Funding you earn now, next payment 05:00 UTC−0.0240%/8h= −26.3% APRpaid last 24h −0.035%
Price spread now: Bulk against BloFin−0.119%97s7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$800.799% of the position
Funding, last 4 days (all we have)−0.156%−$16 on $10k
+Price spread, last 4 days (all we have)−0.536%−$54 · spread now −0.119%, 7d avg −0.030%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bulk is 0.089% cheaper against BloFin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.030%). Swap the legs. The two prices were read 97 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 | 0.02523 | 0.0340 | pay 0.0170% / 4h | 3h 27m | $1.3M | $336K | 75x |
| Short | Bulk MON-USD | 0.02520 | 0.0100 | get 0.0013% / 1h | 27m 35s | $103K | $2K | 10x |
BloFin MON-USDT
Bulk MON-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk 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
- −$50.4
- Price spread: −0.119% → −0.030%
- −$8.86
- Slippage, 4 orders
- −$60.94
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$139.2
- Costs to cover
- 0.799%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 min ago; Bulk: live order book, 26 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, 5 min ago | 1.99 bp | 17.8 bp −$18 | 36.3 bp −$363 | 156.1 bp −$15.6K | doesn't fit |
| Sell Bulk live order book, 26 min ago | 19.80 bp | 23.3 bp −$23 | 47.8 bp −$478 | 165.1 bp −$16.5K | 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 | −0.0203% | 1h | 0.02523 | 0.000% | $5K | $112 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0008% | 8h | 0.02522 | −0.032% | $20.8M | $13.4M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02525 | +0.091% | $12K | $358K | 5x | as long as short |
| Orderly PERP_MON_USDC | +0.0073% | 4h | 0.02526 | +0.119% | $16K | $48K | 10x | as long as short |
| Backpack MON_USDC_PERP | +0.0092% | 1h | 0.02526 | +0.131% | $112K | $150K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02526 | +0.119% | $847K | $732K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0100% | 8h | 0.02523 | −0.020% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02529 | +0.252% | $413K | $585K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02525 | +0.091% | $34.0M | $7.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02525 | +0.069% | $101K | $222K | 10x | as long as short |
Injective MON/USDC PERP
Bybit MONUSDT
Phoenix MON
Orderly PERP_MON_USDC
Backpack MON_USDC_PERP
Lighter MON
Paradex MON-USD-PERP
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 | 0.02524 | +0.044% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02525 | +0.087% | $139K | $93K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02523 | −0.014% | $24.0M | $26.9M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02522 | −0.040% | $4.2M | $6.1M | 50x | as long as short |
| Bulk MON-USDshort | +0.0100% | 1h | 0.02520 | −0.119% | $103K | $2K | 10x | |
| Gate MON_USDT | +0.0100% | 4h | 0.02525 | +0.079% | $944K | $983K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02529 | +0.238% | $2.9M | $761K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02525 | +0.079% | $2.7M | $2.2M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02525 | +0.062% | $747K | $408K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02524 | +0.023% | $41K | $249K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02525 | +0.079% | $568K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02526 | +0.119% | $69K | $520K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02525 | +0.079% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02525 | +0.096% | $48K | $519K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02525 | +0.059% | $38K | — | 3x | as long as short |
| 01 Exchange MONUSD | +0.0216% | 1h | 0.02525 | +0.059% | $6K | $1K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | +0.0225% | 1h | 0.02526 | +0.135% | $74K | $136K | 25x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02525 | +0.067% | $9K | — | 50x | as long as short |
| BloFin MON-USDTlong | +0.0340% | 4h | 0.02523 | long leg | $1.3M | $336K | 75x | |
| Aftermath Perps MONUSD | +0.0351% | 1h | 0.02524 | +0.024% | $2K | $74K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0368% | 1h | 0.02530 | +0.277% | $110K | $57K | 50x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02528 | +0.190% | $115K | $2.2M | 10x | as long as short |
| Kraken Futures PF_MONUSD | +0.0721% | 1h | 0.02528 | +0.209% | $272K | $113K | 10x | as long as short |
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
01 Exchange MONUSD
Deribit MON_USDC-PERPETUAL
GMX MON/USD [ETH-USDC]
Aftermath Perps MONUSD
Coinbase International MON-PERP-INTX
Perpl MON
Kraken Futures PF_MONUSD