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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0436%/8h= −47.7% APRpaid last 24h +0.074%
Price spread now: 01 Exchange against edgeX−0.665%57s7-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 fees+ Points / potential airdropedgeX: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and 01 Exchange is 0.665% cheaper against edgeX than usual: you would sell low and buy high (−$67 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX MONUSDC0.025890.0100pay 0.0050% / 4h2h 04m$47K$242K10x
Short01 Exchange MONUSD0.02571−0.0336pay 0.0042% / 1h4m 00s$6K$1K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against edgeX. 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
−$91.56
Price spread: −0.665% → 0.000%
−$66.55
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$174.11
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: edgeX: live order book, 18 min ago; 01 Exchange: 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 edgeX live order book, 18 min ago9.61 bp21.7 bp −$22doesn't fitdoesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: 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−0.0739%1h0.02599+0.397%$6K$1105.5xas long as short
Deribit MON_USDC-PERPETUAL−0.0370%1h0.02581−0.310%$66K$114K25xas long as short
01 Exchange MONUSDshort−0.0336%1h0.02571−0.665%$6K$1K5x
Bybit MONUSDT−0.0027%8h0.02578−0.414%$21.5M$11.8M50xas long as short
Phoenix MON0.0000%1h0.02591+0.080%$13K$384K5xas long as short
Paradex MON-USD-PERP+0.0069%8h0.02579−0.394%$8K$425xas long as short
Orderly PERP_MON_USDC+0.0077%4h0.02579−0.376%$17K$64K10xas long as short
Aftermath Perps MONUSD+0.0081%1h0.02589+0.008%$2K$73K10xas long as short
Lighter MON+0.0096%1h0.02579−0.376%$843K$763K10xas long as short
Nado MON-PERP+0.0100%1h0.02582−0.271%$388K$536K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MON+0.0100%1h0.02582−0.268%$34.8M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02582−0.261%$108K$233K10xas long as short
dYdX MON-USD+0.0100%1h0.02583−0.206%$13K5xas long as short
Pacifica MON+0.0100%1h0.02580−0.337%$142K$106K3xas long as short
Binance MONUSDT+0.0100%4h0.02579−0.369%$24.5M$24.6M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02575−0.530%$4.4M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02600+0.435%$109K$3K10xas long as short
Gate MON_USDT+0.0100%4h0.02580−0.337%$1.0M$935K50xas long as short
Bitget MONUSDT+0.0100%4h0.02582−0.260%$2.7M$1.8M25xas long as short
Variational Omni MON+0.0100%8h0.02579−0.361%$778K$412Kas long as short
edgeX MONUSDClong+0.0100%4h0.02589long leg$47K$242K10x
GRVT MON_USDT_Perp+0.0100%4h0.02592+0.139%$583K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02589+0.011%$69K$479K50xas long as short
SoDEX MON-USD+0.0100%1h0.02578−0.414%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02581−0.282%$52K$407K10xas long as short
Aevo MON-PERP+0.0104%1h0.02578−0.411%$39K3xas long as short
BloFin MON-USDT+0.0109%4h0.02576−0.492%$1.4M$244K75xas long as short
Kraken Futures PF_MONUSD+0.0132%1h0.02584−0.190%$266K$67K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0261% / S −0.0598%1h0.02581−0.283%$9K50xas long as short
Backpack MON_USDC_PERP+0.0270%1h0.02581−0.306%$138K$137K10xas long as short
KuCoin MONUSDTM+0.0326%4h0.02581−0.299%$3.1M$747K75xas long as short
Perpl MON+0.0447%43m0.02580−0.349%$144K$1.8M10xas long as short
Coinbase International MON-PERP-INTX+0.0648%1h0.02607+0.694%$114K$50K50xas long as short