Funding you earn now, next payment 08:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against BloFin+0.120%65s7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$143as 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−$1261.260% of the position
Funding, last 7 days−0.171%−$17 on $10k
+Price spread, last 4 days (all we have)−0.266%−$27 · spread now +0.120%, 7d avg +0.066%
=The price spread pays, funding is against you. KuCoin is 0.054% dearer against BloFin than usual: you sell high and buy low (spread +0.120% now, against its 7-day average of +0.066%): +$5 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 18 hours. At the pace of the last 7 days (−0.171% in total) that is about 2.2 days. The two prices were read 65 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 | 0.02498 | 0.0340 | pay 0.0170% / 4h | 58m 05s | $1.3M | $347K | 75x |
| Short | KuCoin MONUSDTM | 0.02501 | 0.0100 | get 0.0050% / 4h | 58m 05s | $2.9M | $766K | 75x |
BloFin MON-USDT
KuCoin MONUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +0.120% → +0.066%
- $5.43
- Slippage, 4 orders
- −$102.03
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$171
- Costs to cover
- 1.260%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 4 min ago; KuCoin: live order book, 9 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 | 2.00 bp | 14.5 bp −$15 | 28.1 bp −$281 | 167.7 bp −$16.8K | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 7.97 bp | 45.2 bp −$45 | 487.4 bp −$4,874 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective MON/USDC PERP | −0.0032% | 1h | 0.02500 | +0.080% | $5K | $108 | 5.5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02506 | +0.304% | $13K | $347K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02497 | −0.052% | $126K | $2.2M | 10x | as long as short |
| Deribit MON_USDC-PERPETUAL | +0.0030% | 1h | 0.02498 | −0.016% | $72K | $138K | 25x | as long as short |
| Orderly PERP_MON_USDC | +0.0089% | 4h | 0.02497 | −0.040% | $16K | $42K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02498 | 0.000% | $801K | $785K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0100% | 8h | 0.02495 | −0.127% | $7K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02500 | +0.077% | $392K | $576K | 10x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02497 | −0.056% | $99K | $213K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02498 | +0.016% | $12K | — | 5x | as long as short |
Injective MON/USDC PERP
Phoenix MON
Perpl MON
Deribit MON_USDC-PERPETUAL
Orderly PERP_MON_USDC
Lighter MON
Paradex MON-USD-PERP
Nado MON-PERP
Aster MONUSDT
dYdX MON-USDShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica MON | +0.0100% | 1h | 0.02498 | 0.000% | $138K | $92K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02497 | −0.053% | $23.7M | $27.5M | 75x | as long as short |
| Bybit MONUSDT | +0.0100% | 8h | 0.02496 | −0.080% | $20.7M | $13.8M | 50x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02498 | 0.000% | $4.2M | $6.2M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02500 | +0.080% | $103K | −$0 | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02498 | 0.000% | $931K | $1.0M | 50x | as long as short |
| KuCoin MONUSDTMshort | +0.0100% | 4h | 0.02501 | +0.120% | $2.9M | $766K | 75x | |
| Bitget MONUSDT | +0.0100% | 4h | 0.02499 | +0.040% | $2.7M | $2.3M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02500 | +0.072% | $109K | $156K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02494 | −0.178% | $741K | $411K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02497 | −0.050% | $41K | $252K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02499 | +0.040% | $564K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02496 | −0.080% | $68K | $536K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02496 | −0.080% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02501 | +0.101% | $47K | $268K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02497 | −0.060% | $38K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0230% / S −0.0246% | 1h | 0.02497 | −0.056% | $6K | — | 50x | as long as short |
| 01 Exchange MONUSD | +0.0248% | 1h | 0.02497 | −0.036% | $6K | $3K | 5x | as long as short |
| Hyperliquid MON | +0.0253% | 1h | 0.02501 | +0.140% | $33.8M | $7.8M | 5x | as long as short |
| BloFin MON-USDTlong | +0.0340% | 4h | 0.02498 | long leg | $1.3M | $347K | 75x | |
| Aftermath Perps MONUSD | +0.0492% | 1h | 0.02500 | +0.063% | $6K | $100K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0680% | 1h | 0.02505 | +0.296% | $111K | $53K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.1206% | 1h | 0.02500 | +0.098% | $269K | $119K | 10x | as long as short |
Pacifica MON
Binance MONUSDT
Bybit 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
GMX MON/USD [ETH-USDC]
01 Exchange MONUSD
Hyperliquid MON
Aftermath Perps MONUSD
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD