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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0528%/8h= −57.8% APRnext payment $0.66 per $10,000 · paid last 24h −0.200%
Price spread now: Aevo against Coinbase International−1.127%7-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 5 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 −$16 a day on $10k at the current rate, and Aevo is 1.127% cheaper against Coinbase International than usual: you would sell low and buy high (−$113 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International MON-PERP-INTX0.025380.0632pay 0.0079% / 1h50m 32s$107K$55K50x
ShortAevo MON-PERP0.025090.0104get 0.0013% / 1h50m 32s$38K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Coinbase International. 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
−$110.88
Price spread: −1.127% → 0.000%
−$112.7
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$249.58
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 55 min ago; Aevo: 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 Coinbase International live order book, 55 min ago22.69 bp133.4 bp −$133doesn't fitdoesn't fitdoesn't fit
Sell Aevo no order-book sample
Aevo: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange MONUSD−0.0488%1h0.02511−1.032%$6K$2K5xas long as short
Deribit MON_USDC-PERPETUAL−0.0347%1h0.02511−1.064%$80K$115K25xas long as short
Phoenix MON−0.0316%1h0.02517−0.820%$12K$284K5xas long as short
Backpack MON_USDC_PERP−0.0196%1h0.02513−0.958%$113K$143K10xas long as short
Bybit MONUSDT−0.0158%8h0.02511−1.048%$21.4M$13.0M50xas long as short
Perpl MON0.0000%43m0.02513−0.989%$116K$2.1M10xas long as short
Injective MON/USDC PERP+0.0033%1h0.02541+0.134%$6K$925.5xas long as short
Paradex MON-USD-PERP+0.0040%8h0.02512−1.009%$8K$425xas long as short
Lighter MON+0.0096%1h0.02514−0.930%$824K$676K10xas long as short
Nado MON-PERP+0.0100%1h0.02513−0.967%$400K$552K10xas long as short
Show all 33 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MON+0.0100%1h0.02512−1.001%$33.7M$6.1M5xas long as short
Aster MONUSDT+0.0100%4h0.02513−0.962%$99K$204K10xas long as short
dYdX MON-USD+0.0100%1h0.02512−1.016%$13K5xas long as short
Pacifica MON+0.0100%1h0.02513−0.969%$139K$85K3xas long as short
Binance MONUSDT+0.0100%4h0.02514−0.911%$24.2M$25.2M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02514−0.930%$4.2M$5.6M50xas long as short
Bulk MON-USD+0.0100%1h0.02520−0.694%$103K$23810xas long as short
Gate MON_USDT+0.0100%4h0.02513−0.969%$1.1M$1.2M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02514−0.930%$2.9M$691K75xas long as short
Bitget MONUSDT+0.0100%4h0.02513−0.969%$2.8M$2.2M25xas long as short
Variational Omni MON+0.0100%8h0.02507−1.212%$749K$337Kas long as short
edgeX MONUSDC+0.0100%4h0.02514−0.922%$42K$249K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02518−0.772%$565K$1.4M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02519−0.733%$68K$548K50xas long as short
Orderly PERP_MON_USDC+0.0100%4h0.02511−1.048%$16K$35K10xas long as short
SoDEX MON-USD+0.0100%1h0.02510−1.088%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02512−1.024%$58K$317K10xas long as short
Aevo MON-PERPshort+0.0104%1h0.02509−1.127%$38K3x
Kraken Futures PF_MONUSD+0.0206%1h0.02514−0.926%$275K$125K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0231% / S −0.0246%1h0.02512−1.009%$6K50xas long as short
BloFin MON-USDT+0.0340%4h0.02508−1.166%$1.4M$374K75xas long as short
Aftermath Perps MONUSD+0.0380%1h0.02519−0.738%$5K$96K10xas long as short
Coinbase International MON-PERP-INTXlong+0.0632%1h0.02538long leg$107K$55K50x