Funding you earn now, next payment 08:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.035%
Price spread now: Gate against BloFin+0.360%48s7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$96as 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−$770.768% of the position
Funding, last 7 days−0.193%−$19 on $10k
+Price spread, last 4 days (all we have)−0.563%−$56 · spread now +0.360%, 7d avg −0.018%
=The price spread pays, funding is against you. Gate is 0.378% dearer against BloFin than usual: you sell high and buy low (spread +0.360% now, against its 7-day average of −0.018%): +$38 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 5.3 days. At the pace of the last 7 days (−0.193% in total) that is about 14 days. The two prices were read 48 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 | BloFin MON-USDT | 0.02500 | 0.0340 | pay 0.0170% / 4h | 2h 14m | $1.3M | $346K | 75x |
| Short | Gate MON_USDT | 0.02509 | 0.0100 | get 0.0050% / 4h | 2h 14m | $941K | $1.0M | 50x |
BloFin MON-USDT
Gate MON_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BloFin. 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: +0.360% → −0.018%
- $37.83
- Slippage, 4 orders
- −$49.78
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$89.35
- Costs to cover
- 0.768%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; Gate: live order book, 3 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 BloFin live order book, 3 min ago | 3.99 bp | 15.5 bp −$16 | 28.5 bp −$285 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 5.99 bp | 21.5 bp −$22 | 302.3 bp −$3,023 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack MON_USDC_PERP | −0.0101% | 1h | 0.02509 | +0.372% | $114K | $154K | 10x | as long as short |
| Bybit MONUSDT | −0.0009% | 8h | 0.02509 | +0.360% | $20.6M | $13.7M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02499 | −0.024% | $12K | $355K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02512 | +0.480% | $74K | $135K | 25x | as long as short |
| 01 Exchange MONUSD | +0.0016% | 1h | 0.02511 | +0.436% | $6K | $1K | 5x | as long as short |
| Injective MON/USDC PERP | +0.0039% | 1h | 0.02489 | −0.440% | $5K | $113 | 5.5x | as long as short |
| Aftermath Perps MONUSD | +0.0071% | 1h | 0.02497 | −0.101% | $5K | $94K | 10x | as long as short |
| Orderly PERP_MON_USDC | +0.0083% | 4h | 0.02511 | +0.440% | $16K | $48K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02509 | +0.360% | $817K | $767K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0099% | 8h | 0.02509 | +0.364% | $8K | $42 | 5x | as long as short |
Backpack MON_USDC_PERP
Bybit MONUSDT
Phoenix MON
Deribit MON_USDC-PERPETUAL
01 Exchange MONUSD
Injective MON/USDC PERP
Aftermath Perps MONUSD
Orderly PERP_MON_USDC
Lighter MON
Paradex MON-USD-PERPShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado MON-PERP | +0.0100% | 1h | 0.02514 | +0.544% | $412K | $571K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02514 | +0.552% | $33.7M | $7.6M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02510 | +0.386% | $99K | $221K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02508 | +0.340% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02510 | +0.400% | $139K | $92K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02510 | +0.395% | $23.8M | $27.5M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02509 | +0.360% | $4.2M | $6.2M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02479 | −0.820% | $102K | $1K | 10x | as long as short |
| Gate MON_USDTshort | +0.0100% | 4h | 0.02509 | +0.360% | $941K | $1.0M | 50x | |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02513 | +0.520% | $2.9M | $765K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02511 | +0.440% | $2.7M | $2.3M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02503 | +0.103% | $739K | $410K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02501 | +0.028% | $41K | $251K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02502 | +0.080% | $556K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02503 | +0.120% | $68K | $530K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02511 | +0.440% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02513 | +0.529% | $47K | $283K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02512 | +0.484% | $38K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0231% / S −0.0246% | 1h | 0.02511 | +0.452% | $6K | — | 50x | as long as short |
| BloFin MON-USDTlong | +0.0340% | 4h | 0.02500 | long leg | $1.3M | $346K | 75x | |
| Perpl MON | +0.0447% | 43m | 0.02513 | +0.500% | $114K | $2.2M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0456% | 1h | 0.02515 | +0.580% | $110K | $56K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.1012% | 1h | 0.02514 | +0.549% | $270K | $119K | 10x | as long as short |
Nado MON-PERP
Hyperliquid MON
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
KuCoin MONUSDTM
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
GMX MON/USD [ETH-USDC]
Perpl MON
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD