Spread before costs (cost unknown: a leg has no order-book sample)+0.354%
7d average—if it closes, per $10,000$35funding while held, a day+$1.26
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix MON | 0.02567 | 0.0310 | pay 0.0039% / 1h | 17m 24s | $13K | $420K | 5x |
| Short | 01 Exchange MONUSD | 0.02576 | 0.0352 | get 0.0044% / 1h | 17m 24s | $6K | $1K | 5x |
Phoenix MONPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $35.45
- Funding while held
- $1.26
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- $22.71
- Spread needed to break even
- 0.140%
Slippage unknown: Phoenix: live order book, 26 min ago; 01 Exchange: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0042%
- Per $10,000 a day
- +$1.26
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Phoenix live order book, 26 min ago | 1.16 bp | 13.2 bp −$13 | 52.4 bp −$524 | doesn't fit | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
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 price on every exchange
against the cheapest. Click to use as the short leg.edgeX0.02562cheapestBloFin0.02565+0.125%Variational Omni0.02566+0.148%ApeX Omni0.02566+0.164%
BloFin
Variational Omni
ApeX OmniPhoenix0.02567+0.203%
Injective0.02570+0.320%Bybit0.02571+0.359%OKX0.02572+0.398%Coinbase International0.02573+0.429%Backpack0.02573+0.433%SoDEX0.02573+0.437%Aftermath Perps0.02574+0.471%Gate0.02574+0.476%Aster0.02574+0.492%dYdX0.02574+0.494%Pacifica0.02575+0.499%Binance0.02575+0.502%Paradex0.02575+0.507%Lighter0.02575+0.515%Orderly0.02575+0.515%GMX0.02575+0.523%Kraken Futures0.02575+0.524%Aevo0.02576+0.558%Hyperliquid0.02577+0.577%Perpl0.02577+0.585%Bitget0.02577+0.593%Deribit0.02577+0.601%Nado0.02577+0.609%Extended0.02578+0.628%KuCoin0.02579+0.671%Bulk0.02580+0.710%
Injective
Bybit
OKX
Coinbase International
Backpack
SoDEX
Gate
Aster
dYdX
Pacifica
Binance
Paradex
Lighter
Orderly
GMX
Kraken Futures
Aevo
Hyperliquid
Perpl
Bitget
Deribit
Nado
Extended
KuCoin
BulkMON on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX MONUSDC | −0.202% | +0.0100% | 4h | $47K | $240K | 10x | as long as short |
| BloFin MON-USDT | −0.078% | +0.0120% | 4h | $1.4M | $201K | 75x | as long as short |
| Variational Omni MON | −0.055% | +0.0100% | 8h | $794K | $313K | — | as long as short |
| ApeX Omni MONUSDT | −0.039% | +0.0100% | 1h | $68K | $496K | 50x | as long as short |
| Phoenix MONlong | 0.000% | +0.0310% | 1h | $13K | $420K | 5x | |
| Injective MON/USDC PERP | +0.117% | +0.0199% | 1h | $6K | $111 | 5.5x | as long as short |
| Bybit MONUSDT | +0.156% | +0.0100% | 8h | $21.4M | $11.1M | 50x | as long as short |
| OKX MON-USDT-SWAP | +0.195% | +0.0100% | 4h | $4.4M | $6.4M | 50x | as long as short |
| Coinbase International MON-PERP-INTX | +0.226% | +0.1176% | 1h | $115K | $47K | 50x | as long as short |
| Backpack MON_USDC_PERP | +0.230% | +0.0100% | 1h | $125K | $128K | 10x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX MON-USD | +0.234% | +0.0100% | 1h | $5K | $6K | 5x | as long as short |
| Aftermath Perps MONUSD | +0.268% | +0.1361% | 1h | $6K | $83K | 10x | as long as short |
| Gate MON_USDT | +0.273% | +0.0100% | 4h | $959K | $954K | 50x | as long as short |
| Aster MONUSDT | +0.289% | +0.0100% | 4h | $111K | $240K | 10x | as long as short |
| dYdX MON-USD | +0.291% | +0.0100% | 1h | $13K | — | 5x | as long as short |
| Pacifica MON | +0.296% | +0.0100% | 1h | $162K | $89K | 3x | as long as short |
| Binance MONUSDT | +0.299% | +0.0100% | 4h | $24.5M | $23.3M | 75x | as long as short |
| Paradex MON-USD-PERP | +0.304% | +0.0100% | 8h | $8K | — | 5x | as long as short |
| Lighter MON | +0.312% | +0.0096% | 1h | $856K | $811K | 10x | as long as short |
| Orderly PERP_MON_USDC | +0.312% | +0.0100% | 4h | $17K | $71K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | +0.319% | L +0.0231% / S −0.0343% | 1h | $6K | — | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.320% | +0.0989% | 1h | $256K | $71K | 10x | as long as short |
| 01 Exchange MONUSDshort | +0.354% | +0.0352% | 1h | $6K | $1K | 5x | |
| Aevo MON-PERP | +0.354% | +0.0104% | 1h | $39K | — | 3x | as long as short |
| Hyperliquid MON | +0.374% | +0.0310% | 1h | $34.7M | $7.7M | 5x | as long as short |
| Perpl MON | +0.382% | +0.0447% | 43m | $218K | $1.6M | 10x | as long as short |
| Bitget MONUSDT | +0.390% | +0.0100% | 4h | $2.7M | $1.7M | 25x | as long as short |
| Deribit MON_USDC-PERPETUAL | +0.397% | +0.0449% | 1h | $44K | $70K | 25x | as long as short |
| Nado MON-PERP | +0.406% | +0.0100% | 1h | $301K | $512K | 10x | as long as short |
| Extended MON-USD | +0.424% | +0.0104% | 1h | $45K | $402K | 10x | as long as short |
| KuCoin MONUSDTM | +0.467% | +0.0494% | 4h | $2.6M | $708K | 75x | as long as short |
| Bulk MON-USD | +0.506% | +0.0100% | 1h | $106K | $25K | 10x | as long as short |