Funding you earn now, next payment 04:00 UTC+0.0273%/8h= +29.9% APRnext payment +$1.36 per $10,000 · paid last 24h +0.026%
Price spread now: BloFin against Orderly−0.039%52s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.233%+$23 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. BloFin is 0.039% cheaper against Orderly than usual: you would sell low and buy high (spread −0.039% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 11 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.233% in total) that is about 28 hours. The two prices were read 52 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 | Orderly PERP_MON_USDC | 0.02580 | 0.0067 | pay 0.0034% / 4h | 3h 27m | $17K | $64K | 10x |
| Short | BloFin MON-USDT | 0.02579 | 0.0340 | get 0.0170% / 4h | 3h 27m | $1.4M | $307K | 75x |
Orderly PERP_MON_USDC
BloFin MON-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Orderly. 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
- $57.32
- Price spread: −0.039% → 0.000%
- −$3.88
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $35.45
- Costs to cover
- 0.180%
- Break-even
- 2.7 days
Slippage unknown: Orderly: no order-book sample; BloFin: live order book, 5 min ago. Net counts fees only.
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 Orderly no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 5 min ago | 3.89 bp | 12.8 bp −$13 | 38.5 bp −$385 | 150.3 bp −$15.0K | doesn't fit |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0444% | 1h | 0.02576 | −0.155% | $6K | $107 | 5.5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02580 | −0.016% | $13K | $351K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02582 | +0.066% | $70K | $119K | 25x | as long as short |
| Orderly PERP_MON_USDClong | +0.0067% | 4h | 0.02580 | long leg | $17K | $64K | 10x | |
| 01 Exchange MONUSD | +0.0080% | 1h | 0.02583 | +0.132% | $6K | $1K | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02583 | +0.116% | $860K | $754K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0099% | 8h | 0.02583 | +0.122% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02588 | +0.318% | $395K | $533K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02585 | +0.202% | $35.1M | $7.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02582 | +0.064% | $107K | $231K | 10x | as long as short |
Injective MON/USDC PERP
Phoenix MON
Deribit MON_USDC-PERPETUAL
01 Exchange MONUSD
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 | 0.02581 | +0.031% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02583 | +0.124% | $143K | $104K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02580 | +0.013% | $24.7M | $25.5M | 75x | as long as short |
| Bybit MONUSDT | +0.0100% | 8h | 0.02581 | +0.039% | $21.5M | $12.2M | 50x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02581 | +0.039% | $4.3M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02580 | 0.000% | $106K | $2K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02581 | +0.039% | $978K | $907K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02582 | +0.078% | $2.7M | $1.9M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02582 | +0.085% | $128K | $140K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02575 | −0.209% | $778K | $407K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02576 | −0.171% | $44K | $248K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02579 | −0.039% | $584K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02574 | −0.233% | $69K | $486K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02581 | +0.039% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02585 | +0.207% | $49K | $520K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02580 | 0.000% | $39K | — | 3x | as long as short |
| KuCoin MONUSDTM | +0.0150% | 4h | 0.02586 | +0.233% | $3.0M | $720K | 75x | as long as short |
| Aftermath Perps MONUSD | +0.0174% | 1h | 0.02579 | −0.025% | $4K | $74K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0261% / S −0.0598% | 1h | 0.02581 | +0.019% | $9K | — | 50x | as long as short |
| BloFin MON-USDTshort | +0.0340% | 4h | 0.02579 | −0.039% | $1.4M | $307K | 75x | |
| Perpl MON | +0.0447% | 43m | 0.02579 | −0.035% | $182K | $2.0M | 10x | as long as short |
| Kraken Futures PF_MONUSD | +0.0462% | 1h | 0.02584 | +0.167% | $271K | $78K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0808% | 1h | 0.02584 | +0.159% | $113K | $51K | 50x | as long as short |
dYdX MON-USD
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
KuCoin MONUSDTM
Aftermath Perps MONUSD
GMX MON/USD [ETH-USDC]
Perpl MON
Kraken Futures PF_MONUSD
Coinbase International MON-PERP-INTX