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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: edgeX against Bulk+0.158%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$850.850% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.003%$0 on $10k
Price spread, last 4 days (all we have)+0.395%+$39 · spread now +0.158%, 7d avg −0.022%
Together, before fees+0.397%+ Points / potential airdropedgeX: Active · farm board+$40 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: edgeX is 0.180% dearer against Bulk than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of −0.022%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk MON-USD0.025050.0100pay 0.0013% / 1h48m 50s$103K−$010x
ShortedgeX MONUSDC0.025090.0100get 0.0050% / 4h3h 48m$41K$251K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Bulk. 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: +0.158% → −0.022%
$18.01
Slippage, 4 orders
−$69.04
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$67.04
Costs to cover
0.850%
Break-even
never at this rate
Slippage from Bulk: live order book, 50 min ago; edgeX: live order book, 48 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 Bulk live order book, 50 min ago19.96 bp23.5 bp −$2346.4 bp −$464149.5 bp −$14.9Kdoesn't fit
Sell edgeX live order book, 48 min ago8.00 bp18.9 bp −$19doesn'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
Backpack MON_USDC_PERP−0.0213%1h0.02517+0.479%$110K$157K10xas long as short
Injective MON/USDC PERP−0.0089%1h0.025050.000%$5K$1085.5xas long as short
Phoenix MON0.0000%1h0.02513+0.335%$13K$346K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02517+0.467%$73K$137K25xas long as short
Lighter MON+0.0096%1h0.02518+0.519%$809K$765K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02513+0.318%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02517+0.475%$394K$573K10xas long as short
Hyperliquid MON+0.0100%1h0.02517+0.479%$34.0M$7.8M5xas long as short
Aster MONUSDT+0.0100%4h0.02516+0.440%$99K$213K10xas long as short
dYdX MON-USD+0.0100%1h0.02511+0.255%$13K5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica MON+0.0100%1h0.02513+0.335%$139K$91K3xas long as short
Binance MONUSDT+0.0100%4h0.02515+0.412%$24.0M$27.6M75xas long as short
Bybit MONUSDT+0.0100%8h0.02514+0.339%$21.0M$13.9M50xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02516+0.439%$4.2M$6.3M50xas long as short
Gate MON_USDT+0.0100%4h0.02515+0.399%$941K$1.0M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02518+0.519%$2.9M$766K75xas long as short
Bitget MONUSDT+0.0100%4h0.02516+0.439%$2.7M$2.3M25xas long as short
Variational Omni MON+0.0100%8h0.02511+0.243%$744K$408Kas long as short
edgeX MONUSDCshort+0.0100%4h0.02509+0.158%$41K$251K10x
GRVT MON_USDT_Perp+0.0100%4h0.02511+0.229%$559K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02510+0.200%$68K$543K50xas long as short
Orderly PERP_MON_USDC+0.0100%4h0.02516+0.439%$16K$42K10xas long as short
SoDEX MON-USD+0.0100%1h0.02516+0.439%$5K$6K5xas long as short
Bulk MON-USDlong+0.0100%1h0.02505long leg$103K−$010x
Extended MON-USD+0.0104%1h0.02516+0.458%$60K$328K10xas long as short
Aevo MON-PERP+0.0104%1h0.02516+0.419%$38K3xas long as short
01 Exchange MONUSD+0.0216%1h0.02517+0.487%$6K$3K5xas long as short
GMX MON/USD [ETH-USDC]L +0.0231% / S −0.0246%1h0.02516+0.439%$6K50xas long as short
BloFin MON-USDT+0.0340%4h0.02516+0.439%$1.3M$371K75xas long as short
Perpl MON+0.0447%43m0.02515+0.415%$119K$2.2M10xas long as short
Aftermath Perps MONUSD+0.0466%1h0.02511+0.239%$5K$103K10xas long as short
Coinbase International MON-PERP-INTX+0.0744%1h0.02519+0.563%$111K$54K50xas long as short
Kraken Futures PF_MONUSD+0.0795%1h0.02519+0.547%$271K$118K10xas long as short