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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.059%
Price spread now: KuCoin against Nado−0.082%7-day average −0.062% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1061.057% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.063%+$6 on $10k
Price spread, last 3 days (all we have)−0.095%−$9 · spread now −0.082%, 7d avg −0.062%
Together, before fees−0.032%+ Points / potential airdropNado: Active · farm board−$3 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: KuCoin is 0.021% cheaper against Nado than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.062%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado MON-PERP0.025640.0100pay 0.0012% / 1h0m 36s$394K$526K10x
ShortKuCoin MONUSDTM0.025620.0100get 0.0050% / 4h3h 00m$2.9M$729K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.082% → −0.062%
−$2.05
Slippage, 4 orders
−$86.7
Fee Nado: 3.5 bp × 2 orders
−$7
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$107.76
Costs to cover
1.057%
Break-even
276426429933827.6 days
Slippage from Nado: live order book, 7 min ago; KuCoin: live order book, 2 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, 7 min ago0.58 bp8.8 bp −$91316.5 bp −$13.2Kdoesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago15.59 bp49.8 bp −$50456.5 bp −$4,565doesn'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−0.0444%1h0.02570+0.230%$6K$1085.5xas long as short
01 Exchange MONUSD−0.0032%1h0.02551−0.499%$6K$1K5xas long as short
Phoenix MON0.0000%1h0.02592+1.100%$13K$351K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02564−0.024%$69K$119K25xas long as short
Orderly PERP_MON_USDC+0.0062%4h0.02564−0.004%$17K$59K10xas long as short
Paradex MON-USD-PERP+0.0093%8h0.02558−0.226%$8K$425xas long as short
Lighter MON+0.0096%1h0.02565+0.035%$854K$755K10xas long as short
Nado MON-PERPlong+0.0100%1h0.02564long leg$394K$526K10x
Aster MONUSDT+0.0100%4h0.02565+0.044%$107K$231K10xas long as short
dYdX MON-USD+0.0100%1h0.02561−0.120%$13K5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica MON+0.0100%1h0.02562−0.074%$142K$103K3xas long as short
Binance MONUSDT+0.0100%4h0.02559−0.199%$24.5M$25.4M75xas long as short
Bybit MONUSDT+0.0100%8h0.02557−0.277%$21.3M$12.2M50xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02557−0.277%$4.3M$5.8M50xas long as short
Bulk MON-USD+0.0100%1h0.02595+1.205%$108K$4K10xas long as short
Gate MON_USDT+0.0100%4h0.02561−0.121%$961K$933K50xas long as short
KuCoin MONUSDTMshort+0.0100%4h0.02562−0.082%$2.9M$729K75x
Bitget MONUSDT+0.0100%4h0.02560−0.160%$2.7M$1.9M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02565+0.019%$124K$152K10xas long as short
Variational Omni MON+0.0100%8h0.02562−0.100%$771K$410Kas long as short
edgeX MONUSDC+0.0100%4h0.02571+0.277%$44K$249K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02586+0.854%$578K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02568+0.152%$68K$488K50xas long as short
SoDEX MON-USD+0.0100%1h0.02562−0.082%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02566+0.072%$49K$520K10xas long as short
Aevo MON-PERP+0.0104%1h0.02564−0.024%$39K3xas long as short
Hyperliquid MON+0.0124%1h0.02566+0.078%$35.0M$7.5M5xas long as short
Aftermath Perps MONUSD+0.0247%1h0.02579+0.598%$4K$74K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0261% / S −0.0598%1h0.02565+0.027%$8K50xas long as short
BloFin MON-USDT+0.0340%4h0.02566+0.074%$1.4M$316K75xas long as short
Perpl MON+0.0447%43m0.02567+0.105%$116K$2.1M10xas long as short
Kraken Futures PF_MONUSD+0.0466%1h0.02566+0.088%$269K$78K10xas long as short
Coinbase International MON-PERP-INTX+0.0808%1h0.02608+1.720%$114K$52K50xas long as short