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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0168%/8h= −18.4% APRpaid last 24h −0.057%
Price spread now: dYdX against KuCoin−0.266%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and dYdX is 0.266% cheaper against KuCoin than usual: you would sell low and buy high (−$27 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MONUSDTM0.026030.0268pay 0.0134% / 4h44m 36s$3.0M$715K75x
ShortdYdX MON-USD0.025960.0100get 0.0013% / 1h44m 36s$13K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against KuCoin. 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
−$35.28
Price spread: −0.266% → 0.000%
−$26.63
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$83.91
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 3 min ago; dYdX: 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 KuCoin live order book, 3 min ago15.37 bp46.4 bp −$46671.2 bp −$6,712doesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: 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−0.0121%1h0.02575−1.076%$6K$1065.5xas long as short
Bybit MONUSDT−0.0053%8h0.02596−0.261%$21.5M$12.0M50xas long as short
01 Exchange MONUSD−0.0024%1h0.02600−0.123%$6K$1K5xas long as short
Phoenix MON0.0000%1h0.02589−0.534%$13K$360K5xas long as short
Perpl MON0.0000%43m0.02595−0.323%$128K$1.8M10xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02598−0.200%$70K$119K25xas long as short
Aftermath Perps MONUSD+0.0035%1h0.02590−0.498%$2K$75K10xas long as short
Orderly PERP_MON_USDC+0.0067%4h0.02596−0.269%$17K$64K10xas long as short
Paradex MON-USD-PERP+0.0092%8h0.02598−0.178%$8K$425xas long as short
Variational Omni MON+0.0095%8h0.02591−0.473%$783K$408Kas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter MON+0.0096%1h0.02599−0.154%$863K$793K10xas long as short
Hyperliquid MON+0.0100%1h0.02601−0.092%$35.2M$7.6M5xas long as short
Aster MONUSDT+0.0100%4h0.02598−0.181%$109K$231K10xas long as short
dYdX MON-USDshort+0.0100%1h0.02596−0.266%$13K5x
Pacifica MON+0.0100%1h0.02599−0.154%$143K$105K3xas long as short
Binance MONUSDT+0.0100%4h0.02598−0.173%$24.7M$25.2M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02598−0.192%$4.4M$6.0M50xas long as short
Gate MON_USDT+0.0100%4h0.02599−0.154%$989K$903K50xas long as short
Bitget MONUSDT+0.0100%4h0.02601−0.077%$2.8M$1.8M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02597−0.242%$129K$141K10xas long as short
edgeX MONUSDC+0.0100%4h0.02590−0.488%$48K$244K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02590−0.499%$577K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02597−0.231%$69K$481K50xas long as short
Nado MON-PERP+0.0100%1h0.02599−0.141%$396K$546K10xas long as short
SoDEX MON-USD+0.0100%1h0.02596−0.269%$5K$6K5xas long as short
Bulk MON-USD+0.0100%1h0.02588−0.582%$109K$3K10xas long as short
Extended MON-USD+0.0104%1h0.02604+0.022%$52K$407K10xas long as short
Aevo MON-PERP+0.0104%1h0.02596−0.254%$39K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0261% / S −0.0598%1h0.02598−0.184%$9K50xas long as short
KuCoin MONUSDTMlong+0.0268%4h0.02603long leg$3.0M$715K75x
BloFin MON-USDT+0.0340%4h0.02595−0.307%$1.3M$311K75xas long as short
Kraken Futures PF_MONUSD+0.0416%1h0.02600−0.103%$273K$78K10xas long as short
Coinbase International MON-PERP-INTX+0.0480%1h0.02609+0.227%$115K$50K50xas long as short