Funding you earn now, next payment 03:48 UTC−0.0347%/8h= −37.9% APRpaid last 24h +0.089%
Price spread now: KuCoin against Perpl−0.071%7-day average −0.035% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.227%−$23 on $10k
+Price spread, last 7 days−0.239%−$24 · spread now −0.071%, 7d avg −0.035%
=Together, before fees−0.466%+ Points / potential airdropPerpl: Active · farm board−$47 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and KuCoin is 0.036% cheaper against Perpl than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.035%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.227% in total (about -11.9% a year). A funding rate is set anew for every payment. 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 | Perpl MON | 0.02522 | 0.0447 | pay 0.0040% / 43m | 12m 47s | $114K | $2.3M | 10x |
| Short | KuCoin MONUSDTM | 0.02520 | 0.0100 | get 0.0050% / 4h | 3h 58m | $2.8M | $758K | 75x |
Perpl MON
KuCoin MONUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$72.77
- Price spread: −0.071% → −0.035%
- −$3.62
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$102.19
- Costs to cover
- 0.258%
- Break-even
- never at this rate
Slippage unknown: Perpl: no order-book sample; KuCoin: live order book, 8 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 KuCoin live order book, 8 min ago | 9.93 bp | 54.5 bp −$55 | 473.6 bp −$4,736 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective MON/USDC PERP | −0.0203% | 1h | 0.02507 | −0.587% | $5K | $109 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0096% | 8h | 0.02518 | −0.143% | $20.8M | $13.3M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02519 | −0.119% | $12K | $358K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02521 | −0.048% | $74K | $136K | 25x | as long as short |
| Orderly PERP_MON_USDC | +0.0072% | 4h | 0.02520 | −0.071% | $16K | $34K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0095% | 8h | 0.02519 | −0.113% | $8K | $42 | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02522 | +0.008% | $849K | $727K | 10x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02521 | −0.015% | $426K | $578K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02520 | −0.067% | $33.9M | $7.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02520 | −0.059% | $101K | $222K | 10x | as long as short |
Injective MON/USDC PERP
Bybit MONUSDT
Phoenix MON
Deribit MON_USDC-PERPETUAL
Orderly PERP_MON_USDC
Paradex MON-USD-PERP
Lighter MON
Nado MON-PERP
Hyperliquid MON
Aster MONUSDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX MON-USD | +0.0100% | 1h | 0.02520 | −0.081% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02520 | −0.075% | $139K | $93K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02519 | −0.107% | $24.0M | $26.9M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02518 | −0.151% | $4.2M | $6.0M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02510 | −0.468% | $103K | $5K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02520 | −0.071% | $945K | $976K | 50x | as long as short |
| KuCoin MONUSDTMshort | +0.0100% | 4h | 0.02520 | −0.071% | $2.8M | $758K | 75x | |
| Bitget MONUSDT | +0.0100% | 4h | 0.02521 | −0.032% | $2.7M | $2.2M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02522 | −0.004% | $114K | $151K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02519 | −0.129% | $745K | $410K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02518 | −0.143% | $41K | $251K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02519 | −0.114% | $564K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02517 | −0.190% | $68K | $512K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02520 | −0.071% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02521 | −0.023% | $48K | $519K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02519 | −0.111% | $38K | — | 3x | as long as short |
| 01 Exchange MONUSD | +0.0144% | 1h | 0.02520 | −0.063% | $6K | $1K | 5x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02520 | −0.079% | $9K | — | 50x | as long as short |
| Aftermath Perps MONUSD | +0.0275% | 1h | 0.02518 | −0.147% | $2K | $74K | 10x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02520 | −0.071% | $1.3M | $340K | 75x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0368% | 1h | 0.02518 | −0.147% | $110K | $57K | 50x | as long as short |
| Perpl MONlong | +0.0447% | 43m | 0.02522 | long leg | $114K | $2.3M | 10x | |
| Kraken Futures PF_MONUSD | +0.0723% | 1h | 0.02523 | +0.050% | $271K | $115K | 10x | as long as short |
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
Bitget MONUSDT
Backpack MON_USDC_PERP
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
01 Exchange MONUSD
GMX MON/USD [ETH-USDC]
Aftermath Perps MONUSD
BloFin MON-USDT
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD