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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against Variational Omni−0.475%7-day average +0.061% · 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)+0.027%+$3 on $10k
Price spread, last 4 days (all we have)−0.344%−$34 · spread now −0.475%, 7d avg +0.061%
Together, before fees−0.316%+ Points / potential airdropVariational Omni: Active · farm board−$32 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: OKX is 0.536% cheaper against Variational Omni than usual: you would sell low and buy high, −$54 on $10k if it goes back to its 7-day average of +0.061%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni MON0.025480.0100pay 0.0100% / 8h6h 47m$766K$411K
ShortOKX MON-USDT-SWAP0.025360.0100get 0.0050% / 4h2h 47m$4.2M$5.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.475% → +0.061%
−$53.56
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee OKX: 5 bp × 2 orders
−$10
Net
−$63.56
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 22 min ago; OKX: live order book, 6 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, 22 min ago7.70 bpdoesn't fit119.4 bp −$1,194doesn't fitdoesn't fit
Sell OKX live order book, 6 min ago1.96 bp19.9 bp −$2095.3 bp −$953doesn't fitdoesn't fit

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−0.0388%1h0.02541−0.279%$6K$1065.5xas long as short
01 Exchange MONUSD−0.0016%1h0.02539−0.346%$6K$1K5xas long as short
Phoenix MON0.0000%1h0.02547−0.032%$13K$349K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02539−0.361%$70K$124K25xas long as short
Bybit MONUSDT+0.0018%8h0.02535−0.522%$21.0M$12.4M50xas long as short
Orderly PERP_MON_USDC+0.0060%4h0.02537−0.436%$16K$58K10xas long as short
Paradex MON-USD-PERP+0.0095%8h0.02539−0.362%$8K$425xas long as short
Lighter MON+0.0096%1h0.02540−0.318%$846K$740K10xas long as short
Aster MONUSDT+0.0100%4h0.02540−0.305%$102K$229K10xas long as short
dYdX MON-USD+0.0100%1h0.02543−0.197%$13K5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica MON+0.0100%1h0.02539−0.342%$141K$104K3xas long as short
Binance MONUSDT+0.0100%4h0.02537−0.417%$24.2M$25.8M75xas long as short
OKX MON-USDT-SWAPshort+0.0100%4h0.02536−0.475%$4.2M$5.9M50x
Bulk MON-USD+0.0100%1h0.02535−0.511%$105K$4K10xas long as short
Gate MON_USDT+0.0100%4h0.02538−0.397%$958K$890K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02543−0.200%$2.9M$744K75xas long as short
Bitget MONUSDT+0.0100%4h0.02538−0.397%$2.7M$2.0M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02541−0.275%$120K$158K10xas long as short
Variational Omni MONlong+0.0100%8h0.02548long leg$766K$411K
edgeX MONUSDC+0.0100%4h0.02547−0.031%$44K$248K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02550+0.092%$573K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02550+0.074%$68K$490K50xas long as short
Nado MON-PERP+0.0100%1h0.02546−0.099%$406K$541K10xas long as short
SoDEX MON-USD+0.0100%1h0.02536−0.475%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02543−0.195%$49K$520K10xas long as short
Aevo MON-PERP+0.0104%1h0.02535−0.506%$38K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02538−0.389%$9K50xas long as short
Aftermath Perps MONUSD+0.0332%1h0.02550+0.059%$4K$75K10xas long as short
BloFin MON-USDT+0.0340%4h0.02549+0.035%$1.4M$310K75xas long as short
Hyperliquid MON+0.0387%1h0.02544−0.169%$34.7M$7.5M5xas long as short
Perpl MON+0.0447%43m0.02541−0.275%$114K$2.1M10xas long as short
Coinbase International MON-PERP-INTX+0.0744%1h0.02557+0.353%$112K$52K50xas long as short
Kraken Futures PF_MONUSD+0.0843%1h0.02538−0.390%$276K$88K10xas long as short