Funding you earn now, next payment 05:00 UTC+0.0153%/8h= +16.8% APRpaid last 24h +0.016%
Price spread now: BloFin against Deribit+0.083%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$600.601% of the position
Funding, last 7 days+0.164%+$16 on $10k
+Price spread, last 4 days (all we have)−0.090%−$9 · spread now +0.083%, 7d avg −0.020%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and BloFin is 0.103% dearer against Deribit than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit MON_USDC-PERPETUAL | 0.02519 | 0.0187 | pay 0.0023% / 1h | 24m 41s | $74K | $136K | 25x |
| Short | BloFin MON-USDT | 0.02521 | 0.0340 | get 0.0170% / 4h | 3h 24m | $1.3M | $337K | 75x |
Deribit MON_USDC-PERPETUAL
BloFin MON-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Deribit. 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
- $32.15
- Price spread: +0.083% → −0.020%
- $10.29
- Slippage, 4 orders
- −$41.14
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$17.69
- Costs to cover
- 0.601%
- Break-even
- 10.9 days
Slippage from Deribit: live order book, 4 min ago; BloFin: 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 Deribit live order book, 4 min ago | 6.33 bp | 17.0 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 8 min ago | 1.99 bp | 15.5 bp −$16 | 37.3 bp −$373 | 132.0 bp −$13.2K | 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 | +0.163% | $5K | $112 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0004% | 8h | 0.02514 | −0.206% | $20.7M | $13.4M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02525 | +0.254% | $12K | $358K | 5x | as long as short |
| Orderly PERP_MON_USDC | +0.0073% | 4h | 0.02519 | +0.004% | $16K | $48K | 10x | as long as short |
| Backpack MON_USDC_PERP | +0.0075% | 1h | 0.02518 | −0.016% | $111K | $151K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02517 | −0.075% | $844K | $732K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0100% | 8h | 0.02514 | −0.180% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02522 | +0.114% | $409K | $586K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02518 | −0.044% | $33.9M | $7.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02519 | +0.019% | $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 | 0.02520 | +0.036% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02517 | −0.075% | $139K | $93K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02516 | −0.132% | $23.9M | $27.0M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02515 | −0.155% | $4.2M | $6.0M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02520 | +0.044% | $103K | $2K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02519 | +0.004% | $941K | $984K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02524 | +0.202% | $2.9M | $761K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02517 | −0.075% | $2.7M | $2.2M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02520 | +0.025% | $747K | $408K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02522 | +0.128% | $41K | $250K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02525 | +0.242% | $568K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02523 | +0.163% | $68K | $521K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02518 | −0.036% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02518 | −0.022% | $48K | $519K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02517 | −0.075% | $38K | — | 3x | as long as short |
| Deribit MON_USDC-PERPETUALlong | +0.0187% | 1h | 0.02519 | long leg | $74K | $136K | 25x | |
| 01 Exchange MONUSD | +0.0224% | 1h | 0.02520 | +0.052% | $6K | $1K | 5x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02518 | −0.052% | $9K | — | 50x | as long as short |
| BloFin MON-USDTshort | +0.0340% | 4h | 0.02521 | +0.083% | $1.3M | $337K | 75x | |
| Aftermath Perps MONUSD | +0.0352% | 1h | 0.02522 | +0.106% | $2K | $74K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0368% | 1h | 0.02530 | +0.441% | $110K | $57K | 50x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02521 | +0.087% | $114K | $2.2M | 10x | as long as short |
| Kraken Futures PF_MONUSD | +0.0723% | 1h | 0.02521 | +0.068% | $271K | $113K | 10x | as long as short |
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
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
GMX MON/USD [ETH-USDC]
Aftermath Perps MONUSD
Coinbase International MON-PERP-INTX
Perpl MON
Kraken Futures PF_MONUSD