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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:22 UTC−0.0080%/8h= −8.8% APRpaid last 24h +0.063%
Price spread now: 01 Exchange against Perpl−0.210%7-day average · you buy dearer than you sell
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 airdropPerpl: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and 01 Exchange is 0.210% cheaper against Perpl than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPerpl MON0.025270get 0.0000% / 43m42m 48s$105K$2.3M10x
Short01 Exchange MONUSD0.02522−0.0080pay 0.0010% / 1h11m 48s$6K$1K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Perpl. 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
−$16.8
Price spread: −0.210% → 0.000%
−$20.97
Slippage, 4 orders
no order book: not counted
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$58.57
Costs to cover
0.208%
Break-even
never at this rate
Slippage unknown: Perpl: no order-book sample; 01 Exchange: 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 Perpl no order-book sample
Sell 01 Exchange no order-book sample
Perpl and 01 Exchange: 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+0.032%$12K$367K5xas long as short
Backpack MON_USDC_PERP−0.0270%1h0.02524−0.131%$111K$152K10xas long as short
Injective MON/USDC PERP−0.0253%1h0.02528+0.024%$5K$1125.5xas long as short
Bybit MONUSDT−0.0154%8h0.02521−0.253%$20.7M$13.1M50xas long as short
01 Exchange MONUSDshort−0.0080%1h0.02522−0.210%$6K$1K5x
Perpl MONlong0.0000%43m0.02527long leg$105K$2.3M10x
Deribit MON_USDC-PERPETUAL0.0000%1h0.02525−0.115%$68K$125K25xas long as short
Orderly PERP_MON_USDC+0.0084%4h0.02524−0.135%$16K$51K10xas long as short
Lighter MON+0.0096%1h0.02527−0.016%$843K$738K10xas long as short
Paradex MON-USD-PERP+0.0099%8h0.02525−0.113%$8K$425xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado MON-PERP+0.0100%1h0.02528+0.025%$412K$544K10xas long as short
Hyperliquid MON+0.0100%1h0.02525−0.079%$34.2M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02527−0.034%$101K$222K10xas long as short
dYdX MON-USD+0.0100%1h0.02525−0.104%$13K5xas long as short
Pacifica MON+0.0100%1h0.02526−0.036%$140K$93K3xas long as short
Binance MONUSDT+0.0100%4h0.02526−0.055%$24.0M$26.6M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02521−0.253%$4.2M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02520−0.276%$103K$5K10xas long as short
Gate MON_USDT+0.0100%4h0.02524−0.135%$950K$965K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02524−0.135%$2.9M$743K75xas long as short
Bitget MONUSDT+0.0100%4h0.02525−0.095%$2.7M$2.1M25xas long as short
Variational Omni MON+0.0100%8h0.02533+0.222%$752K$405Kas long as short
edgeX MONUSDC+0.0100%4h0.02530+0.114%$42K$251K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02532+0.183%$567K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02530+0.103%$68K$503K50xas long as short
SoDEX MON-USD+0.0100%1h0.02524−0.135%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02525−0.095%$48K$518K10xas long as short
Aevo MON-PERP+0.0104%1h0.02524−0.154%$38K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02524−0.119%$9K50xas long as short
Aftermath Perps MONUSD+0.0269%1h0.02529+0.062%$2K$74K10xas long as short
BloFin MON-USDT+0.0340%4h0.02523−0.174%$1.3M$320K75xas long as short
Kraken Futures PF_MONUSD+0.0492%1h0.02527−0.010%$270K$112K10xas long as short
Coinbase International MON-PERP-INTX+0.0536%1h0.02541+0.546%$112K$58K50xas long as short