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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against Variational Omni+0.133%7-day average +0.106% · 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 4 days (all we have)+0.028%+$3 on $10k
Price spread, last 4 days (all we have)−0.910%−$91 · spread now +0.133%, 7d avg +0.106%
Together, before fees−0.882%+ Points / potential airdropVariational Omni: Active · farm board−$88 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.027% dearer against Variational Omni than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.106%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni MON0.025040.0100pay 0.0100% / 8h0m 46s$744K$410K
ShortGate MON_USDT0.025070.0100get 0.0050% / 4h0m 46s$938K$1.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Variational Omni. 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: +0.133% → +0.106%
$2.72
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$12.28
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 38 min ago; Gate: live order book, 1 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 Variational Omni RFQ quote, 38 min ago13.96 bpdoesn't fit117.7 bp −$1,177doesn't fitdoesn't fit
Sell Gate live order book, 1 min ago3.99 bp21.9 bp −$22342.9 bp −$3,429doesn't fitdoesn't fit

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−0.0032%1h0.02505+0.053%$5K$1135.5xas long as short
Phoenix MON0.0000%1h0.02507+0.145%$13K$349K5xas long as short
Perpl MON0.0000%43m0.02509+0.197%$118K$2.2M10xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02507+0.117%$73K$137K25xas long as short
Backpack MON_USDC_PERP+0.0093%1h0.02511+0.285%$110K$157K10xas long as short
Lighter MON+0.0096%1h0.02507+0.133%$805K$786K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02504+0.020%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02510+0.267%$393K$577K10xas long as short
Aster MONUSDT+0.0100%4h0.02507+0.120%$99K$213K10xas long as short
dYdX MON-USD+0.0100%1h0.02508+0.173%$13K5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica MON+0.0100%1h0.02506+0.073%$139K$91K3xas long as short
Binance MONUSDT+0.0100%4h0.02506+0.092%$23.8M$27.6M75xas long as short
Bybit MONUSDT+0.0100%8h0.02503−0.026%$20.9M$13.9M50xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02503−0.026%$4.2M$6.2M50xas long as short
Gate MON_USDTshort+0.0100%4h0.02507+0.133%$938K$1.1M50x
KuCoin MONUSDTM+0.0100%4h0.02510+0.253%$2.9M$765K75xas long as short
Bitget MONUSDT+0.0100%4h0.02507+0.133%$2.7M$2.3M25xas long as short
Variational Omni MONlong+0.0100%8h0.02504long leg$744K$410K
edgeX MONUSDC+0.0100%4h0.02505+0.052%$41K$252K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02509+0.221%$559K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02506+0.093%$68K$543K50xas long as short
Orderly PERP_MON_USDC+0.0100%4h0.02506+0.093%$16K$42K10xas long as short
SoDEX MON-USD+0.0100%1h0.02506+0.093%$5K$6K5xas long as short
Bulk MON-USD+0.0100%1h0.02510+0.253%$103K−$010xas long as short
Extended MON-USD+0.0104%1h0.02513+0.354%$47K$316K10xas long as short
Aevo MON-PERP+0.0104%1h0.02506+0.085%$38K3xas long as short
Hyperliquid MON+0.0153%1h0.02507+0.141%$33.9M$7.8M5xas long as short
01 Exchange MONUSD+0.0216%1h0.02508+0.181%$6K$3K5xas long as short
GMX MON/USD [ETH-USDC]L +0.0231% / S −0.0246%1h0.02507+0.145%$6K50xas long as short
BloFin MON-USDT+0.0340%4h0.02506+0.093%$1.3M$334K75xas long as short
Aftermath Perps MONUSD+0.0502%1h0.02507+0.131%$4K$102K10xas long as short
Coinbase International MON-PERP-INTX+0.0680%1h0.02515+0.457%$111K$54K50xas long as short
Kraken Futures PF_MONUSD+0.1202%1h0.02509+0.197%$269K$118K10xas long as short