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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h −0.040%
Price spread now: ApeX Omni against 01 Exchange−0.225%55s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. ApeX Omni is 0.225% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.225% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$23 on $10k: about 11 days of funding at the current rate (+$2 a day). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange MONUSD0.025300.0032pay 0.0004% / 1h53m 42s$6K$1K5x
ShortApeX Omni MONUSDT0.025240.0100get 0.0013% / 1h53m 42s$68K$498K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against 01 Exchange. 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
$14.28
Price spread: −0.225% → 0.000%
−$22.53
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$25.25
Costs to cover
0.170%
Break-even
19.4 days
Slippage unknown: 01 Exchange: no order-book sample; ApeX Omni: live order book, 9 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 01 Exchange no order-book sample
Sell ApeX Omni live order book, 9 min ago9.85 bp18.4 bp −$18109.4 bp −$1,094doesn't fitdoesn't fit
01 Exchange: 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 32 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−0.0253%1h0.02531+0.051%$5K$1065.5xas long as short
Bybit MONUSDT−0.0064%8h0.02528−0.067%$20.8M$12.8M50xas long as short
Backpack MON_USDC_PERP−0.0040%1h0.02530+0.024%$118K$148K10xas long as short
Phoenix MON0.0000%1h0.02527−0.091%$13K$367K5xas long as short
Deribit MON_USDC-PERPETUAL+0.0026%1h0.02533+0.111%$68K$125K25xas long as short
01 Exchange MONUSDlong+0.0032%1h0.02530long leg$6K$1K5x
Orderly PERP_MON_USDC+0.0077%4h0.02530+0.012%$16K$51K10xas long as short
Lighter MON+0.0096%1h0.02531+0.051%$843K$738K10xas long as short
Paradex MON-USD-PERP+0.0099%8h0.02526−0.149%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02530+0.021%$405K$539K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MON+0.0100%1h0.02532+0.099%$34.3M$7.4M5xas long as short
Aster MONUSDT+0.0100%4h0.02530+0.028%$101K$229K10xas long as short
dYdX MON-USD+0.0100%1h0.02530+0.004%$13K5xas long as short
Pacifica MON+0.0100%1h0.02529−0.028%$140K$93K3xas long as short
Binance MONUSDT+0.0100%4h0.02529−0.028%$24.1M$25.9M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02528−0.067%$4.2M$5.8M50xas long as short
Bulk MON-USD+0.0100%1h0.02530+0.012%$105K$4K10xas long as short
Gate MON_USDT+0.0100%4h0.02529−0.028%$941K$908K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02530+0.012%$2.9M$741K75xas long as short
Bitget MONUSDT+0.0100%4h0.02530+0.012%$2.7M$2.0M25xas long as short
Variational Omni MON+0.0100%8h0.02538+0.331%$750K$404Kas long as short
edgeX MONUSDC+0.0100%4h0.02523−0.258%$43K$247K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02527−0.117%$565K$1.5M10xas long as short
ApeX Omni MONUSDTshort+0.0100%1h0.02524−0.225%$68K$498K50x
SoDEX MON-USD+0.0100%1h0.02531+0.051%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02529−0.015%$48K$518K10xas long as short
Aevo MON-PERP+0.0104%1h0.02532+0.091%$38K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02530+0.012%$9K50xas long as short
Aftermath Perps MONUSD+0.0323%1h0.02532+0.100%$2K$74K10xas long as short
Perpl MON+0.0447%43m0.02531+0.059%$105K$2.3M10xas long as short
Kraken Futures PF_MONUSD+0.0491%1h0.02533+0.138%$267K$97K10xas long as short
Coinbase International MON-PERP-INTX+0.0536%1h0.02535+0.194%$111K$51K50xas long as short