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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0292%/8h= −32.0% APRpaid last 24h +0.052%
Price spread now: 01 Exchange against BloFin−0.705%98s7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and 01 Exchange is 0.705% cheaper against BloFin than usual: you would sell low and buy high (−$70 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 98 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin MON-USDT0.025680.0340pay 0.0170% / 4h1h 07m$1.3M$292K75x
Short01 Exchange MONUSD0.025500.0048get 0.0006% / 1h7m 25s$6K$1K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$61.32
Price spread: −0.705% → 0.000%
−$70.48
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$150.8
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 5 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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 5 min ago5.84 bp15.1 bp −$1534.8 bp −$348163.6 bp −$16.4Kdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit MONUSDT−0.0071%8h0.02547−0.818%$21.1M$11.8M50xas long as short
Injective MON/USDC PERP−0.0053%1h0.02575+0.273%$6K$1095.5xas long as short
Phoenix MON0.0000%1h0.02565−0.129%$13K$362K5xas long as short
Perpl MON0.0000%43m0.02551−0.658%$129K$1.8M10xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02564−0.140%$69K$119K25xas long as short
Aftermath Perps MONUSD+0.0023%1h0.02567−0.031%$2K$73K10xas long as short
01 Exchange MONUSDshort+0.0048%1h0.02550−0.705%$6K$1K5x
Orderly PERP_MON_USDC+0.0066%4h0.02549−0.740%$17K$64K10xas long as short
Paradex MON-USD-PERP+0.0088%8h0.02549−0.729%$8K$425xas long as short
Lighter MON+0.0096%1h0.02552−0.623%$852K$783K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado MON-PERP+0.0100%1h0.02552−0.633%$387K$543K10xas long as short
Hyperliquid MON+0.0100%1h0.02553−0.600%$34.5M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02552−0.625%$107K$231K10xas long as short
dYdX MON-USD+0.0100%1h0.02554−0.552%$13K5xas long as short
Pacifica MON+0.0100%1h0.02551−0.662%$141K$104K3xas long as short
Binance MONUSDT+0.0100%4h0.02549−0.740%$24.3M$24.8M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02548−0.779%$4.3M$5.8M50xas long as short
Bulk MON-USD+0.0100%1h0.02569+0.022%$108K$3K10xas long as short
Gate MON_USDT+0.0100%4h0.02550−0.701%$987K$879K50xas long as short
Bitget MONUSDT+0.0100%4h0.02551−0.662%$2.7M$1.8M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02551−0.678%$125K$139K10xas long as short
Variational Omni MON+0.0100%8h0.02564−0.169%$777K$407Kas long as short
edgeX MONUSDC+0.0100%4h0.02567−0.034%$47K$243K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02570+0.066%$576K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02569+0.039%$68K$482K50xas long as short
SoDEX MON-USD+0.0100%1h0.02554−0.545%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02552−0.630%$51K$407K10xas long as short
Aevo MON-PERP+0.0104%1h0.02564−0.175%$39K3xas long as short
Kraken Futures PF_MONUSD+0.0175%1h0.02563−0.202%$270K$78K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0598%1h0.02564−0.152%$8K50xas long as short
KuCoin MONUSDTM+0.0284%4h0.02555−0.506%$3.0M$699K75xas long as short
BloFin MON-USDTlong+0.0340%4h0.02568long leg$1.3M$292K75x
Coinbase International MON-PERP-INTX+0.0536%1h0.02560−0.312%$113K$48K50xas long as short