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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bulk against Aster−0.864%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$194as in the Price arb table
costs, in and out, $10k−$1131.132% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.003%$0 on $10k
Price spread, last 4 days (all we have)+0.669%+$67 · spread now −0.864%, 7d avg −0.058%
Together, before fees+0.667%+ Points / potential airdropAster: Stage 5 · farm board+$67 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: Bulk is 0.806% cheaper against Aster than usual: you would sell low and buy high, −$81 on $10k if it goes back to its 7-day average of −0.058%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MONUSDT0.025830.0100pay 0.0050% / 4h3h 14m$107K$231K10x
ShortBulk MON-USD0.025600.0100get 0.0013% / 1h14m 29s$106K$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk 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

Funding earned
$0
Price spread: −0.864% → −0.058%
−$80.56
Slippage, 4 orders
−$98.17
Fee Aster: 4 bp × 2 orders
−$8
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$193.73
Costs to cover
1.132%
Break-even
never at this rate
Slippage from Aster: live order book, 57 min ago; Bulk: live order book, 59 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 Aster live order book, 57 min ago15.66 bp36.4 bp −$36doesn't fitdoesn't fitdoesn't fit
Sell Bulk live order book, 59 min ago19.57 bp23.1 bp −$2374.1 bp −$741457.9 bp −$45.8Kdoesn'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
Injective MON/USDC PERP−0.0444%1h0.02570−0.493%$6K$1085.5xas long as short
Phoenix MON0.0000%1h0.02563−0.768%$13K$351K5xas long as short
01 Exchange MONUSD+0.0016%1h0.02585+0.084%$6K$1K5xas long as short
Orderly PERP_MON_USDC+0.0063%4h0.02590+0.282%$17K$59K10xas long as short
Bybit MONUSDT+0.0080%8h0.02588+0.204%$21.5M$12.1M50xas long as short
Paradex MON-USD-PERP+0.0091%8h0.02583+0.019%$8K$425xas long as short
Lighter MON+0.0096%1h0.02584+0.049%$861K$755K10xas long as short
Nado MON-PERP+0.0100%1h0.02591+0.309%$398K$525K10xas long as short
Hyperliquid MON+0.0100%1h0.02590+0.286%$35.1M$7.5M5xas long as short
Aster MONUSDTlong+0.0100%4h0.02583long leg$107K$231K10x
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX MON-USD+0.0100%1h0.02581−0.078%$13K5xas long as short
Pacifica MON+0.0100%1h0.02584+0.046%$143K$103K3xas long as short
Binance MONUSDT+0.0100%4h0.02588+0.219%$24.7M$25.3M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02589+0.243%$4.3M$5.8M50xas long as short
Bulk MON-USDshort+0.0100%1h0.02560−0.864%$106K$4K10x
Gate MON_USDT+0.0100%4h0.02588+0.204%$974K$923K50xas long as short
Bitget MONUSDT+0.0100%4h0.02589+0.243%$2.8M$1.9M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02585+0.100%$130K$141K10xas long as short
Variational Omni MON+0.0100%8h0.02572−0.431%$773K$411Kas long as short
edgeX MONUSDC+0.0100%4h0.02570−0.509%$44K$248K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02572−0.419%$575K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02573−0.377%$69K$488K50xas long as short
SoDEX MON-USD+0.0100%1h0.02584+0.049%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02585+0.077%$49K$517K10xas long as short
Aevo MON-PERP+0.0104%1h0.02584+0.049%$39K3xas long as short
KuCoin MONUSDTM+0.0122%4h0.02590+0.282%$3.0M$724K75xas long as short
Deribit MON_USDC-PERPETUAL+0.0137%1h0.02586+0.131%$70K$119K25xas long as short
Aftermath Perps MONUSD+0.0204%1h0.02579−0.146%$4K$74K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0261% / S −0.0598%1h0.02589+0.255%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02577−0.222%$1.4M$307K75xas long as short
Perpl MON+0.0447%43m0.02588+0.220%$123K$2.1M10xas long as short
Kraken Futures PF_MONUSD+0.0462%1h0.02587+0.167%$272K$78K10xas long as short
Coinbase International MON-PERP-INTX+0.0808%1h0.02581−0.078%$113K$51K50xas long as short