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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: Aevo against Nado−0.353%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.353% cheaper against Nado than usual: you would sell low and buy high, −$35 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado MON-PERP0.025460.0100pay 0.0013% / 1h47m 35s$406K$541K10x
ShortAevo MON-PERP0.025370.0104get 0.0013% / 1h47m 35s$38K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Nado. 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: −0.353% → 0.000%
−$35.3
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$57.46
Costs to cover
0.230%
Break-even
485.9 days
Slippage unknown: Nado: live order book, 20 min ago; Aevo: 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 Nado live order book, 20 min ago0.58 bp8.8 bp −$91316.5 bp −$13.2Kdoesn't fitdoesn't fit
Sell Aevo no order-book sample
Aevo: 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−0.0388%1h0.02541−0.196%$6K$1065.5xas long as short
01 Exchange MONUSD−0.0016%1h0.02539−0.263%$6K$1K5xas long as short
Phoenix MON0.0000%1h0.02538−0.314%$13K$349K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02538−0.314%$70K$124K25xas long as short
Bybit MONUSDT+0.0018%8h0.02537−0.353%$21.0M$12.4M50xas long as short
Orderly PERP_MON_USDC+0.0060%4h0.02538−0.314%$16K$59K10xas long as short
Paradex MON-USD-PERP+0.0095%8h0.02539−0.279%$8K$425xas long as short
Lighter MON+0.0096%1h0.02538−0.314%$846K$740K10xas long as short
Aster MONUSDT+0.0100%4h0.02541−0.183%$102K$229K10xas long as short
dYdX MON-USD+0.0100%1h0.02543−0.114%$13K5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica MON+0.0100%1h0.02539−0.259%$141K$104K3xas long as short
Binance MONUSDT+0.0100%4h0.02538−0.314%$24.2M$25.8M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02537−0.353%$4.3M$5.8M50xas long as short
Bulk MON-USD+0.0100%1h0.02535−0.428%$105K$4K10xas long as short
Gate MON_USDT+0.0100%4h0.02538−0.314%$958K$890K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02542−0.157%$2.9M$744K75xas long as short
Bitget MONUSDT+0.0100%4h0.02540−0.235%$2.7M$2.0M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02541−0.192%$120K$158K10xas long as short
Variational Omni MON+0.0100%8h0.02548+0.083%$766K$411Kas long as short
edgeX MONUSDC+0.0100%4h0.02547+0.053%$44K$248K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02550+0.175%$573K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02550+0.158%$68K$490K50xas long as short
Nado MON-PERPlong+0.0100%1h0.02546long leg$406K$541K10x
SoDEX MON-USD+0.0100%1h0.02537−0.353%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02542−0.144%$49K$520K10xas long as short
Aevo MON-PERPshort+0.0104%1h0.02537−0.353%$38K3x
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02538−0.326%$9K50xas long as short
Aftermath Perps MONUSD+0.0324%1h0.02552+0.232%$4K$74K10xas long as short
BloFin MON-USDT+0.0340%4h0.02549+0.118%$1.4M$310K75xas long as short
Hyperliquid MON+0.0378%1h0.02543−0.113%$34.7M$7.5M5xas long as short
Perpl MON+0.0447%43m0.02541−0.180%$114K$2.1M10xas long as short
Coinbase International MON-PERP-INTX+0.0744%1h0.02557+0.436%$112K$52K50xas long as short
Kraken Futures PF_MONUSD+0.0842%1h0.02540−0.228%$276K$88K10xas long as short