Spread before costs (cost unknown: a leg has no order-book sample)−0.049%
7d average—if it closes, per $10,000$5funding while held, a day−$1.08
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni MON | 0.02588 | 0.0100 | pay 0.0100% / 8h | 16m 18s | $802K | $319K | — |
| Short | Injective MON/USDC PERP | 0.02587 | 0.0064 | get 0.0008% / 1h | 16m 18s | $6K | $110 | 5.5x |
Variational Omni MON
Injective MON/USDC PERPPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$4.95
- Funding while held
- −$1.08
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$6.04
- Spread needed to break even
- 0.000%
Slippage unknown: Variational Omni: RFQ quote, 34 min ago; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0036%
- Per $10,000 a day
- −$1.08
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni RFQ quote, 34 min ago | 13.32 bp | doesn't fit | 116.1 bp −$1,161 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 price on every exchange
against the cheapest. Click to use as the short leg.Injective0.02587cheapest
Variational Omni0.02588+0.049%
Bybit0.02590+0.116%OKX0.02591+0.155%edgeX0.02592+0.199%Perpl0.02592+0.205%Phoenix0.02592+0.209%Binance0.02593+0.225%Pacifica0.02593+0.232%Gate0.02593+0.232%Bitget0.02593+0.232%Orderly0.02593+0.232%GMX0.02593+0.236%dYdX0.02593+0.248%Bulk0.02594+0.266%ApeX Omni0.02594+0.271%SoDEX0.02594+0.271%BloFin0.02594+0.271%Aevo0.02594+0.282%Paradex0.02595+0.292%Backpack0.02595+0.294%Aster0.02595+0.309%Aftermath Perps0.02595+0.316%Kraken Futures0.02596+0.334%Deribit0.02596+0.336%01 Exchange0.02596+0.340%Lighter0.02596+0.348%Hyperliquid0.02597+0.371%Extended0.02597+0.398%Nado0.02597+0.406%KuCoin0.02599+0.464%Coinbase International0.02606+0.727%
Bybit
OKX
Perpl
Phoenix
Binance
Pacifica
Gate
Bitget
Orderly
GMX
dYdX
Bulk
ApeX Omni
SoDEX
BloFin
Aevo
Paradex
Backpack
Aster
Kraken Futures
Deribit
Lighter
Hyperliquid
Extended
Nado
KuCoin
Coinbase InternationalMON on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective MON/USDC PERPshort | −0.049% | +0.0064% | 1h | $6K | $110 | 5.5x | |
| Variational Omni MONlong | 0.000% | +0.0100% | 8h | $802K | $319K | — | |
| Bybit MONUSDT | +0.066% | +0.0100% | 8h | $21.7M | $11.1M | 50x | as long as short |
| OKX MON-USDT-SWAP | +0.105% | +0.0100% | 4h | $4.5M | $6.6M | 50x | as long as short |
| edgeX MONUSDC | +0.149% | +0.0100% | 4h | $48K | $239K | 10x | as long as short |
| Perpl MON | +0.155% | +0.0447% | 43m | $134K | $1.5M | 10x | as long as short |
| Phoenix MON | +0.159% | +0.0305% | 1h | $13K | $427K | 5x | as long as short |
| Binance MONUSDT | +0.176% | +0.0100% | 4h | $24.6M | $23.4M | 75x | as long as short |
| Pacifica MON | +0.182% | +0.0100% | 1h | $164K | $89K | 3x | as long as short |
| Gate MON_USDT | +0.182% | +0.0100% | 4h | $976K | $959K | 50x | as long as short |