Funding you earn now, next payment 03:00 UTC−0.0308%/8h= −33.7% APRnext payment −$0.38 per $10,000 · paid last 24h −0.217%
Price spread now: Pacifica against Coinbase International−0.513%7-day average −0.505% · you buy dearer than you sell
Net, funding: paid 7d − costs−$195as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1021.020% of the position
Funding, last 7 days−0.930%−$93 on $10k
+Price spread, last 4 days (all we have)−0.161%−$16 · spread now −0.513%, 7d avg −0.505%
=Together, before fees−1.091%+ Points / potential airdropPacifica: Active · farm board−$109 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.505%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International MON-PERP-INTX | 0.02534 | 0.0408 | pay 0.0051% / 1h | 54m 33s | $112K | $56K | 50x |
| Short | Pacifica MON | 0.02521 | 0.0100 | get 0.0013% / 1h | 54m 33s | $140K | $92K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Coinbase International. 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
- −$64.68
- Price spread: −0.513% → −0.505%
- −$0.78
- Slippage, 4 orders
- −$84
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$167.46
- Costs to cover
- 1.020%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 3 min ago; Pacifica: live order book, 3 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 Coinbase International live order book, 3 min ago | 19.71 bp | 24.7 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 3 min ago | 5.97 bp | 36.7 bp −$37 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix MON | −0.0316% | 1h | 0.02517 | −0.671% | $12K | $359K | 5x | as long as short |
| Backpack MON_USDC_PERP | −0.0298% | 1h | 0.02520 | −0.549% | $111K | $151K | 10x | as long as short |
| 01 Exchange MONUSD | −0.0208% | 1h | 0.02517 | −0.651% | $6K | $1K | 5x | as long as short |
| Injective MON/USDC PERP | −0.0176% | 1h | 0.02517 | −0.671% | $5K | $109 | 5.5x | as long as short |
| Deribit MON_USDC-PERPETUAL | −0.0147% | 1h | 0.02519 | −0.600% | $68K | $126K | 25x | as long as short |
| Bybit MONUSDT | −0.0136% | 8h | 0.02517 | −0.663% | $20.7M | $13.2M | 50x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02519 | −0.580% | $108K | $2.3M | 10x | as long as short |
| Orderly PERP_MON_USDC | +0.0082% | 4h | 0.02519 | −0.592% | $16K | $41K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02521 | −0.513% | $840K | $735K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0099% | 8h | 0.02518 | −0.645% | $8K | $42 | 5x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado MON-PERP | +0.0100% | 1h | 0.02522 | −0.486% | $411K | $543K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02521 | −0.517% | $34.1M | $7.4M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02522 | −0.489% | $101K | $222K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02521 | −0.531% | $13K | — | 5x | as long as short |
| Pacifica MONshort | +0.0100% | 1h | 0.02521 | −0.513% | $140K | $92K | 3x | |
| Binance MONUSDT | +0.0100% | 4h | 0.02518 | −0.642% | $23.9M | $26.6M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02517 | −0.671% | $4.2M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02515 | −0.762% | $103K | $5K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02520 | −0.552% | $953K | $968K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02522 | −0.474% | $2.8M | $746K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02521 | −0.513% | $2.7M | $2.1M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02521 | −0.510% | $748K | $405K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02511 | −0.894% | $41K | $249K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02519 | −0.612% | $563K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02517 | −0.671% | $68K | $505K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02517 | −0.671% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02521 | −0.509% | $52K | $517K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02519 | −0.584% | $38K | — | 3x | as long as short |
| Aftermath Perps MONUSD | +0.0257% | 1h | 0.02520 | −0.535% | $2K | $74K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02519 | −0.572% | $9K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02518 | −0.631% | $1.3M | $326K | 75x | as long as short |
| Coinbase International MON-PERP-INTXlong | +0.0408% | 1h | 0.02534 | long leg | $112K | $56K | 50x | |
| Kraken Futures PF_MONUSD | +0.0540% | 1h | 0.02521 | −0.499% | $268K | $113K | 10x | as long as short |
Coinbase International MON-PERP-INTX
Pacifica MON
Phoenix MON
Backpack MON_USDC_PERP
01 Exchange MONUSD
Injective MON/USDC PERP
Deribit MON_USDC-PERPETUAL
Bybit MONUSDT
Lighter MON
Paradex MON-USD-PERP
Hyperliquid MON
Aster MONUSDT
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aftermath Perps MONUSD
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Kraken Futures PF_MONUSD