After costs, if the gap returns to its 7d average, $10k−$89
spread now−0.221%7d average+0.019%fees + slippage, in and out−$65spread needed0.650%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MONUSDT | 0.02531 | 0.0100 | pay 0.0050% / 4h | 1h 56m | $2.6M | $1.8M | 25x |
| Short | Phoenix MON | 0.02525 | 0 | get 0.0000% / 1h | 56m 17s | $13K | $379K | 5x |
Bitget MONUSDT
Phoenix MONPrice 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
- −$22.13
- Funding while held
- −$3
- Slippage, 4 orders
- −$46.03
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$90.16
- Spread needed to break even
- 0.650%
Slippage from Bitget: live order book, 3 min ago; Phoenix: live order book, 42 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0100%
- Per $10,000 a day
- −$3.00
- 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 Bitget live order book, 3 min ago | 3.96 bp | 18.9 bp −$19 | 45.1 bp −$451 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 42 min ago | 1.17 bp | 13.0 bp −$13 | 44.7 bp −$447 | doesn't fit | doesn't fit |
MON price on every exchange
against the cheapest. Click to use as the short leg.Bulk0.02520cheapestVariational Omni0.02525+0.190%
Bulk
Variational OmniPhoenix0.02525+0.216%
OKX0.02526+0.240%ApeX Omni0.02526+0.240%Bybit0.02527+0.279%Injective0.02527+0.279%Aftermath Perps0.02528+0.305%edgeX0.02528+0.339%Binance0.02529+0.342%Lighter0.02529+0.359%Paradex0.02529+0.370%Aevo0.02530+0.398%SoDEX0.02530+0.398%GMX0.02530+0.414%Gate0.02531+0.438%
OKX
ApeX Omni
Bybit
Injective
Binance
Lighter
Paradex
Aevo
SoDEX
GMX
GateBitget0.02531+0.438%
Orderly0.02531+0.438%Pacifica0.02531+0.442%Backpack0.02531+0.446%01 Exchange0.02531+0.450%Aster0.02531+0.453%KuCoin0.02532+0.478%BloFin0.02532+0.478%Deribit0.02532+0.482%Kraken Futures0.02532+0.498%Nado0.02533+0.511%Extended0.02533+0.520%Hyperliquid0.02533+0.529%dYdX0.02533+0.537%Perpl0.02537+0.684%Coinbase International0.02550+1.204%
Orderly
Pacifica
Backpack
Aster
KuCoin
BloFin
Deribit
Kraken Futures
Nado
Extended
Hyperliquid
dYdX
Perpl
Coinbase InternationalMON on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bulk MON-USD | −0.436% | +0.0100% | 1h | $103K | $5K | 10x | as long as short |
| Variational Omni MON | −0.247% | +0.0100% | 8h | $783K | $334K | — | as long as short |
| Phoenix MONshort | −0.221% | 0.0000% | 1h | $13K | $379K | 5x | |
| OKX MON-USDT-SWAP | −0.198% | +0.0100% | 4h | $4.3M | $5.9M | 50x | as long as short |
| ApeX Omni MONUSDT | −0.198% | +0.0100% | 1h | $67K | $492K | 50x | as long as short |
| Bybit MONUSDT | −0.158% | −0.0143% | 8h | $21.0M | $11.3M | 50x | as long as short |
| Injective MON/USDC PERP | −0.158% | −0.0220% | 1h | $5K | $106 | 5.5x | as long as short |
| Aftermath Perps MONUSD | −0.132% | +0.0807% | 1h | $2K | $73K | 10x | as long as short |
| edgeX MONUSDC | −0.099% | +0.0100% | 4h | $46K | $239K | 10x | as long as short |
| Binance MONUSDT | −0.096% | +0.0100% | 4h | $23.9M | $23.9M | 75x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter MON | −0.079% | +0.0096% | 1h | $826K | $748K | 10x | as long as short |
| Paradex MON-USD-PERP | −0.068% | +0.0100% | 8h | $8K | $42 | 5x | as long as short |
| Aevo MON-PERP | −0.040% | +0.0104% | 1h | $38K | — | 3x | as long as short |
| SoDEX MON-USD | −0.040% | +0.0100% | 1h | $5K | $6K | 5x | as long as short |
| GMX MON/USD [ETH-USDC] | −0.024% | L +0.0231% / S −0.0343% | 1h | $6K | — | 50x | as long as short |
| Gate MON_USDT | 0.000% | +0.0100% | 4h | $964K | $936K | 50x | as long as short |
| Bitget MONUSDTlong | 0.000% | +0.0100% | 4h | $2.6M | $1.8M | 25x | |
| Orderly PERP_MON_USDC | 0.000% | +0.0100% | 4h | $16K | $64K | 10x | as long as short |
| Pacifica MON | +0.004% | +0.0100% | 1h | $144K | $104K | 3x | as long as short |
| Backpack MON_USDC_PERP | +0.008% | −0.0632% | 1h | $123K | $128K | 10x | as long as short |
| 01 Exchange MONUSD | +0.012% | +0.0064% | 1h | $6K | $1K | 5x | as long as short |
| Aster MONUSDT | +0.015% | +0.0100% | 4h | $105K | $241K | 10x | as long as short |
| KuCoin MONUSDTM | +0.040% | +0.0266% | 4h | $2.6M | $670K | 75x | as long as short |
| BloFin MON-USDT | +0.040% | +0.0047% | 4h | $1.3M | $207K | 75x | as long as short |
| Deribit MON_USDC-PERPETUAL | +0.043% | 0.0000% | 1h | $47K | $74K | 25x | as long as short |
| Kraken Futures PF_MONUSD | +0.059% | +0.0202% | 1h | $252K | $73K | 10x | as long as short |
| Nado MON-PERP | +0.073% | +0.0100% | 1h | $310K | $528K | 10x | as long as short |
| Extended MON-USD | +0.082% | +0.0104% | 1h | $45K | $400K | 10x | as long as short |
| Hyperliquid MON | +0.091% | +0.0100% | 1h | $34.2M | $7.5M | 5x | as long as short |
| dYdX MON-USD | +0.099% | +0.0100% | 1h | $13K | — | 5x | as long as short |
| Perpl MON | +0.245% | +0.0223% | 43m | $208K | $1.7M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.763% | +0.0808% | 1h | $113K | $51K | 50x | as long as short |