After costs, if the gap returns to its 7d average, $10k−$87
spread now+0.005%7d average+0.008%fees + slippage, in and out−$86spread needed0.863%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack MON_USDC_PERP | 0.02541 | 0.0071 | pay 0.0009% / 1h | 59m 31s | $133K | $135K | 10x |
| Short | Aster MONUSDT | 0.02541 | 0.0100 | get 0.0050% / 4h | 59m 31s | $106K | $240K | 10x |
Backpack MON_USDC_PERP
Aster 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
- $0.48
- Funding while held
- $0.86
- Slippage, 4 orders
- −$68.3
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$84.96
- Spread needed to break even
- 0.863%
Slippage from Backpack: live order book, 35 min ago; Aster: live order book, 60 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0029%
- Per $10,000 a day
- +$0.86
- 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 Backpack live order book, 35 min ago | 0.20 bp | 13.1 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 60 min ago | 13.84 bp | 29.0 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
MON price on every exchange
against the cheapest. Click to use as the short leg.Injective0.02535cheapestOKX0.02537+0.079%Orderly0.02538+0.118%Bybit0.02539+0.158%SoDEX0.02539+0.158%Deribit0.02540+0.193%Bulk0.02540+0.197%Binance0.02540+0.197%Paradex0.02540+0.197%Pacifica0.02540+0.201%
Injective
OKX
Orderly
Bybit
SoDEX
Deribit
Bulk
Binance
Paradex
PacificaBackpack0.02541+0.217%
Aevo0.02541+0.217%
AevoAster0.02541+0.222%
GMX0.02541+0.229%Bitget0.02541+0.237%ApeX Omni0.02541+0.237%Phoenix0.02542+0.256%Variational Omni0.02542+0.259%dYdX0.02542+0.259%01 Exchange0.02542+0.268%Kraken Futures0.02542+0.274%Lighter0.02542+0.276%Gate0.02542+0.276%Aftermath Perps0.02542+0.283%edgeX0.02542+0.284%BloFin0.02543+0.316%Nado0.02543+0.333%Extended0.02544+0.339%Hyperliquid0.02544+0.339%KuCoin0.02545+0.394%Coinbase International0.02546+0.418%Perpl0.02546+0.450%
GMX
Bitget
ApeX Omni
Phoenix
Variational Omni
dYdX
Kraken Futures
Lighter
Gate
BloFin
Nado
Extended
Hyperliquid
KuCoin
Coinbase International
PerplMON on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective MON/USDC PERP | −0.216% | −0.0220% | 1h | $6K | $109 | 5.5x | as long as short |
| OKX MON-USDT-SWAP | −0.138% | +0.0100% | 4h | $4.3M | $5.8M | 50x | as long as short |
| Orderly PERP_MON_USDC | −0.098% | +0.0100% | 4h | $17K | $64K | 10x | as long as short |
| Bybit MONUSDT | −0.059% | −0.0047% | 8h | $21.1M | $11.2M | 50x | as long as short |
| SoDEX MON-USD | −0.059% | +0.0100% | 1h | $5K | $6K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | −0.024% | 0.0000% | 1h | $47K | $74K | 25x | as long as short |
| Bulk MON-USD | −0.020% | +0.0100% | 1h | $104K | $5K | 10x | as long as short |
| Binance MONUSDT | −0.020% | +0.0100% | 4h | $24.0M | $23.7M | 75x | as long as short |
| Paradex MON-USD-PERP | −0.019% | +0.0100% | 8h | $8K | $42 | 5x | as long as short |
| Pacifica MON | −0.016% | +0.0100% | 1h | $144K | $104K | 3x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Backpack MON_USDC_PERPlong | 0.000% | +0.0071% | 1h | $133K | $135K | 10x | |
| Aevo MON-PERP | 0.000% | +0.0104% | 1h | $38K | — | 3x | as long as short |
| Aster MONUSDTshort | +0.005% | +0.0100% | 4h | $106K | $240K | 10x | |
| GMX MON/USD [ETH-USDC] | +0.012% | L +0.0231% / S −0.0343% | 1h | $6K | — | 50x | as long as short |
| Bitget MONUSDT | +0.020% | +0.0100% | 4h | $2.6M | $1.7M | 25x | as long as short |
| ApeX Omni MONUSDT | +0.020% | +0.0100% | 1h | $68K | $491K | 50x | as long as short |
| Phoenix MON | +0.039% | 0.0000% | 1h | $13K | $374K | 5x | as long as short |
| Variational Omni MON | +0.042% | +0.0100% | 8h | $757K | $366K | — | as long as short |
| dYdX MON-USD | +0.042% | +0.0100% | 1h | $13K | — | 5x | as long as short |
| 01 Exchange MONUSD | +0.051% | +0.0184% | 1h | $6K | $1K | 5x | as long as short |
| Kraken Futures PF_MONUSD | +0.057% | +0.0201% | 1h | $253K | $61K | 10x | as long as short |
| Lighter MON | +0.059% | +0.0096% | 1h | $828K | $750K | 10x | as long as short |
| Gate MON_USDT | +0.059% | +0.0100% | 4h | $960K | $927K | 50x | as long as short |
| Aftermath Perps MONUSD | +0.066% | +0.0497% | 1h | $2K | $72K | 10x | as long as short |
| edgeX MONUSDC | +0.067% | +0.0100% | 4h | $47K | $242K | 10x | as long as short |
| BloFin MON-USDT | +0.098% | +0.0091% | 4h | $1.3M | $214K | 75x | as long as short |
| Nado MON-PERP | +0.116% | +0.0100% | 1h | $316K | $529K | 10x | as long as short |
| Extended MON-USD | +0.122% | +0.0104% | 1h | $45K | $400K | 10x | as long as short |
| Hyperliquid MON | +0.122% | +0.0100% | 1h | $34.4M | $7.4M | 5x | as long as short |
| KuCoin MONUSDTM | +0.177% | +0.0186% | 4h | $2.6M | $667K | 75x | as long as short |
| Coinbase International MON-PERP-INTX | +0.201% | +0.0808% | 1h | $113K | $51K | 50x | as long as short |
| Perpl MON | +0.232% | 0.0000% | 43m | $209K | $1.7M | 10x | as long as short |