MON

Alert: funding

Alert: spread

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 Binance−0.087%7-day average +0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$75as in the Price arb table

costs, in and out, $10k−$640.642% of the position

Long on Binance Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.180%+$18 on $10k

Price spread, last 3 days (all we have)+0.290%+$29 · spread now −0.087%, 7d avg +0.025%

Together, before fees+0.470%+$47 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.112% cheaper against Binance than usual: you would sell low and buy high (spread −0.087% now, against its 7-day average of +0.025%). If the spread goes back, that is −$11 on $10k: about 37 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.180% in total) that is about 4.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance MONUSDT	0.02569	0.0100	pay 0.0050% / 4h	26m 58s	$24.5M	$25.4M	75x
Short	BloFin MON-USDT	0.02567	0.0340	get 0.0170% / 4h	26m 58s	$1.4M	$308K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee BloFinbpOrdersPrice spread, now −0.087%Rate

Funding earned: $50.4
Price spread: −0.087% → +0.025%: −$11.21
Slippage, 4 orders: −$42.15
Fee Binance: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$24.96
Costs to cover: 0.642%
Break-even: 10.5 days

Slippage from Binance: live order book, 14 min ago; BloFin: live order book, 6 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 Binance live order book, 14 min ago	1.93 bp	18.8 bp −$19	55.1 bp −$551	475.5 bp −$47.5K	doesn't fit
Sell BloFin live order book, 6 min ago	1.94 bp	14.5 bp −$14	28.8 bp −$288	157.8 bp −$15.8K	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	−0.0121%	1h	0.02576	+0.263%	$6K	$107	5.5x	as long as short
01 Exchange MONUSD	−0.0072%	1h	0.02569	+0.010%	$6K	$1K	5x	as long as short
Bybit MONUSDT	−0.0032%	8h	0.02568	−0.048%	$21.3M	$12.1M	50x	as long as short
Phoenix MON	0.0000%	1h	0.02572	+0.096%	$13K	$360K	5x	as long as short
Deribit MON_USDC-PERPETUAL	0.0000%	1h	0.02570	+0.034%	$69K	$119K	25x	as long as short
Orderly PERP_MON_USDC	+0.0068%	4h	0.02568	−0.048%	$17K	$64K	10x	as long as short
Aftermath Perps MONUSD	+0.0085%	1h	0.02573	+0.163%	$2K	$75K	10x	as long as short
Paradex MON-USD-PERP	+0.0095%	8h	0.02567	−0.076%	$8K	$42	5x	as long as short
Lighter MON	+0.0096%	1h	0.02571	+0.069%	$854K	$793K	10x	as long as short
Hyperliquid MON	+0.0100%	1h	0.02575	+0.209%	$34.9M	$7.6M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster MONUSDT	+0.0100%	4h	0.02568	−0.031%	$108K	$231K	10x	as long as short
dYdX MON-USD	+0.0100%	1h	0.02570	+0.024%	$13K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02569	−0.021%	$142K	$105K	3x	as long as short
Binance MONUSDTlong	+0.0100%	4h	0.02569	long leg	$24.5M	$25.4M	75x
OKX MON-USDT-SWAP	+0.0100%	4h	0.02568	−0.048%	$4.3M	$5.9M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02570	+0.030%	$108K	$390	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02568	−0.048%	$978K	$909K	50x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02571	+0.069%	$2.7M	$1.9M	25x	as long as short
Backpack MON_USDC_PERP	+0.0100%	1h	0.02571	+0.053%	$128K	$141K	10x	as long as short
Variational Omni MON	+0.0100%	8h	0.02568	−0.040%	$778K	$408K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02569	−0.028%	$47K	$242K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02573	+0.146%	$583K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02572	+0.107%	$69K	$481K	50x	as long as short
Nado MON-PERP	+0.0100%	1h	0.02574	+0.193%	$392K	$544K	10x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02569	−0.009%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02576	+0.261%	$52K	$407K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02568	−0.029%	$39K	—	3x	as long as short
KuCoin MONUSDTM	+0.0258%	4h	0.02573	+0.146%	$3.0M	$716K	75x	as long as short
GMX MON/USD [ETH-USDC]	L +0.0260% / S −0.0598%	1h	0.02569	−0.009%	$8K	—	50x	as long as short
BloFin MON-USDTshort	+0.0340%	4h	0.02567	−0.087%	$1.4M	$308K	75x
Kraken Futures PF_MONUSD	+0.0420%	1h	0.02571	+0.087%	$270K	$78K	10x	as long as short
Perpl MON	+0.0447%	43m	0.02569	+0.010%	$125K	$1.8M	10x	as long as short
Coinbase International MON-PERP-INTX	+0.0480%	1h	0.02609	+1.544%	$115K	$50K	50x	as long as short