Funding you earn now, next payment 22:00 UTC+0.0463%/8h= +50.7% APRpaid last 24h +0.209%
Price spread now: Coinbase International against BloFin+1.153%7-day average +0.449% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$910.915% of the position
Funding, last 7 days+0.740%+$74 on $10k
+Price spread, last 3 days (all we have)−0.817%−$82 · spread now +1.153%, 7d avg +0.449%
=Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Coinbase International is 0.704% dearer against BloFin than usual: you sell high and buy low: +$70 more if the spread goes back to its 7-day average of +0.449%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MON-USDT | 0.02577 | 0.0073 | pay 0.0036% / 4h | 1h 58m | $1.4M | $244K | 75x |
| Short | Coinbase International MON-PERP-INTX | 0.02607 | 0.0536 | get 0.0067% / 1h | 58m 51s | $114K | $50K | 50x |
BloFin MON-USDT
Coinbase International MON-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $97.26
- Price spread: +1.153% → +0.449%
- $70.38
- Slippage, 4 orders
- −$69.46
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $76.18
- Costs to cover
- 0.915%
- Break-even
- 1.5 days
Slippage from BloFin: live order book, 4 min ago; Coinbase International: live order book, 24 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 | 5.81 bp | 22.8 bp −$23 | 40.5 bp −$405 | 159.8 bp −$16.0K | doesn't fit |
| Sell Coinbase International live order book, 24 min ago | 16.34 bp | 21.7 bp −$22 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange MONUSD | −0.0720% | 1h | 0.02579 | +0.078% | $6K | $1K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | −0.0330% | 1h | 0.02584 | +0.264% | $70K | $117K | 25x | as long as short |
| Injective MON/USDC PERP | −0.0053% | 1h | 0.02599 | +0.854% | $6K | $106 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0034% | 8h | 0.02580 | +0.120% | $21.5M | $11.8M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02581 | +0.163% | $13K | $359K | 5x | as long as short |
| Aftermath Perps MONUSD | +0.0046% | 1h | 0.02584 | +0.271% | $2K | $73K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0066% | 8h | 0.02580 | +0.112% | $8K | $42 | 5x | as long as short |
| BloFin MON-USDTlong | +0.0073% | 4h | 0.02577 | long leg | $1.4M | $244K | 75x | |
| Orderly PERP_MON_USDC | +0.0076% | 4h | 0.02581 | +0.155% | $17K | $64K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02584 | +0.272% | $845K | $760K | 10x | as long as short |
01 Exchange MONUSD
Deribit MON_USDC-PERPETUAL
Injective MON/USDC PERP
Bybit MONUSDT
Phoenix MON
Aftermath Perps MONUSD
Paradex MON-USD-PERP
Orderly PERP_MON_USDC
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 | 0.02585 | +0.304% | $388K | $535K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02586 | +0.345% | $34.9M | $7.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02584 | +0.270% | $108K | $233K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02583 | +0.250% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02579 | +0.078% | $142K | $106K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02581 | +0.156% | $24.5M | $24.6M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02579 | +0.078% | $4.4M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02580 | +0.115% | $108K | $3K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02583 | +0.233% | $1.0M | $862K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02583 | +0.233% | $2.7M | $1.8M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02578 | +0.055% | $777K | $411K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02580 | +0.113% | $47K | $244K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02584 | +0.263% | $581K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02580 | +0.116% | $69K | $480K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02582 | +0.194% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02583 | +0.251% | $52K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02582 | +0.194% | $39K | — | 3x | as long as short |
| Kraken Futures PF_MONUSD | +0.0173% | 1h | 0.02587 | +0.392% | $267K | $67K | 10x | as long as short |
| Backpack MON_USDC_PERP | +0.0182% | 1h | 0.02584 | +0.287% | $138K | $137K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0261% / S −0.0598% | 1h | 0.02584 | +0.283% | $9K | — | 50x | as long as short |
| KuCoin MONUSDTM | +0.0298% | 4h | 0.02587 | +0.388% | $3.2M | $747K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02584 | +0.252% | $144K | $1.8M | 10x | as long as short |
| Coinbase International MON-PERP-INTXshort | +0.0536% | 1h | 0.02607 | +1.153% | $114K | $50K | 50x |
Nado MON-PERP
Hyperliquid MON
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
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
Backpack MON_USDC_PERP
GMX MON/USD [ETH-USDC]
KuCoin MONUSDTM
Perpl MON