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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0007%/8h= −0.8% APRpaid last 24h 0.000%
Price spread now: Paradex against dYdX−0.121%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.121% cheaper against dYdX than usual: you would sell low and buy high, −$12 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX MON-USD0.025070.0100pay 0.0013% / 1h16m 04s$13K5x
ShortParadex MON-USD-PERP0.025040.0093get 0.0093% / 8h4h 16m$8K$425x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$1.46
Price spread: −0.121% → 0.000%
−$12.13
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$27.59
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; Paradex: 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 Paradex no order-book sample
dYdX and Paradex: 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
01 Exchange MONUSD−0.0216%1h0.02506−0.065%$6K$1K5xas long as short
Injective MON/USDC PERP−0.0176%1h0.02498−0.376%$5K$1125.5xas long as short
Backpack MON_USDC_PERP−0.0170%1h0.02507−0.009%$113K$151K10xas long as short
Bybit MONUSDT−0.0143%8h0.02504−0.157%$20.6M$13.3M50xas long as short
Phoenix MON0.0000%1h0.02502−0.196%$12K$359K5xas long as short
Perpl MON0.0000%43m0.02507−0.001%$107K$2.3M10xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02506−0.061%$74K$136K25xas long as short
Orderly PERP_MON_USDC+0.0072%4h0.02505−0.097%$16K$35K10xas long as short
Variational Omni MON+0.0078%8h0.02503−0.194%$740K$409Kas long as short
Paradex MON-USD-PERPshort+0.0093%8h0.02504−0.121%$8K$425x
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter MON+0.0096%1h0.02506−0.057%$843K$749K10xas long as short
Nado MON-PERP+0.0100%1h0.02508+0.011%$423K$575K10xas long as short
Hyperliquid MON+0.0100%1h0.02507−0.025%$33.8M$7.6M5xas long as short
Aster MONUSDT+0.0100%4h0.02508+0.016%$101K$222K10xas long as short
dYdX MON-USDlong+0.0100%1h0.02507long leg$13K5x
Pacifica MON+0.0100%1h0.02507−0.017%$138K$93K3xas long as short
Binance MONUSDT+0.0100%4h0.02504−0.137%$23.8M$26.9M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02503−0.176%$4.2M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02505−0.102%$103K$5K10xas long as short
Gate MON_USDT+0.0100%4h0.02506−0.057%$940K$994K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02509+0.063%$2.8M$757K75xas long as short
Bitget MONUSDT+0.0100%4h0.02506−0.057%$2.7M$2.2M25xas long as short
edgeX MONUSDC+0.0100%4h0.02501−0.239%$41K$251K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02505−0.097%$561K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02505−0.097%$67K$512K50xas long as short
SoDEX MON-USD+0.0100%1h0.02505−0.097%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02506−0.056%$49K$519K10xas long as short
Aevo MON-PERP+0.0104%1h0.02505−0.113%$38K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02505−0.117%$9K50xas long as short
Aftermath Perps MONUSD+0.0260%1h0.02505−0.085%$2K$74K10xas long as short
BloFin MON-USDT+0.0340%4h0.02507−0.017%$1.3M$338K75xas long as short
Coinbase International MON-PERP-INTX+0.0408%1h0.02507−0.009%$109K$57K50xas long as short
Kraken Futures PF_MONUSD+0.0543%1h0.02509+0.082%$269K$114K10xas long as short