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−0.0160%/8h= −17.5% APRpaid last 24h −0.038%
Price spread now: Binance against GMX−0.016%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX MON/USD [ETH-USDC]0.02501L +0.0260% / S −0.0429%pay 0.0032% / 1h41m 05s$9K50x
ShortBinance MONUSDT0.025010.0100get 0.0050% / 4h41m 05s$23.8M$26.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against GMX. 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
−$33.51
Price spread: −0.016% → 0.000%
−$1.6
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$57.11
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Binance: live order book, 15 min ago. 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 GMX no order-book sample
Sell Binance live order book, 15 min ago1.99 bp16.5 bp −$1665.3 bp −$653273.3 bp −$27.3Kdoesn't fit
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
01 Exchange MONUSD−0.0440%1h0.02499−0.104%$6K$1K5xas long as short
Backpack MON_USDC_PERP−0.0307%1h0.02503+0.048%$112K$151K10xas long as short
Injective MON/USDC PERP−0.0176%1h0.02517+0.624%$5K$1095.5xas long as short
Bybit MONUSDT−0.0173%8h0.02500−0.056%$20.5M$13.2M50xas long as short
Deribit MON_USDC-PERPETUAL−0.0150%1h0.02501−0.012%$74K$135K25xas long as short
Phoenix MON0.0000%1h0.02499−0.096%$12K$359K5xas long as short
Perpl MON0.0000%43m0.02502+0.012%$107K$2.3M10xas long as short
Orderly PERP_MON_USDC+0.0071%4h0.02501−0.016%$16K$41K10xas long as short
Variational Omni MON+0.0079%8h0.02498−0.154%$740K$407Kas long as short
Paradex MON-USD-PERP+0.0088%8h0.02499−0.090%$8K$425xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter MON+0.0096%1h0.02501−0.016%$842K$747K10xas long as short
Nado MON-PERP+0.0100%1h0.02502+0.033%$429K$560K10xas long as short
Hyperliquid MON+0.0100%1h0.02503+0.072%$33.8M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02502+0.038%$100K$222K10xas long as short
dYdX MON-USD+0.0100%1h0.02502+0.034%$13K5xas long as short
Pacifica MON+0.0100%1h0.02500−0.056%$138K$93K3xas long as short
Binance MONUSDTshort+0.0100%4h0.02501−0.016%$23.8M$26.7M75x
OKX MON-USDT-SWAP+0.0100%4h0.02500−0.056%$4.2M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02495−0.245%$102K$5K10xas long as short
Gate MON_USDT+0.0100%4h0.02501−0.016%$948K$983K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02502+0.024%$2.8M$752K75xas long as short
Bitget MONUSDT+0.0100%4h0.02504+0.104%$2.7M$2.1M25xas long as short
edgeX MONUSDC+0.0100%4h0.02500−0.067%$41K$249K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02501−0.035%$559K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02501−0.016%$67K$507K50xas long as short
SoDEX MON-USD+0.0100%1h0.02500−0.056%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02504+0.119%$48K$521K10xas long as short
Aevo MON-PERP+0.0104%1h0.02501−0.032%$38K3xas long as short
GMX MON/USD [ETH-USDC]longL +0.0260% / S −0.0429%1h0.02501long leg$9K50x
Aftermath Perps MONUSD+0.0267%1h0.02504+0.123%$2K$74K10xas long as short
BloFin MON-USDT+0.0340%4h0.02499−0.096%$1.3M$337K75xas long as short
Coinbase International MON-PERP-INTX+0.0408%1h0.02514+0.484%$110K$57K50xas long as short
Kraken Futures PF_MONUSD+0.0544%1h0.02504+0.103%$269K$116K10xas long as short