Funding you earn now, next payment 00:00 UTC−0.0023%/8h= −2.6% APRnext payment −$0.12 per $10,000 · paid last 24h −0.013%
Price spread now: Binance against BloFin+0.311%81s7-day average −0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$630.633% of the position
Funding, last 7 days−0.180%−$18 on $10k
+Price spread, last 3 days (all we have)−1.145%−$114 · spread now +0.311%, 7d avg −0.028%
=The price spread pays, funding is against you. Binance is 0.339% dearer against BloFin than usual: you sell high and buy low (spread +0.311% now, against its 7-day average of −0.028%): +$34 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 48 days. At the pace of the last 7 days (−0.180% in total) that is about 13 days. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MON-USDT | 0.02572 | 0.0123 | pay 0.0062% / 4h | 2h 49m | $1.4M | $241K | 75x |
| Short | Binance MONUSDT | 0.02580 | 0.0100 | get 0.0050% / 4h | 2h 49m | $24.5M | $24.6M | 75x |
BloFin MON-USDT
Binance MONUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$4.91
- Price spread: +0.311% → −0.028%
- $33.93
- Slippage, 4 orders
- −$41.35
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$34.33
- Costs to cover
- 0.633%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; Binance: live order book, 6 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 BloFin live order book, 3 min ago | 5.82 bp | 12.2 bp −$12 | 30.7 bp −$307 | 132.5 bp −$13.3K | doesn't fit |
| Sell Binance live order book, 6 min ago | 1.93 bp | 18.1 bp −$18 | 61.7 bp −$617 | 304.7 bp −$30.5K | 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 | +0.583% | $6K | $107 | 5.5x | as long as short |
| 01 Exchange MONUSD | −0.0128% | 1h | 0.02578 | +0.222% | $6K | $1K | 5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02574 | +0.062% | $13K | $384K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02581 | +0.365% | $63K | $110K | 25x | as long as short |
| Bybit MONUSDT | +0.0002% | 8h | 0.02579 | +0.260% | $21.6M | $11.8M | 50x | as long as short |
| Orderly PERP_MON_USDC | +0.0092% | 4h | 0.02579 | +0.272% | $17K | $64K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02580 | +0.311% | $845K | $753K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0099% | 8h | 0.02578 | +0.240% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02581 | +0.363% | $348K | $536K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02583 | +0.416% | $34.8M | $7.5M | 5x | as long as short |
Injective MON/USDC PERP
01 Exchange MONUSD
Phoenix MON
Deribit MON_USDC-PERPETUAL
Bybit MONUSDT
Orderly PERP_MON_USDC
Lighter MON
Paradex MON-USD-PERP
Nado MON-PERP
Hyperliquid MONShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster MONUSDT | +0.0100% | 4h | 0.02580 | +0.297% | $107K | $233K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02580 | +0.307% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02579 | +0.272% | $142K | $108K | 3x | as long as short |
| Binance MONUSDTshort | +0.0100% | 4h | 0.02580 | +0.311% | $24.5M | $24.6M | 75x | |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02578 | +0.233% | $4.4M | $6.1M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02575 | +0.117% | $108K | $3K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02580 | +0.311% | $1.0M | $926K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02581 | +0.350% | $2.7M | $1.8M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02573 | +0.020% | $773K | $405K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02576 | +0.140% | $47K | $242K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02587 | +0.601% | $582K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02576 | +0.156% | $69K | $482K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02578 | +0.233% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02582 | +0.398% | $52K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02578 | +0.233% | $39K | — | 3x | as long as short |
| BloFin MON-USDTlong | +0.0123% | 4h | 0.02572 | long leg | $1.4M | $241K | 75x | |
| Kraken Futures PF_MONUSD | +0.0132% | 1h | 0.02582 | +0.393% | $262K | $63K | 10x | as long as short |
| Backpack MON_USDC_PERP | +0.0213% | 1h | 0.02580 | +0.311% | $137K | $138K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0313% / S −0.1052% | 1h | 0.02581 | +0.350% | $13K | — | 50x | as long as short |
| KuCoin MONUSDTM | +0.0356% | 4h | 0.02584 | +0.467% | $3.1M | $790K | 75x | as long as short |
| Aftermath Perps MONUSD | +0.0412% | 1h | 0.02584 | +0.476% | $2K | $73K | 10x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02579 | +0.284% | $145K | $1.8M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0648% | 1h | 0.02625 | +2.072% | $115K | $51K | 50x | as long as short |
Aster MONUSDT
dYdX MON-USD
Pacifica MON
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
Kraken Futures PF_MONUSD
Backpack MON_USDC_PERP
GMX MON/USD [ETH-USDC]
KuCoin MONUSDTM
Aftermath Perps MONUSD
Perpl MON
Coinbase International MON-PERP-INTX