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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.065%
Price spread now: Pacifica against KuCoin+0.028%7-day average −0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1471.466% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.007%−$1 on $10k
Price spread, last 4 days (all we have)−0.041%−$4 · spread now +0.028%, 7d avg −0.063%
Together, before fees−0.048%+ Points / potential airdropPacifica: Active · farm board−$5 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: Pacifica is 0.091% dearer against KuCoin than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.063%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MONUSDTM0.024970.0100pay 0.0050% / 4h20m 31s$2.9M$765K75x
ShortPacifica MON0.024980.0100get 0.0013% / 1h20m 31s$138K$91K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$0
Price spread: +0.028% → −0.063%
$9.06
Slippage, 4 orders
−$126.63
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$137.56
Costs to cover
1.466%
Break-even
never at this rate
Slippage from KuCoin: live order book, 7 min ago; Pacifica: 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, 7 min ago13.99 bp34.6 bp −$35858.6 bp −$8,586doesn't fitdoesn't fit
Sell Pacifica live order book, 17 min ago10.00 bp40.0 bp −$40doesn'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−0.0032%1h0.02503+0.240%$5K$1115.5xas long as short
Phoenix MON0.0000%1h0.02497+0.012%$13K$349K5xas long as short
Perpl MON0.0000%43m0.02496−0.044%$123K$2.2M10xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02495−0.072%$72K$138K25xas long as short
Backpack MON_USDC_PERP+0.0091%1h0.02496−0.048%$109K$157K10xas long as short
Lighter MON+0.0096%1h0.02499+0.080%$801K$785K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02496−0.042%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02501+0.164%$391K$578K10xas long as short
Aster MONUSDT+0.0100%4h0.02496−0.038%$99K$213K10xas long as short
dYdX MON-USD+0.0100%1h0.02496−0.056%$12K5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica MONshort+0.0100%1h0.02498+0.028%$138K$91K3x
Binance MONUSDT+0.0100%4h0.02496−0.024%$23.7M$27.5M75xas long as short
Bybit MONUSDT+0.0100%8h0.02496−0.040%$20.8M$13.9M50xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02496−0.040%$4.2M$6.1M50xas long as short
Bulk MON-USD+0.0100%1h0.02498+0.050%$103K−$010xas long as short
Gate MON_USDT+0.0100%4h0.02496−0.040%$935K$1.1M50xas long as short
KuCoin MONUSDTMlong+0.0100%4h0.02497long leg$2.9M$765K75x
Bitget MONUSDT+0.0100%4h0.024970.000%$2.7M$2.3M25xas long as short
Variational Omni MON+0.0100%8h0.02492−0.198%$740K$410Kas long as short
edgeX MONUSDC+0.0100%4h0.02493−0.140%$41K$251K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02496−0.040%$563K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.024970.000%$68K$540K50xas long as short
Orderly PERP_MON_USDC+0.0100%4h0.02495−0.080%$16K$42K10xas long as short
SoDEX MON-USD+0.0100%1h0.02494−0.120%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02500+0.138%$47K$314K10xas long as short
Aevo MON-PERP+0.0104%1h0.02494−0.116%$38K3xas long as short
Hyperliquid MON+0.0157%1h0.02501+0.144%$33.8M$7.8M5xas long as short
01 Exchange MONUSD+0.0200%1h0.02498+0.056%$6K$3K5xas long as short
GMX MON/USD [ETH-USDC]L +0.0231% / S −0.0246%1h0.02494−0.104%$6K50xas long as short
BloFin MON-USDT+0.0340%4h0.02498+0.040%$1.3M$333K75xas long as short
Aftermath Perps MONUSD+0.0578%1h0.02497−0.011%$5K$100K10xas long as short
Coinbase International MON-PERP-INTX+0.0680%1h0.02515+0.713%$111K$54K50xas long as short
Kraken Futures PF_MONUSD+0.1208%1h0.02496−0.027%$268K$118K10xas long as short