data as of
Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Price arb /

MON

all MON markets
SwapFunding view
Alert
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$35
spread now+0.403%7d average+0.057%fees + slippage, in and out−$70spread needed0.698%
Long on edgeXShort on Backpack
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX MONUSDC0.025190.0100pay 0.0050% / 4h1h 58m$46K$241K10x
ShortBackpack MON_USDC_PERP0.02529−0.0532pay 0.0066% / 1h58m 22s$123K$128K10x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$40.31
Funding while held
−$18.95
Slippage, 4 orders
−$50.81
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$48.45
Spread needed to break even
0.698%
Slippage from edgeX: live order book, 40 min ago; Backpack: live order book, 41 min ago.

Cost of waiting

funding view
Funding /8h
−0.0632%
Per $10,000 a day
−$18.95
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 40 min ago9.79 bp21.6 bp −$22doesn't fitdoesn't fitdoesn't fit
Sell Backpack live order book, 41 min ago0.98 bp13.0 bp −$13doesn't fitdoesn't fitdoesn't fit

MON price on every exchange

against the cheapest. Click to use as the short leg.
edgeX0.02519cheapest
Bulk0.02520+0.032%OKX0.02524+0.193%Paradex0.02524+0.194%Bybit0.02525+0.217%Variational Omni0.02525+0.222%Phoenix0.02525+0.248%Pacifica0.02526+0.272%Binance0.02526+0.272%ApeX Omni0.02526+0.272%Aster0.02526+0.282%Aftermath Perps0.02526+0.284%Nado0.02526+0.291%01 Exchange0.02527+0.300%Orderly0.02527+0.312%Aevo0.02527+0.312%SoDEX0.02527+0.312%Lighter0.02528+0.352%Gate0.02528+0.352%Bitget0.02528+0.352%dYdX0.02528+0.356%GMX0.02528+0.359%Deribit0.02528+0.371%Hyperliquid0.02529+0.395%
Backpack0.02529+0.403%
Extended0.02530+0.420%BloFin0.02530+0.431%Perpl0.02531+0.455%Kraken Futures0.02531+0.463%KuCoin0.02532+0.510%Injective0.02540+0.828%Coinbase International0.02550+1.237%

MON on 32 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
edgeX MONUSDClong0.000%+0.0100%4h$46K$241K10x
Bulk MON-USD+0.032%+0.0100%1h$103K$5K10xas long as short
OKX MON-USDT-SWAP+0.193%+0.0100%4h$4.3M$5.9M50xas long as short
Paradex MON-USD-PERP+0.194%+0.0100%8h$8K$425xas long as short
Bybit MONUSDT+0.217%−0.0149%8h$21.0M$11.3M50xas long as short
Variational Omni MON+0.222%+0.0100%8h$783K$334K—as long as short
Phoenix MON+0.248%0.0000%1h$13K$379K5xas long as short
Pacifica MON+0.272%+0.0100%1h$144K$104K3xas long as short
Binance MONUSDT+0.272%+0.0100%4h$23.8M$23.9M75xas long as short
ApeX Omni MONUSDT+0.272%+0.0100%1h$67K$492K50xas long as short
Show all 32 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Aster MONUSDT+0.282%+0.0100%4h$105K$241K10xas long as short
Aftermath Perps MONUSD+0.284%+0.0833%1h$2K$73K10xas long as short
Nado MON-PERP+0.291%+0.0100%1h$309K$528K10xas long as short
01 Exchange MONUSD+0.300%+0.0024%1h$6K$1K5xas long as short
Orderly PERP_MON_USDC+0.312%+0.0100%4h$16K$64K10xas long as short
Aevo MON-PERP+0.312%+0.0104%1h$38K—3xas long as short
SoDEX MON-USD+0.312%+0.0100%1h$5K$6K5xas long as short
Lighter MON+0.352%+0.0096%1h$825K$748K10xas long as short
Gate MON_USDT+0.352%+0.0100%4h$963K$936K50xas long as short
Bitget MONUSDT+0.352%+0.0100%4h$2.6M$1.8M25xas long as short
dYdX MON-USD+0.356%+0.0100%1h$13K—5xas long as short
GMX MON/USD [ETH-USDC]+0.359%L +0.0231% / S −0.0343%1h$6K—50xas long as short
Deribit MON_USDC-PERPETUAL+0.371%+0.0027%1h$47K$74K25xas long as short
Hyperliquid MON+0.395%+0.0100%1h$34.1M$7.5M5xas long as short
Backpack MON_USDC_PERPshort+0.403%−0.0532%1h$123K$128K10x
Extended MON-USD+0.420%+0.0104%1h$45K$400K10xas long as short
BloFin MON-USDT+0.431%+0.0122%4h$1.3M$207K75xas long as short
Perpl MON+0.455%+0.0223%43m$208K$1.7M10xas long as short
Kraken Futures PF_MONUSD+0.463%+0.0202%1h$252K$73K10xas long as short
KuCoin MONUSDTM+0.510%+0.0278%4h$2.6M$671K75xas long as short
Injective MON/USDC PERP+0.828%−0.0220%1h$6K$1055.5xas long as short
Coinbase International MON-PERP-INTX+1.237%+0.0808%1h$113K$51K50xas long as short