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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0001%/8h= +0.1% APRpaid last 24h 0.000%
Price spread now: Binance against Paradex+0.091%7-day average · you sell dearer than you buy
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.091% dearer against Paradex than usual: you sell high and buy low, +$9 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex MON-USD-PERP0.025240.0099pay 0.0099% / 8h5h 11m$8K$425x
ShortBinance MONUSDT0.025270.0100get 0.0050% / 4h1h 11m$24.0M$26.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Paradex. 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
$0.22
Price spread: +0.091% → 0.000%
$9.1
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Binance: 5 bp × 2 orders
−$10
Net
−$4.68
Costs to cover
0.140%
Break-even
158.2 days
Slippage unknown: Paradex: no order-book sample; Binance: live order book, 15 min ago. 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 Paradex no order-book sample
Sell Binance live order book, 15 min ago3.97 bp16.9 bp −$1757.7 bp −$577246.7 bp −$24.7Kdoesn't fit
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
Phoenix MON−0.0316%1h0.02528+0.151%$12K$367K5xas long as short
Backpack MON_USDC_PERP−0.0270%1h0.02524−0.012%$111K$152K10xas long as short
Injective MON/USDC PERP−0.0253%1h0.02528+0.143%$5K$1125.5xas long as short
Bybit MONUSDT−0.0146%8h0.02527+0.103%$20.8M$13.1M50xas long as short
01 Exchange MONUSD−0.0088%1h0.025240.000%$6K$1K5xas long as short
Perpl MON0.0000%43m0.02529+0.175%$105K$2.3M10xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02525+0.004%$68K$125K25xas long as short
Orderly PERP_MON_USDC+0.0084%4h0.02528+0.143%$16K$51K10xas long as short
Lighter MON+0.0096%1h0.02527+0.103%$843K$738K10xas long as short
Paradex MON-USD-PERPlong+0.0099%8h0.02524long leg$8K$425x
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado MON-PERP+0.0100%1h0.02528+0.156%$412K$543K10xas long as short
Hyperliquid MON+0.0100%1h0.02530+0.222%$34.2M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02528+0.127%$101K$222K10xas long as short
dYdX MON-USD+0.0100%1h0.02525+0.015%$13K5xas long as short
Pacifica MON+0.0100%1h0.02526+0.064%$140K$93K3xas long as short
Binance MONUSDTshort+0.0100%4h0.02527+0.091%$24.0M$26.6M75x
OKX MON-USDT-SWAP+0.0100%4h0.02527+0.103%$4.2M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02520−0.157%$103K$5K10xas long as short
Gate MON_USDT+0.0100%4h0.02526+0.064%$951K$965K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02526+0.064%$2.9M$743K75xas long as short
Bitget MONUSDT+0.0100%4h0.02528+0.143%$2.7M$2.1M25xas long as short
Variational Omni MON+0.0100%8h0.02533+0.341%$752K$405Kas long as short
edgeX MONUSDC+0.0100%4h0.02525+0.031%$41K$249K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02526+0.062%$565K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02524−0.016%$68K$504K50xas long as short
SoDEX MON-USD+0.0100%1h0.02524−0.016%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02528+0.155%$48K$518K10xas long as short
Aevo MON-PERP+0.0104%1h0.02524−0.035%$38K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02528+0.163%$9K50xas long as short
Aftermath Perps MONUSD+0.0262%1h0.02529+0.171%$2K$74K10xas long as short
BloFin MON-USDT+0.0340%4h0.02523−0.055%$1.3M$320K75xas long as short
Kraken Futures PF_MONUSD+0.0492%1h0.02527+0.109%$270K$112K10xas long as short
Coinbase International MON-PERP-INTX+0.0536%1h0.02541+0.666%$112K$58K50xas long as short