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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0244%/8h= +26.7% APRnext payment +$0.30 per $10,000 · paid last 24h +0.206%
Price spread now: Aftermath Perps against SoDEX+0.595%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 feesneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Aftermath Perps is 0.595% dearer against SoDEX than usual: you sell high and buy low: +$60 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX MON-USD0.025320.0100pay 0.0013% / 1h46m 03s$5K$6K5x
ShortAftermath Perps MONUSD0.025470.0344get 0.0043% / 1h46m 03s$4K$75K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against SoDEX. 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
$51.23
Price spread: +0.595% → 0.000%
$59.53
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$93.76
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: SoDEX: no order-book sample; Aftermath Perps: 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 SoDEX no order-book sample
Sell Aftermath Perps no order-book sample
SoDEX and Aftermath Perps: 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−0.0388%1h0.02541+0.355%$6K$1065.5xas long as short
01 Exchange MONUSD−0.0024%1h0.02533+0.043%$6K$1K5xas long as short
Phoenix MON0.0000%1h0.02547+0.604%$13K$349K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02533+0.059%$69K$124K25xas long as short
Bybit MONUSDT+0.0013%8h0.02530−0.079%$20.9M$12.5M50xas long as short
Orderly PERP_MON_USDC+0.0060%4h0.02534+0.079%$16K$58K10xas long as short
Paradex MON-USD-PERP+0.0095%8h0.02534+0.080%$8K$425xas long as short
Lighter MON+0.0096%1h0.02534+0.079%$844K$740K10xas long as short
Aster MONUSDT+0.0100%4h0.02533+0.043%$101K$229K10xas long as short
dYdX MON-USD+0.0100%1h0.02534+0.099%$13K5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica MON+0.0100%1h0.02536+0.158%$140K$104K3xas long as short
Binance MONUSDT+0.0100%4h0.02531−0.039%$24.2M$25.9M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.025320.000%$4.2M$5.8M50xas long as short
Bulk MON-USD+0.0100%1h0.02535+0.122%$105K$4K10xas long as short
Gate MON_USDT+0.0100%4h0.025320.000%$953K$890K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02535+0.118%$2.9M$744K75xas long as short
Bitget MONUSDT+0.0100%4h0.02533+0.039%$2.7M$2.0M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02535+0.138%$120K$158K10xas long as short
Variational Omni MON+0.0100%8h0.02530−0.094%$761K$411Kas long as short
edgeX MONUSDC+0.0100%4h0.02547+0.605%$44K$248K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02550+0.728%$573K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02550+0.711%$68K$490K50xas long as short
Nado MON-PERP+0.0100%1h0.02538+0.256%$405K$541K10xas long as short
SoDEX MON-USDlong+0.0100%1h0.02532long leg$5K$6K5x
Extended MON-USD+0.0104%1h0.02537+0.203%$49K$520K10xas long as short
Aevo MON-PERP+0.0104%1h0.02532−0.004%$38K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02534+0.067%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02549+0.671%$1.4M$310K75xas long as short
Aftermath Perps MONUSDshort+0.0344%1h0.02547+0.595%$4K$75K10x
Hyperliquid MON+0.0413%1h0.02538+0.225%$34.6M$7.5M5xas long as short
Perpl MON+0.0447%43m0.02536+0.142%$114K$2.1M10xas long as short
Coinbase International MON-PERP-INTX+0.0744%1h0.02557+0.991%$112K$52K50xas long as short
Kraken Futures PF_MONUSD+0.0843%1h0.02536+0.175%$276K$88K10xas long as short