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

MON

all MON markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0230%/8h= −25.2% APRpaid last 24h −0.052%
Price spread now: Nado against KuCoin−0.568%7-day average +0.066% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$203as in the Price arb table
costs, in and out, $10k−$1391.393% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.056%−$6 on $10k
Price spread, last 3 days (all we have)+0.915%+$91 · spread now −0.568%, 7d avg +0.066%
Together, before fees+0.859%+ Points / potential airdropNado: Active · farm board+$86 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Nado is 0.635% cheaper against KuCoin than usual: you would sell low and buy high (−$63 if the spread goes back to its 7-day average of +0.066%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.056% in total (about -6.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MONUSDTM0.025930.0330pay 0.0165% / 4h3h 30m$3.1M$787K75x
ShortNado MON-PERP0.025780.0100get 0.0012% / 1h30m 52s$321K$507K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
−$48.3
Price spread: −0.568% → +0.066%
−$63.46
Slippage, 4 orders
−$120.32
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$251.08
Costs to cover
1.393%
Break-even
never at this rate
Slippage from KuCoin: live order book, 2 min ago; Nado: live order book, 17 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 KuCoin live order book, 2 min ago13.57 bp86.1 bp −$86718.1 bp −$7,181doesn't fitdoesn't fit
Sell Nado live order book, 17 min ago2.17 bp10.4 bp −$10doesn'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−0.0181%1h0.02557−1.388%$6K$1095.5xas long as short
Bybit MONUSDT−0.0053%8h0.02585−0.309%$21.6M$11.5M50xas long as short
Phoenix MON0.0000%1h0.02568−0.960%$15K$374K5xas long as short
01 Exchange MONUSD+0.0072%1h0.02578−0.590%$6K$1K5xas long as short
BloFin MON-USDT+0.0083%4h0.02585−0.309%$1.3M$236K75xas long as short
Orderly PERP_MON_USDC+0.0096%4h0.02586−0.270%$17K$64K10xas long as short
Lighter MON+0.0096%1h0.02588−0.193%$847K$750K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02576−0.669%$8K$425xas long as short
Nado MON-PERPshort+0.0100%1h0.02578−0.568%$321K$507K10x
Hyperliquid MON+0.0100%1h0.02590−0.123%$34.9M$7.4M5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MONUSDT+0.0100%4h0.02587−0.248%$108K$240K10xas long as short
dYdX MON-USD+0.0100%1h0.02576−0.673%$13K5xas long as short
Pacifica MON+0.0100%1h0.02576−0.656%$146K$103K3xas long as short
Binance MONUSDT+0.0100%4h0.02587−0.231%$24.5M$24.0M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02586−0.270%$4.4M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02565−1.080%$108K$3K10xas long as short
Gate MON_USDT+0.0100%4h0.02588−0.193%$984K$921K50xas long as short
Bitget MONUSDT+0.0100%4h0.02588−0.193%$2.7M$1.8M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02590−0.135%$134K$136K10xas long as short
Variational Omni MON+0.0100%8h0.02575−0.712%$763K$366Kas long as short
edgeX MONUSDC+0.0100%4h0.02567−1.003%$47K$242K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02573−0.779%$578K$1.4M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02574−0.733%$68K$483K50xas long as short
SoDEX MON-USD+0.0100%1h0.02586−0.270%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02589−0.164%$52K$407K10xas long as short
Aevo MON-PERP+0.0104%1h0.02612+0.733%$40K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0598%1h0.02584−0.359%$9K50xas long as short
Kraken Futures PF_MONUSD+0.0329%1h0.02591−0.069%$258K$58K10xas long as short
KuCoin MONUSDTMlong+0.0330%4h0.02593long leg$3.1M$787K75x
Aftermath Perps MONUSD+0.0446%1h0.02565−1.082%$2K$71K10xas long as short
Perpl MON+0.0447%43m0.02586−0.262%$212K$1.7M10xas long as short
Coinbase International MON-PERP-INTX+0.0496%1h0.02586−0.278%$114K$50K50xas long as short
Deribit MON_USDC-PERPETUAL+0.0561%1h0.02590−0.104%$53K$81K25xas long as short