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 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against Paradex−0.056%7-day average · you buy dearer than you sell
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: OKX is 0.056% cheaper against Paradex than usual: you would sell low and buy high, −$6 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-PERP0.024970.0100pay 0.0100% / 8h1h 23m$8K$425x
ShortOKX MON-USDT-SWAP0.024960.0100get 0.0050% / 4h1h 23m$4.2M$6.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$0.06
Price spread: −0.056% → 0.000%
−$5.6
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee OKX: 5 bp × 2 orders
−$10
Net
−$19.54
Costs to cover
0.140%
Break-even
2222.5 days
Slippage unknown: Paradex: no order-book sample; OKX: live order book, 4 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 OKX live order book, 4 min ago4.01 bp22.4 bp −$2285.5 bp −$855doesn'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%1h0.02491−0.276%$13K$353K5xas long as short
Bybit MONUSDT+0.0074%8h0.02497−0.028%$20.6M$13.7M50xas long as short
Orderly PERP_MON_USDC+0.0086%4h0.02501+0.144%$16K$48K10xas long as short
Lighter MON+0.0096%1h0.02500+0.104%$802K$787K10xas long as short
Paradex MON-USD-PERPlong+0.0100%8h0.02497long leg$8K$425x
Nado MON-PERP+0.0100%1h0.02501+0.164%$394K$574K10xas long as short
Aster MONUSDT+0.0100%4h0.02501+0.160%$99K$221K10xas long as short
dYdX MON-USD+0.0100%1h0.02500+0.104%$12K5xas long as short
Pacifica MON+0.0100%1h0.02499+0.076%$138K$91K3xas long as short
Binance MONUSDT+0.0100%4h0.02500+0.108%$23.8M$27.6M75xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX MON-USDT-SWAPshort+0.0100%4h0.02496−0.056%$4.2M$6.2M50x
Bulk MON-USD+0.0100%1h0.02485−0.496%$102K$1K10xas long as short
Gate MON_USDT+0.0100%4h0.02501+0.144%$932K$1.0M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02504+0.264%$2.9M$767K75xas long as short
Bitget MONUSDT+0.0100%4h0.02502+0.184%$2.7M$2.3M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02502+0.184%$110K$156K10xas long as short
Variational Omni MON+0.0100%8h0.02498+0.007%$741K$411Kas long as short
edgeX MONUSDC+0.0100%4h0.02492−0.215%$41K$250K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02494−0.128%$563K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02494−0.136%$68K$536K50xas long as short
SoDEX MON-USD+0.0100%1h0.02500+0.104%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02501+0.139%$47K$268K10xas long as short
Aevo MON-PERP+0.0104%1h0.02500+0.120%$38K3xas long as short
Injective MON/USDC PERP+0.0109%1h0.02489−0.336%$5K$1115.5xas long as short
GMX MON/USD [ETH-USDC]L +0.0230% / S −0.0246%1h0.02499+0.044%$6K50xas long as short
01 Exchange MONUSD+0.0248%1h0.02500+0.088%$6K$3K5xas long as short
Aftermath Perps MONUSD+0.0280%1h0.02496−0.066%$6K$100K10xas long as short
BloFin MON-USDT+0.0340%4h0.02502+0.184%$1.3M$349K75xas long as short
Hyperliquid MON+0.0390%1h0.02501+0.152%$33.8M$7.8M5xas long as short
Perpl MON+0.0447%43m0.02505+0.296%$121K$2.2M10xas long as short
Deribit MON_USDC-PERPETUAL+0.0510%1h0.02501+0.160%$73K$138K25xas long as short
Coinbase International MON-PERP-INTX+0.0576%1h0.02500+0.096%$110K$54K50xas long as short
Kraken Futures PF_MONUSD+0.0844%1h0.02503+0.220%$269K$119K10xas long as short