Funding you earn now, next payment 08:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.035%
Price spread now: Gate against BloFin−0.198%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$830.831% of the position
Funding, last 7 days−0.193%−$19 on $10k
+Price spread, last 4 days (all we have)−0.045%−$5 · spread now −0.198%, 7d avg −0.020%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Gate is 0.178% cheaper against BloFin than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.020%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MON-USDT | 0.02520 | 0.0340 | pay 0.0170% / 4h | 3h 13m | $1.3M | $340K | 75x |
| Short | Gate MON_USDT | 0.02515 | 0.0100 | get 0.0050% / 4h | 3h 13m | $939K | $989K | 50x |
BloFin MON-USDT
Gate MON_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$50.4
- Price spread: −0.198% → −0.020%
- −$17.84
- Slippage, 4 orders
- −$56.07
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$151.31
- Costs to cover
- 0.831%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 9 min ago; Gate: live order book, 39 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, 9 min ago | 7.98 bp | 22.8 bp −$23 | 44.3 bp −$443 | 177.6 bp −$17.8K | doesn't fit |
| Sell Gate live order book, 39 min ago | 3.95 bp | 20.9 bp −$21 | 357.0 bp −$3,570 | 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 | −0.0203% | 1h | 0.02515 | −0.198% | $5K | $114 | 5.5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02514 | −0.226% | $12K | $358K | 5x | as long as short |
| Bybit MONUSDT | +0.0007% | 8h | 0.02514 | −0.238% | $20.7M | $13.5M | 50x | as long as short |
| Backpack MON_USDC_PERP | +0.0050% | 1h | 0.02517 | −0.123% | $111K | $152K | 10x | as long as short |
| Orderly PERP_MON_USDC | +0.0077% | 4h | 0.02516 | −0.159% | $16K | $48K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02518 | −0.079% | $844K | $732K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0100% | 8h | 0.02515 | −0.210% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02519 | −0.047% | $408K | $585K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02517 | −0.099% | $33.9M | $7.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02516 | −0.147% | $101K | $222K | 10x | as long as short |
Injective MON/USDC PERP
Phoenix MON
Bybit MONUSDT
Backpack MON_USDC_PERP
Orderly PERP_MON_USDC
Lighter MON
Paradex MON-USD-PERP
Nado MON-PERP
Hyperliquid MON
Aster MONUSDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX MON-USD | +0.0100% | 1h | 0.02517 | −0.129% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02517 | −0.127% | $139K | $93K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02516 | −0.159% | $23.9M | $27.0M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02517 | −0.119% | $4.2M | $6.1M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02511 | −0.358% | $103K | $1K | 10x | as long as short |
| Gate MON_USDTshort | +0.0100% | 4h | 0.02515 | −0.198% | $939K | $989K | 50x | |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02520 | 0.000% | $2.9M | $765K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02518 | −0.079% | $2.7M | $2.2M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02516 | −0.156% | $746K | $408K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02517 | −0.107% | $41K | $252K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02517 | −0.119% | $567K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02519 | −0.040% | $68K | $522K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02516 | −0.159% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02517 | −0.107% | $50K | $401K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02516 | −0.179% | $38K | — | 3x | as long as short |
| Deribit MON_USDC-PERPETUAL | +0.0187% | 1h | 0.02517 | −0.135% | $74K | $136K | 25x | as long as short |
| 01 Exchange MONUSD | +0.0216% | 1h | 0.02518 | −0.075% | $6K | $1K | 5x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02515 | −0.194% | $9K | — | 50x | as long as short |
| Aftermath Perps MONUSD | +0.0338% | 1h | 0.02516 | −0.155% | $3K | $77K | 10x | as long as short |
| BloFin MON-USDTlong | +0.0340% | 4h | 0.02520 | long leg | $1.3M | $340K | 75x | |
| Coinbase International MON-PERP-INTX | +0.0368% | 1h | 0.02530 | +0.397% | $110K | $57K | 50x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02517 | −0.115% | $114K | $2.2M | 10x | as long as short |
| Kraken Futures PF_MONUSD | +0.0724% | 1h | 0.02518 | −0.080% | $270K | $113K | 10x | as long as short |
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
KuCoin MONUSDTM
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
Deribit MON_USDC-PERPETUAL
01 Exchange MONUSD
GMX MON/USD [ETH-USDC]
Aftermath Perps MONUSD
Coinbase International MON-PERP-INTX
Perpl MON
Kraken Futures PF_MONUSD