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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.005%
Price spread now: Nado against Binance+0.232%7-day average +0.153% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$490.490% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.002%$0 on $10k
Price spread, last 4 days (all we have)+0.053%+$5 · spread now +0.232%, 7d avg +0.153%
Together, before fees+0.056%+ Points / potential airdropNado: Active · farm board+$6 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: Nado is 0.079% dearer against Binance than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.153%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MONUSDT0.025100.0100pay 0.0050% / 4h1h 57m$23.9M$27.6M75x
ShortNado MON-PERP0.025160.0100get 0.0013% / 1h57m 37s$402K$578K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Binance. 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: +0.232% → +0.153%
$7.94
Slippage, 4 orders
−$32.01
Fee Binance: 5 bp × 2 orders
−$10
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$41.07
Costs to cover
0.490%
Break-even
never at this rate
Slippage from Binance: live order book, 14 min ago; Nado: live order book, 50 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 Binance live order book, 14 min ago1.98 bp11.5 bp −$1142.4 bp −$424504.5 bp −$50.5Kdoesn't fit
Sell Nado live order book, 50 min ago2.60 bp10.7 bp −$11doesn't fitdoesn't fitdoesn'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
Phoenix MON0.0000%1h0.02517+0.283%$12K$336K5xas long as short
Bybit MONUSDT+0.0028%8h0.02509−0.040%$20.6M$13.7M50xas long as short
Aftermath Perps MONUSD+0.0049%1h0.02519+0.341%$6K$98K10xas long as short
Orderly PERP_MON_USDC+0.0084%4h0.02516+0.239%$16K$48K10xas long as short
Lighter MON+0.0096%1h0.02515+0.199%$815K$777K10xas long as short
Paradex MON-USD-PERP+0.0099%8h0.02513+0.136%$8K$425xas long as short
Aster MONUSDT+0.0100%4h0.02512+0.085%$99K$221K10xas long as short
dYdX MON-USD+0.0100%1h0.02515+0.197%$13K5xas long as short
Pacifica MON+0.0100%1h0.02516+0.231%$139K$93K3xas long as short
Binance MONUSDTlong+0.0100%4h0.02510long leg$23.9M$27.6M75x
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX MON-USDT-SWAP+0.0100%4h0.025100.000%$4.2M$6.2M50xas long as short
Bulk MON-USD+0.0100%1h0.02520+0.393%$103K$1K10xas long as short
Gate MON_USDT+0.0100%4h0.02512+0.080%$940K$1.0M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02517+0.279%$2.9M$767K75xas long as short
Bitget MONUSDT+0.0100%4h0.02513+0.120%$2.7M$2.3M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02516+0.231%$114K$154K10xas long as short
Variational Omni MON+0.0100%8h0.02514+0.141%$746K$413Kas long as short
edgeX MONUSDC+0.0100%4h0.02513+0.117%$41K$249K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02519+0.346%$559K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02517+0.279%$68K$532K50xas long as short
Nado MON-PERPshort+0.0100%1h0.02516+0.232%$402K$578K10x
SoDEX MON-USD+0.0100%1h0.02515+0.199%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02515+0.203%$53K$262K10xas long as short
Aevo MON-PERP+0.0104%1h0.02515+0.195%$38K3xas long as short
Injective MON/USDC PERP+0.0109%1h0.02506−0.159%$5K$1085.5xas long as short
GMX MON/USD [ETH-USDC]L +0.0231% / S −0.0246%1h0.02515+0.215%$6K50xas long as short
01 Exchange MONUSD+0.0336%1h0.02511+0.044%$7K$2K5xas long as short
BloFin MON-USDT+0.0340%4h0.02522+0.478%$1.3M$349K75xas long as short
Deribit MON_USDC-PERPETUAL+0.0346%1h0.02517+0.275%$74K$135K25xas long as short
Hyperliquid MON+0.0427%1h0.02519+0.351%$34.0M$7.8M5xas long as short
Perpl MON+0.0447%43m0.02518+0.327%$115K$2.2M10xas long as short
Coinbase International MON-PERP-INTX+0.0576%1h0.02542+1.295%$112K$55K50xas long as short
Kraken Futures PF_MONUSD+0.0840%1h0.02517+0.263%$270K$118K10xas long as short