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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:48 UTC+0.0343%/8h= +37.5% APRpaid last 24h −0.025%
Price spread now: Perpl against Aevo+0.103%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 fees+ Points / potential airdropPerpl: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Perpl is 0.103% dearer against Aevo than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo MON-PERP0.025260.0104pay 0.0013% / 1h53m 58s$38K3x
ShortPerpl MON0.025290.0447get 0.0040% / 43m7m 58s$115K$2.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Perpl 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
$71.93
Price spread: +0.103% → 0.000%
$10.29
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Net
$52.42
Costs to cover
0.298%
Break-even
1.9 days
Slippage unknown: Aevo: no order-book sample; Perpl: 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 Perpl no order-book sample
Aevo and Perpl: 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−0.0203%1h0.02507−0.764%$5K$1095.5xas long as short
Bybit MONUSDT−0.0082%8h0.02529+0.099%$20.8M$13.4M50xas long as short
Phoenix MON0.0000%1h0.02520−0.249%$12K$358K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02527+0.048%$74K$136K25xas long as short
Orderly PERP_MON_USDC+0.0072%4h0.02528+0.067%$16K$34K10xas long as short
Paradex MON-USD-PERP+0.0096%8h0.02530+0.152%$8K$425xas long as short
Lighter MON+0.0096%1h0.02528+0.067%$848K$732K10xas long as short
Nado MON-PERP+0.0100%1h0.02528+0.064%$427K$578K10xas long as short
Hyperliquid MON+0.0100%1h0.02528+0.055%$34.0M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02529+0.103%$101K$222K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX MON-USD+0.0100%1h0.02529+0.120%$13K5xas long as short
Pacifica MON+0.0100%1h0.02530+0.158%$140K$93K3xas long as short
Binance MONUSDT+0.0100%4h0.02529+0.107%$24.0M$26.9M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02527+0.028%$4.2M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02525−0.051%$104K$5K10xas long as short
Gate MON_USDT+0.0100%4h0.02528+0.067%$949K$979K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02530+0.146%$2.9M$757K75xas long as short
Bitget MONUSDT+0.0100%4h0.02530+0.146%$2.7M$2.2M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02529+0.103%$114K$151K10xas long as short
Variational Omni MON+0.0100%8h0.02521−0.207%$745K$410Kas long as short
edgeX MONUSDC+0.0100%4h0.02520−0.255%$41K$249K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02522−0.174%$565K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02521−0.210%$68K$512K50xas long as short
SoDEX MON-USD+0.0100%1h0.02526−0.012%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02530+0.147%$48K$519K10xas long as short
Aevo MON-PERPlong+0.0104%1h0.02526long leg$38K3x
01 Exchange MONUSD+0.0152%1h0.02532+0.210%$6K$1K5xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02527+0.044%$9K50xas long as short
Aftermath Perps MONUSD+0.0288%1h0.02521−0.191%$2K$74K10xas long as short
BloFin MON-USDT+0.0340%4h0.02526−0.012%$1.3M$341K75xas long as short
Coinbase International MON-PERP-INTX+0.0368%1h0.02533+0.285%$110K$57K50xas long as short
Perpl MONshort+0.0447%43m0.02529+0.103%$115K$2.3M10x
Kraken Futures PF_MONUSD+0.0721%1h0.02530+0.137%$272K$113K10xas long as short