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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC+0.0057%/8hpaid last 24h −0.016%
Price spread now: Variational Omni against BloFin−0.099%7-day average −0.148% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.158%−$16 on $10k
Price spread, last 3 days (all we have)−0.261%−$26 · spread now −0.099%, 7d avg −0.148%
Together, before fees−0.419%+ Points / potential airdropVariational Omni: Active · farm board−$42 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Variational Omni is 0.049% dearer against BloFin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.148%. Mind the row above: over the last 3 days funding on this pair cost −0.158%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin MON-USDT0.025290.0043pay 0.0021% / 4h6m 32s$1.3M$219K75x
ShortVariational Omni MON0.025260.0100get 0.0100% / 8h4h 06m$753K$366K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against BloFin. 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
$11.97
Price spread: −0.099% → −0.148%
$4.86
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$4.83
Costs to cover
0.120%
Break-even
4.2 days
Slippage unknown: BloFin: live order book, 5 min ago; Variational Omni: RFQ quote, 27 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 5 min ago5.93 bp19.6 bp −$2038.4 bp −$384doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 27 min ago9.91 bpdoesn't fit128.8 bp −$1,288doesn'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
Injective MON/USDC PERP−0.0242%1h0.02531+0.079%$5K$1115.5xas long as short
01 Exchange MONUSD−0.0168%1h0.02526−0.103%$6K$1K5xas long as short
Backpack MON_USDC_PERP−0.0159%1h0.02528−0.043%$133K$135K10xas long as short
Bybit MONUSDT−0.0082%8h0.02521−0.316%$20.9M$11.3M50xas long as short
Phoenix MON0.0000%1h0.02527−0.059%$13K$374K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02529−0.012%$47K$75K25xas long as short
BloFin MON-USDTlong+0.0043%4h0.02529long leg$1.3M$219K75x
Lighter MON+0.0096%1h0.02527−0.079%$826K$748K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02524−0.182%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02527−0.066%$314K$508K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MON+0.0100%1h0.02528−0.043%$34.1M$7.4M5xas long as short
Aster MONUSDT+0.0100%4h0.02526−0.101%$105K$240K10xas long as short
dYdX MON-USD+0.0100%1h0.02527−0.059%$13K5xas long as short
Pacifica MON+0.0100%1h0.02526−0.119%$143K$104K3xas long as short
Binance MONUSDT+0.0100%4h0.02525−0.158%$23.9M$23.7M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02523−0.237%$4.3M$5.7M50xas long as short
Bulk MON-USD+0.0100%1h0.02530+0.040%$106K$8K10xas long as short
Gate MON_USDT+0.0100%4h0.02526−0.119%$956K$939K50xas long as short
Bitget MONUSDT+0.0100%4h0.02526−0.119%$2.6M$1.7M25xas long as short
Variational Omni MONshort+0.0100%8h0.02526−0.099%$753K$366K
edgeX MONUSDC+0.0100%4h0.02531+0.082%$47K$241K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02532+0.113%$564K$1.4M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02533+0.158%$68K$488K50xas long as short
Orderly PERP_MON_USDC+0.0100%4h0.02526−0.119%$16K$64K10xas long as short
SoDEX MON-USD+0.0100%1h0.02528−0.040%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02527−0.073%$45K$400K10xas long as short
Aevo MON-PERP+0.0104%1h0.02527−0.059%$38K3xas long as short
KuCoin MONUSDTM+0.0206%4h0.02531+0.079%$3.0M$775K75xas long as short
GMX MON/USD [ETH-USDC]L +0.0230% / S −0.0343%1h0.02529−0.016%$6K50xas long as short
Aftermath Perps MONUSD+0.0416%1h0.02531+0.087%$2K$71K10xas long as short
Kraken Futures PF_MONUSD+0.0421%1h0.02530+0.053%$252K$57K10xas long as short
Perpl MON+0.0447%43m0.02528−0.047%$207K$1.7M10xas long as short
Coinbase International MON-PERP-INTX+0.0624%1h0.02543+0.569%$112K$49K50xas long as short