MON

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.048%

Price spread now: BloFin against Bitget−0.237%7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs−$97as in the Price arb table

costs, in and out, $10k−$750.750% of the position

Long on Bitget Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.192%+$19 on $10k

Price spread, last 4 days (all we have)+0.563%+$56 · spread now −0.237%, 7d avg −0.021%

Together, before fees+0.755%+$75 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.216% cheaper against Bitget than usual: you would sell low and buy high (spread −0.237% now, against its 7-day average of −0.021%). If the spread goes back, that is −$22 on $10k: about 3.0 days of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.192% in total) that is about 7.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget MONUSDT	0.02532	0.0100	pay 0.0050% / 4h	2h 21m	$2.8M	$2.3M	25x
Short	BloFin MON-USDT	0.02526	0.0340	get 0.0170% / 4h	2h 21m	$1.4M	$389K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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 BitgetbpFee BloFinbpOrdersPrice spread, now −0.237%Rate

Funding earned: $50.4
Price spread: −0.237% → −0.021%: −$21.57
Slippage, 4 orders: −$50.98
Fee Bitget: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$46.15
Costs to cover: 0.750%
Break-even: 13.4 days

Slippage from Bitget: live order book, 4 min ago; BloFin: live order book, 5 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 Bitget live order book, 4 min ago	5.90 bp	18.7 bp −$19	55.6 bp −$556	doesn't fit	doesn't fit
Sell BloFin live order book, 5 min ago	3.94 bp	25.3 bp −$25	48.0 bp −$480	149.1 bp −$14.9K	doesn't fit

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
Backpack MON_USDC_PERP	−0.0164%	1h	0.02532	0.000%	$111K	$148K	10x	as long as short
Phoenix MON	0.0000%	1h	0.02541	+0.355%	$13K	$307K	5x	as long as short
Deribit MON_USDC-PERPETUAL	0.0000%	1h	0.02531	−0.051%	$72K	$115K	25x	as long as short
Injective MON/USDC PERP	+0.0033%	1h	0.02541	+0.355%	$6K	$105	5.5x	as long as short
Bybit MONUSDT	+0.0041%	8h	0.02528	−0.142%	$21.1M	$13.6M	50x	as long as short
Lighter MON	+0.0096%	1h	0.02533	+0.039%	$831K	$765K	10x	as long as short
Paradex MON-USD-PERP	+0.0099%	8h	0.02533	+0.024%	$8K	$42	5x	as long as short
Nado MON-PERP	+0.0100%	1h	0.02535	+0.127%	$396K	$569K	10x	as long as short
Hyperliquid MON	+0.0100%	1h	0.02532	0.000%	$34.0M	$6.5M	5x	as long as short
Aster MONUSDT	+0.0100%	4h	0.02533	+0.045%	$100K	$202K	10x	as long as short

Show all 33 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX MON-USD	+0.0100%	1h	0.02534	+0.088%	$13K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02535	+0.107%	$140K	$88K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02531	−0.039%	$24.4M	$26.7M	75x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02530	−0.079%	$4.2M	$6.0M	50x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02533	+0.039%	$1.0M	$1.2M	50x	as long as short
KuCoin MONUSDTM	+0.0100%	4h	0.02534	+0.079%	$2.9M	$756K	75x	as long as short
Bitget MONUSDTlong	+0.0100%	4h	0.02532	long leg	$2.8M	$2.3M	25x
Variational Omni MON	+0.0100%	8h	0.02535	+0.137%	$758K	$379K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02539	+0.267%	$42K	$250K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02534	+0.062%	$563K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02537	+0.197%	$69K	$546K	50x	as long as short
Orderly PERP_MON_USDC	+0.0100%	4h	0.02531	−0.039%	$16K	$36K	10x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02530	−0.079%	$5K	$6K	5x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02555	+0.902%	$105K	−$0	10x	as long as short
Extended MON-USD	+0.0104%	1h	0.02533	+0.053%	$58K	$326K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02530	−0.083%	$38K	—	3x	as long as short
01 Exchange MONUSD	+0.0128%	1h	0.02541	+0.352%	$6K	$2K	5x	as long as short
GMX MON/USD [ETH-USDC]	L +0.0231% / S −0.0246%	1h	0.02531	−0.028%	$6K	—	50x	as long as short
BloFin MON-USDTshort	+0.0340%	4h	0.02526	−0.237%	$1.4M	$389K	75x
Perpl MON	+0.0447%	43m	0.02540	+0.312%	$118K	$2.1M	10x	as long as short
Aftermath Perps MONUSD	+0.0635%	1h	0.02539	+0.277%	$4K	$95K	10x	as long as short
Kraken Futures PF_MONUSD	+0.0674%	1h	0.02533	+0.039%	$272K	$121K	10x	as long as short
Coinbase International MON-PERP-INTX	+0.0800%	1h	0.02561	+1.157%	$113K	$51K	50x	as long as short