Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.024%
Price spread now: BloFin against Gate+0.079%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$800.802% of the position
Funding, last 7 days+0.199%+$20 on $10k
+Price spread, last 4 days (all we have)+0.694%+$69 · spread now +0.079%, 7d avg +0.023%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.056% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MON_USDT | 0.02537 | 0.0100 | pay 0.0050% / 4h | 1h 31m | $956K | $926K | 50x |
| Short | BloFin MON-USDT | 0.02539 | 0.0340 | get 0.0170% / 4h | 1h 31m | $1.3M | $322K | 75x |
Gate MON_USDT
BloFin MON-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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: +0.079% → +0.023%
- $5.55
- Slippage, 4 orders
- −$53.24
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$24.29
- Costs to cover
- 0.802%
- Break-even
- 10.4 days
Slippage from Gate: live order book, 31 min ago; BloFin: live order book, 1 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 Gate live order book, 31 min ago | 3.94 bp | 21.1 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 1 min ago | 9.87 bp | 19.1 bp −$19 | 34.9 bp −$349 | 130.1 bp −$13.0K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix MON | −0.0316% | 1h | 0.02535 | −0.075% | $13K | $367K | 5x | as long as short |
| Injective MON/USDC PERP | −0.0253% | 1h | 0.02535 | −0.079% | $6K | $111 | 5.5x | as long as short |
| Backpack MON_USDC_PERP | −0.0248% | 1h | 0.02533 | −0.146% | $114K | $151K | 10x | as long as short |
| Bybit MONUSDT | −0.0145% | 8h | 0.02537 | 0.000% | $20.8M | $12.9M | 50x | as long as short |
| 01 Exchange MONUSD | 0.0000% | 1h | 0.02541 | +0.150% | $6K | $1K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02541 | +0.169% | $105K | $2.3M | 10x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02540 | +0.122% | $69K | $125K | 25x | as long as short |
| Orderly PERP_MON_USDC | +0.0084% | 4h | 0.02539 | +0.079% | $16K | $51K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02542 | +0.197% | $847K | $738K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0099% | 8h | 0.02538 | +0.059% | $8K | $42 | 5x | as long as short |
Phoenix MON
Injective MON/USDC PERP
Backpack MON_USDC_PERP
Bybit MONUSDT
01 Exchange MONUSD
Perpl MON
Deribit MON_USDC-PERPETUAL
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 | 0.02541 | +0.171% | $409K | $541K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02541 | +0.154% | $34.4M | $7.4M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02537 | −0.002% | $101K | $229K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02536 | −0.051% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02537 | +0.016% | $140K | $93K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02539 | +0.079% | $24.2M | $26.1M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02537 | 0.000% | $4.2M | $5.9M | 50x | as long as short |
| Gate MON_USDTlong | +0.0100% | 4h | 0.02537 | long leg | $956K | $926K | 50x | |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02536 | −0.039% | $2.9M | $742K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02540 | +0.118% | $2.7M | $2.0M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02531 | −0.256% | $752K | $405K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02534 | −0.136% | $42K | $250K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02537 | −0.005% | $568K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02536 | −0.039% | $68K | $501K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02539 | +0.079% | $5K | $6K | 5x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02530 | −0.276% | $105K | $4K | 10x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02540 | +0.135% | $50K | $516K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02539 | +0.087% | $38K | — | 3x | as long as short |
| Aftermath Perps MONUSD | +0.0245% | 1h | 0.02534 | −0.133% | $2K | $74K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02539 | +0.087% | $9K | — | 50x | as long as short |
| BloFin MON-USDTshort | +0.0340% | 4h | 0.02539 | +0.079% | $1.3M | $322K | 75x | |
| Kraken Futures PF_MONUSD | +0.0489% | 1h | 0.02542 | +0.179% | $271K | $100K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0536% | 1h | 0.02542 | +0.177% | $111K | $52K | 50x | as long as short |
Nado MON-PERP
Hyperliquid MON
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
KuCoin MONUSDTM
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Bulk MON-USD
Extended MON-USD
Aevo MON-PERP
Aftermath Perps MONUSD
GMX MON/USD [ETH-USDC]
Kraken Futures PF_MONUSD
Coinbase International MON-PERP-INTX