MON

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0196%/8h= −21.5% APRnext payment −$0.98 per $10,000 · paid last 24h −0.057%

Price spread now: Aster against KuCoin−0.177%7-day average −0.054% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$185as in the Price arb table

costs, in and out, $10k−$1731.727% of the position

Long on KuCoin Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.057%−$6 on $10k

Price spread, last 4 days (all we have)+0.252%+$25 · spread now −0.177%, 7d avg −0.054%

Together, before fees+0.195%+ Points / potential airdropAster: Stage 5 · farm board+$19 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Aster is 0.124% cheaper against KuCoin than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.054%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.057% in total (about -3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.98 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MONUSDTM	0.02581	0.0296	pay 0.0148% / 4h	1h 18m	$3.2M	$695K	75x
Short	Aster MONUSDT	0.02576	0.0100	get 0.0050% / 4h	1h 18m	$108K	$231K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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 KuCoinbpFee AsterbpOrdersPrice spread, now −0.177%Rate

Funding earned: −$41.16
Price spread: −0.177% → −0.054%: −$12.36
Slippage, 4 orders: −$152.71
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$226.23
Costs to cover: 1.727%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 min ago; Aster: live order book, 63 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 KuCoin live order book, 4 min ago	9.67 bp	56.0 bp −$56	662.9 bp −$6,629	doesn't fit	doesn't fit
Sell Aster live order book, 63 min ago	17.30 bp	32.9 bp −$33	doesn't fit	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
Injective MON/USDC PERP	−0.0053%	1h	0.02582	+0.039%	$6K	$108	5.5x	as long as short
Bybit MONUSDT	−0.0053%	8h	0.02571	−0.387%	$21.4M	$11.7M	50x	as long as short
01 Exchange MONUSD	0.0000%	1h	0.02575	−0.240%	$6K	$1K	5x	as long as short
Phoenix MON	0.0000%	1h	0.02577	−0.170%	$13K	$362K	5x	as long as short
Perpl MON	0.0000%	43m	0.02576	−0.182%	$143K	$1.8M	10x	as long as short
Deribit MON_USDC-PERPETUAL	0.0000%	1h	0.02576	−0.174%	$70K	$119K	25x	as long as short
Aftermath Perps MONUSD	+0.0020%	1h	0.02577	−0.138%	$2K	$73K	10x	as long as short
Orderly PERP_MON_USDC	+0.0067%	4h	0.02574	−0.271%	$17K	$64K	10x	as long as short
Paradex MON-USD-PERP	+0.0084%	8h	0.02574	−0.260%	$8K	$42	5x	as long as short
Lighter MON	+0.0096%	1h	0.02575	−0.232%	$853K	$773K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado MON-PERP	+0.0100%	1h	0.02579	−0.072%	$388K	$539K	10x	as long as short
Hyperliquid MON	+0.0100%	1h	0.02578	−0.116%	$34.9M	$7.4M	5x	as long as short
Aster MONUSDTshort	+0.0100%	4h	0.02576	−0.177%	$108K	$231K	10x
dYdX MON-USD	+0.0100%	1h	0.02579	−0.068%	$13K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02577	−0.167%	$142K	$104K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02574	−0.271%	$24.5M	$24.6M	75x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02572	−0.349%	$4.4M	$5.9M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02578	−0.133%	$108K	$3K	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02575	−0.232%	$999K	$872K	50x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02576	−0.194%	$2.7M	$1.8M	25x	as long as short
Backpack MON_USDC_PERP	+0.0100%	1h	0.02575	−0.252%	$128K	$143K	10x	as long as short
Variational Omni MON	+0.0100%	8h	0.02575	−0.245%	$780K	$407K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02577	−0.137%	$47K	$243K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02579	−0.077%	$579K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02578	−0.116%	$69K	$480K	50x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02575	−0.232%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02579	−0.080%	$52K	$407K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02574	−0.260%	$39K	—	3x	as long as short
Kraken Futures PF_MONUSD	+0.0174%	1h	0.02579	−0.075%	$271K	$78K	10x	as long as short
GMX MON/USD [ETH-USDC]	L +0.0260% / S −0.0598%	1h	0.02576	−0.178%	$9K	—	50x	as long as short
KuCoin MONUSDTMlong	+0.0296%	4h	0.02581	long leg	$3.2M	$695K	75x
BloFin MON-USDT	+0.0340%	4h	0.02577	−0.155%	$1.3M	$293K	75x	as long as short
Coinbase International MON-PERP-INTX	+0.0536%	1h	0.02607	+0.996%	$114K	$49K	50x	as long as short