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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0252%/8h= −27.6% APRpaid last 24h −0.030%
Price spread now: Binance against 01 Exchange−0.060%53s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Binance is 0.060% cheaper against 01 Exchange than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange MONUSD0.025090.0352pay 0.0044% / 1h40m 40s$6K$3K5x
ShortBinance MONUSDT0.025080.0100get 0.0050% / 4h40m 40s$23.8M$27.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against 01 Exchange. 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
−$52.92
Price spread: −0.060% → 0.000%
−$5.98
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Binance: 5 bp × 2 orders
−$10
Net
−$75.9
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Binance: live order book, 16 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 01 Exchange no order-book sample
Sell Binance live order book, 16 min ago2.01 bp13.3 bp −$1345.1 bp −$451304.2 bp −$30.4Kdoesn't fit
01 Exchange: 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−0.0032%1h0.02500−0.379%$5K$1105.5xas long as short
Phoenix MON0.0000%1h0.02510+0.008%$13K$349K5xas long as short
Perpl MON0.0000%43m0.02510+0.036%$127K$2.2M10xas long as short
Lighter MON+0.0096%1h0.02508−0.060%$804K$785K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02507−0.096%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02514+0.185%$395K$578K10xas long as short
Aster MONUSDT+0.0100%4h0.02508−0.045%$99K$213K10xas long as short
dYdX MON-USD+0.0100%1h0.02507−0.090%$13K5xas long as short
Pacifica MON+0.0100%1h0.02508−0.040%$139K$92K3xas long as short
Binance MONUSDTshort+0.0100%4h0.02508−0.060%$23.8M$27.5M75x
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit MONUSDT+0.0100%8h0.02505−0.179%$20.8M$13.8M50xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02505−0.179%$4.2M$6.2M50xas long as short
Bulk MON-USD+0.0100%1h0.02500−0.379%$103K−$010xas long as short
Gate MON_USDT+0.0100%4h0.02508−0.060%$934K$1.0M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02511+0.060%$2.9M$766K75xas long as short
Bitget MONUSDT+0.0100%4h0.02509−0.020%$2.7M$2.3M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02512+0.088%$110K$157K10xas long as short
Variational Omni MON+0.0100%8h0.02507−0.099%$744K$411Kas long as short
edgeX MONUSDC+0.0100%4h0.02502−0.311%$41K$250K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02504−0.230%$565K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02504−0.219%$68K$537K50xas long as short
Orderly PERP_MON_USDC+0.0100%4h0.02509−0.020%$16K$42K10xas long as short
SoDEX MON-USD+0.0100%1h0.02510+0.020%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02511+0.066%$47K$316K10xas long as short
Aevo MON-PERP+0.0104%1h0.02510+0.020%$38K3xas long as short
Deribit MON_USDC-PERPETUAL+0.0188%1h0.02511+0.048%$73K$138K25xas long as short
GMX MON/USD [ETH-USDC]L +0.0231% / S −0.0246%1h0.02509−0.012%$6K50xas long as short
Hyperliquid MON+0.0304%1h0.02511+0.056%$34.0M$7.8M5xas long as short
BloFin MON-USDT+0.0340%4h0.02508−0.060%$1.3M$341K75xas long as short
01 Exchange MONUSDlong+0.0352%1h0.02509long leg$6K$3K5x
Aftermath Perps MONUSD+0.0585%1h0.02506−0.157%$6K$100K10xas long as short
Coinbase International MON-PERP-INTX+0.0680%1h0.02515+0.211%$111K$55K50xas long as short
Kraken Futures PF_MONUSD+0.1200%1h0.02512+0.091%$270K$119K10xas long as short