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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRnext payment $0.00 per $10,000 · paid last 24h +0.005%
Price spread now: Nado against SoDEX+0.047%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 airdropNado: 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 0.047% dearer against SoDEX than usual: you sell high and buy low, +$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX MON-USD0.025530.0100pay 0.0013% / 1h50m 51s$5K$6K5x
ShortNado MON-PERP0.025540.0100get 0.0012% / 1h50m 51s$389K$540K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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: +0.047% → 0.000%
$4.66
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$10.34
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; Nado: live order book, 22 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 Nado live order book, 22 min ago2.15 bp9.1 bp −$9doesn't fitdoesn'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 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−0.0444%1h0.02556+0.118%$6K$1055.5xas long as short
Backpack MON_USDC_PERP−0.0151%1h0.02554+0.024%$127K$142K10xas long as short
Bybit MONUSDT−0.0070%8h0.02551−0.090%$21.0M$12.1M50xas long as short
Phoenix MON0.0000%1h0.02556+0.098%$13K$351K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02554+0.024%$69K$119K25xas long as short
01 Exchange MONUSD+0.0032%1h0.02551−0.074%$6K$1K5xas long as short
Orderly PERP_MON_USDC+0.0070%4h0.02551−0.078%$17K$64K10xas long as short
Lighter MON+0.0096%1h0.02555+0.078%$849K$743K10xas long as short
Paradex MON-USD-PERP+0.0097%8h0.02549−0.138%$8K$425xas long as short
Nado MON-PERPshort+0.0100%1h0.02554+0.047%$389K$540K10x
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MON+0.0100%1h0.02555+0.090%$34.6M$7.6M5xas long as short
Aster MONUSDT+0.0100%4h0.02554+0.026%$106K$231K10xas long as short
dYdX MON-USD+0.0100%1h0.02552−0.028%$13K5xas long as short
Pacifica MON+0.0100%1h0.02552−0.039%$141K$104K3xas long as short
Binance MONUSDT+0.0100%4h0.02554+0.031%$24.4M$25.5M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02551−0.078%$4.3M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02560+0.274%$107K−$010xas long as short
Gate MON_USDT+0.0100%4h0.02552−0.039%$973K$891K50xas long as short
Bitget MONUSDT+0.0100%4h0.02554+0.039%$2.7M$1.9M25xas long as short
Variational Omni MON+0.0100%8h0.02550−0.113%$771K$407Kas long as short
edgeX MONUSDC+0.0100%4h0.02555+0.072%$47K$244K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02557+0.157%$579K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02555+0.078%$68K$482K50xas long as short
SoDEX MON-USDlong+0.0100%1h0.02553long leg$5K$6K5x
Extended MON-USD+0.0104%1h0.02556+0.112%$49K$418K10xas long as short
Aevo MON-PERP+0.0104%1h0.02554+0.024%$39K3xas long as short
Aftermath Perps MONUSD+0.0129%1h0.02557+0.138%$3K$75K10xas long as short
KuCoin MONUSDTM+0.0208%4h0.02556+0.118%$3.0M$721K75xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0598%1h0.02553−0.012%$8K50xas long as short
BloFin MON-USDT+0.0340%4h0.02552−0.039%$1.3M$306K75xas long as short
Perpl MON+0.0447%43m0.02552−0.047%$123K$1.8M10xas long as short
Kraken Futures PF_MONUSD+0.0467%1h0.02556+0.125%$268K$78K10xas long as short
Coinbase International MON-PERP-INTX+0.0808%1h0.02609+2.190%$115K$50K50xas long as short