Funding arb · Price arb /

MON

all MON markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0148%/8h= −16.2% APRpaid last 24h +0.061%

Price spread now: 01 Exchange against Bitget+0.081%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bitget Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. 01 Exchange is 0.081% dearer against Bitget than usual: you sell high and buy low (spread +0.081% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 44 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget MONUSDT	0.02590	0.0100	pay 0.0050% / 4h	48m 52s	$2.8M	$1.8M	25x
Short	01 Exchange MONUSD	0.02592	−0.0048	pay 0.0006% / 1h	48m 52s	$6K	$1K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Bitget. 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

Position, each leg$Hold fordaysFee BitgetbpFee 01 ExchangebpOrdersPrice spread, now +0.081%Rate

Funding earned: −$31.08
Price spread: +0.081% → 0.000%: $8.11
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$41.97
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 4 min ago; 01 Exchange: no order-book sample. Net counts fees only.

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, 4 min ago	7.73 bp	17.6 bp −$18	50.2 bp −$502	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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 on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective MON/USDC PERP	−0.0121%	1h	0.02575	−0.579%	$6K	$106	5.5x	as long as short
Bybit MONUSDT	−0.0062%	8h	0.02587	−0.116%	$21.4M	$12.0M	50x	as long as short
01 Exchange MONUSDshort	−0.0048%	1h	0.02592	+0.081%	$6K	$1K	5x
Phoenix MON	0.0000%	1h	0.02589	−0.035%	$13K	$360K	5x	as long as short
Perpl MON	0.0000%	43m	0.02593	+0.112%	$129K	$1.8M	10x	as long as short
Aftermath Perps MONUSD	+0.0028%	1h	0.02583	−0.262%	$2K	$74K	10x	as long as short
Orderly PERP_MON_USDC	+0.0067%	4h	0.02588	−0.077%	$17K	$64K	10x	as long as short
Variational Omni MON	+0.0088%	8h	0.02583	−0.263%	$781K	$409K	—	as long as short
Paradex MON-USD-PERP	+0.0091%	8h	0.02591	+0.054%	$8K	$42	5x	as long as short
Lighter MON	+0.0096%	1h	0.02589	−0.039%	$857K	$785K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado MON-PERP	+0.0100%	1h	0.02594	+0.167%	$396K	$547K	10x	as long as short
Hyperliquid MON	+0.0100%	1h	0.02590	+0.012%	$35.0M	$7.5M	5x	as long as short
Aster MONUSDT	+0.0100%	4h	0.02590	−0.013%	$109K	$231K	10x	as long as short
dYdX MON-USD	+0.0100%	1h	0.02592	+0.064%	$13K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02591	+0.039%	$143K	$105K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02590	−0.009%	$24.7M	$25.1M	75x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02589	−0.039%	$4.4M	$6.0M	50x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02589	−0.039%	$996K	$870K	50x	as long as short
Bitget MONUSDTlong	+0.0100%	4h	0.02590	long leg	$2.8M	$1.8M	25x
Backpack MON_USDC_PERP	+0.0100%	1h	0.02589	−0.046%	$129K	$141K	10x	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02585	−0.192%	$48K	$244K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02587	−0.123%	$576K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02584	−0.232%	$69K	$481K	50x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02588	−0.077%	$5K	$6K	5x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02588	−0.083%	$109K	$3K	10x	as long as short
Extended MON-USD	+0.0104%	1h	0.02590	+0.018%	$52K	$407K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02590	0.000%	$39K	—	3x	as long as short
Deribit MON_USDC-PERPETUAL	+0.0175%	1h	0.02591	+0.050%	$70K	$119K	25x	as long as short
KuCoin MONUSDTM	+0.0254%	4h	0.02591	+0.039%	$3.0M	$715K	75x	as long as short
GMX MON/USD [ETH-USDC]	L +0.0261% / S −0.0598%	1h	0.02591	+0.031%	$9K	—	50x	as long as short
BloFin MON-USDT	+0.0340%	4h	0.02586	−0.154%	$1.3M	$310K	75x	as long as short
Kraken Futures PF_MONUSD	+0.0417%	1h	0.02590	+0.013%	$272K	$78K	10x	as long as short
Coinbase International MON-PERP-INTX	+0.0480%	1h	0.02597	+0.278%	$114K	$50K	50x	as long as short