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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0124%/8h= −13.6% APRpaid last 24h −0.034%
Price spread now: Paradex against 01 Exchange−0.053%7-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 fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Paradex is 0.053% cheaper against 01 Exchange than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange MONUSD0.025160.0224pay 0.0028% / 1h24m 19s$6K$1K5x
ShortParadex MON-USD-PERP0.025140.0100get 0.0100% / 8h3h 24m$8K$425x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$26.09
Price spread: −0.053% → 0.000%
−$5.27
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$42.36
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Paradex: 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 Paradex no order-book sample
01 Exchange and Paradex: 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−0.0203%1h0.02523+0.290%$5K$1125.5xas long as short
Bybit MONUSDT−0.0004%8h0.02514−0.080%$20.7M$13.4M50xas long as short
Phoenix MON0.0000%1h0.02525+0.382%$12K$358K5xas long as short
Orderly PERP_MON_USDC+0.0073%4h0.02516+0.012%$16K$48K10xas long as short
Backpack MON_USDC_PERP+0.0075%1h0.02518+0.111%$111K$151K10xas long as short
Lighter MON+0.0096%1h0.02517+0.052%$844K$732K10xas long as short
Paradex MON-USD-PERPshort+0.0100%8h0.02514−0.053%$8K$425x
Nado MON-PERP+0.0100%1h0.02519+0.118%$409K$586K10xas long as short
Hyperliquid MON+0.0100%1h0.02516+0.032%$33.9M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02519+0.125%$101K$222K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX MON-USD+0.0100%1h0.02520+0.163%$13K5xas long as short
Pacifica MON+0.0100%1h0.02517+0.052%$139K$93K3xas long as short
Binance MONUSDT+0.0100%4h0.02515−0.046%$23.9M$26.9M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02515−0.028%$4.2M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02520+0.171%$103K$2K10xas long as short
Gate MON_USDT+0.0100%4h0.02518+0.091%$941K$984K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02524+0.330%$2.9M$761K75xas long as short
Bitget MONUSDT+0.0100%4h0.02517+0.052%$2.7M$2.2M25xas long as short
Variational Omni MON+0.0100%8h0.02520+0.152%$747K$408Kas long as short
edgeX MONUSDC+0.0100%4h0.02522+0.256%$41K$250K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02525+0.370%$568K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02523+0.290%$68K$521K50xas long as short
SoDEX MON-USD+0.0100%1h0.02514−0.068%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02516+0.018%$48K$519K10xas long as short
Aevo MON-PERP+0.0104%1h0.02514−0.052%$38K3xas long as short
Deribit MON_USDC-PERPETUAL+0.0148%1h0.02515−0.012%$74K$136K25xas long as short
01 Exchange MONUSDlong+0.0224%1h0.02516long leg$6K$1K5x
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02514−0.060%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02521+0.211%$1.3M$337K75xas long as short
Aftermath Perps MONUSD+0.0349%1h0.02521+0.193%$2K$74K10xas long as short
Coinbase International MON-PERP-INTX+0.0368%1h0.02530+0.568%$110K$57K50xas long as short
Perpl MON+0.0447%43m0.02517+0.040%$114K$2.2M10xas long as short
Kraken Futures PF_MONUSD+0.0724%1h0.02518+0.101%$271K$113K10xas long as short