MON

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0040%/8h= −4.3% APRnext payment −$0.20 per $10,000 · paid last 24h −0.033%

Price spread now: GRVT against BloFin−0.039%7-day average +0.034% · you buy dearer than you sell

Net, funding: paid 7d − costs−$112as in the Funding arb table

Net, price: spread back to 7d avg − costs−$100as in the Price arb table

costs, in and out, $10k−$930.929% of the position

Long on BloFin Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.187%−$19 on $10k

Price spread, last 3 days (all we have)−0.225%−$23 · spread now −0.039%, 7d avg +0.034%

Together, before fees−0.412%+ Points / potential airdropGRVT: Active · farm board−$41 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and GRVT is 0.073% cheaper against BloFin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.034%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin MON-USDT	0.02586	0.0140	pay 0.0070% / 4h	2h 44m	$1.4M	$243K	75x
Short	GRVT MON_USDT_Perp	0.02585	0.0100	get 0.0050% / 4h	2h 44m	$581K	$1.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against BloFin. 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 BloFinbpFee GRVTbpOrdersPrice spread, now −0.039%Rate

Funding earned: −$8.31
Price spread: −0.039% → +0.034%: −$7.29
Slippage, 4 orders: −$71.91
Fee BloFin: 6 bp × 2 orders: −$12
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$108.51
Costs to cover: 0.929%
Break-even: never at this rate

Slippage from BloFin: live order book, 4 min ago; GRVT: live order book, 4 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, 4 min ago	5.80 bp	16.9 bp −$17	31.6 bp −$316	131.4 bp −$13.1K	doesn't fit
Sell GRVT live order book, 4 min ago	5.80 bp	40.0 bp −$40	216.1 bp −$2,161	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	+0.039%	$6K	$107	5.5x	as long as short
Deribit MON_USDC-PERPETUAL	−0.0137%	1h	0.02585	−0.035%	$63K	$110K	25x	as long as short
01 Exchange MONUSD	−0.0128%	1h	0.02581	−0.193%	$6K	$1K	5x	as long as short
Phoenix MON	0.0000%	1h	0.02587	+0.027%	$13K	$384K	5x	as long as short
Bybit MONUSDT	+0.0013%	8h	0.02584	−0.081%	$21.6M	$11.8M	50x	as long as short
Orderly PERP_MON_USDC	+0.0092%	4h	0.02584	−0.077%	$17K	$64K	10x	as long as short
Lighter MON	+0.0096%	1h	0.02586	0.000%	$847K	$753K	10x	as long as short
Paradex MON-USD-PERP	+0.0099%	8h	0.02582	−0.163%	$8K	$42	5x	as long as short
Nado MON-PERP	+0.0100%	1h	0.02585	−0.037%	$349K	$534K	10x	as long as short
Hyperliquid MON	+0.0100%	1h	0.02586	+0.015%	$34.9M	$7.5M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster MONUSDT	+0.0100%	4h	0.02585	−0.028%	$108K	$233K	10x	as long as short
dYdX MON-USD	+0.0100%	1h	0.02587	+0.046%	$13K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02583	−0.116%	$143K	$107K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02586	0.000%	$24.6M	$24.5M	75x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02583	−0.116%	$4.4M	$6.0M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02575	−0.425%	$108K	$3K	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02585	−0.039%	$1.0M	$929K	50x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02586	0.000%	$2.7M	$1.8M	25x	as long as short
Variational Omni MON	+0.0100%	8h	0.02584	−0.096%	$776K	$405K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02585	−0.055%	$47K	$243K	10x	as long as short
GRVT MON_USDT_Perpshort	+0.0100%	4h	0.02585	−0.039%	$581K	$1.5M	10x
ApeX Omni MONUSDT	+0.0100%	1h	0.02585	−0.039%	$69K	$484K	50x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02584	−0.077%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02585	−0.055%	$52K	$407K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02583	−0.104%	$39K	—	3x	as long as short
Kraken Futures PF_MONUSD	+0.0132%	1h	0.02588	+0.064%	$263K	$63K	10x	as long as short
BloFin MON-USDTlong	+0.0140%	4h	0.02586	long leg	$1.4M	$243K	75x
Backpack MON_USDC_PERP	+0.0260%	1h	0.02585	−0.046%	$137K	$137K	10x	as long as short
GMX MON/USD [ETH-USDC]	L +0.0261% / S −0.0598%	1h	0.02584	−0.058%	$9K	—	50x	as long as short
KuCoin MONUSDTM	+0.0354%	4h	0.02591	+0.193%	$3.2M	$789K	75x	as long as short
Aftermath Perps MONUSD	+0.0359%	1h	0.02584	−0.097%	$2K	$73K	10x	as long as short
Perpl MON	+0.0447%	43m	0.02583	−0.112%	$145K	$1.8M	10x	as long as short
Coinbase International MON-PERP-INTX	+0.0648%	1h	0.02595	+0.367%	$114K	$51K	50x	as long as short