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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0476%/8h= +52.1% APRnext payment +$0.60 per $10,000 · paid last 24h +0.211%
Price spread now: Coinbase International against SoDEX+0.281%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 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 for this trade now. Funding pays +$14 a day on $10k at the current rate, and Coinbase International is 0.281% dearer against SoDEX than usual: you sell high and buy low: +$28 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX MON-USD0.024890.0100pay 0.0013% / 1h28m 17s$5K$6K5x
ShortCoinbase International MON-PERP-INTX0.024960.0576get 0.0072% / 1h28m 17s$110K$54K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$99.96
Price spread: +0.281% → 0.000%
$28.12
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$110.08
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: SoDEX: no order-book sample; Coinbase International: live order book, 14 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 Coinbase International live order book, 14 min ago29.80 bp131.7 bp −$132doesn't fitdoesn't fitdoesn'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
Phoenix MON0.0000%1h0.02487−0.072%$13K$353K5xas long as short
Bybit MONUSDT+0.0066%8h0.02488−0.040%$20.5M$13.7M50xas long as short
Orderly PERP_MON_USDC+0.0085%4h0.024890.000%$16K$48K10xas long as short
Lighter MON+0.0096%1h0.02490+0.040%$798K$787K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02491+0.073%$7K$425xas long as short
Nado MON-PERP+0.0100%1h0.02494+0.201%$396K$572K10xas long as short
Aster MONUSDT+0.0100%4h0.02490+0.036%$99K$221K10xas long as short
dYdX MON-USD+0.0100%1h0.02487−0.083%$12K5xas long as short
Pacifica MON+0.0100%1h0.02491+0.060%$138K$91K3xas long as short
Binance MONUSDT+0.0100%4h0.02489−0.013%$23.7M$27.6M75xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX MON-USDT-SWAP+0.0100%4h0.024890.000%$4.2M$6.1M50xas long as short
Bulk MON-USD+0.0100%1h0.02485−0.160%$102K$1K10xas long as short
Gate MON_USDT+0.0100%4h0.024890.000%$927K$1.0M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02494+0.201%$2.9M$767K75xas long as short
Bitget MONUSDT+0.0100%4h0.024890.000%$2.7M$2.3M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02492+0.129%$109K$156K10xas long as short
Variational Omni MON+0.0100%8h0.02489−0.017%$738K$411Kas long as short
edgeX MONUSDC+0.0100%4h0.02490+0.025%$41K$251K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02492+0.101%$562K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.024890.000%$68K$536K50xas long as short
SoDEX MON-USDlong+0.0100%1h0.02489long leg$5K$6K5x
Extended MON-USD+0.0104%1h0.02492+0.129%$48K$266K10xas long as short
Aevo MON-PERP+0.0104%1h0.02489−0.016%$38K3xas long as short
Injective MON/USDC PERP+0.0109%1h0.024890.000%$5K$1115.5xas long as short
Deribit MON_USDC-PERPETUAL+0.0112%1h0.02490+0.040%$72K$138K25xas long as short
GMX MON/USD [ETH-USDC]L +0.0230% / S −0.0246%1h0.02488−0.028%$6K50xas long as short
Aftermath Perps MONUSD+0.0233%1h0.02491+0.092%$6K$100K10xas long as short
01 Exchange MONUSD+0.0240%1h0.02490+0.040%$6K$3K5xas long as short
BloFin MON-USDT+0.0340%4h0.02490+0.040%$1.3M$347K75xas long as short
Hyperliquid MON+0.0385%1h0.02492+0.133%$33.7M$7.8M5xas long as short
Perpl MON+0.0447%43m0.02490+0.044%$124K$2.2M10xas long as short
Coinbase International MON-PERP-INTXshort+0.0576%1h0.02496+0.281%$110K$54K50x
Kraken Futures PF_MONUSD+0.0848%1h0.02492+0.127%$268K$119K10xas long as short