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

MON

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0001%/8h= +0.1% APRpaid last 24h 0.000%
Price spread now: Gate against Paradex+0.081%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: Gate is 0.081% dearer against Paradex than usual: you sell high and buy low, +$8 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-PERP0.025060.0099pay 0.0099% / 8h1h 56m$8K$425x
ShortGate MON_USDT0.025080.0100get 0.0050% / 4h1h 56m$939K$1.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$0.12
Price spread: +0.081% → 0.000%
$8.14
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$10.75
Costs to cover
0.190%
Break-even
647.2 days
Slippage unknown: Paradex: no order-book sample; Gate: live order book, just now. 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 Gate live order book, just now3.99 bp27.3 bp −$27318.5 bp −$3,185doesn'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
Phoenix MON0.0000%1h0.02517+0.445%$12K$336K5xas long as short
Bybit MONUSDT+0.0030%8h0.02507+0.041%$20.6M$13.7M50xas long as short
Backpack MON_USDC_PERP+0.0047%1h0.02510+0.149%$114K$154K10xas long as short
Aftermath Perps MONUSD+0.0058%1h0.02516+0.410%$6K$98K10xas long as short
Orderly PERP_MON_USDC+0.0084%4h0.02510+0.161%$16K$48K10xas long as short
Lighter MON+0.0096%1h0.02509+0.121%$809K$782K10xas long as short
Paradex MON-USD-PERPlong+0.0099%8h0.02506long leg$8K$425x
Nado MON-PERP+0.0100%1h0.02513+0.265%$402K$578K10xas long as short
Aster MONUSDT+0.0100%4h0.02509+0.140%$99K$221K10xas long as short
dYdX MON-USD+0.0100%1h0.02510+0.161%$13K5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica MON+0.0100%1h0.02509+0.125%$139K$93K3xas long as short
Binance MONUSDT+0.0100%4h0.02508+0.081%$23.9M$27.6M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02508+0.081%$4.2M$6.2M50xas long as short
Bulk MON-USD+0.0100%1h0.02520+0.555%$103K$1K10xas long as short
Gate MON_USDTshort+0.0100%4h0.02508+0.081%$939K$1.0M50x
KuCoin MONUSDTM+0.0100%4h0.02514+0.321%$2.9M$767K75xas long as short
Bitget MONUSDT+0.0100%4h0.02509+0.121%$2.7M$2.3M25xas long as short
Variational Omni MON+0.0100%8h0.02514+0.302%$746K$413Kas long as short
edgeX MONUSDC+0.0100%4h0.02513+0.278%$41K$249K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02519+0.508%$559K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02517+0.441%$68K$532K50xas long as short
SoDEX MON-USD+0.0100%1h0.02508+0.081%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02510+0.160%$53K$262K10xas long as short
Aevo MON-PERP+0.0104%1h0.02508+0.089%$38K3xas long as short
Injective MON/USDC PERP+0.0109%1h0.02506+0.002%$5K$1085.5xas long as short
Deribit MON_USDC-PERPETUAL+0.0149%1h0.02509+0.137%$74K$135K25xas long as short
GMX MON/USD [ETH-USDC]L +0.0231% / S −0.0246%1h0.02509+0.141%$6K50xas long as short
01 Exchange MONUSD+0.0312%1h0.02509+0.113%$7K$2K5xas long as short
BloFin MON-USDT+0.0340%4h0.02511+0.201%$1.3M$348K75xas long as short
Hyperliquid MON+0.0398%1h0.02512+0.241%$33.9M$7.8M5xas long as short
Perpl MON+0.0447%43m0.02510+0.169%$115K$2.2M10xas long as short
Coinbase International MON-PERP-INTX+0.0576%1h0.02542+1.458%$112K$55K50xas long as short
Kraken Futures PF_MONUSD+0.0842%1h0.02511+0.184%$270K$118K10xas long as short