Funding arb · Price arb /

MON

all MON markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against Aster+0.019%7-day average −0.033% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$112as in the Price arb table

costs, in and out, $10k−$1171.171% of the position

Long on Aster Short on Binance

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.022%−$2 · spread now +0.019%, 7d avg −0.033%

Together, before fees−0.022%+ Points / potential airdropAster: Stage 5 · farm board−$2 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.052% dearer against Aster than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.033%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster MONUSDT	0.02499	0.0100	pay 0.0050% / 4h	3h 08m	$100K	$222K	10x
Short	Binance MONUSDT	0.02499	0.0100	get 0.0050% / 4h	3h 08m	$23.8M	$27.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Aster. 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

Position, each leg$Hold fordaysFee AsterbpFee BinancebpOrdersPrice spread, now +0.019%Rate

Funding earned: $0
Price spread: +0.019% → −0.033%: $5.17
Slippage, 4 orders: −$99.05
Fee Aster: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$111.89
Costs to cover: 1.171%
Break-even: never at this rate

Slippage from Aster: live order book, 43 min ago; Binance: live order book, 3 min ago.

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 Aster live order book, 43 min ago	15.82 bp	52.7 bp −$53	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 3 min ago	2.00 bp	18.5 bp −$18	61.5 bp −$615	288.6 bp −$28.9K	doesn't fit

MON on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective MON/USDC PERP	−0.0203%	1h	0.02515	+0.659%	$5K	$114	5.5x	as long as short
Phoenix MON	0.0000%	1h	0.02513	+0.571%	$12K	$358K	5x	as long as short
Bybit MONUSDT	+0.0006%	8h	0.02497	−0.061%	$20.5M	$13.5M	50x	as long as short
Backpack MON_USDC_PERP	+0.0018%	1h	0.02502	+0.135%	$110K	$152K	10x	as long as short
Deribit MON_USDC-PERPETUAL	+0.0070%	1h	0.02501	+0.087%	$74K	$136K	25x	as long as short
Orderly PERP_MON_USDC	+0.0078%	4h	0.02499	+0.019%	$16K	$48K	10x	as long as short
Lighter MON	+0.0096%	1h	0.02502	+0.139%	$839K	$733K	10x	as long as short
Paradex MON-USD-PERP	+0.0100%	8h	0.02498	−0.014%	$8K	$42	5x	as long as short
Nado MON-PERP	+0.0100%	1h	0.02501	+0.092%	$404K	$586K	10x	as long as short
Hyperliquid MON	+0.0100%	1h	0.02503	+0.167%	$33.7M	$7.5M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster MONUSDTlong	+0.0100%	4h	0.02499	long leg	$100K	$222K	10x
dYdX MON-USD	+0.0100%	1h	0.02501	+0.082%	$12K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02499	+0.019%	$138K	$92K	3x	as long as short
Binance MONUSDTshort	+0.0100%	4h	0.02499	+0.019%	$23.8M	$27.0M	75x
OKX MON-USDT-SWAP	+0.0100%	4h	0.02500	+0.059%	$4.2M	$6.0M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02510	+0.464%	$103K	$1K	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02499	+0.019%	$934K	$990K	50x	as long as short
KuCoin MONUSDTM	+0.0100%	4h	0.02501	+0.099%	$2.9M	$765K	75x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02502	+0.139%	$2.7M	$2.2M	25x	as long as short
Variational Omni MON	+0.0100%	8h	0.02506	+0.281%	$743K	$405K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02515	+0.673%	$41K	$250K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02517	+0.730%	$567K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02517	+0.739%	$68K	$521K	50x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02500	+0.059%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02501	+0.118%	$50K	$274K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02499	+0.039%	$38K	—	3x	as long as short
01 Exchange MONUSD	+0.0200%	1h	0.02497	−0.053%	$6K	$1K	5x	as long as short
GMX MON/USD [ETH-USDC]	L +0.0260% / S −0.0429%	1h	0.02500	+0.043%	$9K	—	50x	as long as short
Aftermath Perps MONUSD	+0.0322%	1h	0.02509	+0.406%	$2K	$78K	10x	as long as short
BloFin MON-USDT	+0.0340%	4h	0.02500	+0.059%	$1.3M	$338K	75x	as long as short
Coinbase International MON-PERP-INTX	+0.0368%	1h	0.02530	+1.260%	$110K	$57K	50x	as long as short
Perpl MON	+0.0447%	43m	0.02502	+0.147%	$113K	$2.2M	10x	as long as short
Kraken Futures PF_MONUSD	+0.0728%	1h	0.02503	+0.189%	$269K	$113K	10x	as long as short