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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h −0.019%
Price spread now: dYdX against Lighter+0.026%7-day average · you sell dearer than you buy
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 fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: dYdX is 0.026% dearer against Lighter than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter MON0.025190.0096pay 0.0012% / 1h6m 03s$840K$738K10x
ShortdYdX MON-USD0.025200.0100get 0.0013% / 1h6m 03s$13K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Lighter. 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
$0.84
Price spread: +0.026% → 0.000%
$2.58
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$6.58
Costs to cover
0.100%
Break-even
61.8 days
Slippage unknown: Lighter: live order book, 54 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 Lighter live order book, 54 min ago9.86 bp18.6 bp −$19110.9 bp −$1,109doesn'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
Phoenix MON−0.0316%1h0.02522+0.131%$12K$367K5xas long as short
Backpack MON_USDC_PERP−0.0262%1h0.02519+0.012%$111K$152K10xas long as short
Injective MON/USDC PERP−0.0253%1h0.02528+0.357%$5K$1125.5xas long as short
Bybit MONUSDT−0.0130%8h0.02515−0.143%$20.7M$13.1M50xas long as short
01 Exchange MONUSD−0.0080%1h0.02513−0.254%$6K$1K5xas long as short
Deribit MON_USDC-PERPETUAL−0.0028%1h0.02518−0.032%$68K$125K25xas long as short
Perpl MON0.0000%43m0.02518−0.040%$104K$2.3M10xas long as short
Orderly PERP_MON_USDC+0.0085%4h0.02518−0.040%$16K$47K10xas long as short
Lighter MONlong+0.0096%1h0.02519long leg$840K$738K10x
Paradex MON-USD-PERP+0.0099%8h0.02516−0.118%$8K$425xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado MON-PERP+0.0100%1h0.02519−0.014%$410K$542K10xas long as short
Hyperliquid MON+0.0100%1h0.02521+0.075%$34.1M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02520+0.031%$101K$222K10xas long as short
dYdX MON-USDshort+0.0100%1h0.02520+0.026%$13K5x
Pacifica MON+0.0100%1h0.02518−0.040%$139K$92K3xas long as short
Binance MONUSDT+0.0100%4h0.02517−0.079%$23.9M$26.7M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02515−0.159%$4.2M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02520+0.056%$103K$5K10xas long as short
Gate MON_USDT+0.0100%4h0.02518−0.040%$950K$970K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.025190.000%$2.9M$741K75xas long as short
Bitget MONUSDT+0.0100%4h0.02520+0.040%$2.7M$2.1M25xas long as short
Variational Omni MON+0.0100%8h0.02516−0.139%$747K$405Kas long as short
edgeX MONUSDC+0.0100%4h0.02522+0.134%$41K$250K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02524+0.199%$565K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02523+0.159%$68K$504K50xas long as short
SoDEX MON-USD+0.0100%1h0.02517−0.079%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02518−0.044%$48K$513K10xas long as short
Aevo MON-PERP+0.0104%1h0.02517−0.064%$38K3xas long as short
Aftermath Perps MONUSD+0.0258%1h0.02524+0.206%$2K$74K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02517−0.071%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02517−0.079%$1.3M$325K75xas long as short
Kraken Futures PF_MONUSD+0.0493%1h0.02521+0.085%$268K$113K10xas long as short
Coinbase International MON-PERP-INTX+0.0536%1h0.02534+0.595%$112K$57K50xas long as short