Funding you earn now, next payment 00:00 UTC−0.0009%/8h= −1.0% APRnext payment −$0.04 per $10,000 · paid last 24h −0.013%
Price spread now: Binance against BloFin+0.161%101s7-day average −0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as 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−$630.633% of the position
Funding, last 7 days−0.180%−$18 on $10k
+Price spread, last 3 days (all we have)−0.508%−$51 · spread now +0.161%, 7d avg −0.028%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.189% dearer against BloFin than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of −0.028%. The two prices were read 101 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 | BloFin MON-USDT | 0.02576 | 0.0109 | pay 0.0054% / 4h | 2h 03m | $1.4M | $244K | 75x |
| Short | Binance MONUSDT | 0.02580 | 0.0100 | get 0.0050% / 4h | 2h 03m | $24.5M | $24.6M | 75x |
BloFin MON-USDT
Binance MONUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- −$1.83
- Price spread: +0.161% → −0.028%
- $18.9
- Slippage, 4 orders
- −$41.25
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$46.18
- Costs to cover
- 0.633%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 4 min ago; Binance: live order book, 8 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 BloFin live order book, 4 min ago | 3.87 bp | 23.3 bp −$23 | 42.4 bp −$424 | 176.2 bp −$17.6K | doesn't fit |
| Sell Binance live order book, 8 min ago | 1.93 bp | 15.0 bp −$15 | 64.7 bp −$647 | 338.6 bp −$33.9K | 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 | −0.0739% | 1h | 0.02599 | +0.893% | $6K | $110 | 5.5x | as long as short |
| Deribit MON_USDC-PERPETUAL | −0.0370% | 1h | 0.02581 | +0.182% | $66K | $114K | 25x | as long as short |
| 01 Exchange MONUSD | −0.0344% | 1h | 0.02576 | −0.019% | $6K | $1K | 5x | as long as short |
| Bybit MONUSDT | −0.0027% | 8h | 0.02580 | +0.155% | $21.5M | $11.8M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02591 | +0.575% | $13K | $384K | 5x | as long as short |
| Paradex MON-USD-PERP | +0.0070% | 8h | 0.02581 | +0.211% | $8K | $42 | 5x | as long as short |
| Orderly PERP_MON_USDC | +0.0077% | 4h | 0.02579 | +0.116% | $17K | $64K | 10x | as long as short |
| Aftermath Perps MONUSD | +0.0081% | 1h | 0.02589 | +0.502% | $2K | $73K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02582 | +0.233% | $844K | $763K | 10x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02585 | +0.346% | $388K | $536K | 10x | as long as short |
Injective MON/USDC PERP
Deribit MON_USDC-PERPETUAL
01 Exchange MONUSD
Bybit MONUSDT
Phoenix MON
Paradex MON-USD-PERP
Orderly PERP_MON_USDC
Aftermath Perps MONUSD
Lighter MON
Nado MON-PERPShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MON | +0.0100% | 1h | 0.02583 | +0.264% | $34.8M | $7.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02583 | +0.259% | $108K | $233K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02583 | +0.289% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02582 | +0.225% | $142K | $106K | 3x | as long as short |
| Binance MONUSDTshort | +0.0100% | 4h | 0.02580 | +0.161% | $24.5M | $24.6M | 75x | |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02579 | +0.116% | $4.4M | $6.0M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02600 | +0.932% | $109K | $3K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02581 | +0.194% | $1.0M | $935K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02584 | +0.311% | $2.7M | $1.8M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02579 | +0.131% | $778K | $412K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02579 | +0.109% | $47K | $243K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02581 | +0.193% | $581K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02581 | +0.194% | $69K | $480K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02578 | +0.078% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02585 | +0.335% | $52K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02578 | +0.082% | $39K | — | 3x | as long as short |
| BloFin MON-USDTlong | +0.0109% | 4h | 0.02576 | long leg | $1.4M | $244K | 75x | |
| Kraken Futures PF_MONUSD | +0.0132% | 1h | 0.02584 | +0.303% | $266K | $67K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0261% / S −0.0598% | 1h | 0.02581 | +0.210% | $9K | — | 50x | as long as short |
| Backpack MON_USDC_PERP | +0.0270% | 1h | 0.02581 | +0.186% | $138K | $137K | 10x | as long as short |
| KuCoin MONUSDTM | +0.0326% | 4h | 0.02583 | +0.272% | $3.1M | $747K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02580 | +0.144% | $144K | $1.8M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0648% | 1h | 0.02607 | +1.192% | $114K | $50K | 50x | as long as short |
Hyperliquid MON
Aster MONUSDT
dYdX MON-USD
Pacifica MON
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
Aevo MON-PERP
Kraken Futures PF_MONUSD
GMX MON/USD [ETH-USDC]
Backpack MON_USDC_PERP
KuCoin MONUSDTM
Perpl MON
Coinbase International MON-PERP-INTX