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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0207%/8h= +22.6% APRnext payment +$0.26 per $10,000 · paid last 24h −0.010%
Price spread now: Deribit against 01 Exchange+0.040%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 4 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 +$6 a day on $10k at the current rate, and Deribit is 0.040% dearer against 01 Exchange than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange MONUSD0.025310.0136pay 0.0017% / 1h18m 12s$6K$2K5x
ShortDeribit MON_USDC-PERPETUAL0.025320.0343get 0.0043% / 1h18m 12s$72K$115K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
$43.43
Price spread: +0.040% → 0.000%
$3.95
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$33.38
Costs to cover
0.140%
Break-even
1.6 days
Slippage unknown: 01 Exchange: no order-book sample; Deribit: live order book, 33 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 Deribit live order book, 33 min ago10.43 bp13.9 bp −$14doesn'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 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
Backpack MON_USDC_PERP−0.0167%1h0.02529−0.079%$111K$148K10xas long as short
Phoenix MON0.0000%1h0.02530−0.032%$13K$307K5xas long as short
Injective MON/USDC PERP+0.0033%1h0.02541+0.399%$6K$1055.5xas long as short
Bybit MONUSDT+0.0034%8h0.02529−0.083%$21.2M$13.6M50xas long as short
Lighter MON+0.0096%1h0.02534+0.122%$831K$765K10xas long as short
Paradex MON-USD-PERP+0.0099%8h0.02526−0.203%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02532+0.061%$395K$569K10xas long as short
Hyperliquid MON+0.0100%1h0.02533+0.063%$34.0M$6.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02533+0.068%$100K$202K10xas long as short
dYdX MON-USD+0.0100%1h0.02530−0.046%$13K5xas long as short
Show all 33 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica MON+0.0100%1h0.02528−0.115%$140K$88K3xas long as short
Binance MONUSDT+0.0100%4h0.02532+0.043%$24.4M$26.7M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02529−0.075%$4.2M$6.0M50xas long as short
Gate MON_USDT+0.0100%4h0.02531+0.004%$1.0M$1.2M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02532+0.043%$2.9M$756K75xas long as short
Bitget MONUSDT+0.0100%4h0.02531+0.004%$2.8M$2.3M25xas long as short
Variational Omni MON+0.0100%8h0.02528−0.115%$756K$379Kas long as short
edgeX MONUSDC+0.0100%4h0.02532+0.049%$42K$251K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02534+0.106%$563K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02533+0.083%$68K$547K50xas long as short
Orderly PERP_MON_USDC+0.0100%4h0.02531+0.004%$16K$36K10xas long as short
SoDEX MON-USD+0.0100%1h0.02532+0.043%$5K$6K5xas long as short
Bulk MON-USD+0.0100%1h0.02555+0.945%$105K−$010xas long as short
Extended MON-USD+0.0104%1h0.02533+0.066%$58K$326K10xas long as short
Aevo MON-PERP+0.0104%1h0.02530−0.020%$38K3xas long as short
01 Exchange MONUSDlong+0.0136%1h0.02531long leg$6K$2K5x
GMX MON/USD [ETH-USDC]L +0.0231% / S −0.0246%1h0.02528−0.122%$6K50xas long as short
BloFin MON-USDT+0.0340%4h0.02529−0.075%$1.4M$390K75xas long as short
Deribit MON_USDC-PERPETUALshort+0.0343%1h0.02532+0.040%$72K$115K25x
Perpl MON+0.0447%43m0.02531−0.008%$117K$2.1M10xas long as short
Aftermath Perps MONUSD+0.0638%1h0.02534+0.134%$4K$95K10xas long as short
Kraken Futures PF_MONUSD+0.0674%1h0.02536+0.186%$272K$121K10xas long as short
Coinbase International MON-PERP-INTX+0.0800%1h0.02561+1.201%$113K$51K50xas long as short