Funding you earn now, next payment 00:00 UTC+0.0205%/8h= +22.4% APRnext payment +$1.02 per $10,000 · paid last 24h +0.044%
Price spread now: KuCoin against BloFin+0.308%50s7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$147as 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−$1251.253% of the position
Funding, last 7 days−0.214%−$21 on $10k
+Price spread, last 3 days (all we have)−0.532%−$53 · spread now +0.308%, 7d avg +0.056%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and KuCoin is 0.252% dearer against BloFin than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of +0.056%. Mind the row above: over the last 7 days funding on this pair cost −0.214%, so the current rate has only just turned in your favour. The two prices were read 50 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 | 0.02597 | 0.0157 | pay 0.0079% / 4h | 2h 22m | $1.4M | $245K | 75x |
| Short | KuCoin MONUSDTM | 0.02605 | 0.0362 | get 0.0181% / 4h | 2h 22m | $3.2M | $746K | 75x |
BloFin MON-USDT
KuCoin MONUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $43.03
- Price spread: +0.308% → +0.056%
- $25.18
- Slippage, 4 orders
- −$101.25
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$57.04
- Costs to cover
- 1.253%
- Break-even
- 16.3 days
Slippage from BloFin: 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 BloFin live order book, 5 min ago | 5.79 bp | 19.4 bp −$19 | 34.5 bp −$345 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 13.45 bp | 31.6 bp −$32 | 416.5 bp −$4,165 | 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 | 0.02596 | −0.039% | $6K | $109 | 5.5x | as long as short |
| 01 Exchange MONUSD | −0.0232% | 1h | 0.02602 | +0.200% | $6K | $1K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | −0.0096% | 1h | 0.02598 | +0.054% | $63K | $110K | 25x | as long as short |
| Bybit MONUSDT | 0.0000% | 8h | 0.02602 | +0.193% | $21.7M | $11.8M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02594 | −0.112% | $13K | $384K | 5x | as long as short |
| Orderly PERP_MON_USDC | +0.0091% | 4h | 0.02602 | +0.193% | $17K | $64K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0095% | 8h | 0.02597 | +0.017% | $8K | $42 | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02601 | +0.154% | $854K | $758K | 10x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02605 | +0.289% | $374K | $527K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02604 | +0.285% | $35.1M | $7.4M | 5x | as long as short |
Injective MON/USDC PERP
01 Exchange MONUSD
Deribit MON_USDC-PERPETUAL
Bybit MONUSDT
Phoenix MON
Orderly PERP_MON_USDC
Paradex MON-USD-PERP
Lighter MON
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 | 0.02600 | +0.112% | $108K | $233K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02597 | +0.006% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02599 | +0.077% | $143K | $106K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02601 | +0.170% | $24.7M | $24.6M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02600 | +0.116% | $4.4M | $6.0M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02600 | +0.115% | $109K | $3K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02602 | +0.193% | $1.0M | $934K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02603 | +0.231% | $2.8M | $1.8M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02596 | −0.042% | $777K | $407K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02592 | −0.191% | $48K | $242K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02594 | −0.097% | $584K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02594 | −0.116% | $69K | $480K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02597 | 0.000% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02603 | +0.227% | $52K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02602 | +0.193% | $39K | — | 3x | as long as short |
| Kraken Futures PF_MONUSD | +0.0131% | 1h | 0.02602 | +0.174% | $268K | $67K | 10x | as long as short |
| BloFin MON-USDTlong | +0.0157% | 4h | 0.02597 | long leg | $1.4M | $245K | 75x | |
| Aftermath Perps MONUSD | +0.0186% | 1h | 0.02597 | −0.012% | $2K | $73K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0261% / S −0.0598% | 1h | 0.02603 | +0.250% | $9K | — | 50x | as long as short |
| Backpack MON_USDC_PERP | +0.0292% | 1h | 0.02599 | +0.081% | $138K | $136K | 10x | as long as short |
| KuCoin MONUSDTMshort | +0.0362% | 4h | 0.02605 | +0.308% | $3.2M | $746K | 75x | |
| Perpl MON | +0.0447% | 43m | 0.02602 | +0.200% | $146K | $1.8M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0648% | 1h | 0.02600 | +0.100% | $114K | $49K | 50x | as long as short |
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
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
Aftermath Perps MONUSD
GMX MON/USD [ETH-USDC]
Backpack MON_USDC_PERP
Perpl MON
Coinbase International MON-PERP-INTX