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−0.0548%/8h= −60.0% APRnext payment $0.68 per $10,000 · paid last 24h −0.008%
Price spread now: Injective against Aevo−0.849%59s7-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 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 against this trade now: funding costs −$16 a day on $10k at the current rate, and Injective is 0.849% cheaper against Aevo than usual: you would sell low and buy high (−$85 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo MON-PERP0.025920.0104pay 0.0013% / 1h7m 26s$39K3x
ShortInjective MON/USDC PERP0.02570−0.0444pay 0.0055% / 1h7m 26s$6K$1085.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$114.99
Price spread: −0.849% → 0.000%
−$84.88
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$215.88
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Injective: 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 Aevo no order-book sample
Sell Injective no order-book sample
Aevo and Injective: 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 PERPshort−0.0444%1h0.02570−0.849%$6K$1085.5x
Phoenix MON0.0000%1h0.02599+0.278%$14K$351K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02594+0.062%$70K$119K25xas long as short
01 Exchange MONUSD+0.0016%1h0.02589−0.100%$6K$1K5xas long as short
Orderly PERP_MON_USDC+0.0063%4h0.025920.000%$17K$59K10xas long as short
Bybit MONUSDT+0.0089%8h0.02590−0.077%$21.6M$12.2M50xas long as short
Paradex MON-USD-PERP+0.0092%8h0.02590−0.071%$8K$425xas long as short
Lighter MON+0.0096%1h0.02593+0.039%$864K$755K10xas long as short
Nado MON-PERP+0.0100%1h0.02597+0.193%$401K$523K10xas long as short
Hyperliquid MON+0.0100%1h0.02596+0.174%$35.4M$7.5M5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MONUSDT+0.0100%4h0.02594+0.063%$108K$231K10xas long as short
dYdX MON-USD+0.0100%1h0.02593+0.022%$13K5xas long as short
Pacifica MON+0.0100%1h0.025920.000%$144K$103K3xas long as short
Binance MONUSDT+0.0100%4h0.02591−0.039%$24.8M$25.4M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02588−0.154%$4.3M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02595+0.116%$108K$4K10xas long as short
Gate MON_USDT+0.0100%4h0.025920.000%$977K$931K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02596+0.154%$2.9M$728K75xas long as short
Bitget MONUSDT+0.0100%4h0.02593+0.039%$2.8M$1.9M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02593+0.039%$129K$142K10xas long as short
Variational Omni MON+0.0100%8h0.02593+0.022%$780K$411Kas long as short
edgeX MONUSDC+0.0100%4h0.02598+0.217%$44K$248K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02600+0.325%$581K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02599+0.270%$69K$487K50xas long as short
SoDEX MON-USD+0.0100%1h0.02593+0.039%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02596+0.170%$50K$517K10xas long as short
Aevo MON-PERPlong+0.0104%1h0.02592long leg$39K3x
Aftermath Perps MONUSD+0.0203%1h0.02592+0.012%$4K$74K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0261% / S −0.0598%1h0.02593+0.050%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02600+0.309%$1.4M$310K75xas long as short
Perpl MON+0.0447%43m0.02593+0.058%$120K$2.1M10xas long as short
Kraken Futures PF_MONUSD+0.0460%1h0.02597+0.174%$273K$78K10xas long as short
Coinbase International MON-PERP-INTX+0.0808%1h0.02608+0.625%$114K$52K50xas long as short