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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Pacifica against OKX+0.132%49s7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1001.000% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 4 days (all we have)−0.056%−$6 · spread now +0.132%, 7d avg +0.070%
Together, before fees−0.054%+ Points / potential airdropPacifica: Active · farm board−$5 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: Pacifica is 0.061% dearer against OKX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.070%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX MON-USDT-SWAP0.025060.0100pay 0.0050% / 4h3h 51m$4.2M$6.2M50x
ShortPacifica MON0.025090.0100get 0.0013% / 1h51m 50s$139K$91K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
Price spread: +0.132% → +0.070%
$6.15
Slippage, 4 orders
−$82
Fee OKX: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$93.85
Costs to cover
1.000%
Break-even
never at this rate
Slippage from OKX: live order book, 1 min ago; Pacifica: live order book, 46 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, 1 min ago3.99 bp18.8 bp −$1986.4 bp −$864doesn't fitdoesn't fit
Sell Pacifica live order book, 46 min ago10.00 bp40.0 bp −$40doesn'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
Backpack MON_USDC_PERP−0.0294%1h0.02509+0.128%$109K$157K10xas long as short
Injective MON/USDC PERP−0.0089%1h0.02505−0.040%$5K$1085.5xas long as short
Phoenix MON0.0000%1h0.02506+0.008%$13K$346K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02509+0.124%$73K$137K25xas long as short
Lighter MON+0.0096%1h0.02509+0.120%$806K$765K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02507+0.046%$8K$425xas long as short
Hyperliquid MON+0.0100%1h0.02511+0.200%$33.9M$7.8M5xas long as short
Aster MONUSDT+0.0100%4h0.02508+0.087%$99K$213K10xas long as short
dYdX MON-USD+0.0100%1h0.02509+0.126%$13K5xas long as short
Pacifica MONshort+0.0100%1h0.02509+0.132%$139K$91K3x
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance MONUSDT+0.0100%4h0.02507+0.040%$23.9M$27.6M75xas long as short
Bybit MONUSDT+0.0100%8h0.02505−0.024%$20.9M$13.9M50xas long as short
OKX MON-USDT-SWAPlong+0.0100%4h0.02506long leg$4.2M$6.2M50x
Gate MON_USDT+0.0100%4h0.02508+0.080%$939K$1.0M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02510+0.160%$2.9M$766K75xas long as short
Bitget MONUSDT+0.0100%4h0.02510+0.160%$2.7M$2.3M25xas long as short
Variational Omni MON+0.0100%8h0.02508+0.083%$745K$408Kas long as short
edgeX MONUSDC+0.0100%4h0.02504−0.091%$41K$250K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02509+0.120%$559K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02507+0.040%$68K$543K50xas long as short
Nado MON-PERP+0.0100%1h0.02511+0.195%$393K$573K10xas long as short
Orderly PERP_MON_USDC+0.0100%4h0.02509+0.120%$16K$42K10xas long as short
SoDEX MON-USD+0.0100%1h0.02507+0.040%$5K$6K5xas long as short
Bulk MON-USD+0.0100%1h0.02505−0.040%$103K−$010xas long as short
Extended MON-USD+0.0104%1h0.02510+0.166%$60K$328K10xas long as short
Aevo MON-PERP+0.0104%1h0.02508+0.080%$38K3xas long as short
01 Exchange MONUSD+0.0192%1h0.02512+0.247%$6K$3K5xas long as short
GMX MON/USD [ETH-USDC]L +0.0231% / S −0.0246%1h0.02509+0.124%$6K50xas long as short
BloFin MON-USDT+0.0340%4h0.02510+0.160%$1.3M$334K75xas long as short
Perpl MON+0.0447%43m0.02510+0.176%$119K$2.2M10xas long as short
Aftermath Perps MONUSD+0.0469%1h0.02509+0.133%$5K$103K10xas long as short
Coinbase International MON-PERP-INTX+0.0744%1h0.02519+0.523%$111K$54K50xas long as short
Kraken Futures PF_MONUSD+0.0797%1h0.02510+0.173%$270K$118K10xas long as short