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+0.0510%/8h= +55.8% APRnext payment +$0.64 per $10,000 · paid last 24h +0.022%
Price spread now: GMX against 01 Exchange−0.035%47s7-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 3 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. GMX is 0.035% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.035% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 5 hours of funding at the current rate (+$15 a day). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange MONUSD0.025780.0088pay 0.0011% / 1h30m 34s$6K$1K5x
ShortGMX MON/USD [ETH-USDC]0.02577L +0.0261% / S −0.0598%get 0.0075% / 1h30m 34s$9K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$107.06
Price spread: −0.035% → 0.000%
−$3.49
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee GMX: 6 bp × 2 orders
−$12
Net
$84.57
Costs to cover
0.190%
Break-even
1.5 days
Slippage unknown: 01 Exchange: no order-book sample; GMX: no order-book sample. 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 GMX no order-book sample
01 Exchange and GMX: 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%1h0.02576−0.081%$6K$1075.5xas long as short
Phoenix MON0.0000%1h0.02576−0.066%$13K$351K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02578−0.016%$70K$119K25xas long as short
Orderly PERP_MON_USDC+0.0068%4h0.02575−0.120%$17K$64K10xas long as short
01 Exchange MONUSDlong+0.0088%1h0.02578long leg$6K$1K5x
Lighter MON+0.0096%1h0.02579+0.035%$859K$754K10xas long as short
Paradex MON-USD-PERP+0.0098%8h0.02576−0.077%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02582+0.155%$394K$535K10xas long as short
Hyperliquid MON+0.0100%1h0.02582+0.147%$35.1M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02577−0.027%$107K$231K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX MON-USD+0.0100%1h0.02579+0.017%$13K5xas long as short
Pacifica MON+0.0100%1h0.02578−0.004%$142K$104K3xas long as short
Binance MONUSDT+0.0100%4h0.02578+0.008%$24.7M$25.5M75xas long as short
Bybit MONUSDT+0.0100%8h0.02576−0.081%$21.4M$12.2M50xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02576−0.081%$4.3M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02575−0.120%$106K$2K10xas long as short
Gate MON_USDT+0.0100%4h0.02577−0.043%$980K$904K50xas long as short
Bitget MONUSDT+0.0100%4h0.02579+0.035%$2.7M$1.9M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02578−0.012%$128K$141K10xas long as short
Variational Omni MON+0.0100%8h0.02575−0.136%$778K$407Kas long as short
edgeX MONUSDC+0.0100%4h0.02578−0.011%$44K$248K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02581+0.130%$585K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02574−0.159%$69K$486K50xas long as short
SoDEX MON-USD+0.0100%1h0.02576−0.081%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02581+0.095%$49K$520K10xas long as short
Aevo MON-PERP+0.0104%1h0.02577−0.058%$39K3xas long as short
KuCoin MONUSDTM+0.0142%4h0.02577−0.043%$3.0M$725K75xas long as short
Aftermath Perps MONUSD+0.0149%1h0.02577−0.027%$4K$76K10xas long as short
GMX MON/USD [ETH-USDC]shortL +0.0261% / S −0.0598%1h0.02577−0.035%$9K50x
BloFin MON-USDT+0.0340%4h0.02572−0.237%$1.4M$307K75xas long as short
Perpl MON+0.0447%43m0.02577−0.043%$173K$2.0M10xas long as short
Kraken Futures PF_MONUSD+0.0463%1h0.02580+0.081%$271K$78K10xas long as short
Coinbase International MON-PERP-INTX+0.0808%1h0.02577−0.043%$113K$51K50xas long as short