Spread before costs (cost unknown: a leg has no order-book sample)−0.025%
7d average—if it closes, per $10,000$3funding while held, a day+$40.65
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MONUSDT | 0.02596 | 0.0100 | pay 0.0050% / 4h | 15m 15s | $24.7M | $23.4M | 75x |
| Short | Aftermath Perps MONUSD | 0.02596 | 0.1455 | get 0.0182% / 1h | 15m 15s | $6K | $84K | 10x |
Binance 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
- −$2.51
- Funding while held
- $40.65
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Net
- $19.14
- Spread needed to break even
- 0.190%
Slippage unknown: Binance: live order book, 12 min ago; Aftermath Perps: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.1355%
- Per $10,000 a day
- +$40.65
- 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 Binance live order book, 12 min ago | 3.86 bp | 16.8 bp −$17 | 49.9 bp −$499 | 450.9 bp −$45.1K | doesn't fit |
| Sell Aftermath Perps no order-book sample | — | — | — | — | — |
Aftermath Perps: 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 price on every exchange
against the cheapest. Click to use as the short leg.Injective0.02587cheapestVariational Omni0.02589+0.088%edgeX0.02592+0.206%Backpack0.02593+0.247%dYdX0.02593+0.248%Bulk0.02594+0.257%Phoenix0.02594+0.267%Bybit0.02594+0.271%OKX0.02594+0.271%Gate0.02594+0.271%ApeX Omni0.02594+0.271%SoDEX0.02594+0.271%Pacifica0.02595+0.309%Orderly0.02595+0.309%Paradex0.02595+0.325%Aster0.02596+0.331%Perpl0.02596+0.348%
Injective
Variational Omni
Backpack
dYdX
Bulk
Phoenix
Bybit
OKX
Gate
ApeX Omni
SoDEX
Pacifica
Orderly
Paradex
Aster
PerplBinance0.02596+0.359%
Aevo0.02596+0.359%GMX0.02597+0.390%Deribit0.02598+0.417%Bitget0.02598+0.425%BloFin0.02598+0.425%01 Exchange0.02599+0.445%Lighter0.02599+0.464%KuCoin0.02599+0.464%Nado0.02599+0.474%Kraken Futures0.02599+0.476%Hyperliquid0.02600+0.487%Extended0.02601+0.532%Coinbase International0.02606+0.727%
Aevo
GMX
Deribit
Bitget
BloFin
Lighter
KuCoin
Nado
Kraken Futures
Hyperliquid
Extended
Coinbase InternationalMON on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective MON/USDC PERP | −0.358% | +0.0064% | 1h | $6K | $110 | 5.5x | as long as short |
| Variational Omni MON | −0.270% | +0.0100% | 8h | $801K | $319K | — | as long as short |
| edgeX MONUSDC | −0.152% | +0.0100% | 4h | $48K | $240K | 10x | as long as short |
| Backpack MON_USDC_PERP | −0.111% | +0.0671% | 1h | $132K | $114K | 10x | as long as short |
| dYdX MON-USD | −0.111% | +0.0100% | 1h | $13K | — | 5x | as long as short |
| Bulk MON-USD | −0.102% | +0.0100% | 1h | $101K | $24K | 10x | as long as short |
| Phoenix MON | −0.092% | +0.0305% | 1h | $13K | $427K | 5x | as long as short |
| Bybit MONUSDT | −0.088% | +0.0100% | 8h | $21.7M | $11.1M | 50x | as long as short |
| OKX MON-USDT-SWAP | −0.088% | +0.0100% | 4h | $4.5M | $6.6M | 50x | as long as short |
| Gate MON_USDT | −0.088% | +0.0100% | 4h | $976K | $959K | 50x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni MONUSDT | −0.088% | +0.0100% | 1h | $69K | $499K | 50x | as long as short |
| SoDEX MON-USD | −0.088% | +0.0100% | 1h | $5K | $6K | 5x | as long as short |
| Pacifica MON | −0.050% | +0.0100% | 1h | $164K | $89K | 3x | as long as short |
| Orderly PERP_MON_USDC | −0.050% | +0.0100% | 4h | $17K | $76K | 10x | as long as short |
| Paradex MON-USD-PERP | −0.034% | +0.0100% | 8h | $8K | — | 5x | as long as short |
| Aster MONUSDT | −0.028% | +0.0100% | 4h | $114K | $222K | 10x | as long as short |
| Aftermath Perps MONUSDshort | −0.025% | +0.1455% | 1h | $6K | $84K | 10x | |
| Perpl MON | −0.011% | +0.0447% | 43m | $136K | $1.5M | 10x | as long as short |
| Binance MONUSDTlong | 0.000% | +0.0100% | 4h | $24.7M | $23.4M | 75x | |
| Aevo MON-PERP | 0.000% | +0.0104% | 1h | $39K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | +0.031% | L +0.0232% / S −0.0343% | 1h | $6K | — | 50x | as long as short |
| Deribit MON_USDC-PERPETUAL | +0.058% | +0.0328% | 1h | $44K | $69K | 25x | as long as short |
| Bitget MONUSDT | +0.066% | +0.0100% | 4h | $2.7M | $1.7M | 25x | as long as short |
| BloFin MON-USDT | +0.066% | +0.0111% | 4h | $1.4M | $200K | 75x | as long as short |
| 01 Exchange MONUSD | +0.085% | +0.0672% | 1h | $6K | $2K | 5x | as long as short |
| Lighter MON | +0.104% | +0.0096% | 1h | $887K | $795K | 10x | as long as short |
| KuCoin MONUSDTM | +0.104% | +0.0382% | 4h | $2.7M | $701K | 75x | as long as short |
| Nado MON-PERP | +0.114% | +0.0100% | 1h | $305K | $516K | 10x | as long as short |
| Kraken Futures PF_MONUSD | +0.116% | +0.0886% | 1h | $258K | $70K | 10x | as long as short |
| Hyperliquid MON | +0.127% | +0.0767% | 1h | $35.1M | $7.9M | 5x | as long as short |
| Extended MON-USD | +0.173% | +0.0104% | 1h | $46K | $406K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.366% | +0.1208% | 1h | $115K | $42K | 50x | as long as short |