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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC0.0000%/8hpaid last 24h −0.001%
Price spread now: Orderly against ApeX Omni−0.039%7-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 7 days−0.015%−$1 on $10k
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: Orderly is 0.039% cheaper against ApeX Omni than usual: you would sell low and buy high, −$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni MONUSDT0.025400.0100pay 0.0013% / 1h39m 02s$68K$489K50x
ShortOrderly PERP_MON_USDC0.025390.0100get 0.0050% / 4h39m 02s$17K$64K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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: −0.039% → 0.000%
−$3.94
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$19.94
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 13 min ago; Orderly: 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 ApeX Omni live order book, 13 min ago9.87 bp20.0 bp −$20108.7 bp −$1,087doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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−0.0242%1h0.02538−0.079%$6K$1085.5xas long as short
Backpack MON_USDC_PERP−0.0155%1h0.02538−0.098%$133K$135K10xas long as short
01 Exchange MONUSD−0.0120%1h0.02539−0.059%$6K$1K5xas long as short
Bybit MONUSDT−0.0015%8h0.02533−0.256%$21.1M$11.2M50xas long as short
Phoenix MON0.0000%1h0.02534−0.232%$13K$374K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02540−0.020%$47K$74K25xas long as short
BloFin MON-USDT+0.0075%4h0.02536−0.157%$1.3M$220K75xas long as short
Lighter MON+0.0096%1h0.02538−0.079%$827K$743K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02537−0.123%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02544+0.151%$316K$527K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MON+0.0100%1h0.02538−0.063%$34.3M$7.4M5xas long as short
Aster MONUSDT+0.0100%4h0.02540+0.009%$106K$240K10xas long as short
dYdX MON-USD+0.0100%1h0.02541+0.039%$13K5xas long as short
Pacifica MON+0.0100%1h0.02539−0.039%$144K$104K3xas long as short
Binance MONUSDT+0.0100%4h0.02536−0.173%$24.0M$23.8M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02533−0.276%$4.3M$5.8M50xas long as short
Bulk MON-USD+0.0100%1h0.02530−0.394%$103K$5K10xas long as short
Gate MON_USDT+0.0100%4h0.02537−0.118%$963K$932K50xas long as short
Bitget MONUSDT+0.0100%4h0.02537−0.118%$2.6M$1.7M25xas long as short
Variational Omni MON+0.0100%8h0.02538−0.063%$755K$366Kas long as short
edgeX MONUSDC+0.0100%4h0.02539−0.033%$47K$240K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02541+0.039%$569K$1.3M10xas long as short
ApeX Omni MONUSDTlong+0.0100%1h0.02540long leg$68K$489K50x
Orderly PERP_MON_USDCshort+0.0100%4h0.02539−0.039%$17K$64K10x
SoDEX MON-USD+0.0100%1h0.02536−0.157%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02538−0.061%$45K$400K10xas long as short
Aevo MON-PERP+0.0104%1h0.02536−0.150%$38K3xas long as short
Perpl MON+0.0223%43m0.02545+0.209%$209K$1.7M10xas long as short
GMX MON/USD [ETH-USDC]L +0.0230% / S −0.0343%1h0.02540+0.012%$6K50xas long as short
KuCoin MONUSDTM+0.0246%4h0.02545+0.197%$3.1M$773K75xas long as short
Kraken Futures PF_MONUSD+0.0420%1h0.02539−0.029%$253K$61K10xas long as short
Aftermath Perps MONUSD+0.0454%1h0.02538−0.064%$2K$72K10xas long as short
Coinbase International MON-PERP-INTX+0.0624%1h0.02546+0.220%$113K$51K50xas long as short