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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.005%
Price spread now: edgeX against Nado+0.337%7-day average −0.178% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$7as in the Price arb table
costs, in and out, $10k−$590.585% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.001%$0 on $10k
Price spread, last 4 days (all we have)−0.700%−$70 · spread now +0.337%, 7d avg −0.178%
Together, before fees−0.701%+ Points / potential airdropNado: Active · edgeX: Active · farm board−$70 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: edgeX is 0.514% dearer against Nado than usual: you sell high and buy low, +$51 on $10k if it goes back to its 7-day average of −0.178%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado MON-PERP0.025140.0100pay 0.0013% / 1h23m 18s$408K$586K10x
ShortedgeX MONUSDC0.025220.0100get 0.0050% / 4h3h 23m$41K$250K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
Price spread: +0.337% → −0.178%
$51.43
Slippage, 4 orders
−$42.54
Fee Nado: 3.5 bp × 2 orders
−$7
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$7.11
Costs to cover
0.585%
Break-even
never at this rate
Slippage from Nado: live order book, 30 min ago; edgeX: live order book, 29 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 Nado live order book, 30 min ago0.40 bp7.9 bp −$81285.0 bp −$12.8Kdoesn't fitdoesn't fit
Sell edgeX live order book, 29 min ago7.91 bp18.8 bp −$19doesn'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−0.0203%1h0.02523+0.371%$5K$1125.5xas long as short
Bybit MONUSDT−0.0005%8h0.02509−0.170%$20.7M$13.4M50xas long as short
Phoenix MON0.0000%1h0.02518+0.192%$12K$358K5xas long as short
Backpack MON_USDC_PERP+0.0064%1h0.02516+0.073%$110K$151K10xas long as short
Deribit MON_USDC-PERPETUAL+0.0069%1h0.02512−0.074%$74K$136K25xas long as short
Orderly PERP_MON_USDC+0.0074%4h0.02511−0.106%$16K$48K10xas long as short
Lighter MON+0.0096%1h0.02513−0.026%$843K$732K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02511−0.091%$8K$425xas long as short
Hyperliquid MON+0.0100%1h0.02513−0.011%$33.8M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02515+0.038%$101K$222K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX MON-USD+0.0100%1h0.02513−0.032%$13K5xas long as short
Pacifica MON+0.0100%1h0.02514+0.013%$139K$93K3xas long as short
Binance MONUSDT+0.0100%4h0.02511−0.106%$23.9M$26.9M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02511−0.106%$4.2M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02511−0.107%$103K$1K10xas long as short
Gate MON_USDT+0.0100%4h0.02515+0.053%$940K$984K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02516+0.093%$2.9M$761K75xas long as short
Bitget MONUSDT+0.0100%4h0.02513−0.026%$2.7M$2.2M25xas long as short
Variational Omni MON+0.0100%8h0.02520+0.233%$747K$408Kas long as short
edgeX MONUSDCshort+0.0100%4h0.02522+0.337%$41K$250K10x
GRVT MON_USDT_Perp+0.0100%4h0.02520+0.252%$567K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02523+0.371%$68K$521K50xas long as short
Nado MON-PERPlong+0.0100%1h0.02514long leg$408K$586K10x
SoDEX MON-USD+0.0100%1h0.02511−0.106%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02513−0.017%$48K$519K10xas long as short
Aevo MON-PERP+0.0104%1h0.02511−0.106%$38K3xas long as short
01 Exchange MONUSD+0.0216%1h0.02510−0.154%$6K$1K5xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02511−0.106%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02517+0.133%$1.3M$345K75xas long as short
Aftermath Perps MONUSD+0.0353%1h0.02519+0.217%$2K$74K10xas long as short
Coinbase International MON-PERP-INTX+0.0368%1h0.02530+0.650%$110K$57K50xas long as short
Perpl MON+0.0447%43m0.02513−0.038%$114K$2.2M10xas long as short
Kraken Futures PF_MONUSD+0.0725%1h0.02514+0.020%$270K$113K10xas long as short