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

MON

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0008%/8h= +0.9% APRpaid last 24h +0.001%
Price spread now: Extended against Paradex+0.238%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 · Extended: 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: Extended is 0.238% dearer against Paradex than usual: you sell high and buy low, +$24 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-PERP0.025160.0096pay 0.0096% / 8h6h 40m$8K$425x
ShortExtended MON-USD0.025220.0104get 0.0013% / 1h40m 20s$48K$514K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$1.72
Price spread: +0.238% → 0.000%
$23.8
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$16.52
Costs to cover
0.090%
Break-even
from the start
Slippage unknown: Paradex: no order-book sample; Extended: live order book, 27 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 Extended live order book, 27 min ago3.86 bp25.6 bp −$26188.8 bp −$1,888doesn'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−0.0388%1h0.02541+0.994%$6K$1065.5xas long as short
Bybit MONUSDT−0.0050%8h0.02511−0.191%$20.6M$12.8M50xas long as short
01 Exchange MONUSD−0.0048%1h0.02515−0.060%$6K$1K5xas long as short
Phoenix MON0.0000%1h0.02540+0.954%$13K$349K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02523+0.286%$68K$125K25xas long as short
Orderly PERP_MON_USDC+0.0059%4h0.02515−0.040%$16K$51K10xas long as short
Paradex MON-USD-PERPlong+0.0096%8h0.02516long leg$8K$425x
Lighter MON+0.0096%1h0.02520+0.159%$840K$740K10xas long as short
Nado MON-PERP+0.0100%1h0.02517+0.023%$406K$546K10xas long as short
Aster MONUSDT+0.0100%4h0.02519+0.109%$101K$229K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX MON-USD+0.0100%1h0.02521+0.207%$13K5xas long as short
Pacifica MON+0.0100%1h0.02518+0.080%$139K$104K3xas long as short
Binance MONUSDT+0.0100%4h0.02513−0.130%$24.0M$26.1M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02513−0.119%$4.2M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02535+0.759%$105K$4K10xas long as short
Gate MON_USDT+0.0100%4h0.02514−0.079%$944K$900K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02517+0.040%$2.9M$745K75xas long as short
Bitget MONUSDT+0.0100%4h0.02514−0.079%$2.7M$2.0M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02525+0.346%$119K$161K10xas long as short
Variational Omni MON+0.0100%8h0.02520+0.144%$759K$411Kas long as short
edgeX MONUSDC+0.0100%4h0.02535+0.767%$43K$247K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02530+0.566%$568K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02532+0.636%$68K$492K50xas long as short
SoDEX MON-USD+0.0100%1h0.02522+0.239%$5K$6K5xas long as short
Extended MON-USDshort+0.0104%1h0.02522+0.238%$48K$514K10x
Aevo MON-PERP+0.0104%1h0.02515−0.040%$38K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02514−0.064%$9K50xas long as short
Hyperliquid MON+0.0339%1h0.02515−0.032%$34.1M$7.7M5xas long as short
BloFin MON-USDT+0.0340%4h0.02549+1.312%$1.4M$310K75xas long as short
Aftermath Perps MONUSD+0.0377%1h0.02533+0.690%$4K$76K10xas long as short
Perpl MON+0.0447%43m0.02513−0.119%$104K$2.2M10xas long as short
Coinbase International MON-PERP-INTX+0.0744%1h0.02542+1.029%$111K$52K50xas long as short
Kraken Futures PF_MONUSD+0.0847%1h0.02525+0.357%$275K$88K10xas long as short