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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0016%/8h= +1.8% APRpaid last 24h 0.000%
Price spread now: Bitget against Paradex+0.087%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
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Bitget is 0.087% dearer against Paradex than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex MON-USD-PERP0.025780.0084pay 0.0084% / 8h1h 20m$8K$425x
ShortBitget MONUSDT0.025800.0100get 0.0050% / 4h1h 20m$2.7M$1.8M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$3.44
Price spread: +0.087% → 0.000%
$8.72
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$3.83
Costs to cover
0.160%
Break-even
14.8 days
Slippage unknown: Paradex: no order-book sample; Bitget: live order book, 2 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 Bitget live order book, 2 min ago5.82 bp27.5 bp −$2870.2 bp −$702doesn'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 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
Injective MON/USDC PERP−0.0053%1h0.02582+0.165%$6K$1085.5xas long as short
Bybit MONUSDT−0.0051%8h0.02572−0.208%$21.4M$11.8M50xas long as short
01 Exchange MONUSD0.0000%1h0.02581+0.111%$6K$1K5xas long as short
Phoenix MON0.0000%1h0.02577−0.045%$13K$362K5xas long as short
Perpl MON0.0000%43m0.02580+0.079%$143K$1.8M10xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02579+0.068%$70K$119K25xas long as short
Aftermath Perps MONUSD+0.0021%1h0.02578+0.004%$2K$73K10xas long as short
Orderly PERP_MON_USDC+0.0067%4h0.02577−0.029%$17K$64K10xas long as short
Paradex MON-USD-PERPlong+0.0084%8h0.02578long leg$8K$425x
Lighter MON+0.0096%1h0.02580+0.087%$855K$773K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado MON-PERP+0.0100%1h0.02584+0.240%$389K$539K10xas long as short
Hyperliquid MON+0.0100%1h0.02583+0.188%$34.9M$7.4M5xas long as short
Aster MONUSDT+0.0100%4h0.02579+0.059%$108K$231K10xas long as short
dYdX MON-USD+0.0100%1h0.02579+0.058%$13K5xas long as short
Pacifica MON+0.0100%1h0.02580+0.076%$142K$107K3xas long as short
Binance MONUSDT+0.0100%4h0.02577−0.029%$24.5M$24.6M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02574−0.146%$4.4M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02578−0.007%$108K$3K10xas long as short
Gate MON_USDT+0.0100%4h0.02579+0.048%$1.0M$872K50xas long as short
Bitget MONUSDTshort+0.0100%4h0.02580+0.087%$2.7M$1.8M25x
Backpack MON_USDC_PERP+0.0100%1h0.02577−0.010%$128K$143K10xas long as short
Variational Omni MON+0.0100%8h0.02573−0.197%$780K$407Kas long as short
edgeX MONUSDC+0.0100%4h0.02575−0.117%$47K$242K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02578−0.002%$578K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02578+0.010%$69K$480K50xas long as short
SoDEX MON-USD+0.0100%1h0.02578+0.010%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02583+0.217%$52K$407K10xas long as short
Aevo MON-PERP+0.0104%1h0.02578+0.017%$39K3xas long as short
Kraken Futures PF_MONUSD+0.0173%1h0.02582+0.147%$271K$78K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0598%1h0.02579+0.052%$9K50xas long as short
KuCoin MONUSDTM+0.0292%4h0.02583+0.204%$3.2M$698K75xas long as short
BloFin MON-USDT+0.0340%4h0.02581+0.126%$1.4M$293K75xas long as short
Coinbase International MON-PERP-INTX+0.0536%1h0.02607+1.123%$114K$49K50xas long as short