Funding you earn now, next payment 01:00 UTC+0.0079%/8h= +8.7% APRpaid last 24h −0.012%
Price spread now: BloFin against GMX−0.475%51s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. BloFin is 0.475% cheaper against GMX than usual: you would sell low and buy high (spread −0.475% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$48 on $10k: about 20 days of funding at the current rate (+$2 a day). The two prices were read 51 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 | GMX MON/USD [ETH-USDC] | 0.02589 | L +0.0261% / S −0.0598% | pay 0.0033% / 1h | 13m 38s | $9K | — | 50x |
| Short | BloFin MON-USDT | 0.02577 | 0.0340 | get 0.0170% / 4h | 3h 13m | $1.4M | $307K | 75x |
GMX MON/USD [ETH-USDC]
BloFin MON-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against GMX. 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
- $16.64
- Price spread: −0.475% → 0.000%
- −$47.5
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$54.86
- Costs to cover
- 0.240%
- Break-even
- 30.1 days
Slippage unknown: GMX: no order-book sample; BloFin: live order book, 4 min ago. Net counts fees only.
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 GMX no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 4 min ago | 5.84 bp | 18.6 bp −$19 | 38.3 bp −$383 | 142.4 bp −$14.2K | doesn't fit |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0444% | 1h | 0.02570 | −0.745% | $6K | $108 | 5.5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02563 | −1.020% | $13K | $351K | 5x | as long as short |
| 01 Exchange MONUSD | +0.0016% | 1h | 0.02585 | −0.170% | $6K | $1K | 5x | as long as short |
| Orderly PERP_MON_USDC | +0.0063% | 4h | 0.02590 | +0.027% | $17K | $59K | 10x | as long as short |
| Bybit MONUSDT | +0.0068% | 8h | 0.02590 | +0.027% | $21.5M | $12.1M | 50x | as long as short |
| Paradex MON-USD-PERP | +0.0091% | 8h | 0.02592 | +0.102% | $8K | $42 | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02592 | +0.104% | $863K | $755K | 10x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02591 | +0.054% | $398K | $525K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02594 | +0.182% | $35.2M | $7.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02594 | +0.196% | $108K | $231K | 10x | as long as short |
Injective MON/USDC PERP
Phoenix MON
01 Exchange MONUSD
Orderly PERP_MON_USDC
Bybit MONUSDT
Paradex MON-USD-PERP
Lighter MON
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 | 0.02591 | +0.075% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02592 | +0.104% | $143K | $103K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02592 | +0.095% | $24.8M | $25.3M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02590 | +0.027% | $4.3M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02560 | −1.115% | $106K | $4K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02594 | +0.182% | $976K | $924K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02599 | +0.375% | $2.8M | $1.9M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02598 | +0.344% | $131K | $141K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02572 | −0.684% | $773K | $411K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02570 | −0.761% | $44K | $248K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02572 | −0.672% | $575K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02573 | −0.630% | $69K | $488K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02596 | +0.259% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02597 | +0.295% | $50K | $517K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02593 | +0.124% | $39K | — | 3x | as long as short |
| KuCoin MONUSDTM | +0.0122% | 4h | 0.02591 | +0.066% | $3.0M | $727K | 75x | as long as short |
| Aftermath Perps MONUSD | +0.0204% | 1h | 0.02579 | −0.400% | $4K | $74K | 10x | as long as short |
| Deribit MON_USDC-PERPETUAL | +0.0213% | 1h | 0.02592 | +0.097% | $70K | $119K | 25x | as long as short |
| GMX MON/USD [ETH-USDC]long | L +0.0261% / S −0.0598% | 1h | 0.02589 | long leg | $9K | — | 50x | |
| BloFin MON-USDTshort | +0.0340% | 4h | 0.02577 | −0.475% | $1.4M | $307K | 75x | |
| Perpl MON | +0.0447% | 43m | 0.02588 | −0.035% | $123K | $2.1M | 10x | as long as short |
| Kraken Futures PF_MONUSD | +0.0459% | 1h | 0.02601 | +0.462% | $273K | $78K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0808% | 1h | 0.02587 | −0.070% | $113K | $51K | 50x | as long as short |
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
Bitget MONUSDT
Backpack MON_USDC_PERP
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
KuCoin MONUSDTM
Aftermath Perps MONUSD
Deribit MON_USDC-PERPETUAL
Perpl MON
Kraken Futures PF_MONUSD
Coinbase International MON-PERP-INTX