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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.005%
Price spread now: Nado against Gate−0.015%50s7-day average +0.151% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$730.726% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.010%+$1 on $10k
Price spread, last 4 days (all we have)+0.427%+$43 · spread now −0.015%, 7d avg +0.151%
Together, before fees+0.437%+ Points / potential airdropNado: Active · farm board+$44 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Nado is 0.167% cheaper against Gate than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.151%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate MON_USDT0.025310.0100pay 0.0050% / 4h3h 52m$950K$979K50x
ShortNado MON-PERP0.025310.0100get 0.0013% / 1h52m 37s$427K$579K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Gate. 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
$0
Price spread: −0.015% → +0.151%
−$16.67
Slippage, 4 orders
−$50.59
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$89.26
Costs to cover
0.726%
Break-even
never at this rate
Slippage from Gate: live order book, 64 min ago; Nado: live order book, 65 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 64 min ago7.92 bp23.8 bp −$24doesn't fitdoesn't fitdoesn't fit
Sell Nado live order book, 65 min ago1.39 bp11.5 bp −$12doesn't fitdoesn't fitdoesn't fit

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%1h0.02528−0.119%$5K$1115.5xas long as short
Bybit MONUSDT−0.0073%8h0.02530−0.040%$20.8M$13.4M50xas long as short
Phoenix MON0.0000%1h0.02527−0.158%$12K$358K5xas long as short
Orderly PERP_MON_USDC+0.0072%4h0.02532+0.040%$16K$34K10xas long as short
Paradex MON-USD-PERP+0.0096%8h0.02531−0.001%$8K$425xas long as short
Lighter MON+0.0096%1h0.02533+0.079%$849K$732K10xas long as short
Hyperliquid MON+0.0100%1h0.02533+0.091%$34.1M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02532+0.021%$102K$222K10xas long as short
dYdX MON-USD+0.0100%1h0.02532+0.036%$13K5xas long as short
Pacifica MON+0.0100%1h0.02531−0.008%$140K$93K3xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance MONUSDT+0.0100%4h0.02531−0.001%$24.1M$26.9M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02529−0.079%$4.2M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02525−0.237%$104K$5K10xas long as short
Gate MON_USDTlong+0.0100%4h0.02531long leg$950K$979K50x
KuCoin MONUSDTM+0.0100%4h0.02533+0.079%$2.9M$757K75xas long as short
Bitget MONUSDT+0.0100%4h0.02532+0.040%$2.7M$2.2M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02534+0.134%$114K$151K10xas long as short
Variational Omni MON+0.0100%8h0.02521−0.393%$745K$410Kas long as short
edgeX MONUSDC+0.0100%4h0.02525−0.242%$41K$250K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02522−0.359%$565K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02528−0.119%$68K$513K50xas long as short
Nado MON-PERPshort+0.0100%1h0.02531−0.015%$427K$579K10x
SoDEX MON-USD+0.0100%1h0.02532+0.040%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02533+0.060%$48K$519K10xas long as short
Aevo MON-PERP+0.0104%1h0.02532+0.040%$38K3xas long as short
Deribit MON_USDC-PERPETUAL+0.0145%1h0.02533+0.095%$74K$136K25xas long as short
01 Exchange MONUSD+0.0168%1h0.02532+0.040%$6K$1K5xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02531+0.016%$9K50xas long as short
Aftermath Perps MONUSD+0.0281%1h0.02523−0.311%$2K$74K10xas long as short
BloFin MON-USDT+0.0340%4h0.02527−0.158%$1.3M$341K75xas long as short
Coinbase International MON-PERP-INTX+0.0368%1h0.02533+0.099%$110K$57K50xas long as short
Perpl MON+0.0447%43m0.02532+0.028%$115K$2.3M10xas long as short
Kraken Futures PF_MONUSD+0.0719%1h0.02534+0.138%$272K$113K10xas long as short