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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.01 per $10,000 · paid last 24h −0.049%
Price spread now: Nado against 01 Exchange+0.109%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 fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Nado is 0.109% dearer against 01 Exchange than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange MONUSD0.025710.0088pay 0.0011% / 1h32m 09s$6K$1K5x
ShortNado MON-PERP0.025740.0100get 0.0012% / 1h32m 09s$393K$536K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
$2.52
Price spread: +0.109% → 0.000%
$10.86
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$0.62
Costs to cover
0.140%
Break-even
8.7 days
Slippage unknown: 01 Exchange: no order-book sample; Nado: live order book, 41 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 Nado live order book, 41 min ago2.15 bp9.1 bp −$9doesn't fitdoesn't fitdoesn'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−0.0444%1h0.02576+0.183%$6K$1075.5xas long as short
Phoenix MON0.0000%1h0.02576+0.198%$13K$351K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02573+0.062%$69K$119K25xas long as short
Orderly PERP_MON_USDC+0.0068%4h0.02572+0.027%$17K$64K10xas long as short
01 Exchange MONUSDlong+0.0088%1h0.02571long leg$6K$1K5x
Lighter MON+0.0096%1h0.02575+0.144%$858K$754K10xas long as short
Paradex MON-USD-PERP+0.0098%8h0.02571−0.002%$8K$425xas long as short
Nado MON-PERPshort+0.0100%1h0.02574+0.109%$393K$536K10x
Hyperliquid MON+0.0100%1h0.02578+0.249%$35.0M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02573+0.081%$107K$231K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX MON-USD+0.0100%1h0.02575+0.147%$13K5xas long as short
Pacifica MON+0.0100%1h0.02575+0.144%$142K$104K3xas long as short
Binance MONUSDT+0.0100%4h0.02573+0.066%$24.6M$25.7M75xas long as short
Bybit MONUSDT+0.0100%8h0.02572+0.027%$21.3M$12.2M50xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02572+0.027%$4.3M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02575+0.144%$106K$2K10xas long as short
Gate MON_USDT+0.0100%4h0.02574+0.105%$981K$904K50xas long as short
Bitget MONUSDT+0.0100%4h0.02576+0.183%$2.7M$1.9M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02575+0.159%$128K$141K10xas long as short
Variational Omni MON+0.0100%8h0.02581+0.381%$780K$407Kas long as short
edgeX MONUSDC+0.0100%4h0.02578+0.253%$44K$248K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02581+0.394%$585K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02577+0.222%$69K$484K50xas long as short
SoDEX MON-USD+0.0100%1h0.02572+0.027%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02576+0.181%$49K$517K10xas long as short
Aevo MON-PERP+0.0104%1h0.02573+0.062%$39K3xas long as short
Aftermath Perps MONUSD+0.0135%1h0.02576+0.194%$4K$76K10xas long as short
KuCoin MONUSDTM+0.0142%4h0.02577+0.222%$3.0M$725K75xas long as short
GMX MON/USD [ETH-USDC]L +0.0261% / S −0.0598%1h0.02572+0.043%$8K50xas long as short
BloFin MON-USDT+0.0340%4h0.02578+0.261%$1.4M$308K75xas long as short
Perpl MON+0.0447%43m0.02571−0.016%$174K$2.0M10xas long as short
Kraken Futures PF_MONUSD+0.0464%1h0.02576+0.173%$270K$78K10xas long as short
Coinbase International MON-PERP-INTX+0.0808%1h0.02577+0.222%$113K$51K50xas long as short