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: BloFin against OKX−0.156%83s7-day average +0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as 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−$810.812% of the position
Funding, last 7 days+0.222%+$22 on $10k
+Price spread, last 3 days (all we have)+0.454%+$45 · spread now −0.156%, 7d avg +0.072%
=Funding pays, the price is against you. BloFin is 0.229% cheaper against OKX than usual: you would sell low and buy high (spread −0.156% now, against its 7-day average of +0.072%). If the spread goes back, that is −$23 on $10k: about 3.2 days of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.222% in total) that is about 7.2 days. The two prices were read 83 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 | OKX MON-USDT-SWAP | 0.02559 | 0.0100 | pay 0.0050% / 4h | 1h 03m | $4.3M | $5.9M | 50x |
| Short | BloFin MON-USDT | 0.02555 | 0.0340 | get 0.0170% / 4h | 1h 03m | $1.4M | $305K | 75x |
OKX MON-USDT-SWAP
BloFin MON-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. 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: −0.156% → +0.072%
- −$22.88
- Slippage, 4 orders
- −$59.17
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$53.64
- Costs to cover
- 0.812%
- Break-even
- 14.5 days
Slippage from OKX: live order book, 4 min ago; BloFin: 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 OKX live order book, 4 min ago | 1.96 bp | 17.7 bp −$18 | 82.7 bp −$827 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 9 min ago | 5.84 bp | 25.1 bp −$25 | 47.8 bp −$478 | 132.7 bp −$13.3K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MONUSDT | −0.0069% | 8h | 0.02559 | 0.000% | $21.2M | $11.9M | 50x | as long as short |
| Injective MON/USDC PERP | −0.0053% | 1h | 0.02575 | +0.625% | $6K | $109 | 5.5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02565 | +0.223% | $13K | $362K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02561 | +0.094% | $128K | $1.8M | 10x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02562 | +0.133% | $69K | $119K | 25x | as long as short |
| Aftermath Perps MONUSD | +0.0034% | 1h | 0.02563 | +0.174% | $2K | $74K | 10x | as long as short |
| 01 Exchange MONUSD | +0.0040% | 1h | 0.02561 | +0.086% | $6K | $1K | 5x | as long as short |
| Orderly PERP_MON_USDC | +0.0066% | 4h | 0.02560 | +0.039% | $17K | $64K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0088% | 8h | 0.02559 | +0.015% | $8K | $42 | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02562 | +0.117% | $855K | $784K | 10x | as long as short |
Bybit MONUSDT
Injective MON/USDC PERP
Phoenix MON
Perpl MON
Deribit MON_USDC-PERPETUAL
Aftermath Perps MONUSD
01 Exchange MONUSD
Orderly PERP_MON_USDC
Paradex MON-USD-PERP
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 | 0.02562 | +0.127% | $389K | $543K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02563 | +0.164% | $34.6M | $7.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02560 | +0.053% | $108K | $231K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02560 | +0.026% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02561 | +0.078% | $141K | $104K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02561 | +0.078% | $24.4M | $24.9M | 75x | as long as short |
| OKX MON-USDT-SWAPlong | +0.0100% | 4h | 0.02559 | long leg | $4.3M | $5.9M | 50x | |
| Bulk MON-USD | +0.0100% | 1h | 0.02569 | +0.374% | $108K | $3K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02560 | +0.039% | $991K | $879K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02562 | +0.117% | $2.7M | $1.8M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02561 | +0.086% | $127K | $142K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02553 | −0.228% | $770K | $408K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02550 | −0.340% | $47K | $243K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02570 | +0.418% | $576K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02553 | −0.234% | $68K | $482K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02562 | +0.117% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02563 | +0.174% | $51K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02561 | +0.098% | $39K | — | 3x | as long as short |
| Kraken Futures PF_MONUSD | +0.0175% | 1h | 0.02566 | +0.269% | $269K | $78K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0598% | 1h | 0.02562 | +0.106% | $8K | — | 50x | as long as short |
| KuCoin MONUSDTM | +0.0272% | 4h | 0.02563 | +0.156% | $3.0M | $707K | 75x | as long as short |
| BloFin MON-USDTshort | +0.0340% | 4h | 0.02555 | −0.156% | $1.4M | $305K | 75x | |
| Coinbase International MON-PERP-INTX | +0.0536% | 1h | 0.02565 | +0.227% | $113K | $50K | 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
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
Kraken Futures PF_MONUSD
GMX MON/USD [ETH-USDC]
KuCoin MONUSDTM
Coinbase International MON-PERP-INTX