MON

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0254%/8h= +27.8% APRnext payment +$1.27 per $10,000 · paid last 24h +0.057%

Price spread now: KuCoin against Bitget+0.155%7-day average +0.046% · you sell dearer than you buy

Net, funding: paid 7d − costs−$127as in the Funding arb table

Net, price: spread back to 7d avg − costs−$116as in the Price arb table

costs, in and out, $10k−$1271.272% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.003%$0 on $10k

Price spread, last 7 days−0.264%−$26 · spread now +0.155%, 7d avg +0.046%

Together, before fees−0.261%−$26 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and KuCoin is 0.109% dearer against Bitget than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.046%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.003% in total (about 0.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.27 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget MONUSDT	0.02587	0.0100	pay 0.0050% / 4h	2h 47m	$2.7M	$1.8M	25x
Short	KuCoin MONUSDTM	0.02591	0.0354	get 0.0177% / 4h	2h 47m	$3.2M	$789K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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

Position, each leg$Hold fordaysFee BitgetbpFee KuCoinbpOrdersPrice spread, now +0.155%Rate

Funding earned: $53.34
Price spread: +0.155% → +0.046%: $10.86
Slippage, 4 orders: −$103.21
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$63.01
Costs to cover: 1.272%
Break-even: 15.3 days

Slippage from Bitget: live order book, 5 min ago; KuCoin: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 5 min ago	7.76 bp	22.7 bp −$23	80.9 bp −$809	doesn't fit	doesn't fit
Sell KuCoin live order book, 5 min ago	13.56 bp	35.3 bp −$35	409.6 bp −$4,096	doesn't fit	doesn't fit

MON on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective MON/USDC PERP	−0.0739%	1h	0.02587	0.000%	$6K	$107	5.5x	as long as short
01 Exchange MONUSD	−0.0112%	1h	0.02587	−0.004%	$6K	$1K	5x	as long as short
Phoenix MON	0.0000%	1h	0.02579	−0.290%	$13K	$384K	5x	as long as short
Deribit MON_USDC-PERPETUAL	0.0000%	1h	0.02585	−0.093%	$63K	$110K	25x	as long as short
Bybit MONUSDT	+0.0010%	8h	0.02584	−0.116%	$21.6M	$11.8M	50x	as long as short
BloFin MON-USDT	+0.0066%	4h	0.02579	−0.309%	$1.4M	$242K	75x	as long as short
Orderly PERP_MON_USDC	+0.0092%	4h	0.02583	−0.155%	$17K	$64K	10x	as long as short
Lighter MON	+0.0096%	1h	0.02586	−0.039%	$847K	$753K	10x	as long as short
Paradex MON-USD-PERP	+0.0099%	8h	0.02585	−0.074%	$8K	$42	5x	as long as short
Nado MON-PERP	+0.0100%	1h	0.02589	+0.071%	$349K	$534K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid MON	+0.0100%	1h	0.02589	+0.066%	$34.9M	$7.5M	5x	as long as short
Aster MONUSDT	+0.0100%	4h	0.02584	−0.122%	$108K	$233K	10x	as long as short
dYdX MON-USD	+0.0100%	1h	0.02585	−0.077%	$13K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02584	−0.104%	$143K	$107K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02585	−0.086%	$24.6M	$24.5M	75x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02583	−0.155%	$4.4M	$6.0M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02575	−0.464%	$108K	$3K	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02584	−0.116%	$1.0M	$927K	50x	as long as short
Bitget MONUSDTlong	+0.0100%	4h	0.02587	long leg	$2.7M	$1.8M	25x
Variational Omni MON	+0.0100%	8h	0.02573	−0.560%	$773K	$405K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02578	−0.351%	$47K	$243K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02581	−0.231%	$580K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02578	−0.348%	$69K	$482K	50x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02583	−0.155%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02587	−0.007%	$52K	$407K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02582	−0.193%	$39K	—	3x	as long as short
Kraken Futures PF_MONUSD	+0.0132%	1h	0.02586	−0.039%	$263K	$63K	10x	as long as short
Backpack MON_USDC_PERP	+0.0243%	1h	0.02584	−0.112%	$137K	$137K	10x	as long as short
GMX MON/USD [ETH-USDC]	L +0.0261% / S −0.1052%	1h	0.02583	−0.143%	$13K	—	50x	as long as short
KuCoin MONUSDTMshort	+0.0354%	4h	0.02591	+0.155%	$3.2M	$789K	75x
Aftermath Perps MONUSD	+0.0399%	1h	0.02584	−0.133%	$2K	$73K	10x	as long as short
Perpl MON	+0.0447%	43m	0.02586	−0.023%	$145K	$1.8M	10x	as long as short
Coinbase International MON-PERP-INTX	+0.0648%	1h	0.02625	+1.480%	$115K	$51K	50x	as long as short