MON

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0252%/8h= −27.6% APRnext payment −$1.26 per $10,000 · paid last 24h −0.057%

Price spread now: edgeX against KuCoin−0.383%7-day average −0.116% · you buy dearer than you sell

Net, funding: paid 7d − costs−$133as in the Funding arb table

Net, price: spread back to 7d avg − costs−$163as in the Price arb table

costs, in and out, $10k−$1361.360% of the position

Long on KuCoin Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.034%+$3 on $10k

Price spread, last 3 days (all we have)+0.520%+$52 · spread now −0.383%, 7d avg −0.116%

Together, before fees+0.554%+ Points / potential airdropedgeX: Active · farm board+$55 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and edgeX is 0.267% cheaper against KuCoin than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of −0.116%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.034% in total (about 1.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.26 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	0.02602	0.0352	pay 0.0176% / 4h	2h 25m	$3.2M	$745K	75x
Short	edgeX MONUSDC	0.02592	0.0100	get 0.0050% / 4h	2h 25m	$48K	$242K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.383%Rate

Funding earned: −$52.92
Price spread: −0.383% → −0.116%: −$26.71
Slippage, 4 orders: −$114.95
Fee KuCoin: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$215.59
Costs to cover: 1.360%
Break-even: never at this rate

Slippage from KuCoin: live order book, 2 min ago; edgeX: live order book, 62 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, 2 min ago	13.45 bp	57.6 bp −$58	714.3 bp −$7,143	doesn't fit	doesn't fit
Sell edgeX live order book, 62 min ago	11.63 bp	23.3 bp −$23	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
Injective MON/USDC PERP	−0.0739%	1h	0.02596	−0.231%	$6K	$109	5.5x	as long as short
01 Exchange MONUSD	−0.0248%	1h	0.02597	−0.177%	$6K	$1K	5x	as long as short
Bybit MONUSDT	−0.0004%	8h	0.02594	−0.304%	$21.6M	$11.8M	50x	as long as short
Phoenix MON	0.0000%	1h	0.02594	−0.304%	$13K	$384K	5x	as long as short
Deribit MON_USDC-PERPETUAL	0.0000%	1h	0.02598	−0.173%	$63K	$110K	25x	as long as short
BloFin MON-USDT	+0.0083%	4h	0.02597	−0.192%	$1.4M	$245K	75x	as long as short
Orderly PERP_MON_USDC	+0.0091%	4h	0.02595	−0.269%	$17K	$64K	10x	as long as short
Paradex MON-USD-PERP	+0.0095%	8h	0.02595	−0.253%	$8K	$42	5x	as long as short
Lighter MON	+0.0096%	1h	0.02597	−0.192%	$851K	$753K	10x	as long as short
Nado MON-PERP	+0.0100%	1h	0.02599	−0.131%	$374K	$527K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid MON	+0.0100%	1h	0.02599	−0.123%	$35.0M	$7.5M	5x	as long as short
Aster MONUSDT	+0.0100%	4h	0.02597	−0.197%	$108K	$233K	10x	as long as short
dYdX MON-USD	+0.0100%	1h	0.02597	−0.186%	$13K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02597	−0.192%	$143K	$106K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02596	−0.231%	$24.6M	$24.6M	75x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02594	−0.307%	$4.4M	$6.0M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02600	−0.077%	$109K	$3K	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02598	−0.154%	$1.0M	$934K	50x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02598	−0.154%	$2.8M	$1.8M	25x	as long as short
Variational Omni MON	+0.0100%	8h	0.02596	−0.234%	$777K	$407K	—	as long as short
edgeX MONUSDCshort	+0.0100%	4h	0.02592	−0.383%	$48K	$242K	10x
GRVT MON_USDT_Perp	+0.0100%	4h	0.02594	−0.289%	$584K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02594	−0.307%	$69K	$480K	50x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02596	−0.231%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02598	−0.150%	$52K	$407K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02595	−0.269%	$39K	—	3x	as long as short
Kraken Futures PF_MONUSD	+0.0131%	1h	0.02602	−0.015%	$268K	$67K	10x	as long as short
Aftermath Perps MONUSD	+0.0198%	1h	0.02595	−0.271%	$2K	$73K	10x	as long as short
GMX MON/USD [ETH-USDC]	L +0.0261% / S −0.0598%	1h	0.02597	−0.177%	$9K	—	50x	as long as short
Backpack MON_USDC_PERP	+0.0276%	1h	0.02597	−0.177%	$137K	$136K	10x	as long as short
KuCoin MONUSDTMlong	+0.0352%	4h	0.02602	long leg	$3.2M	$745K	75x
Perpl MON	+0.0447%	43m	0.02596	−0.234%	$145K	$1.8M	10x	as long as short
Coinbase International MON-PERP-INTX	+0.0648%	1h	0.02600	−0.092%	$114K	$49K	50x	as long as short