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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0028%/8h= −3.1% APRpaid last 24h −0.007%
Price spread now: Orderly against SoDEX0.000%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX MON-USD0.025050.0100pay 0.0013% / 1h16m 08s$5K$6K5x
ShortOrderly PERP_MON_USDC0.025050.0072get 0.0036% / 4h16m 08s$16K$35K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$5.94
Price spread: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$19.94
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; Orderly: 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 Orderly no order-book sample
SoDEX and Orderly: 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
01 Exchange MONUSD−0.0216%1h0.02506+0.032%$6K$1K5xas long as short
Injective MON/USDC PERP−0.0176%1h0.02498−0.279%$5K$1125.5xas long as short
Backpack MON_USDC_PERP−0.0170%1h0.02507+0.088%$113K$151K10xas long as short
Bybit MONUSDT−0.0143%8h0.02504−0.060%$20.6M$13.3M50xas long as short
Phoenix MON0.0000%1h0.02502−0.100%$12K$359K5xas long as short
Perpl MON0.0000%43m0.02507+0.096%$107K$2.3M10xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02506+0.036%$74K$136K25xas long as short
Orderly PERP_MON_USDCshort+0.0072%4h0.025050.000%$16K$35K10x
Variational Omni MON+0.0078%8h0.02503−0.097%$740K$409Kas long as short
Paradex MON-USD-PERP+0.0093%8h0.02504−0.025%$8K$425xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter MON+0.0096%1h0.02506+0.040%$843K$749K10xas long as short
Nado MON-PERP+0.0100%1h0.02508+0.108%$423K$575K10xas long as short
Hyperliquid MON+0.0100%1h0.02507+0.072%$33.8M$7.6M5xas long as short
Aster MONUSDT+0.0100%4h0.02508+0.113%$101K$222K10xas long as short
dYdX MON-USD+0.0100%1h0.02507+0.097%$13K5xas long as short
Pacifica MON+0.0100%1h0.02507+0.080%$138K$93K3xas long as short
Binance MONUSDT+0.0100%4h0.02504−0.040%$23.8M$26.9M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02503−0.080%$4.2M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02505−0.005%$103K$5K10xas long as short
Gate MON_USDT+0.0100%4h0.02506+0.040%$940K$994K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02509+0.160%$2.8M$757K75xas long as short
Bitget MONUSDT+0.0100%4h0.02506+0.040%$2.7M$2.2M25xas long as short
edgeX MONUSDC+0.0100%4h0.02501−0.142%$41K$251K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.025050.000%$561K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.025050.000%$67K$512K50xas long as short
SoDEX MON-USDlong+0.0100%1h0.02505long leg$5K$6K5x
Extended MON-USD+0.0104%1h0.02506+0.041%$49K$519K10xas long as short
Aevo MON-PERP+0.0104%1h0.02505−0.016%$38K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02505−0.020%$9K50xas long as short
Aftermath Perps MONUSD+0.0260%1h0.02505+0.011%$2K$74K10xas long as short
BloFin MON-USDT+0.0340%4h0.02507+0.080%$1.3M$338K75xas long as short
Coinbase International MON-PERP-INTX+0.0408%1h0.02507+0.088%$109K$57K50xas long as short
Kraken Futures PF_MONUSD+0.0543%1h0.02509+0.179%$269K$114K10xas long as short