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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h +0.013%
Price spread now: Variational Omni against Bybit+0.061%7-day average −0.016% · you sell dearer than you buy
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)+0.040%+$4 on $10k
Price spread, last 3 days (all we have)−0.125%−$13 · spread now +0.061%, 7d avg −0.016%
Together, before fees−0.085%+ Points / potential airdropVariational Omni: Active · farm board−$8 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: Variational Omni is 0.077% dearer against Bybit than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit MONUSDT0.025910.0099pay 0.0099% / 8h7h 08m$21.6M$12.2M50x
ShortVariational Omni MON0.025930.0100get 0.0100% / 8h7h 08m$780K$411K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$0.18
Price spread: +0.061% → −0.016%
$7.69
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$3.12
Costs to cover
0.110%
Break-even
125.3 days
Slippage unknown: Bybit: live order book, 5 min ago; Variational Omni: RFQ quote, 1 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 Bybit live order book, 5 min ago1.92 bp18.7 bp −$1964.9 bp −$649doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 1 min ago7.70 bpdoesn't fit134.8 bp −$1,348doesn'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−0.0444%1h0.02570−0.810%$6K$1085.5xas long as short
Phoenix MON0.0000%1h0.02599+0.316%$14K$351K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02594+0.100%$70K$119K25xas long as short
01 Exchange MONUSD+0.0016%1h0.02592+0.031%$6K$1K5xas long as short
Orderly PERP_MON_USDC+0.0063%4h0.02592+0.039%$17K$59K10xas long as short
Paradex MON-USD-PERP+0.0092%8h0.02590−0.050%$8K$425xas long as short
Lighter MON+0.0096%1h0.02595+0.154%$864K$755K10xas long as short
Bybit MONUSDTlong+0.0099%8h0.02591long leg$21.6M$12.2M50x
Nado MON-PERP+0.0100%1h0.02599+0.305%$401K$523K10xas long as short
Hyperliquid MON+0.0100%1h0.02597+0.224%$35.4M$7.5M5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MONUSDT+0.0100%4h0.02595+0.165%$108K$231K10xas long as short
dYdX MON-USD+0.0100%1h0.02595+0.160%$13K5xas long as short
Pacifica MON+0.0100%1h0.02595+0.158%$144K$103K3xas long as short
Binance MONUSDT+0.0100%4h0.02592+0.039%$24.8M$25.4M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02589−0.077%$4.4M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02560−1.180%$106K$4K10xas long as short
Gate MON_USDT+0.0100%4h0.02592+0.039%$977K$931K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02599+0.309%$3.0M$728K75xas long as short
Bitget MONUSDT+0.0100%4h0.02593+0.077%$2.8M$1.9M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02593+0.077%$129K$142K10xas long as short
Variational Omni MONshort+0.0100%8h0.02593+0.061%$780K$411K
edgeX MONUSDC+0.0100%4h0.02595+0.141%$44K$247K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02600+0.348%$581K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02593+0.077%$69K$487K50xas long as short
SoDEX MON-USD+0.0100%1h0.02593+0.077%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02598+0.283%$50K$517K10xas long as short
Aevo MON-PERP+0.0104%1h0.02592+0.039%$39K3xas long as short
Aftermath Perps MONUSD+0.0208%1h0.02592+0.058%$4K$74K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0261% / S −0.0598%1h0.02593+0.089%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02600+0.347%$1.4M$310K75xas long as short
Perpl MON+0.0447%43m0.02595+0.154%$120K$2.1M10xas long as short
Kraken Futures PF_MONUSD+0.0460%1h0.02597+0.213%$273K$78K10xas long as short
Coinbase International MON-PERP-INTX+0.0808%1h0.02608+0.664%$114K$52K50xas long as short