Funding you earn now, next payment 00:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.013%
Price spread now: OKX against BloFin−0.078%73s7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$102as 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−$800.801% of the position
Funding, last 7 days−0.222%−$22 on $10k
+Price spread, last 3 days (all we have)−0.220%−$22 · spread now −0.078%, 7d avg −0.072%
=The price spread sits at its 7-day average of −0.072%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate. The two prices were read 73 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 | 0.02580 | 0.0340 | pay 0.0170% / 4h | 1h 48m | $1.4M | $293K | 75x |
| Short | OKX MON-USDT-SWAP | 0.02578 | 0.0100 | get 0.0050% / 4h | 1h 48m | $4.4M | $5.9M | 50x |
BloFin MON-USDT
OKX MON-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.078% → −0.072%
- −$0.51
- Slippage, 4 orders
- −$58.14
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$131.05
- Costs to cover
- 0.801%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 min ago; OKX: live order book, 5 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 | 9.67 bp | 20.3 bp −$20 | 34.2 bp −$342 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 1.94 bp | 16.5 bp −$16 | 81.8 bp −$818 | 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 | −0.0112% | 1h | 0.02581 | +0.027% | $6K | $1K | 5x | as long as short |
| Injective MON/USDC PERP | −0.0053% | 1h | 0.02582 | +0.078% | $6K | $107 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0035% | 8h | 0.02578 | −0.078% | $21.5M | $11.8M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02580 | −0.016% | $13K | $362K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02582 | +0.066% | $144K | $1.8M | 10x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02582 | +0.058% | $70K | $119K | 25x | as long as short |
| Aftermath Perps MONUSD | +0.0039% | 1h | 0.02584 | +0.153% | $2K | $74K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0071% | 8h | 0.02578 | −0.066% | $8K | $42 | 5x | as long as short |
| Orderly PERP_MON_USDC | +0.0075% | 4h | 0.02579 | −0.039% | $17K | $64K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02581 | +0.039% | $846K | $763K | 10x | as long as short |
01 Exchange MONUSD
Injective MON/USDC PERP
Bybit MONUSDT
Phoenix MON
Perpl MON
Deribit MON_USDC-PERPETUAL
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 | 0.02581 | +0.053% | $387K | $536K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02583 | +0.116% | $34.9M | $7.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02582 | +0.092% | $108K | $230K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02580 | −0.008% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02579 | −0.039% | $142K | $107K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02581 | +0.024% | $24.5M | $24.7M | 75x | as long as short |
| OKX MON-USDT-SWAPshort | +0.0100% | 4h | 0.02578 | −0.078% | $4.4M | $5.9M | 50x | |
| Bulk MON-USD | +0.0100% | 1h | 0.02580 | 0.000% | $108K | $3K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02580 | 0.000% | $1.0M | $862K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02581 | +0.039% | $2.7M | $1.8M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02572 | −0.299% | $777K | $410K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02577 | −0.105% | $47K | $243K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02581 | +0.035% | $581K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02582 | +0.078% | $69K | $480K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02579 | −0.039% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02583 | +0.104% | $52K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02581 | +0.027% | $39K | — | 3x | as long as short |
| Kraken Futures PF_MONUSD | +0.0173% | 1h | 0.02583 | +0.128% | $266K | $70K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0261% / S −0.0598% | 1h | 0.02582 | +0.078% | $9K | — | 50x | as long as short |
| BloFin MON-USDTlong | +0.0340% | 4h | 0.02580 | long leg | $1.4M | $293K | 75x | |
| KuCoin MONUSDTM | +0.0358% | 4h | 0.02588 | +0.310% | $3.2M | $766K | 75x | as long as short |
| Backpack MON_USDC_PERP | +0.0411% | 1h | 0.02581 | +0.054% | $138K | $136K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0536% | 1h | 0.02607 | +1.035% | $114K | $49K | 50x | as long as short |
Nado MON-PERP
Hyperliquid MON
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
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]
KuCoin MONUSDTM
Backpack MON_USDC_PERP
Coinbase International MON-PERP-INTX