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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0017%/8h= −1.9% APRpaid last 24h +0.013%
Price spread now: BloFin against SoDEX−0.039%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.039% cheaper against SoDEX than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX MON-USD0.025860.0100pay 0.0013% / 1h30m 40s$5K$6K5x
ShortBloFin MON-USDT0.025850.0083get 0.0041% / 4h3h 30m$1.3M$236K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against SoDEX. 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
−$3.61
Price spread: −0.039% → 0.000%
−$3.87
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$27.48
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; BloFin: 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 SoDEX no order-book sample
Sell BloFin live order book, 2 min ago7.77 bp23.7 bp −$2457.5 bp −$575193.9 bp −$19.4Kdoesn't fit
SoDEX: 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−0.0181%1h0.02557−1.121%$6K$1095.5xas long as short
Bybit MONUSDT−0.0049%8h0.02584−0.089%$21.6M$11.5M50xas long as short
Phoenix MON0.0000%1h0.02568−0.692%$15K$374K5xas long as short
01 Exchange MONUSD+0.0080%1h0.02588+0.077%$6K$1K5xas long as short
BloFin MON-USDTshort+0.0083%4h0.02585−0.039%$1.3M$236K75x
Orderly PERP_MON_USDC+0.0096%4h0.025860.000%$17K$64K10xas long as short
Lighter MON+0.0096%1h0.02589+0.116%$847K$750K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02586+0.005%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02578−0.299%$321K$507K10xas long as short
Hyperliquid MON+0.0100%1h0.02590+0.147%$34.9M$7.4M5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MONUSDT+0.0100%4h0.02587+0.022%$108K$240K10xas long as short
dYdX MON-USD+0.0100%1h0.02588+0.081%$13K5xas long as short
Pacifica MON+0.0100%1h0.02587+0.039%$147K$103K3xas long as short
Binance MONUSDT+0.0100%4h0.02586+0.013%$24.5M$24.0M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02584−0.077%$4.4M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02565−0.812%$108K$3K10xas long as short
Gate MON_USDT+0.0100%4h0.02587+0.039%$984K$921K50xas long as short
Bitget MONUSDT+0.0100%4h0.02588+0.077%$2.7M$1.8M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02590+0.135%$134K$136K10xas long as short
Variational Omni MON+0.0100%8h0.02575−0.443%$763K$366Kas long as short
edgeX MONUSDC+0.0100%4h0.02567−0.735%$47K$242K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02573−0.510%$578K$1.4M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02574−0.464%$68K$483K50xas long as short
SoDEX MON-USDlong+0.0100%1h0.02586long leg$5K$6K5x
Extended MON-USD+0.0104%1h0.02588+0.077%$52K$407K10xas long as short
Aevo MON-PERP+0.0104%1h0.02612+1.005%$40K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0598%1h0.02584−0.089%$9K50xas long as short
Kraken Futures PF_MONUSD+0.0329%1h0.02591+0.201%$258K$58K10xas long as short
KuCoin MONUSDTM+0.0340%4h0.02592+0.232%$3.1M$787K75xas long as short
Aftermath Perps MONUSD+0.0446%1h0.02565−0.814%$2K$71K10xas long as short
Perpl MON+0.0447%43m0.02586+0.008%$212K$1.7M10xas long as short
Coinbase International MON-PERP-INTX+0.0496%1h0.02586−0.008%$114K$50K50xas long as short
Deribit MON_USDC-PERPETUAL+0.0561%1h0.02590+0.166%$53K$81K25xas long as short