Funding you earn now, next payment 12:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h −0.008%
Price spread now: BloFin against KuCoin−0.080%7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1351.349% of the position
Funding, last 7 days+0.147%+$15 on $10k
+Price spread, last 4 days (all we have)+0.214%+$21 · spread now −0.080%, 7d avg −0.067%
=The price spread sits at its 7-day average of −0.067%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.147% in total (about 7.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.20 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 | 0.02512 | 0.0100 | pay 0.0050% / 4h | 3h 53m | $2.9M | $766K | 75x |
| Short | BloFin MON-USDT | 0.02510 | 0.0340 | get 0.0170% / 4h | 3h 53m | $1.3M | $334K | 75x |
KuCoin MONUSDTM
BloFin MON-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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
- $50.4
- Price spread: −0.080% → −0.067%
- −$1.27
- Slippage, 4 orders
- −$110.91
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$85.78
- Costs to cover
- 1.349%
- Break-even
- 18.9 days
Slippage from KuCoin: live order book, 4 min ago; BloFin: live order book, 4 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, 4 min ago | 15.87 bp | 33.4 bp −$33 | 871.0 bp −$8,710 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 1.99 bp | 18.0 bp −$18 | 41.3 bp −$413 | 177.7 bp −$17.8K | 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 | −0.0327% | 1h | 0.02510 | −0.060% | $109K | $157K | 10x | as long as short |
| Injective MON/USDC PERP | −0.0089% | 1h | 0.02505 | −0.279% | $5K | $108 | 5.5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02506 | −0.231% | $13K | $346K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | +0.0029% | 1h | 0.02512 | −0.012% | $73K | $137K | 25x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02512 | 0.000% | $807K | $765K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0100% | 8h | 0.02508 | −0.146% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02513 | +0.060% | $394K | $573K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02512 | −0.004% | $33.9M | $7.8M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02510 | −0.096% | $99K | $213K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02507 | −0.196% | $13K | — | 5x | as long as short |
Backpack MON_USDC_PERP
Injective MON/USDC PERP
Phoenix MON
Deribit MON_USDC-PERPETUAL
Lighter MON
Paradex MON-USD-PERP
Nado MON-PERP
Hyperliquid MON
Aster MONUSDT
dYdX MON-USDShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica MON | +0.0100% | 1h | 0.02511 | −0.044% | $139K | $91K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02509 | −0.106% | $23.9M | $27.6M | 75x | as long as short |
| Bybit MONUSDT | +0.0100% | 8h | 0.02507 | −0.191% | $20.9M | $13.9M | 50x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02508 | −0.159% | $4.2M | $6.2M | 50x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02510 | −0.080% | $939K | $1.0M | 50x | as long as short |
| KuCoin MONUSDTMlong | +0.0100% | 4h | 0.02512 | long leg | $2.9M | $766K | 75x | |
| Bitget MONUSDT | +0.0100% | 4h | 0.02512 | 0.000% | $2.7M | $2.3M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02508 | −0.156% | $745K | $408K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02504 | −0.330% | $41K | $250K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02509 | −0.119% | $559K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02507 | −0.199% | $68K | $543K | 50x | as long as short |
| Orderly PERP_MON_USDC | +0.0100% | 4h | 0.02510 | −0.080% | $16K | $42K | 10x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02511 | −0.040% | $5K | $6K | 5x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02505 | −0.279% | $103K | −$0 | 10x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02511 | −0.033% | $60K | $328K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02510 | −0.060% | $38K | — | 3x | as long as short |
| 01 Exchange MONUSD | +0.0184% | 1h | 0.02511 | −0.032% | $6K | $3K | 5x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0231% / S −0.0246% | 1h | 0.02510 | −0.068% | $6K | — | 50x | as long as short |
| BloFin MON-USDTshort | +0.0340% | 4h | 0.02510 | −0.080% | $1.3M | $334K | 75x | |
| Perpl MON | +0.0447% | 43m | 0.02510 | −0.064% | $119K | $2.2M | 10x | as long as short |
| Aftermath Perps MONUSD | +0.0469% | 1h | 0.02509 | −0.120% | $5K | $103K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0744% | 1h | 0.02519 | +0.283% | $111K | $54K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0796% | 1h | 0.02514 | +0.076% | $270K | $118K | 10x | as long as short |
Pacifica MON
Binance MONUSDT
Bybit MONUSDT
OKX MON-USDT-SWAP
Gate MON_USDT
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
Orderly PERP_MON_USDC
SoDEX MON-USD
Bulk MON-USD
Extended MON-USD
Aevo MON-PERP
01 Exchange MONUSD
GMX MON/USD [ETH-USDC]
Perpl MON
Aftermath Perps MONUSD
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD