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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:22 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.023%
Price spread now: edgeX against Perpl−0.057%66s7-day average −0.072% · 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 7 days−0.202%−$20 on $10k
Price spread, last 4 days (all we have)−0.024%−$2 · spread now −0.057%, 7d avg −0.072%
Together, before fees−0.226%+ Points / potential airdropPerpl: Active · edgeX: Active · farm board−$23 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.072%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.202%, so the current rate has only just turned in your favour. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPerpl MON0.025270get 0.0000% / 43m41m 17s$105K$2.3M10x
ShortedgeX MONUSDC0.025250.0100get 0.0050% / 4h1h 10m$41K$249K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Perpl. 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
$21
Price spread: −0.057% → −0.072%
$1.57
Slippage, 4 orders
no order book: not counted
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$0.23
Costs to cover
0.228%
Break-even
7.1 days
Slippage unknown: Perpl: no order-book sample; edgeX: live order book, 52 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 Perpl no order-book sample
Sell edgeX live order book, 52 min ago7.88 bp18.8 bp −$19doesn't fitdoesn't fitdoesn't fit
Perpl: 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 MON−0.0316%1h0.02528+0.063%$12K$367K5xas long as short
Backpack MON_USDC_PERP−0.0266%1h0.02531+0.190%$112K$152K10xas long as short
Injective MON/USDC PERP−0.0253%1h0.02528+0.055%$5K$1125.5xas long as short
Bybit MONUSDT−0.0138%8h0.02525−0.055%$20.7M$13.1M50xas long as short
01 Exchange MONUSD−0.0080%1h0.02530+0.135%$6K$1K5xas long as short
Perpl MONlong0.0000%43m0.02527long leg$105K$2.3M10x
Deribit MON_USDC-PERPETUAL0.0000%1h0.02527+0.020%$68K$125K25xas long as short
Orderly PERP_MON_USDC+0.0084%4h0.02527+0.016%$16K$51K10xas long as short
Lighter MON+0.0096%1h0.02531+0.174%$844K$738K10xas long as short
Paradex MON-USD-PERP+0.0099%8h0.02528+0.074%$8K$425xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado MON-PERP+0.0100%1h0.02532+0.215%$412K$544K10xas long as short
Hyperliquid MON+0.0100%1h0.02530+0.142%$34.2M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02528+0.075%$101K$222K10xas long as short
dYdX MON-USD+0.0100%1h0.02530+0.144%$13K5xas long as short
Pacifica MON+0.0100%1h0.02530+0.127%$140K$93K3xas long as short
Binance MONUSDT+0.0100%4h0.02527+0.030%$24.0M$26.6M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02526−0.024%$4.2M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02520−0.245%$103K$5K10xas long as short
Gate MON_USDT+0.0100%4h0.02528+0.055%$953K$965K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02530+0.135%$2.9M$743K75xas long as short
Bitget MONUSDT+0.0100%4h0.02530+0.135%$2.7M$2.1M25xas long as short
Variational Omni MON+0.0100%8h0.02523−0.142%$749K$405Kas long as short
edgeX MONUSDCshort+0.0100%4h0.02525−0.057%$41K$249K10x
GRVT MON_USDT_Perp+0.0100%4h0.02526−0.025%$565K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02524−0.103%$68K$504K50xas long as short
SoDEX MON-USD+0.0100%1h0.02527+0.016%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02528+0.041%$48K$513K10xas long as short
Aevo MON-PERP+0.0104%1h0.02527+0.016%$38K3xas long as short
Aftermath Perps MONUSD+0.0256%1h0.02528+0.075%$2K$74K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02526−0.008%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02526−0.024%$1.3M$320K75xas long as short
Kraken Futures PF_MONUSD+0.0492%1h0.02531+0.177%$270K$113K10xas long as short
Coinbase International MON-PERP-INTX+0.0536%1h0.02534+0.293%$112K$57K50xas long as short