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

MON

all MON markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0042%/8h= +4.6% APRpaid last 24h +0.014%
Price spread now: Extended against Bybit+0.136%7-day average +0.201% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$900.900% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.135%+$13 on $10k
Price spread, last 4 days (all we have)+0.060%+$6 · spread now +0.136%, 7d avg +0.201%
Together, before fees+0.195%+ Points / potential airdropExtended: Active · farm board+$19 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.065% cheaper against Bybit than usual: you would sell low and buy high (spread +0.136% now, against its 7-day average of +0.201%). If the spread goes back, that is −$6 on $10k: about 5.1 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit MONUSDT0.024890.0062pay 0.0062% / 8h1h 31m$20.5M$13.7M50x
ShortExtended MON-USD0.024920.0104get 0.0013% / 1h31m 29s$48K$266K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bybit. 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
$8.83
Price spread: +0.136% → +0.201%
−$6.47
Slippage, 4 orders
−$73.96
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$87.6
Costs to cover
0.900%
Break-even
76.4 days
Slippage from Bybit: live order book, 7 min ago; Extended: live order book, 11 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 Bybit live order book, 7 min ago4.01 bp19.0 bp −$1958.8 bp −$588doesn't fitdoesn't fit
Sell Extended live order book, 11 min ago4.01 bp26.1 bp −$26185.0 bp −$1,850doesn'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
Phoenix MON0.0000%1h0.02487−0.072%$13K$353K5xas long as short
Bybit MONUSDTlong+0.0062%8h0.02489long leg$20.5M$13.7M50x
Orderly PERP_MON_USDC+0.0085%4h0.02486−0.121%$16K$48K10xas long as short
Lighter MON+0.0096%1h0.02491+0.080%$799K$787K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02489+0.015%$7K$425xas long as short
Nado MON-PERP+0.0100%1h0.02495+0.249%$397K$572K10xas long as short
Aster MONUSDT+0.0100%4h0.02487−0.081%$98K$221K10xas long as short
dYdX MON-USD+0.0100%1h0.02487−0.083%$12K5xas long as short
Pacifica MON+0.0100%1h0.02489+0.004%$138K$91K3xas long as short
Binance MONUSDT+0.0100%4h0.02489+0.003%$23.7M$27.6M75xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX MON-USDT-SWAP+0.0100%4h0.02491+0.080%$4.2M$6.1M50xas long as short
Bulk MON-USD+0.0100%1h0.02485−0.160%$102K$1K10xas long as short
Gate MON_USDT+0.0100%4h0.02487−0.080%$927K$1.0M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02492+0.121%$2.8M$764K75xas long as short
Bitget MONUSDT+0.0100%4h0.02490+0.040%$2.7M$2.3M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02488−0.052%$111K$155K10xas long as short
Variational Omni MON+0.0100%8h0.02489+0.003%$739K$411Kas long as short
edgeX MONUSDC+0.0100%4h0.02485−0.146%$41K$251K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02488−0.060%$561K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.024890.000%$68K$536K50xas long as short
SoDEX MON-USD+0.0100%1h0.02486−0.121%$5K$6K5xas long as short
Extended MON-USDshort+0.0104%1h0.02492+0.136%$48K$266K10x
Aevo MON-PERP+0.0104%1h0.02485−0.141%$38K3xas long as short
Injective MON/USDC PERP+0.0109%1h0.024890.000%$5K$1115.5xas long as short
Aftermath Perps MONUSD+0.0206%1h0.02492+0.126%$6K$100K10xas long as short
01 Exchange MONUSD+0.0224%1h0.02494+0.185%$7K$2K5xas long as short
GMX MON/USD [ETH-USDC]L +0.0230% / S −0.0246%1h0.02485−0.149%$6K50xas long as short
Deribit MON_USDC-PERPETUAL+0.0273%1h0.02487−0.088%$72K$138K25xas long as short
BloFin MON-USDT+0.0340%4h0.02483−0.241%$1.3M$346K75xas long as short
Hyperliquid MON+0.0392%1h0.02494+0.213%$33.7M$7.8M5xas long as short
Perpl MON+0.0447%43m0.02494+0.201%$119K$2.2M10xas long as short
Coinbase International MON-PERP-INTX+0.0576%1h0.02496+0.281%$110K$54K50xas long as short
Kraken Futures PF_MONUSD+0.0849%1h0.02489+0.001%$267K$119K10xas long as short