Funding you earn now, next payment 08:00 UTC−0.0018%/8h= −1.9% APRnext payment −$0.09 per $10,000 · paid last 24h −0.072%
Price spread now: Orderly against KuCoin+0.040%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.058%−$6 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Orderly is 0.040% dearer against KuCoin than usual: you sell high and buy low (spread +0.040% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MONUSDTM | 0.02498 | 0.0100 | pay 0.0050% / 4h | 2h 56m | $2.9M | $762K | 75x |
| Short | Orderly PERP_MON_USDC | 0.02499 | 0.0082 | get 0.0041% / 4h | 2h 56m | $16K | $48K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$3.74
- Price spread: +0.040% → 0.000%
- $4
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$17.73
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 6 min ago; Orderly: no order-book sample. 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 KuCoin live order book, 6 min ago | 4.00 bp | 23.8 bp −$24 | 926.7 bp −$9,267 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack MON_USDC_PERP | −0.0025% | 1h | 0.02500 | +0.072% | $110K | $153K | 10x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02497 | −0.044% | $12K | $355K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02500 | +0.080% | $73K | $136K | 25x | as long as short |
| Bybit MONUSDT | +0.0013% | 8h | 0.02496 | −0.080% | $20.5M | $13.5M | 50x | as long as short |
| Injective MON/USDC PERP | +0.0039% | 1h | 0.02515 | +0.681% | $5K | $110 | 5.5x | as long as short |
| Orderly PERP_MON_USDCshort | +0.0082% | 4h | 0.02499 | +0.040% | $16K | $48K | 10x | |
| Lighter MON | +0.0096% | 1h | 0.02501 | +0.120% | $839K | $732K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0100% | 8h | 0.02495 | −0.119% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02497 | −0.028% | $405K | $587K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02500 | +0.084% | $33.6M | $7.5M | 5x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster MONUSDT | +0.0100% | 4h | 0.02498 | +0.001% | $100K | $218K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02497 | −0.023% | $12K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02497 | −0.040% | $138K | $92K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02498 | +0.001% | $23.8M | $27.0M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02500 | +0.080% | $4.2M | $6.1M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02500 | +0.080% | $103K | $1K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02498 | 0.000% | $934K | $985K | 50x | as long as short |
| KuCoin MONUSDTMlong | +0.0100% | 4h | 0.02498 | long leg | $2.9M | $762K | 75x | |
| Bitget MONUSDT | +0.0100% | 4h | 0.02500 | +0.080% | $2.7M | $2.2M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02492 | −0.258% | $739K | $403K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02493 | −0.200% | $41K | $251K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02497 | −0.049% | $562K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02492 | −0.240% | $68K | $523K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02499 | +0.040% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02500 | +0.073% | $48K | $285K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02499 | +0.040% | $38K | — | 3x | as long as short |
| 01 Exchange MONUSD | +0.0136% | 1h | 0.02497 | −0.048% | $6K | $1K | 5x | as long as short |
| Aftermath Perps MONUSD | +0.0248% | 1h | 0.02498 | −0.018% | $2K | $78K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02498 | 0.000% | $9K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02492 | −0.240% | $1.3M | $337K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02497 | −0.036% | $114K | $2.2M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0456% | 1h | 0.02530 | +1.281% | $110K | $55K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.1017% | 1h | 0.02503 | +0.185% | $269K | $112K | 10x | as long as short |
KuCoin MONUSDTM
Backpack MON_USDC_PERP
Phoenix MON
Deribit MON_USDC-PERPETUAL
Bybit MONUSDT
Injective MON/USDC PERP
Lighter MON
Paradex MON-USD-PERP
Hyperliquid MON
Aster MONUSDT
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
01 Exchange MONUSD
Aftermath Perps MONUSD
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD