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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against OKX+0.262%7-day average +0.158% · you sell dearer than you buy
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$930.932% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.056%+$6 on $10k
Price spread, last 4 days (all we have)−0.069%−$7 · spread now +0.262%, 7d avg +0.158%
Together, before fees−0.013%+ Points / potential airdropExtended: Active · farm board−$1 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: Extended is 0.103% dearer against OKX than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.158%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX MON-USDT-SWAP0.025720.0100pay 0.0050% / 4h1h 18m$4.4M$5.9M50x
ShortExtended MON-USD0.025790.0104get 0.0013% / 1h18m 32s$52K$407K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against OKX. 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: +0.262% → +0.158%
$10.33
Slippage, 4 orders
−$78.22
Fee OKX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$82.06
Costs to cover
0.932%
Break-even
690.8 days
Slippage from OKX: live order book, 4 min ago; Extended: live order book, 64 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 OKX live order book, 4 min ago3.88 bp20.2 bp −$2083.7 bp −$837doesn't fitdoesn't fit
Sell Extended live order book, 64 min ago3.85 bp25.5 bp −$25205.2 bp −$2,052doesn'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−0.0053%1h0.02582+0.389%$6K$1085.5xas long as short
Bybit MONUSDT−0.0053%8h0.025720.000%$21.4M$11.8M50xas long as short
01 Exchange MONUSD0.0000%1h0.02575+0.109%$6K$1K5xas long as short
Phoenix MON0.0000%1h0.02577+0.179%$13K$362K5xas long as short
Perpl MON0.0000%43m0.02576+0.167%$143K$1.8M10xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02577+0.179%$70K$119K25xas long as short
Aftermath Perps MONUSD+0.0020%1h0.02577+0.212%$2K$73K10xas long as short
Orderly PERP_MON_USDC+0.0067%4h0.02575+0.117%$17K$64K10xas long as short
Paradex MON-USD-PERP+0.0084%8h0.02574+0.089%$8K$425xas long as short
Lighter MON+0.0096%1h0.02577+0.194%$854K$773K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado MON-PERP+0.0100%1h0.02579+0.277%$388K$539K10xas long as short
Hyperliquid MON+0.0100%1h0.02579+0.272%$34.9M$7.4M5xas long as short
Aster MONUSDT+0.0100%4h0.02577+0.194%$108K$231K10xas long as short
dYdX MON-USD+0.0100%1h0.02579+0.282%$13K5xas long as short
Pacifica MON+0.0100%1h0.02577+0.183%$142K$104K3xas long as short
Binance MONUSDT+0.0100%4h0.02575+0.111%$24.5M$24.6M75xas long as short
OKX MON-USDT-SWAPlong+0.0100%4h0.02572long leg$4.4M$5.9M50x
Bulk MON-USD+0.0100%1h0.02578+0.217%$108K$3K10xas long as short
Gate MON_USDT+0.0100%4h0.02576+0.156%$1.0M$872K50xas long as short
Bitget MONUSDT+0.0100%4h0.02576+0.156%$2.7M$1.8M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02576+0.144%$128K$143K10xas long as short
Variational Omni MON+0.0100%8h0.02575+0.104%$780K$407Kas long as short
edgeX MONUSDC+0.0100%4h0.02577+0.213%$47K$243K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02579+0.272%$579K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02578+0.233%$69K$480K50xas long as short
SoDEX MON-USD+0.0100%1h0.02575+0.117%$5K$6K5xas long as short
Extended MON-USDshort+0.0104%1h0.02579+0.262%$52K$407K10x
Aevo MON-PERP+0.0104%1h0.02575+0.117%$39K3xas long as short
Kraken Futures PF_MONUSD+0.0174%1h0.02579+0.263%$271K$78K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0598%1h0.02577+0.202%$9K50xas long as short
KuCoin MONUSDTM+0.0296%4h0.02582+0.389%$3.2M$696K75xas long as short
BloFin MON-USDT+0.0340%4h0.02577+0.194%$1.3M$293K75xas long as short
Coinbase International MON-PERP-INTX+0.0536%1h0.02607+1.349%$114K$49K50xas long as short