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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: dYdX against SoDEX−0.033%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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: dYdX is 0.033% cheaper against SoDEX than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX MON-USD0.025850.0100pay 0.0013% / 1h41m 13s$5K$6K5x
ShortdYdX MON-USD0.025840.0100get 0.0013% / 1h41m 13s$13K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
$0
Price spread: −0.033% → 0.000%
−$3.29
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$21.29
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; dYdX: no order-book sample. 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 dYdX no order-book sample
SoDEX and dYdX: 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−0.0121%1h0.02575−0.387%$6K$1065.5xas long as short
Bybit MONUSDT−0.0048%8h0.02584−0.039%$21.4M$12.0M50xas long as short
01 Exchange MONUSD−0.0032%1h0.02583−0.089%$6K$1K5xas long as short
Phoenix MON0.0000%1h0.02599+0.553%$14K$360K5xas long as short
Perpl MON0.0000%43m0.02586+0.046%$127K$1.8M10xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02586+0.035%$70K$119K25xas long as short
Aftermath Perps MONUSD+0.0045%1h0.02589+0.173%$2K$75K10xas long as short
Orderly PERP_MON_USDC+0.0067%4h0.02586+0.039%$17K$64K10xas long as short
Paradex MON-USD-PERP+0.0093%8h0.02583−0.084%$8K$425xas long as short
Variational Omni MON+0.0095%8h0.02591+0.220%$783K$408Kas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter MON+0.0096%1h0.02586+0.039%$859K$793K10xas long as short
Nado MON-PERP+0.0100%1h0.02589+0.144%$395K$545K10xas long as short
Hyperliquid MON+0.0100%1h0.02588+0.124%$35.0M$7.6M5xas long as short
Aster MONUSDT+0.0100%4h0.02584−0.030%$109K$231K10xas long as short
dYdX MON-USDshort+0.0100%1h0.02584−0.033%$13K5x
Pacifica MON+0.0100%1h0.02584−0.039%$143K$105K3xas long as short
Binance MONUSDT+0.0100%4h0.02584−0.044%$24.6M$25.2M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02583−0.077%$4.4M$6.0M50xas long as short
Gate MON_USDT+0.0100%4h0.025850.000%$984K$905K50xas long as short
Bitget MONUSDT+0.0100%4h0.02587+0.077%$2.8M$1.8M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02584−0.031%$128K$141K10xas long as short
edgeX MONUSDC+0.0100%4h0.02594+0.347%$48K$245K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02588+0.117%$586K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02596+0.426%$69K$481K50xas long as short
SoDEX MON-USDlong+0.0100%1h0.02585long leg$5K$6K5x
Bulk MON-USD+0.0100%1h0.02588+0.110%$109K$3K10xas long as short
Extended MON-USD+0.0104%1h0.02589+0.157%$52K$407K10xas long as short
Aevo MON-PERP+0.0104%1h0.02585−0.015%$39K3xas long as short
KuCoin MONUSDTM+0.0258%4h0.02589+0.155%$3.0M$717K75xas long as short
GMX MON/USD [ETH-USDC]L +0.0261% / S −0.0598%1h0.02584−0.023%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02586+0.039%$1.3M$310K75xas long as short
Kraken Futures PF_MONUSD+0.0417%1h0.02589+0.139%$272K$78K10xas long as short
Coinbase International MON-PERP-INTX+0.0480%1h0.02609+0.925%$115K$50K50xas long as short