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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0536%/8h= +58.7% APRnext payment +$0.67 per $10,000 · paid last 24h +0.157%
Price spread now: Coinbase International against 01 Exchange+1.239%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 +$16 a day on $10k at the current rate, and Coinbase International is 1.239% dearer against 01 Exchange than usual: you sell high and buy low: +$124 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange MONUSD0.025750get 0.0000% / 1h17m 45s$6K$1K5x
ShortCoinbase International MON-PERP-INTX0.026070.0536get 0.0067% / 1h17m 45s$114K$49K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$112.56
Price spread: +1.239% → 0.000%
$123.89
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$219.45
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: 01 Exchange: no order-book sample; Coinbase International: live order book, 65 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 Coinbase International live order book, 65 min ago16.34 bp21.7 bp −$22doesn't fitdoesn'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−0.0053%1h0.02582+0.280%$6K$1085.5xas long as short
Bybit MONUSDT−0.0053%8h0.02571−0.136%$21.3M$11.8M50xas long as short
01 Exchange MONUSDlong0.0000%1h0.02575long leg$6K$1K5x
Phoenix MON0.0000%1h0.02577+0.070%$13K$362K5xas long as short
Perpl MON0.0000%43m0.02576+0.058%$143K$1.8M10xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02576+0.066%$70K$119K25xas long as short
Aftermath Perps MONUSD+0.0020%1h0.02577+0.103%$2K$73K10xas long as short
Orderly PERP_MON_USDC+0.0067%4h0.02574−0.031%$17K$64K10xas long as short
Paradex MON-USD-PERP+0.0085%8h0.02573−0.053%$8K$425xas long as short
Lighter MON+0.0096%1h0.02576+0.047%$853K$773K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado MON-PERP+0.0100%1h0.02579+0.168%$388K$539K10xas long as short
Hyperliquid MON+0.0100%1h0.02579+0.171%$34.9M$7.4M5xas long as short
Aster MONUSDT+0.0100%4h0.02577+0.085%$108K$231K10xas long as short
dYdX MON-USD+0.0100%1h0.02577+0.078%$13K5xas long as short
Pacifica MON+0.0100%1h0.02576+0.058%$142K$104K3xas long as short
Binance MONUSDT+0.0100%4h0.02575+0.011%$24.5M$24.6M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02576+0.047%$4.4M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02578+0.108%$108K$3K10xas long as short
Gate MON_USDT+0.0100%4h0.02576+0.047%$1.0M$872K50xas long as short
Bitget MONUSDT+0.0100%4h0.02576+0.047%$2.7M$1.8M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02575−0.012%$128K$143K10xas long as short
Variational Omni MON+0.0100%8h0.02575−0.005%$780K$407Kas long as short
edgeX MONUSDC+0.0100%4h0.02577+0.104%$47K$243K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02579+0.163%$579K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02578+0.124%$69K$480K50xas long as short
SoDEX MON-USD+0.0100%1h0.02575+0.008%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02579+0.149%$52K$407K10xas long as short
Aevo MON-PERP+0.0104%1h0.02574−0.019%$39K3xas long as short
Kraken Futures PF_MONUSD+0.0174%1h0.02579+0.166%$271K$78K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0598%1h0.02576+0.062%$9K50xas long as short
KuCoin MONUSDTM+0.0296%4h0.02582+0.280%$3.2M$695K75xas long as short
BloFin MON-USDT+0.0340%4h0.02577+0.085%$1.3M$293K75xas long as short
Coinbase International MON-PERP-INTXshort+0.0536%1h0.02607+1.239%$114K$49K50x