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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0034%/8h= +3.7% APRpaid last 24h 0.000%
Price spread now: edgeX against Paradex+0.001%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 · edgeX: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex MON-USD-PERP0.025800.0066pay 0.0066% / 8h1h 59m$8K$425x
ShortedgeX MONUSDC0.025800.0100get 0.0050% / 4h1h 59m$47K$244K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$7.1
Price spread: +0.001% → 0.000%
$0.08
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$5.82
Costs to cover
0.130%
Break-even
12.7 days
Slippage unknown: Paradex: no order-book sample; edgeX: live order book, 23 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 edgeX live order book, 23 min ago9.61 bp20.8 bp −$21doesn't fitdoesn't fitdoesn'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
Injective MON/USDC PERP−0.0739%1h0.02599+0.741%$6K$1105.5xas long as short
01 Exchange MONUSD−0.0720%1h0.02579−0.034%$6K$1K5xas long as short
Deribit MON_USDC-PERPETUAL−0.0330%1h0.02583+0.129%$66K$114K25xas long as short
Bybit MONUSDT−0.0034%8h0.02581+0.043%$21.5M$11.8M50xas long as short
Phoenix MON0.0000%1h0.02581+0.051%$13K$359K5xas long as short
Aftermath Perps MONUSD+0.0046%1h0.02584+0.159%$2K$73K10xas long as short
Paradex MON-USD-PERPlong+0.0066%8h0.02580long leg$8K$425x
Orderly PERP_MON_USDC+0.0076%4h0.02581+0.043%$17K$64K10xas long as short
Lighter MON+0.0096%1h0.02579−0.034%$843K$760K10xas long as short
Nado MON-PERP+0.0100%1h0.02585+0.192%$388K$535K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MON+0.0100%1h0.02586+0.226%$34.8M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02583+0.140%$108K$233K10xas long as short
dYdX MON-USD+0.0100%1h0.02583+0.138%$13K5xas long as short
Pacifica MON+0.0100%1h0.02579−0.034%$142K$106K3xas long as short
Binance MONUSDT+0.0100%4h0.02582+0.082%$24.5M$24.6M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02579−0.034%$4.4M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02580+0.003%$108K$3K10xas long as short
Gate MON_USDT+0.0100%4h0.02582+0.082%$1.0M$862K50xas long as short
Bitget MONUSDT+0.0100%4h0.02583+0.121%$2.7M$1.8M25xas long as short
Variational Omni MON+0.0100%8h0.02578−0.057%$777K$411Kas long as short
edgeX MONUSDCshort+0.0100%4h0.02580+0.001%$47K$244K10x
GRVT MON_USDT_Perp+0.0100%4h0.02584+0.151%$581K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02580+0.005%$69K$480K50xas long as short
SoDEX MON-USD+0.0100%1h0.02580+0.005%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02583+0.112%$52K$407K10xas long as short
Aevo MON-PERP+0.0104%1h0.02581+0.043%$39K3xas long as short
Kraken Futures PF_MONUSD+0.0132%1h0.02583+0.137%$266K$67K10xas long as short
BloFin MON-USDT+0.0150%4h0.02579−0.034%$1.4M$245K75xas long as short
GMX MON/USD [ETH-USDC]L +0.0261% / S −0.0598%1h0.02584+0.171%$9K50xas long as short
Backpack MON_USDC_PERP+0.0275%1h0.02581+0.051%$138K$137K10xas long as short
KuCoin MONUSDTM+0.0298%4h0.02586+0.237%$3.1M$747K75xas long as short
Perpl MON+0.0447%43m0.02584+0.140%$144K$1.8M10xas long as short
Coinbase International MON-PERP-INTX+0.0648%1h0.02607+1.040%$114K$50K50xas long as short