Disclosed are systems and methods for monitoring drilling fluids. One system includes a flow path containing a fluid having at least one component present therein, and a movable housing having at least one optical computing device configured to move with the movable housing along a detection path, the at least one optical computing device including at least one integrated computational element (ICE) configured to optically interact with the fluid over the detection path, wherein the at least one ICE is configured to detect a characteristic of the at least one component and generate an output signal corresponding to the characteristic.