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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against ApeX Omni−0.040%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$960.955% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.006%−$1 on $10k
Price spread, last 4 days (all we have)−0.289%−$29 · spread now −0.040%, 7d avg −0.020%
Together, before fees−0.296%−$30 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni MONUSDT0.025010.0100pay 0.0013% / 1h43m 12s$67K$507K50x
ShortGate MON_USDT0.025000.0100get 0.0050% / 4h43m 12s$947K$982K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against ApeX Omni. 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
Price spread: −0.040% → −0.020%
−$1.97
Slippage, 4 orders
−$70.5
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$97.47
Costs to cover
0.955%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 14 min ago; Gate: live order book, 14 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 14 min ago13.93 bp23.7 bp −$24106.2 bp −$1,062doesn't fitdoesn't fit
Sell Gate live order book, 14 min ago7.92 bp25.5 bp −$26297.0 bp −$2,970doesn't fitdoesn't fit

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
01 Exchange MONUSD−0.0464%1h0.02503+0.076%$6K$1K5xas long as short
Backpack MON_USDC_PERP−0.0284%1h0.02501−0.004%$112K$151K10xas long as short
Injective MON/USDC PERP−0.0176%1h0.02517+0.640%$5K$1095.5xas long as short
Bybit MONUSDT−0.0163%8h0.02497−0.144%$20.5M$13.2M50xas long as short
Deribit MON_USDC-PERPETUAL−0.0150%1h0.02499−0.088%$74K$134K25xas long as short
Phoenix MON0.0000%1h0.02505+0.152%$12K$359K5xas long as short
Perpl MON0.0000%43m0.02502+0.028%$107K$2.3M10xas long as short
Orderly PERP_MON_USDC+0.0071%4h0.02500−0.040%$16K$41K10xas long as short
Variational Omni MON+0.0086%8h0.02500−0.038%$740K$407Kas long as short
Paradex MON-USD-PERP+0.0088%8h0.02503+0.082%$8K$425xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter MON+0.0096%1h0.02500−0.040%$842K$747K10xas long as short
Nado MON-PERP+0.0100%1h0.02507+0.245%$430K$559K10xas long as short
Hyperliquid MON+0.0100%1h0.02501−0.016%$33.8M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02502+0.045%$100K$222K10xas long as short
dYdX MON-USD+0.0100%1h0.02506+0.202%$13K5xas long as short
Pacifica MON+0.0100%1h0.02506+0.200%$138K$93K3xas long as short
Binance MONUSDT+0.0100%4h0.02498−0.119%$23.7M$26.7M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02496−0.200%$4.2M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02495−0.229%$102K$5K10xas long as short
Gate MON_USDTshort+0.0100%4h0.02500−0.040%$947K$982K50x
KuCoin MONUSDTM+0.0100%4h0.02503+0.080%$2.8M$752K75xas long as short
Bitget MONUSDT+0.0100%4h0.02502+0.040%$2.7M$2.1M25xas long as short
edgeX MONUSDC+0.0100%4h0.02498−0.117%$41K$251K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02501−0.019%$559K$1.5M10xas long as short
ApeX Omni MONUSDTlong+0.0100%1h0.02501long leg$67K$507K50x
SoDEX MON-USD+0.0100%1h0.02497−0.160%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02500−0.029%$48K$521K10xas long as short
Aevo MON-PERP+0.0104%1h0.02500−0.040%$38K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02500−0.024%$9K50xas long as short
Aftermath Perps MONUSD+0.0260%1h0.02506+0.216%$2K$74K10xas long as short
BloFin MON-USDT+0.0340%4h0.02502+0.040%$1.3M$337K75xas long as short
Coinbase International MON-PERP-INTX+0.0408%1h0.02514+0.500%$110K$57K50xas long as short
Kraken Futures PF_MONUSD+0.0545%1h0.02502+0.034%$268K$116K10xas long as short