Funding you earn now, next payment 00:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.013%
Price spread now: BloFin against OKX+0.039%53s7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$780.781% of the position
Funding, last 7 days+0.222%+$22 on $10k
+Price spread, last 3 days (all we have)+0.259%+$26 · spread now +0.039%, 7d avg +0.072%
=Funding pays, the price is against you. BloFin is 0.034% cheaper against OKX than usual: you would sell low and buy high (spread +0.039% now, against its 7-day average of +0.072%). If the spread goes back, that is −$3 on $10k: about 11 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.222% in total) that is about 26 hours. The two prices were read 53 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 | OKX MON-USDT-SWAP | 0.02587 | 0.0100 | pay 0.0050% / 4h | 1h 38m | $4.4M | $5.9M | 50x |
| Short | BloFin MON-USDT | 0.02588 | 0.0340 | get 0.0170% / 4h | 1h 38m | $1.4M | $294K | 75x |
OKX MON-USDT-SWAP
BloFin MON-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. 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: +0.039% → +0.072%
- −$3.38
- Slippage, 4 orders
- −$56.14
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$31.12
- Costs to cover
- 0.781%
- Break-even
- 11.3 days
Slippage from OKX: live order book, 5 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 OKX live order book, 5 min ago | 3.86 bp | 16.4 bp −$16 | 82.1 bp −$821 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 5.79 bp | 20.6 bp −$21 | 51.1 bp −$511 | 179.4 bp −$17.9K | 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 | −0.0053% | 1h | 0.02582 | −0.193% | $6K | $107 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0039% | 8h | 0.02586 | −0.039% | $21.5M | $11.7M | 50x | as long as short |
| Deribit MON_USDC-PERPETUAL | −0.0020% | 1h | 0.02589 | +0.085% | $70K | $119K | 25x | as long as short |
| 01 Exchange MONUSD | −0.0008% | 1h | 0.02589 | +0.093% | $6K | $1K | 5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02590 | +0.124% | $13K | $362K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02590 | +0.112% | $144K | $1.8M | 10x | as long as short |
| Aftermath Perps MONUSD | +0.0029% | 1h | 0.02590 | +0.103% | $2K | $74K | 10x | as long as short |
| Orderly PERP_MON_USDC | +0.0073% | 4h | 0.02587 | 0.000% | $17K | $64K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0077% | 8h | 0.02588 | +0.020% | $8K | $42 | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02590 | +0.116% | $858K | $773K | 10x | as long as short |
Injective MON/USDC PERP
Bybit MONUSDT
Deribit MON_USDC-PERPETUAL
01 Exchange MONUSD
Phoenix MON
Perpl MON
Aftermath Perps MONUSD
Orderly PERP_MON_USDC
Paradex MON-USD-PERP
Lighter MONShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado MON-PERP | +0.0100% | 1h | 0.02592 | +0.209% | $389K | $537K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02592 | +0.193% | $35.1M | $7.4M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02590 | +0.106% | $108K | $230K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02593 | +0.237% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02590 | +0.116% | $143K | $107K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02588 | +0.039% | $24.6M | $24.6M | 75x | as long as short |
| OKX MON-USDT-SWAPlong | +0.0100% | 4h | 0.02587 | long leg | $4.4M | $5.9M | 50x | |
| Bulk MON-USD | +0.0100% | 1h | 0.02585 | −0.062% | $109K | $3K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02590 | +0.116% | $1.0M | $863K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02588 | +0.039% | $2.8M | $1.8M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02587 | +0.008% | $780K | $405K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02589 | +0.076% | $47K | $242K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02592 | +0.178% | $583K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02590 | +0.116% | $69K | $480K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02588 | +0.039% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02593 | +0.227% | $52K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02584 | −0.101% | $39K | — | 3x | as long as short |
| Kraken Futures PF_MONUSD | +0.0173% | 1h | 0.02590 | +0.129% | $267K | $70K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0261% / S −0.0598% | 1h | 0.02590 | +0.124% | $9K | — | 50x | as long as short |
| BloFin MON-USDTshort | +0.0340% | 4h | 0.02588 | +0.039% | $1.4M | $294K | 75x | |
| KuCoin MONUSDTM | +0.0350% | 4h | 0.02596 | +0.348% | $3.2M | $727K | 75x | as long as short |
| Backpack MON_USDC_PERP | +0.0391% | 1h | 0.02590 | +0.112% | $138K | $136K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0536% | 1h | 0.02607 | +0.761% | $114K | $49K | 50x | as long as short |
Nado MON-PERP
Hyperliquid MON
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
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
Aevo MON-PERP
Kraken Futures PF_MONUSD
GMX MON/USD [ETH-USDC]
KuCoin MONUSDTM
Backpack MON_USDC_PERP
Coinbase International MON-PERP-INTX