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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0132%/8h= +14.5% APRnext payment +$0.17 per $10,000 · paid last 24h −0.041%
Price spread now: Nado against 01 Exchange+0.217%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 fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Nado is 0.217% dearer against 01 Exchange than usual: you sell high and buy low: +$22 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange MONUSD0.02524−0.0032get 0.0004% / 1h40m 55s$6K$1K5x
ShortNado MON-PERP0.025300.0100get 0.0013% / 1h40m 55s$405K$544K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
$27.72
Price spread: +0.217% → 0.000%
$21.73
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$35.45
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: 01 Exchange: no order-book sample; Nado: live order book, 27 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 Nado live order book, 27 min ago0.58 bp10.2 bp −$10doesn'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−0.0388%1h0.02541+0.662%$6K$1065.5xas long as short
Bybit MONUSDT−0.0033%8h0.02517−0.289%$20.7M$12.8M50xas long as short
01 Exchange MONUSDlong−0.0032%1h0.02524long leg$6K$1K5x
Phoenix MON0.0000%1h0.02540+0.622%$13K$349K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02523−0.044%$68K$125K25xas long as short
Orderly PERP_MON_USDC+0.0059%4h0.02522−0.091%$16K$53K10xas long as short
Paradex MON-USD-PERP+0.0096%8h0.02523−0.066%$8K$425xas long as short
Lighter MON+0.0096%1h0.02524−0.012%$841K$740K10xas long as short
Aster MONUSDT+0.0100%4h0.02524−0.029%$101K$229K10xas long as short
dYdX MON-USD+0.0100%1h0.02526+0.059%$13K5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica MON+0.0100%1h0.02525+0.028%$140K$104K3xas long as short
Binance MONUSDT+0.0100%4h0.02521−0.147%$24.1M$26.1M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02520−0.170%$4.2M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02535+0.428%$105K$4K10xas long as short
Gate MON_USDT+0.0100%4h0.02521−0.131%$946K$899K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02524−0.012%$2.9M$745K75xas long as short
Bitget MONUSDT+0.0100%4h0.02523−0.051%$2.7M$2.0M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02525+0.016%$119K$161K10xas long as short
Variational Omni MON+0.0100%8h0.02520−0.186%$759K$411Kas long as short
edgeX MONUSDC+0.0100%4h0.02535+0.435%$43K$247K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02530+0.235%$568K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02532+0.305%$68K$492K50xas long as short
Nado MON-PERPshort+0.0100%1h0.02530+0.217%$405K$544K10x
SoDEX MON-USD+0.0100%1h0.02522−0.091%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02527+0.125%$48K$514K10xas long as short
Aevo MON-PERP+0.0104%1h0.02522−0.111%$38K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02523−0.040%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02549+0.978%$1.4M$310K75xas long as short
Hyperliquid MON+0.0361%1h0.02527+0.115%$34.5M$7.6M5xas long as short
Aftermath Perps MONUSD+0.0375%1h0.02536+0.473%$4K$76K10xas long as short
Perpl MON+0.0447%43m0.02524+0.004%$105K$2.2M10xas long as short
Coinbase International MON-PERP-INTX+0.0744%1h0.02542+0.697%$111K$52K50xas long as short
Kraken Futures PF_MONUSD+0.0847%1h0.02525+0.027%$275K$88K10xas long as short