Spread before costs (cost unknown: a leg has no order-book sample)−0.105%
7d average—if it closes, per $10,000$10funding while held, a day−$28.49
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps MONUSD | 0.02528 | 0.0807 | pay 0.0101% / 1h | 55m 51s | $2K | $73K | 10x |
| Short | Bybit MONUSDT | 0.02525 | −0.0143 | pay 0.0143% / 8h | 5h 55m | $21.0M | $11.4M | 50x |
Bybit MONUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$10.48
- Funding while held
- −$28.49
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$58.96
- Spread needed to break even
- 0.200%
Slippage unknown: Aftermath Perps: no order-book sample; Bybit: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0950%
- Per $10,000 a day
- −$28.49
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aftermath Perps no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 4 min ago | 1.98 bp | 18.5 bp −$18 | 73.6 bp −$736 | doesn't fit | doesn't fit |
Aftermath Perps: 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 price on every exchange
against the cheapest. Click to use as the short leg.Bulk0.02520cheapestVariational Omni0.02525+0.190%
Bulk
Variational OmniBybit0.02525+0.200%
Phoenix0.02525+0.216%OKX0.02526+0.240%ApeX Omni0.02526+0.240%Injective0.02527+0.279%Binance0.02528+0.319%edgeX0.02528+0.339%Backpack0.02529+0.343%Lighter0.02529+0.359%Gate0.02529+0.359%Paradex0.02529+0.370%Bitget0.02530+0.398%Aevo0.02530+0.398%SoDEX0.02530+0.398%Aster0.02530+0.409%Hyperliquid0.02530+0.414%GMX0.02530+0.414%Orderly0.02531+0.438%Pacifica0.02531+0.442%01 Exchange0.02531+0.450%Extended0.02532+0.473%BloFin0.02532+0.478%Deribit0.02532+0.482%Kraken Futures0.02532+0.498%Nado0.02533+0.511%dYdX0.02533+0.537%KuCoin0.02534+0.557%Perpl0.02537+0.684%Coinbase International0.02550+1.204%
Phoenix
OKX
ApeX Omni
Injective
Binance
Backpack
Lighter
Gate
Paradex
Bitget
Aevo
SoDEX
Aster
Hyperliquid
GMX
Orderly
Pacifica
Extended
BloFin
Deribit
Kraken Futures
Nado
dYdX
KuCoin
Perpl
Coinbase InternationalMON on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bulk MON-USD | −0.304% | +0.0100% | 1h | $103K | $5K | 10x | as long as short |
| Variational Omni MON | −0.115% | +0.0100% | 8h | $783K | $334K | — | as long as short |
| Bybit MONUSDTshort | −0.105% | −0.0143% | 8h | $21.0M | $11.4M | 50x | |
| Phoenix MON | −0.089% | 0.0000% | 1h | $13K | $379K | 5x | as long as short |
| OKX MON-USDT-SWAP | −0.065% | +0.0100% | 4h | $4.3M | $5.9M | 50x | as long as short |
| ApeX Omni MONUSDT | −0.065% | +0.0100% | 1h | $67K | $492K | 50x | as long as short |
| Injective MON/USDC PERP | −0.026% | −0.0220% | 1h | $5K | $106 | 5.5x | as long as short |
| Aftermath Perps MONUSDlong | 0.000% | +0.0807% | 1h | $2K | $73K | 10x | |
| Binance MONUSDT | +0.014% | +0.0100% | 4h | $23.9M | $23.9M | 75x | as long as short |
| edgeX MONUSDC | +0.034% | +0.0100% | 4h | $46K | $239K | 10x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Backpack MON_USDC_PERP | +0.038% | −0.0565% | 1h | $123K | $128K | 10x | as long as short |
| Lighter MON | +0.053% | +0.0096% | 1h | $826K | $748K | 10x | as long as short |
| Gate MON_USDT | +0.053% | +0.0100% | 4h | $963K | $936K | 50x | as long as short |
| Paradex MON-USD-PERP | +0.065% | +0.0100% | 8h | $8K | $42 | 5x | as long as short |
| Bitget MONUSDT | +0.093% | +0.0100% | 4h | $2.6M | $1.8M | 25x | as long as short |
| Aevo MON-PERP | +0.093% | +0.0104% | 1h | $38K | — | 3x | as long as short |
| SoDEX MON-USD | +0.093% | +0.0100% | 1h | $5K | $6K | 5x | as long as short |
| Aster MONUSDT | +0.103% | +0.0100% | 4h | $105K | $241K | 10x | as long as short |
| Hyperliquid MON | +0.109% | +0.0100% | 1h | $34.1M | $7.5M | 5x | as long as short |
| GMX MON/USD [ETH-USDC] | +0.109% | L +0.0231% / S −0.0343% | 1h | $6K | — | 50x | as long as short |
| Orderly PERP_MON_USDC | +0.133% | +0.0100% | 4h | $16K | $64K | 10x | as long as short |
| Pacifica MON | +0.137% | +0.0100% | 1h | $144K | $104K | 3x | as long as short |
| 01 Exchange MONUSD | +0.144% | +0.0064% | 1h | $6K | $1K | 5x | as long as short |
| Extended MON-USD | +0.167% | +0.0104% | 1h | $45K | $400K | 10x | as long as short |
| BloFin MON-USDT | +0.172% | +0.0047% | 4h | $1.3M | $207K | 75x | as long as short |
| Deribit MON_USDC-PERPETUAL | +0.176% | 0.0000% | 1h | $47K | $74K | 25x | as long as short |
| Kraken Futures PF_MONUSD | +0.192% | +0.0202% | 1h | $252K | $73K | 10x | as long as short |
| Nado MON-PERP | +0.205% | +0.0100% | 1h | $310K | $528K | 10x | as long as short |
| dYdX MON-USD | +0.232% | +0.0100% | 1h | $13K | — | 5x | as long as short |
| KuCoin MONUSDTM | +0.251% | +0.0266% | 4h | $2.6M | $670K | 75x | as long as short |
| Perpl MON | +0.378% | +0.0223% | 43m | $208K | $1.7M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.896% | +0.0808% | 1h | $113K | $51K | 50x | as long as short |