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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0329%/8h= +36.1% APRnext payment +$0.41 per $10,000 · paid last 24h +0.086%
Price spread now: GMX against dYdX−0.088%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. GMX is 0.088% cheaper against dYdX than usual: you would sell low and buy high (spread −0.088% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 21 hours of funding at the current rate (+$10 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX MON-USD0.025200.0100pay 0.0013% / 1h25m 15s$13K5x
ShortGMX MON/USD [ETH-USDC]0.02518L +0.0260% / S −0.0429%get 0.0054% / 1h25m 15s$9K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against dYdX. 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
$69.15
Price spread: −0.088% → 0.000%
−$8.77
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$38.38
Costs to cover
0.220%
Break-even
3.1 days
Slippage unknown: dYdX: no order-book sample; GMX: 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 dYdX no order-book sample
Sell GMX no order-book sample
dYdX and GMX: 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
Injective MON/USDC PERP−0.0203%1h0.02523+0.127%$5K$1125.5xas long as short
Bybit MONUSDT−0.0005%8h0.02515−0.191%$20.7M$13.4M50xas long as short
Phoenix MON0.0000%1h0.02525+0.218%$12K$358K5xas long as short
Orderly PERP_MON_USDC+0.0073%4h0.02519−0.032%$16K$48K10xas long as short
Backpack MON_USDC_PERP+0.0083%1h0.02523+0.119%$111K$151K10xas long as short
Lighter MON+0.0096%1h0.02519−0.032%$844K$732K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02516−0.135%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02522+0.078%$409K$586K10xas long as short
Hyperliquid MON+0.0100%1h0.02521+0.039%$33.9M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02520+0.009%$101K$222K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX MON-USDlong+0.0100%1h0.02520long leg$13K5x
Pacifica MON+0.0100%1h0.02520+0.008%$139K$93K3xas long as short
Binance MONUSDT+0.0100%4h0.02517−0.102%$23.9M$26.9M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02516−0.151%$4.2M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02520+0.008%$103K$2K10xas long as short
Gate MON_USDT+0.0100%4h0.02520+0.008%$942K$984K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02525+0.206%$2.9M$761K75xas long as short
Bitget MONUSDT+0.0100%4h0.02518−0.072%$2.7M$2.2M25xas long as short
Variational Omni MON+0.0100%8h0.02520−0.011%$747K$408Kas long as short
edgeX MONUSDC+0.0100%4h0.02522+0.092%$41K$250K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02525+0.206%$568K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02523+0.127%$68K$521K50xas long as short
SoDEX MON-USD+0.0100%1h0.02518−0.072%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02519−0.014%$48K$519K10xas long as short
Aevo MON-PERP+0.0104%1h0.02517−0.112%$38K3xas long as short
Deribit MON_USDC-PERPETUAL+0.0187%1h0.02519−0.036%$74K$136K25xas long as short
01 Exchange MONUSD+0.0224%1h0.02520+0.015%$6K$1K5xas long as short
GMX MON/USD [ETH-USDC]shortL +0.0260% / S −0.0429%1h0.02518−0.088%$9K50x
BloFin MON-USDT+0.0340%4h0.02521+0.047%$1.3M$337K75xas long as short
Aftermath Perps MONUSD+0.0352%1h0.02522+0.070%$2K$74K10xas long as short
Coinbase International MON-PERP-INTX+0.0368%1h0.02530+0.404%$110K$57K50xas long as short
Perpl MON+0.0447%43m0.02521+0.051%$114K$2.2M10xas long as short
Kraken Futures PF_MONUSD+0.0723%1h0.02521+0.032%$271K$113K10xas long as short