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+0.0240%/8h= +26.3% APRpaid last 24h +0.057%
Price spread now: KuCoin against Paradex+0.227%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
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and KuCoin is 0.227% dearer against Paradex than usual: you sell high and buy low: +$23 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex MON-USD-PERP0.025860.0100pay 0.0100% / 8h3h 30m$8K$425x
ShortKuCoin MONUSDTM0.025920.0340get 0.0170% / 4h3h 30m$3.1M$787K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$50.41
Price spread: +0.227% → 0.000%
$22.69
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$57.1
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Paradex: no order-book sample; KuCoin: live order book, 2 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 KuCoin live order book, 2 min ago13.57 bp32.2 bp −$32420.7 bp −$4,207doesn'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−0.0181%1h0.02557−1.126%$6K$1095.5xas long as short
Bybit MONUSDT−0.0049%8h0.02578−0.330%$21.5M$11.5M50xas long as short
Phoenix MON0.0000%1h0.02568−0.697%$15K$374K5xas long as short
01 Exchange MONUSD+0.0080%1h0.02588+0.072%$6K$1K5xas long as short
BloFin MON-USDT+0.0083%4h0.02585−0.044%$1.3M$236K75xas long as short
Orderly PERP_MON_USDC+0.0096%4h0.02579−0.276%$17K$64K10xas long as short
Lighter MON+0.0096%1h0.02581−0.198%$844K$750K10xas long as short
Paradex MON-USD-PERPlong+0.0100%8h0.02586long leg$8K$425x
Nado MON-PERP+0.0100%1h0.02590+0.134%$322K$508K10xas long as short
Hyperliquid MON+0.0100%1h0.02584−0.098%$34.8M$7.4M5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MONUSDT+0.0100%4h0.02586−0.007%$108K$240K10xas long as short
dYdX MON-USD+0.0100%1h0.02588+0.076%$13K5xas long as short
Pacifica MON+0.0100%1h0.02587+0.034%$147K$103K3xas long as short
Binance MONUSDT+0.0100%4h0.02580−0.246%$24.5M$24.0M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02578−0.314%$4.4M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02565−0.817%$108K$3K10xas long as short
Gate MON_USDT+0.0100%4h0.02582−0.160%$982K$921K50xas long as short
Bitget MONUSDT+0.0100%4h0.02581−0.198%$2.7M$1.8M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02590+0.130%$134K$136K10xas long as short
Variational Omni MON+0.0100%8h0.02569−0.645%$781K$381Kas long as short
edgeX MONUSDC+0.0100%4h0.02567−0.740%$47K$242K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02573−0.515%$578K$1.4M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02574−0.469%$68K$483K50xas long as short
SoDEX MON-USD+0.0100%1h0.02580−0.237%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02581−0.207%$52K$407K10xas long as short
Aevo MON-PERP+0.0104%1h0.02619+1.290%$40K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0598%1h0.02579−0.291%$9K50xas long as short
Kraken Futures PF_MONUSD+0.0330%1h0.02582−0.168%$257K$58K10xas long as short
KuCoin MONUSDTMshort+0.0340%4h0.02592+0.227%$3.1M$787K75x
Deribit MON_USDC-PERPETUAL+0.0370%1h0.02581−0.191%$53K$81K25xas long as short
Perpl MON+0.0447%43m0.02587+0.026%$212K$1.7M10xas long as short
Aftermath Perps MONUSD+0.0455%1h0.02570−0.627%$2K$71K10xas long as short
Coinbase International MON-PERP-INTX+0.0496%1h0.02595+0.335%$114K$51K50xas long as short