.2M50xas long as short
Bulk MON-USD+0.0100%1h0.02520+0.723%$103K−$010xas long as short
Gate MON_USDT+0.0100%4h0.02503+0.059%$939K$1.0M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02505+0.139%$2.9M$771K75xas long as short
Bitget MONUSDT+0.0100%4h0.02504+0.099%$2.7M$2.3M25xas long as short
Variational Omni MON+0.0100%8h0.02510+0.323%$747K$392Kas long as short
edgeX MONUSDC+0.0100%4h0.02510+0.357%$41K$251K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02513+0.459%$559K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02518+0.659%$68K$544K50xas long as short
Nado MON-PERP+0.0100%1h0.02506+0.172%$389K$575K10xas long as short
Orderly PERP_MON_USDC+0.0100%4h0.02503+0.059%$16K$40K10xas long as short
SoDEX MON-USD+0.0100%1h0.02503+0.059%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02505+0.146%$60K$328K10xas long as short
Aevo MON-PERP+0.0104%1h0.02500−0.041%$38K3xas long as short
01 Exchange MONUSD+0.0112%1h0.02503+0.067%$6K$3K5xas long as short
GMX MON/USD [ETH-USDC]L +0.0231% / S −0.0246%1h0.02501−0.009%$6K50xas long as short
BloFin MON-USDT+0.0340%4h0.02501−0.021%$1.3M$369K75xas long as short
Perpl MON+0.0447%43m0.02509+0.295%$119K$2.2M10xas long as short
Aftermath Perps MONUSD+0.0477%1h0.02513+0.456%$5K$103K10xas long as short
Coinbase International MON-PERP-INTX+0.0744%1h0.02525+0.939%$111K$54K50xas long as short
Kraken Futures PF_MONUSD+0.0799%1h0.02506+0.183%$269K$118K10xas long as short