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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0091%/8h= +10.0% APRpaid last 24h −0.067%
Price spread now: Bybit against 01 Exchange+0.058%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 +$3 a day on $10k at the current rate, and Bybit is 0.058% dearer against 01 Exchange than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange MONUSD0.025820.0008pay 0.0001% / 1h5m 33s$6K$1K5x
ShortBybit MONUSDT0.025830.0099get 0.0099% / 8h7h 05m$21.5M$12.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$19.16
Price spread: +0.058% → 0.000%
$5.81
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$6.97
Costs to cover
0.180%
Break-even
4.5 days
Slippage unknown: 01 Exchange: no order-book sample; Bybit: live order book, 3 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 Bybit live order book, 3 min ago1.93 bp19.1 bp −$1964.1 bp −$641doesn'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 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−0.0444%1h0.02570−0.449%$6K$1085.5xas long as short
Phoenix MON0.0000%1h0.02592+0.414%$13K$351K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02584+0.105%$70K$119K25xas long as short
01 Exchange MONUSDlong+0.0008%1h0.02582long leg$6K$1K5x
Orderly PERP_MON_USDC+0.0063%4h0.02585+0.132%$17K$59K10xas long as short
Paradex MON-USD-PERP+0.0093%8h0.02582+0.010%$8K$425xas long as short
Lighter MON+0.0096%1h0.02585+0.132%$861K$755K10xas long as short
Bybit MONUSDTshort+0.0099%8h0.02583+0.058%$21.5M$12.2M50x
Nado MON-PERP+0.0100%1h0.02590+0.317%$399K$523K10xas long as short
Hyperliquid MON+0.0100%1h0.02588+0.267%$35.3M$7.5M5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MONUSDT+0.0100%4h0.02587+0.217%$108K$231K10xas long as short
dYdX MON-USD+0.0100%1h0.02588+0.238%$13K5xas long as short
Pacifica MON+0.0100%1h0.02584+0.093%$143K$103K3xas long as short
Binance MONUSDT+0.0100%4h0.02585+0.132%$24.7M$25.4M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02582+0.015%$4.3M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02595+0.519%$108K$4K10xas long as short
Gate MON_USDT+0.0100%4h0.02584+0.093%$974K$931K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02590+0.325%$2.9M$728K75xas long as short
Bitget MONUSDT+0.0100%4h0.02586+0.170%$2.8M$1.9M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02585+0.128%$129K$142K10xas long as short
Variational Omni MON+0.0100%8h0.02582+0.016%$776K$410Kas long as short
edgeX MONUSDC+0.0100%4h0.02591+0.345%$44K$248K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02600+0.729%$581K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02599+0.674%$69K$487K50xas long as short
SoDEX MON-USD+0.0100%1h0.02584+0.093%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02589+0.292%$49K$517K10xas long as short
Aevo MON-PERP+0.0104%1h0.02583+0.054%$39K3xas long as short
Aftermath Perps MONUSD+0.0210%1h0.02591+0.361%$4K$74K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0261% / S −0.0598%1h0.02584+0.077%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02592+0.403%$1.4M$309K75xas long as short
Perpl MON+0.0447%43m0.02585+0.139%$118K$2.1M10xas long as short
Kraken Futures PF_MONUSD+0.0461%1h0.02589+0.299%$272K$78K10xas long as short
Coinbase International MON-PERP-INTX+0.0808%1h0.02608+1.030%$114K$52K50xas long as short