MON

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0244%/8h= −26.7% APRnext payment −$1.22 per $10,000 · paid last 24h −0.057%

Price spread now: Bitget against KuCoin−0.077%7-day average −0.046% · you buy dearer than you sell

Net, funding: paid 7d − costs−$128as in the Funding arb table

Net, price: spread back to 7d avg − costs−$131as in the Price arb table

costs, in and out, $10k−$1281.276% of the position

Long on KuCoin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.003%$0 on $10k

Price spread, last 7 days+0.187%+$19 · spread now −0.077%, 7d avg −0.046%

Together, before fees+0.184%+$18 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bitget is 0.031% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.046%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.003% in total (about -0.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.22 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MONUSDTM	0.02599	0.0344	pay 0.0172% / 4h	2h 37m	$3.2M	$747K	75x
Short	Bitget MONUSDT	0.02597	0.0100	get 0.0050% / 4h	2h 37m	$2.8M	$1.8M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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 KuCoinbpFee BitgetbpOrdersPrice spread, now −0.077%Rate

Funding earned: −$51.24
Price spread: −0.077% → −0.046%: −$3.1
Slippage, 4 orders: −$103.61
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$181.95
Costs to cover: 1.276%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; Bitget: 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 KuCoin live order book, 5 min ago	13.49 bp	45.6 bp −$46	636.4 bp −$6,364	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	3.86 bp	27.2 bp −$27	74.8 bp −$748	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	−0.462%	$6K	$107	5.5x	as long as short
01 Exchange MONUSD	−0.0232%	1h	0.02587	−0.454%	$6K	$1K	5x	as long as short
Deribit MON_USDC-PERPETUAL	−0.0213%	1h	0.02591	−0.319%	$63K	$110K	25x	as long as short
Phoenix MON	0.0000%	1h	0.02587	−0.454%	$13K	$384K	5x	as long as short
Bybit MONUSDT	+0.0005%	8h	0.02591	−0.300%	$21.6M	$11.8M	50x	as long as short
Orderly PERP_MON_USDC	+0.0092%	4h	0.02589	−0.385%	$17K	$64K	10x	as long as short
Paradex MON-USD-PERP	+0.0095%	8h	0.02595	−0.165%	$8K	$42	5x	as long as short
Lighter MON	+0.0096%	1h	0.02597	−0.077%	$851K	$753K	10x	as long as short
Hyperliquid MON	+0.0100%	1h	0.02597	−0.088%	$35.0M	$7.5M	5x	as long as short
Aster MONUSDT	+0.0100%	4h	0.02591	−0.302%	$108K	$233K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX MON-USD	+0.0100%	1h	0.02597	−0.060%	$13K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02594	−0.185%	$143K	$107K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02594	−0.192%	$24.6M	$24.6M	75x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02592	−0.269%	$4.4M	$6.0M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02581	−0.700%	$108K	$3K	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02593	−0.231%	$1.0M	$929K	50x	as long as short
Bitget MONUSDTshort	+0.0100%	4h	0.02597	−0.077%	$2.8M	$1.8M	25x
Variational Omni MON	+0.0100%	8h	0.02584	−0.596%	$777K	$405K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02585	−0.525%	$47K	$242K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02588	−0.422%	$581K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02587	−0.462%	$69K	$482K	50x	as long as short
Nado MON-PERP	+0.0100%	1h	0.02591	−0.327%	$363K	$540K	10x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02588	−0.423%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02596	−0.096%	$52K	$407K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02590	−0.366%	$39K	—	3x	as long as short
Kraken Futures PF_MONUSD	+0.0131%	1h	0.02591	−0.324%	$263K	$63K	10x	as long as short
BloFin MON-USDT	+0.0142%	4h	0.02582	−0.654%	$1.4M	$242K	75x	as long as short
Backpack MON_USDC_PERP	+0.0243%	1h	0.02591	−0.296%	$137K	$137K	10x	as long as short
GMX MON/USD [ETH-USDC]	L +0.0261% / S −0.0598%	1h	0.02591	−0.296%	$9K	—	50x	as long as short
Aftermath Perps MONUSD	+0.0300%	1h	0.02587	−0.459%	$2K	$73K	10x	as long as short
KuCoin MONUSDTMlong	+0.0344%	4h	0.02599	long leg	$3.2M	$747K	75x
Perpl MON	+0.0447%	43m	0.02590	−0.366%	$145K	$1.8M	10x	as long as short
Coinbase International MON-PERP-INTX	+0.0648%	1h	0.02595	−0.135%	$114K	$51K	50x	as long as short