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= +0.7% APRpaid last 24h +0.005%
Price spread now: Nado against Paradex+0.130%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 3 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 · Nado: 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: Nado is 0.130% dearer against Paradex than usual: you sell high and buy low, +$13 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-PERP0.025050.0093pay 0.0093% / 8h4h 14m$8K$425x
ShortNado MON-PERP0.025080.0100get 0.0012% / 1h14m 48s$423K$575K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
$1.43
Price spread: +0.130% → 0.000%
$13.05
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$3.48
Costs to cover
0.110%
Break-even
from the start
Slippage unknown: Paradex: no order-book sample; Nado: live order book, 43 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 Nado live order book, 43 min ago1.39 bp11.5 bp −$12doesn'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
01 Exchange MONUSD−0.0216%1h0.02508+0.122%$6K$1K5xas long as short
Injective MON/USDC PERP−0.0176%1h0.02498−0.277%$5K$1125.5xas long as short
Backpack MON_USDC_PERP−0.0167%1h0.02509+0.182%$113K$151K10xas long as short
Bybit MONUSDT−0.0141%8h0.02506+0.038%$20.7M$13.3M50xas long as short
Phoenix MON0.0000%1h0.02508+0.126%$12K$359K5xas long as short
Perpl MON0.0000%43m0.02509+0.154%$107K$2.3M10xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02508+0.106%$74K$136K25xas long as short
Orderly PERP_MON_USDC+0.0072%4h0.02507+0.082%$16K$34K10xas long as short
Variational Omni MON+0.0078%8h0.02503−0.095%$740K$409Kas long as short
Paradex MON-USD-PERPlong+0.0093%8h0.02505long leg$8K$425x
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter MON+0.0096%1h0.02509+0.162%$845K$749K10xas long as short
Nado MON-PERPshort+0.0100%1h0.02508+0.130%$423K$575K10x
Hyperliquid MON+0.0100%1h0.02509+0.182%$33.8M$7.6M5xas long as short
Aster MONUSDT+0.0100%4h0.02508+0.132%$101K$222K10xas long as short
dYdX MON-USD+0.0100%1h0.02507+0.099%$13K5xas long as short
Pacifica MON+0.0100%1h0.02507+0.066%$138K$93K3xas long as short
Binance MONUSDT+0.0100%4h0.02508+0.122%$23.9M$26.9M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02506+0.042%$4.2M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02505−0.003%$103K$5K10xas long as short
Gate MON_USDT+0.0100%4h0.02508+0.122%$940K$994K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02510+0.202%$2.8M$757K75xas long as short
Bitget MONUSDT+0.0100%4h0.02509+0.162%$2.7M$2.2M25xas long as short
edgeX MONUSDC+0.0100%4h0.02506+0.041%$41K$251K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02508+0.120%$562K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02507+0.082%$67K$512K50xas long as short
SoDEX MON-USD+0.0100%1h0.02507+0.082%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02510+0.195%$49K$519K10xas long as short
Aevo MON-PERP+0.0104%1h0.02507+0.062%$38K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02507+0.090%$9K50xas long as short
Aftermath Perps MONUSD+0.0266%1h0.02506+0.023%$2K$74K10xas long as short
BloFin MON-USDT+0.0340%4h0.02507+0.082%$1.3M$338K75xas long as short
Coinbase International MON-PERP-INTX+0.0408%1h0.02507+0.090%$109K$57K50xas long as short
Kraken Futures PF_MONUSD+0.0543%1h0.02511+0.223%$269K$114K10xas long as short