Funding you earn now, next payment 00:00 UTC+0.0146%/8h= +16.0% APRnext payment +$0.73 per $10,000 · paid last 24h +0.057%
Price spread now: KuCoin against Gate+0.117%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1491.492% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 7 days−0.197%−$20 · spread now +0.117%, 7d avg +0.034%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and KuCoin is 0.082% dearer against Gate than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.034%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MON_USDT | 0.02574 | 0.0100 | pay 0.0050% / 4h | 58m 03s | $993K | $866K | 50x |
| Short | KuCoin MONUSDTM | 0.02577 | 0.0246 | get 0.0123% / 4h | 58m 03s | $3.0M | $710K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. 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
- $30.66
- Price spread: +0.117% → +0.034%
- $8.21
- Slippage, 4 orders
- −$122.16
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$110.29
- Costs to cover
- 1.492%
- Break-even
- 32.2 days
Slippage from Gate: live order book, 19 min ago; KuCoin: live order book, 9 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 Gate live order book, 19 min ago | 7.76 bp | 21.1 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 11.72 bp | 58.4 bp −$58 | 471.1 bp −$4,711 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack MON_USDC_PERP | −0.0134% | 1h | 0.02573 | −0.043% | $128K | $141K | 10x | as long as short |
| Injective MON/USDC PERP | −0.0121% | 1h | 0.02575 | +0.039% | $6K | $103 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0072% | 8h | 0.02568 | −0.218% | $21.3M | $11.9M | 50x | as long as short |
| 01 Exchange MONUSD | −0.0024% | 1h | 0.02575 | +0.039% | $6K | $1K | 5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02560 | −0.559% | $13K | $353K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02576 | +0.085% | $128K | $1.8M | 10x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02575 | +0.023% | $70K | $119K | 25x | as long as short |
| Aftermath Perps MONUSD | +0.0029% | 1h | 0.02565 | −0.348% | $2K | $74K | 10x | as long as short |
| Orderly PERP_MON_USDC | +0.0066% | 4h | 0.02573 | −0.039% | $17K | $64K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0090% | 8h | 0.02574 | −0.009% | $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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter MON | +0.0096% | 1h | 0.02574 | 0.000% | $859K | $764K | 10x | as long as short |
| Variational Omni MON | +0.0099% | 8h | 0.02554 | −0.771% | $772K | $408K | — | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02577 | +0.112% | $392K | $544K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02574 | +0.012% | $34.8M | $7.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02576 | +0.070% | $108K | $231K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02573 | −0.034% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02572 | −0.078% | $142K | $105K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02572 | −0.092% | $24.5M | $25.0M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02568 | −0.233% | $4.3M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02555 | −0.738% | $107K | $3K | 10x | as long as short |
| Gate MON_USDTlong | +0.0100% | 4h | 0.02574 | long leg | $993K | $866K | 50x | |
| Bitget MONUSDT | +0.0100% | 4h | 0.02573 | −0.039% | $2.7M | $1.8M | 25x | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02560 | −0.551% | $47K | $244K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02558 | −0.608% | $574K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02560 | −0.544% | $68K | $483K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02573 | −0.039% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02572 | −0.064% | $51K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02583 | +0.346% | $39K | — | 3x | as long as short |
| KuCoin MONUSDTMshort | +0.0246% | 4h | 0.02577 | +0.117% | $3.0M | $710K | 75x | |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0598% | 1h | 0.02574 | +0.016% | $9K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02563 | −0.427% | $1.3M | $306K | 75x | as long as short |
| Kraken Futures PF_MONUSD | +0.0419% | 1h | 0.02576 | +0.095% | $271K | $78K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0480% | 1h | 0.02579 | +0.202% | $114K | $50K | 50x | as long as short |
Gate MON_USDT
KuCoin MONUSDTM
Backpack MON_USDC_PERP
Injective MON/USDC PERP
Bybit MONUSDT
01 Exchange MONUSD
Phoenix MON
Deribit MON_USDC-PERPETUAL
Aftermath Perps MONUSD
Paradex MON-USD-PERP
Lighter MON
Variational Omni MON
Hyperliquid MON
Aster MONUSDT
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Bitget MONUSDT
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Kraken Futures PF_MONUSD
Coinbase International MON-PERP-INTX