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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0244%/8h= +26.7% APRnext payment +$0.31 per $10,000 · paid last 24h −0.093%
Price spread now: Bulk against 01 Exchange+0.256%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 5 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 for this trade now. Funding pays +$7 a day on $10k at the current rate, and Bulk is 0.256% dearer against 01 Exchange than usual: you sell high and buy low: +$26 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange MONUSD0.02623−0.0144get 0.0018% / 1h7m 09s$11K$5K5x
ShortBulk MON-USD0.026300.0100get 0.0013% / 1h7m 09s$88K$21K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk 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
$51.24
Price spread: +0.256% → 0.000%
$25.59
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
$62.83
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: 01 Exchange: no order-book sample; Bulk: 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 01 Exchange no order-book sample
Sell Bulk no order-book sample
01 Exchange and Bulk: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit MONUSDT−0.0473%8h0.02621−0.091%$22.8M$19.3M50xas long as short
01 Exchange MONUSDlong−0.0144%1h0.02623long leg$11K$5K5x
Injective MON/USDC PERP−0.0062%1h0.02636+0.480%$6K$2275.5xas long as short
Phoenix MON0.0000%1h0.02635+0.431%$13K$420K5xas long as short
Perpl MON0.0000%43m0.02625+0.076%$124K$1.5M10xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02624+0.034%$27K$126K25xas long as short
Variational Omni MON+0.0031%8h0.02631+0.306%$743K$998Kas long as short
Coinbase International MON-PERP-INTX+0.0040%1h0.02621−0.091%$132K$554K50xas long as short
Backpack MON_USDC_PERP+0.0041%1h0.02625+0.065%$125K$79K10xas long as short
Kraken Futures PF_MONUSD+0.0050%1h0.02624+0.026%$322K$363K10xas long as short
Show all 33 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter MON+0.0096%1h0.02626+0.099%$820K$363K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02623−0.009%$8K5xas long as short
Nado MON-PERP+0.0100%1h0.02625+0.046%$325K$455K10xas long as short
Hyperliquid MON+0.0100%1h0.02624+0.038%$36.9M$9.3M5xas long as short
Aster MONUSDT+0.0100%4h0.02628+0.170%$114K$88K10xas long as short
dYdX MON-USD+0.0100%1h0.02628+0.173%$13K5xas long as short
Pacifica MON+0.0100%1h0.02627+0.118%$144K$32K3xas long as short
Binance MONUSDT+0.0100%4h0.02623−0.008%$25.6M$26.8M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02622−0.053%$4.4M$6.1M50xas long as short
Bulk MON-USDshort+0.0100%1h0.02630+0.256%$88K$21K10x
Gate MON_USDT+0.0100%4h0.02626+0.099%$998K$1.8M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02627+0.137%$2.6M$971K75xas long as short
Bitget MONUSDT+0.0100%4h0.02626+0.099%$2.6M$2.4M25xas long as short
edgeX MONUSDC+0.0100%4h0.02631+0.291%$42K$320K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02631+0.306%$589K$398K10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02630+0.252%$72K$594K50xas long as short
Orderly PERP_MON_USDC+0.0100%4h0.02624+0.023%$15K$924K10xas long as short
SoDEX MON-USD+0.0100%1h0.02623−0.015%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02624+0.030%$60K$784K10xas long as short
Aevo MON-PERP+0.0104%1h0.02624+0.027%$44K$4K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0236% / S −0.0370%1h0.02628+0.164%$6K50xas long as short
BloFin MON-USDT+0.0340%4h0.02623−0.015%$1.5M$832K75xas long as short
Aftermath Perps MONUSD+0.0668%1h0.02632+0.332%$6K$109K10xas long as short