Funding you earn now, next payment 03:05 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.024%
Price spread now: Bitget against Perpl+0.032%7-day average −0.087% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.230%−$23 on $10k
+Price spread, last 7 days−0.336%−$34 · spread now +0.032%, 7d avg −0.087%
=Together, before fees−0.566%+ Points / potential airdropPerpl: Active · farm board−$57 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bitget is 0.119% dearer against Perpl than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.087%. Mind the row above: over the last 7 days funding on this pair cost −0.230%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Perpl MON | 0.02509 | 0 | get 0.0000% / 43m | 2m 58s | $107K | $2.3M | 10x |
| Short | Bitget MONUSDT | 0.02510 | 0.0100 | get 0.0050% / 4h | 31m 58s | $2.7M | $2.2M | 25x |
Perpl MON
Bitget MONUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Perpl. 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
- $21
- Price spread: +0.032% → −0.087%
- $11.89
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $7.09
- Costs to cover
- 0.258%
- Break-even
- 4.6 days
Slippage unknown: Perpl: no order-book sample; Bitget: live order book, 5 min ago. 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 Perpl no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 5 min ago | 6.01 bp | 22.0 bp −$22 | 71.0 bp −$710 | doesn't fit | doesn't fit |
Perpl: 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange MONUSD | −0.0376% | 1h | 0.02507 | −0.096% | $6K | $1K | 5x | as long as short |
| Backpack MON_USDC_PERP | −0.0262% | 1h | 0.02510 | +0.020% | $113K | $152K | 10x | as long as short |
| Injective MON/USDC PERP | −0.0176% | 1h | 0.02498 | −0.446% | $5K | $112 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0164% | 8h | 0.02508 | −0.048% | $20.6M | $13.3M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02501 | −0.343% | $12K | $359K | 5x | as long as short |
| Perpl MONlong | 0.0000% | 43m | 0.02509 | long leg | $107K | $2.3M | 10x | |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02508 | −0.040% | $74K | $136K | 25x | as long as short |
| Orderly PERP_MON_USDC | +0.0071% | 4h | 0.02507 | −0.088% | $16K | $41K | 10x | as long as short |
| Variational Omni MON | +0.0074% | 8h | 0.02489 | −0.822% | $737K | $407K | — | as long as short |
| Paradex MON-USD-PERP | +0.0090% | 8h | 0.02506 | −0.121% | $8K | $42 | 5x | as long as short |
01 Exchange MONUSD
Backpack MON_USDC_PERP
Injective MON/USDC PERP
Bybit MONUSDT
Phoenix MON
Deribit MON_USDC-PERPETUAL
Orderly PERP_MON_USDC
Variational Omni MON
Paradex MON-USD-PERPShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter MON | +0.0096% | 1h | 0.02510 | +0.032% | $845K | $749K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02509 | +0.012% | $33.9M | $7.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02508 | −0.062% | $101K | $222K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02505 | −0.166% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02506 | −0.112% | $138K | $93K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02509 | −0.013% | $23.8M | $26.8M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02510 | +0.032% | $4.2M | $6.0M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02495 | −0.576% | $102K | $5K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02509 | −0.008% | $952K | $986K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02507 | −0.088% | $2.8M | $752K | 75x | as long as short |
| Bitget MONUSDTshort | +0.0100% | 4h | 0.02510 | +0.032% | $2.7M | $2.2M | 25x | |
| edgeX MONUSDC | +0.0100% | 4h | 0.02496 | −0.518% | $41K | $250K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02499 | −0.393% | $560K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02498 | −0.446% | $67K | $508K | 50x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02509 | +0.005% | $429K | $573K | 10x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02507 | −0.088% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02510 | +0.030% | $48K | $521K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02506 | −0.116% | $38K | — | 3x | as long as short |
| Aftermath Perps MONUSD | +0.0249% | 1h | 0.02501 | −0.334% | $2K | $74K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02508 | −0.060% | $9K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02501 | −0.327% | $1.3M | $337K | 75x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0408% | 1h | 0.02514 | +0.171% | $110K | $57K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0543% | 1h | 0.02511 | +0.079% | $269K | $114K | 10x | as long as short |
Lighter MON
Hyperliquid MON
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
Nado MON-PERP
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
Aftermath Perps MONUSD
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD