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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0172%/8h= −18.8% APRnext payment $0.21 per $10,000 · paid last 24h −0.031%
Price spread now: SoDEX against 01 Exchange−0.068%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 3 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 −$5 a day on $10k at the current rate, and SoDEX is 0.068% cheaper against 01 Exchange than usual: you would sell low and buy high (−$7 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 MONUSD0.025030.0272pay 0.0034% / 1h1m 42s$6K$3K5x
ShortSoDEX MON-USD0.025010.0100get 0.0013% / 1h1m 42s$5K$6K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$36.12
Price spread: −0.068% → 0.000%
−$6.79
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$57.91
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; SoDEX: 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 SoDEX no order-book sample
01 Exchange and SoDEX: 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
Phoenix MON0.0000%1h0.02505+0.092%$13K$353K5xas long as short
Perpl MON0.0000%43m0.02502−0.008%$126K$2.2M10xas long as short
Orderly PERP_MON_USDC+0.0089%4h0.02501−0.068%$16K$44K10xas long as short
Lighter MON+0.0096%1h0.02504+0.052%$803K$787K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02500−0.112%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02505+0.088%$393K$575K10xas long as short
Aster MONUSDT+0.0100%4h0.02501−0.051%$99K$213K10xas long as short
dYdX MON-USD+0.0100%1h0.02500−0.096%$12K5xas long as short
Pacifica MON+0.0100%1h0.02501−0.056%$138K$91K3xas long as short
Binance MONUSDT+0.0100%4h0.02501−0.068%$23.8M$27.5M75xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit MONUSDT+0.0100%8h0.02498−0.188%$20.7M$13.8M50xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02498−0.188%$4.2M$6.2M50xas long as short
Bulk MON-USD+0.0100%1h0.02500−0.108%$103K−$010xas long as short
Gate MON_USDT+0.0100%4h0.02501−0.068%$932K$1.0M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02505+0.092%$2.9M$766K75xas long as short
Bitget MONUSDT+0.0100%4h0.02504+0.052%$2.7M$2.3M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02503+0.020%$110K$156K10xas long as short
Variational Omni MON+0.0100%8h0.02504+0.034%$743K$411Kas long as short
edgeX MONUSDC+0.0100%4h0.02505+0.094%$41K$251K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02507+0.170%$565K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02506+0.132%$68K$536K50xas long as short
SoDEX MON-USDshort+0.0100%1h0.02501−0.068%$5K$6K5x
Extended MON-USD+0.0104%1h0.02505+0.080%$47K$268K10xas long as short
Aevo MON-PERP+0.0104%1h0.02501−0.080%$38K3xas long as short
Injective MON/USDC PERP+0.0109%1h0.02500−0.108%$5K$1135.5xas long as short
GMX MON/USD [ETH-USDC]L +0.0230% / S −0.0246%1h0.02500−0.088%$6K50xas long as short
01 Exchange MONUSDlong+0.0272%1h0.02503long leg$6K$3K5x
BloFin MON-USDT+0.0340%4h0.02506+0.132%$1.3M$348K75xas long as short
Hyperliquid MON+0.0428%1h0.02505+0.100%$33.9M$7.8M5xas long as short
Deribit MON_USDC-PERPETUAL+0.0430%1h0.02502−0.016%$73K$138K25xas long as short
Aftermath Perps MONUSD+0.0466%1h0.025030.000%$6K$100K10xas long as short
Coinbase International MON-PERP-INTX+0.0576%1h0.02511+0.340%$110K$53K50xas long as short
Kraken Futures PF_MONUSD+0.0844%1h0.02504+0.038%$269K$119K10xas long as short