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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.005%
Price spread now: Nado against Variational Omni+0.659%7-day average +0.254% · 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 4 days (all we have)+0.033%+$3 on $10k
Price spread, last 4 days (all we have)−0.253%−$25 · spread now +0.659%, 7d avg +0.254%
Together, before fees−0.220%+ Points / potential airdropVariational Omni: Active · Nado: Active · farm board−$22 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Nado is 0.404% dearer against Variational Omni than usual: you sell high and buy low, +$40 on $10k if it goes back to its 7-day average of +0.254%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni MON0.025070.0100pay 0.0100% / 8h4h 48m$749K$337K
ShortNado MON-PERP0.025230.0100get 0.0012% / 1h48m 29s$403K$552K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Variational Omni. 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: +0.659% → +0.254%
$40.41
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$33.41
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 59 min ago; Nado: live order book, 58 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 Variational Omni RFQ quote, 59 min ago7.97 bpdoesn't fit119.6 bp −$1,196doesn't fitdoesn't fit
Sell Nado live order book, 58 min ago0.60 bp9.7 bp −$10doesn't fitdoesn't fitdoesn't fit

MON on 33 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange MONUSD−0.0464%1h0.02521+0.577%$6K$2K5xas long as short
Deribit MON_USDC-PERPETUAL−0.0387%1h0.02510+0.114%$82K$115K25xas long as short
Phoenix MON−0.0316%1h0.02511+0.158%$12K$284K5xas long as short
Backpack MON_USDC_PERP−0.0224%1h0.02514+0.266%$113K$143K10xas long as short
Bybit MONUSDT−0.0157%8h0.02518+0.445%$21.4M$13.0M50xas long as short
Perpl MON0.0000%43m0.02512+0.222%$116K$2.1M10xas long as short
Injective MON/USDC PERP+0.0033%1h0.02541+1.363%$6K$925.5xas long as short
Paradex MON-USD-PERP+0.0039%8h0.02523+0.637%$8K$425xas long as short
Lighter MON+0.0096%1h0.02526+0.764%$828K$676K10xas long as short
Nado MON-PERPshort+0.0100%1h0.02523+0.659%$403K$552K10x
Show all 33 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MON+0.0100%1h0.02521+0.561%$33.8M$6.1M5xas long as short
Aster MONUSDT+0.0100%4h0.02522+0.605%$100K$190K10xas long as short
dYdX MON-USD+0.0100%1h0.02523+0.635%$13K5xas long as short
Pacifica MON+0.0100%1h0.02524+0.681%$140K$83K3xas long as short
Binance MONUSDT+0.0100%4h0.02521+0.582%$24.2M$25.1M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02515+0.326%$4.2M$5.6M50xas long as short
Bulk MON-USD+0.0100%1h0.02520+0.525%$103K$23810xas long as short
Gate MON_USDT+0.0100%4h0.02524+0.685%$1.1M$1.2M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02520+0.525%$2.9M$686K75xas long as short
Bitget MONUSDT+0.0100%4h0.02520+0.525%$2.8M$2.2M25xas long as short
Variational Omni MONlong+0.0100%8h0.02507long leg$749K$337K
edgeX MONUSDC+0.0100%4h0.02509+0.089%$41K$250K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02513+0.265%$564K$1.4M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02513+0.246%$68K$548K50xas long as short
Orderly PERP_MON_USDC+0.0100%4h0.02509+0.086%$16K$35K10xas long as short
SoDEX MON-USD+0.0100%1h0.02512+0.206%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02525+0.744%$61K$327K10xas long as short
Aevo MON-PERP+0.0104%1h0.02496−0.424%$38K3xas long as short
Kraken Futures PF_MONUSD+0.0207%1h0.02514+0.283%$275K$125K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0231% / S −0.0246%1h0.02510+0.142%$6K50xas long as short
BloFin MON-USDT+0.0340%4h0.02513+0.246%$1.4M$371K75xas long as short
Aftermath Perps MONUSD+0.0372%1h0.02517+0.399%$5K$96K10xas long as short
Coinbase International MON-PERP-INTX+0.0632%1h0.02538+1.227%$107K$55K50xas long as short