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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.005%
Price spread now: Paradex against Nado−0.014%50s7-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 · Paradex: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado MON-PERP0.025000.0100pay 0.0012% / 1h48m 42s$405K$588K10x
ShortParadex MON-USD-PERP0.024990.0100get 0.0100% / 8h2h 48m$8K$425x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$0.02
Price spread: −0.014% → 0.000%
−$1.44
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$12.47
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Nado: live order book, 64 min ago; Paradex: 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, 64 min ago0.40 bp7.9 bp −$81285.0 bp −$12.8Kdoesn't fitdoesn't fit
Sell Paradex no order-book sample
Paradex: 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
Backpack MON_USDC_PERP−0.0001%1h0.02499−0.004%$110K$153K10xas long as short
Phoenix MON0.0000%1h0.02498−0.072%$12K$355K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02499−0.024%$73K$136K25xas long as short
Bybit MONUSDT+0.0017%8h0.02499−0.020%$20.5M$13.5M50xas long as short
Injective MON/USDC PERP+0.0039%1h0.02496−0.140%$5K$1115.5xas long as short
Orderly PERP_MON_USDC+0.0083%4h0.02498−0.060%$16K$48K10xas long as short
Lighter MON+0.0096%1h0.02501+0.060%$839K$732K10xas long as short
Paradex MON-USD-PERPshort+0.0100%8h0.02499−0.014%$8K$425x
Nado MON-PERPlong+0.0100%1h0.02500long leg$405K$588K10x
Hyperliquid MON+0.0100%1h0.02502+0.088%$33.6M$7.5M5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MONUSDT+0.0100%4h0.02500+0.037%$100K$218K10xas long as short
dYdX MON-USD+0.0100%1h0.02500+0.019%$12K5xas long as short
Pacifica MON+0.0100%1h0.02500+0.012%$138K$92K3xas long as short
Binance MONUSDT+0.0100%4h0.02500+0.037%$23.8M$27.0M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02502+0.100%$4.2M$6.1M50xas long as short
Bulk MON-USD+0.0100%1h0.02500+0.020%$103K$1K10xas long as short
Gate MON_USDT+0.0100%4h0.02500+0.020%$934K$985K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02503+0.140%$2.9M$762K75xas long as short
Bitget MONUSDT+0.0100%4h0.02503+0.140%$2.7M$2.2M25xas long as short
Variational Omni MON+0.0100%8h0.02497−0.098%$740K$403Kas long as short
edgeX MONUSDC+0.0100%4h0.02497−0.094%$41K$250K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02502+0.100%$563K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02500+0.020%$68K$525K50xas long as short
SoDEX MON-USD+0.0100%1h0.02498−0.060%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02502+0.081%$48K$285K10xas long as short
Aevo MON-PERP+0.0104%1h0.02498−0.080%$38K3xas long as short
01 Exchange MONUSD+0.0136%1h0.02503+0.152%$6K$1K5xas long as short
Aftermath Perps MONUSD+0.0254%1h0.02499−0.028%$2K$78K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02498−0.044%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02501+0.060%$1.3M$338K75xas long as short
Perpl MON+0.0447%43m0.02500+0.020%$114K$2.2M10xas long as short
Coinbase International MON-PERP-INTX+0.0456%1h0.02530+1.220%$110K$55K50xas long as short
Kraken Futures PF_MONUSD+0.1017%1h0.02502+0.110%$269K$112K10xas long as short