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+0.0007%/8h= +0.8% APRpaid last 24h 0.000%
Price spread now: dYdX against Paradex+0.121%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: dYdX is 0.121% dearer against Paradex than usual: you sell high and buy low, +$12 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-PERP0.025040.0093pay 0.0093% / 8h4h 16m$8K$425x
ShortdYdX MON-USD0.025070.0100get 0.0013% / 1h16m 24s$13K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
$1.46
Price spread: +0.121% → 0.000%
$12.15
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$0.39
Costs to cover
0.140%
Break-even
8.9 days
Slippage unknown: Paradex: no order-book sample; dYdX: 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 Paradex no order-book sample
Sell dYdX no order-book sample
Paradex and dYdX: 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
01 Exchange MONUSD−0.0216%1h0.02506+0.057%$6K$1K5xas long as short
Backpack MON_USDC_PERP−0.0177%1h0.02510+0.232%$113K$151K10xas long as short
Injective MON/USDC PERP−0.0176%1h0.02498−0.255%$5K$1125.5xas long as short
Bybit MONUSDT−0.0143%8h0.02505+0.037%$20.7M$13.3M50xas long as short
Phoenix MON0.0000%1h0.02502−0.075%$12K$359K5xas long as short
Perpl MON0.0000%43m0.02507+0.121%$107K$2.3M10xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02509+0.188%$74K$136K25xas long as short
Orderly PERP_MON_USDC+0.0072%4h0.02508+0.144%$16K$35K10xas long as short
Variational Omni MON+0.0076%8h0.02500−0.193%$738K$409Kas long as short
Paradex MON-USD-PERPlong+0.0093%8h0.02504long leg$8K$425x
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter MON+0.0096%1h0.02507+0.105%$844K$749K10xas long as short
Nado MON-PERP+0.0100%1h0.02508+0.133%$423K$575K10xas long as short
Hyperliquid MON+0.0100%1h0.02507+0.093%$33.8M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02508+0.139%$101K$222K10xas long as short
dYdX MON-USDshort+0.0100%1h0.02507+0.121%$13K5x
Pacifica MON+0.0100%1h0.02507+0.105%$138K$93K3xas long as short
Binance MONUSDT+0.0100%4h0.02507+0.090%$23.8M$26.9M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02504−0.015%$4.2M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02505+0.019%$103K$5K10xas long as short
Gate MON_USDT+0.0100%4h0.02507+0.105%$940K$994K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02510+0.224%$2.8M$757K75xas long as short
Bitget MONUSDT+0.0100%4h0.02508+0.144%$2.7M$2.2M25xas long as short
edgeX MONUSDC+0.0100%4h0.02501−0.118%$41K$251K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02505+0.025%$561K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02505+0.025%$67K$512K50xas long as short
SoDEX MON-USD+0.0100%1h0.02508+0.144%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02506+0.078%$49K$519K10xas long as short
Aevo MON-PERP+0.0104%1h0.02508+0.144%$38K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02508+0.156%$9K50xas long as short
Aftermath Perps MONUSD+0.0260%1h0.02505+0.036%$2K$74K10xas long as short
BloFin MON-USDT+0.0340%4h0.02507+0.105%$1.3M$338K75xas long as short
Coinbase International MON-PERP-INTX+0.0408%1h0.02507+0.113%$109K$57K50xas long as short
Kraken Futures PF_MONUSD+0.0542%1h0.02511+0.284%$269K$114K10xas long as short