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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Binance against Aevo+0.083%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.083% dearer against Aevo than usual: you sell high and buy low, +$8 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo MON-PERP0.025110.0104pay 0.0013% / 1h50m 18s$38K3x
ShortBinance MONUSDT0.025130.0100get 0.0050% / 4h3h 50m$23.9M$27.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Aevo. 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
−$0.84
Price spread: +0.083% → 0.000%
$8.34
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Binance: 5 bp × 2 orders
−$10
Net
−$18.5
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Binance: live order book, 6 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 Aevo no order-book sample
Sell Binance live order book, 6 min ago2.00 bp16.4 bp −$1664.3 bp −$643304.3 bp −$30.4Kdoesn't fit
Aevo: 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
Backpack MON_USDC_PERP−0.0268%1h0.02514+0.111%$110K$157K10xas long as short
Injective MON/USDC PERP−0.0089%1h0.02505−0.251%$5K$1085.5xas long as short
Phoenix MON0.0000%1h0.02508−0.115%$13K$346K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02515+0.131%$73K$137K25xas long as short
Lighter MON+0.0096%1h0.02516+0.187%$808K$765K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02513+0.050%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02517+0.211%$394K$573K10xas long as short
Hyperliquid MON+0.0100%1h0.02514+0.123%$34.0M$7.8M5xas long as short
Aster MONUSDT+0.0100%4h0.02513+0.079%$99K$213K10xas long as short
dYdX MON-USD+0.0100%1h0.02511+0.004%$13K5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica MON+0.0100%1h0.02513+0.080%$139K$91K3xas long as short
Binance MONUSDTshort+0.0100%4h0.02513+0.083%$23.9M$27.6M75x
Bybit MONUSDT+0.0100%8h0.02511−0.004%$21.0M$13.9M50xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02511−0.012%$4.2M$6.2M50xas long as short
Gate MON_USDT+0.0100%4h0.02514+0.108%$941K$1.0M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02514+0.108%$2.9M$766K75xas long as short
Bitget MONUSDT+0.0100%4h0.02513+0.068%$2.7M$2.3M25xas long as short
Variational Omni MON+0.0100%8h0.02511−0.009%$744K$408Kas long as short
edgeX MONUSDC+0.0100%4h0.02509−0.093%$41K$251K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02511−0.023%$559K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02510−0.052%$68K$543K50xas long as short
Orderly PERP_MON_USDC+0.0100%4h0.02513+0.068%$16K$42K10xas long as short
SoDEX MON-USD+0.0100%1h0.02514+0.108%$5K$6K5xas long as short
Bulk MON-USD+0.0100%1h0.02505−0.251%$103K−$010xas long as short
Extended MON-USD+0.0104%1h0.02516+0.186%$60K$328K10xas long as short
Aevo MON-PERPlong+0.0104%1h0.02511long leg$38K3x
01 Exchange MONUSD+0.0208%1h0.02515+0.155%$6K$3K5xas long as short
GMX MON/USD [ETH-USDC]L +0.0231% / S −0.0246%1h0.02514+0.108%$6K50xas long as short
BloFin MON-USDT+0.0340%4h0.02516+0.187%$1.3M$371K75xas long as short
Perpl MON+0.0447%43m0.02515+0.155%$119K$2.2M10xas long as short
Aftermath Perps MONUSD+0.0473%1h0.02509−0.074%$5K$103K10xas long as short
Coinbase International MON-PERP-INTX+0.0744%1h0.02519+0.311%$111K$54K50xas long as short
Kraken Futures PF_MONUSD+0.0795%1h0.02517+0.217%$270K$118K10xas long as short