Funding you earn now, next payment 09:33 UTC−0.0107%/8h= −11.7% APRpaid last 24h +0.024%
Price spread now: BloFin against Perpl+0.123%108s7-day average −0.017% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.025%−$3 on $10k
+Price spread, last 4 days (all we have)+0.179%+$18 · spread now +0.123%, 7d avg −0.017%
=Together, before fees+0.153%+ Points / potential airdropPerpl: Active · farm board+$15 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.140% dearer against Perpl than usual: you sell high and buy low (spread +0.123% now, against its 7-day average of −0.017%): +$14 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.4 days. At the pace of the last 7 days (−0.025% in total) that is about 39 days. The two prices were read 108 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 | Perpl MON | 0.02523 | 0.0447 | pay 0.0040% / 43m | 36m 27s | $117K | $2.1M | 10x |
| Short | BloFin MON-USDT | 0.02526 | 0.0340 | get 0.0170% / 4h | 1h 55m | $1.4M | $389K | 75x |
Perpl MON
BloFin MON-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Perpl. 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
- −$22.37
- Price spread: +0.123% → −0.017%
- $14
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$34.16
- Costs to cover
- 0.258%
- Break-even
- never at this rate
Slippage unknown: Perpl: 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 Perpl no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 5 min ago | 3.95 bp | 23.2 bp −$23 | 51.5 bp −$515 | 155.9 bp −$15.6K | doesn't fit |
Perpl: 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 exchanges
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 | −0.0246% | 1h | 0.02541 | +0.717% | $6K | $101 | 5.5x | as long as short |
| 01 Exchange MONUSD | −0.0040% | 1h | 0.02522 | −0.020% | $6K | $2K | 5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02526 | +0.123% | $13K | $281K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02522 | −0.024% | $74K | $112K | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0011% | 1h | 0.02525 | +0.067% | $113K | $148K | 10x | as long as short |
| Bybit MONUSDT | +0.0082% | 8h | 0.02521 | −0.071% | $21.1M | $13.4M | 50x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02527 | +0.163% | $829K | $737K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0099% | 8h | 0.02523 | −0.015% | $8K | $42 | 5x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02526 | +0.131% | $33.9M | $6.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02524 | +0.056% | $100K | $205K | 10x | as long as short |
Injective MON/USDC PERP
01 Exchange MONUSD
Phoenix MON
Deribit MON_USDC-PERPETUAL
Backpack MON_USDC_PERP
Bybit MONUSDT
Lighter MON
Paradex MON-USD-PERP
Hyperliquid MON
Aster MONUSDTShow all 33 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX MON-USD | +0.0100% | 1h | 0.02523 | −0.006% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02525 | +0.071% | $140K | $87K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02523 | +0.004% | $24.3M | $26.7M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02522 | −0.036% | $4.2M | $6.0M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02520 | −0.103% | $103K | −$0 | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02525 | +0.083% | $1.1M | $1.2M | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02525 | +0.083% | $2.9M | $755K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02525 | +0.083% | $2.8M | $2.3M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02520 | −0.121% | $753K | $378K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02522 | −0.043% | $42K | $249K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02524 | +0.054% | $571K | $1.4M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02526 | +0.123% | $68K | $547K | 50x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02527 | +0.171% | $392K | $571K | 10x | as long as short |
| Orderly PERP_MON_USDC | +0.0100% | 4h | 0.02524 | +0.044% | $16K | $36K | 10x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02522 | −0.036% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02526 | +0.138% | $59K | $323K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02521 | −0.063% | $38K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0231% / S −0.0246% | 1h | 0.02524 | +0.048% | $6K | — | 50x | as long as short |
| BloFin MON-USDTshort | +0.0340% | 4h | 0.02526 | +0.123% | $1.4M | $389K | 75x | |
| Perpl MONlong | +0.0447% | 43m | 0.02523 | long leg | $117K | $2.1M | 10x | |
| Kraken Futures PF_MONUSD | +0.0696% | 1h | 0.02525 | +0.103% | $273K | $124K | 10x | as long as short |
| Aftermath Perps MONUSD | +0.0719% | 1h | 0.02527 | +0.163% | $5K | $96K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0808% | 1h | 0.02539 | +0.626% | $112K | $50K | 50x | 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
Nado MON-PERP
Orderly PERP_MON_USDC
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
GMX MON/USD [ETH-USDC]
Kraken Futures PF_MONUSD
Aftermath Perps MONUSD
Coinbase International MON-PERP-INTX