MON

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After costs, if the gap returns to its 7d average, $10k−$54

spread now−0.094%7d average−0.117%fees + slippage, in and out−$56spread needed0.563%

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid MON	0.02542	0.0100	pay 0.0013% / 1h	0m 05s	$34.3M	$7.4M	5x
Short	Bitget MONUSDT	0.02540	0.0100	get 0.0050% / 4h	1h 00m	$2.6M	$1.7M	25x

Price spread history

latest

Range statsloading…

share of time at each level, last 7D

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Position, each leg$Hold forhoursFee HyperliquidbpFee BitgetbpOrdersClose when spread is

Slippage from Hyperliquid: live order book, 5 min ago; Bitget: live order book, 4 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Hyperliquid live order book, 5 min ago	0.98 bp	14.6 bp −$15	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	3.93 bp	15.9 bp −$16	59.4 bp −$594	doesn't fit	doesn't fit

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Injective MON/USDC PERP	−0.291%	−0.0220%	1h	$6K	$109	5.5x	as long as short
OKX MON-USDT-SWAP	−0.173%	+0.0100%	4h	$4.3M	$5.8M	50x	as long as short
Orderly PERP_MON_USDC	−0.173%	+0.0100%	4h	$17K	$64K	10x	as long as short
Bybit MONUSDT	−0.134%	−0.0049%	8h	$21.1M	$11.2M	50x	as long as short
SoDEX MON-USD	−0.134%	+0.0100%	1h	$5K	$6K	5x	as long as short
Aster MONUSDT	−0.119%	+0.0100%	4h	$106K	$240K	10x	as long as short
Deribit MON_USDC-PERPETUAL	−0.098%	0.0000%	1h	$47K	$74K	25x	as long as short
Bulk MON-USD	−0.094%	+0.0100%	1h	$104K	$5K	10x	as long as short
Binance MONUSDT	−0.094%	+0.0100%	4h	$24.0M	$23.7M	75x	as long as short
Gate MON_USDT	−0.094%	+0.0100%	4h	$959K	$945K	50x	as long as short

Show all 32 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Bitget MONUSDTshort	−0.094%	+0.0100%	4h	$2.6M	$1.7M	25x
Backpack MON_USDC_PERP	−0.075%	+0.0071%	1h	$133K	$135K	10x	as long as short
Aevo MON-PERP	−0.075%	+0.0104%	1h	$38K	—	3x	as long as short
Paradex MON-USD-PERP	−0.069%	+0.0100%	8h	$8K	$42	5x	as long as short
GMX MON/USD [ETH-USDC]	−0.063%	L +0.0231% / S −0.0343%	1h	$6K	—	50x	as long as short
Lighter MON	−0.055%	+0.0096%	1h	$828K	$750K	10x	as long as short
ApeX Omni MONUSDT	−0.055%	+0.0100%	1h	$68K	$491K	50x	as long as short
edgeX MONUSDC	−0.040%	+0.0100%	4h	$47K	$241K	10x	as long as short
Variational Omni MON	−0.033%	+0.0100%	8h	$757K	$366K	—	as long as short
01 Exchange MONUSD	−0.031%	+0.0112%	1h	$6K	$1K	5x	as long as short
Phoenix MON	−0.020%	0.0000%	1h	$13K	$391K	5x	as long as short
Kraken Futures PF_MONUSD	−0.018%	+0.0201%	1h	$253K	$61K	10x	as long as short
Aftermath Perps MONUSD	−0.016%	+0.0497%	1h	$2K	$72K	10x	as long as short
Pacifica MON	−0.012%	+0.0100%	1h	$144K	$104K	3x	as long as short
Hyperliquid MONlong	0.000%	+0.0100%	1h	$34.3M	$7.4M	5x
BloFin MON-USDT	+0.024%	+0.0091%	4h	$1.3M	$214K	75x	as long as short
Extended MON-USD	+0.032%	+0.0104%	1h	$45K	$400K	10x	as long as short
dYdX MON-USD	+0.073%	+0.0100%	1h	$13K	—	5x	as long as short
KuCoin MONUSDTM	+0.102%	+0.0188%	4h	$2.6M	$667K	75x	as long as short
Coinbase International MON-PERP-INTX	+0.126%	+0.0808%	1h	$113K	$51K	50x	as long as short
Nado MON-PERP	+0.131%	+0.0100%	1h	$316K	$529K	10x	as long as short
Perpl MON	+0.142%	0.0000%	43m	$209K	$1.7M	10x	as long as short