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

MON

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bitget against SoDEX−0.039%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.039% cheaper against SoDEX than usual: you would sell low and buy high, −$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX MON-USD0.025390.0100pay 0.0013% / 1h3m 01s$5K$6K5x
ShortBitget MONUSDT0.025380.0100get 0.0050% / 4h2h 03m$2.7M$2.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$0
Price spread: −0.039% → 0.000%
−$3.94
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$23.94
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; Bitget: live order book, 4 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 SoDEX no order-book sample
Sell Bitget live order book, 4 min ago5.91 bp20.6 bp −$2164.7 bp −$647doesn't fitdoesn't fit
SoDEX: 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 32 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%1h0.02546+0.276%$6K$1095.5xas long as short
Bybit MONUSDT−0.0085%8h0.02535−0.150%$20.8M$12.8M50xas long as short
Phoenix MON0.0000%1h0.02538−0.055%$13K$349K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02540+0.047%$69K$125K25xas long as short
01 Exchange MONUSD+0.0024%1h0.02540+0.047%$6K$1K5xas long as short
Orderly PERP_MON_USDC+0.0076%4h0.02541+0.079%$16K$51K10xas long as short
Lighter MON+0.0096%1h0.02542+0.118%$847K$743K10xas long as short
Paradex MON-USD-PERP+0.0098%8h0.02540+0.051%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02542+0.130%$407K$542K10xas long as short
Hyperliquid MON+0.0100%1h0.025390.000%$34.4M$7.5M5xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MONUSDT+0.0100%4h0.02542+0.100%$102K$229K10xas long as short
dYdX MON-USD+0.0100%1h0.02540+0.044%$13K5xas long as short
Pacifica MON+0.0100%1h0.02541+0.095%$141K$104K3xas long as short
Binance MONUSDT+0.0100%4h0.02538−0.051%$24.2M$25.9M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02535−0.158%$4.2M$5.8M50xas long as short
Bulk MON-USD+0.0100%1h0.02531−0.329%$105K$4K10xas long as short
Gate MON_USDT+0.0100%4h0.02538−0.039%$948K$906K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02541+0.079%$2.9M$743K75xas long as short
Bitget MONUSDTshort+0.0100%4h0.02538−0.039%$2.7M$2.0M25x
Backpack MON_USDC_PERP+0.0100%1h0.02539−0.016%$118K$153K10xas long as short
Variational Omni MON+0.0100%8h0.02536−0.116%$754K$405Kas long as short
edgeX MONUSDC+0.0100%4h0.02538−0.048%$43K$248K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.025390.000%$568K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02540+0.039%$68K$497K50xas long as short
SoDEX MON-USDlong+0.0100%1h0.02539long leg$5K$6K5x
Extended MON-USD+0.0104%1h0.02541+0.098%$49K$517K10xas long as short
Aevo MON-PERP+0.0104%1h0.02539−0.016%$38K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02539−0.004%$9K50xas long as short
Aftermath Perps MONUSD+0.0306%1h0.02541+0.088%$2K$79K10xas long as short
Perpl MON+0.0447%43m0.02542+0.114%$106K$2.3M10xas long as short
Coinbase International MON-PERP-INTX+0.0744%1h0.02556+0.662%$112K$52K50xas long as short
Kraken Futures PF_MONUSD+0.0842%1h0.02541+0.094%$268K$97K10xas long as short