MON

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h −0.030%

Price spread now: BloFin against KuCoin−0.280%7-day average −0.066% · you buy dearer than you sell

Net, funding: paid 7d − costs−$107as in the Funding arb table

Net, price: spread back to 7d avg − costs−$146as in the Price arb table

costs, in and out, $10k−$1241.244% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.171%+$17 on $10k

Price spread, last 4 days (all we have)+0.425%+$43 · spread now −0.280%, 7d avg −0.066%

Together, before fees+0.596%+$60 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.214% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.280% now, against its 7-day average of −0.066%). If the spread goes back, that is −$21 on $10k: about 3.0 days of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.171% in total) that is about 8.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MONUSDTM	0.02504	0.0100	pay 0.0050% / 4h	1h 20m	$2.9M	$767K	75x
Short	BloFin MON-USDT	0.02497	0.0340	get 0.0170% / 4h	1h 20m	$1.3M	$347K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.280%Rate

Funding earned: $50.4
Price spread: −0.280% → −0.066%: −$21.38
Slippage, 4 orders: −$100.4
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$95.38
Costs to cover: 1.244%
Break-even: 20.2 days

Slippage from KuCoin: live order book, 6 min ago; BloFin: live order book, 2 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, 6 min ago	14.01 bp	36.0 bp −$36	894.6 bp −$8,946	doesn't fit	doesn't fit
Sell BloFin live order book, 2 min ago	4.01 bp	13.7 bp −$14	38.7 bp −$387	124.1 bp −$12.4K	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	0.0000%	1h	0.02500	−0.140%	$13K	$353K	5x	as long as short
Bybit MONUSDT	+0.0081%	8h	0.02498	−0.240%	$20.6M	$13.7M	50x	as long as short
Orderly PERP_MON_USDC	+0.0085%	4h	0.02499	−0.200%	$16K	$48K	10x	as long as short
Lighter MON	+0.0096%	1h	0.02503	−0.040%	$803K	$787K	10x	as long as short
Paradex MON-USD-PERP	+0.0100%	8h	0.02500	−0.145%	$8K	$42	5x	as long as short
Nado MON-PERP	+0.0100%	1h	0.02503	−0.027%	$393K	$576K	10x	as long as short
Aster MONUSDT	+0.0100%	4h	0.02500	−0.167%	$99K	$213K	10x	as long as short
dYdX MON-USD	+0.0100%	1h	0.02497	−0.280%	$12K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02501	−0.116%	$138K	$91K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02500	−0.170%	$23.7M	$27.6M	75x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX MON-USDT-SWAP	+0.0100%	4h	0.02500	−0.160%	$4.2M	$6.2M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02500	−0.160%	$103K	−$0	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02500	−0.160%	$932K	$1.0M	50x	as long as short
KuCoin MONUSDTMlong	+0.0100%	4h	0.02504	long leg	$2.9M	$767K	75x
Bitget MONUSDT	+0.0100%	4h	0.02503	−0.040%	$2.7M	$2.3M	25x	as long as short
Backpack MON_USDC_PERP	+0.0100%	1h	0.02501	−0.120%	$110K	$156K	10x	as long as short
Variational Omni MON	+0.0100%	8h	0.02496	−0.337%	$740K	$411K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02497	−0.269%	$41K	$250K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02499	−0.200%	$564K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02497	−0.280%	$68K	$534K	50x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02498	−0.240%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02504	+0.013%	$47K	$268K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02498	−0.260%	$38K	—	3x	as long as short
Injective MON/USDC PERP	+0.0109%	1h	0.02489	−0.599%	$5K	$111	5.5x	as long as short
GMX MON/USD [ETH-USDC]	L +0.0230% / S −0.0246%	1h	0.02498	−0.248%	$6K	—	50x	as long as short
01 Exchange MONUSD	+0.0264%	1h	0.02504	0.000%	$6K	$3K	5x	as long as short
Aftermath Perps MONUSD	+0.0307%	1h	0.02498	−0.257%	$6K	$100K	10x	as long as short
Deribit MON_USDC-PERPETUAL	+0.0311%	1h	0.02499	−0.204%	$72K	$138K	25x	as long as short
BloFin MON-USDTshort	+0.0340%	4h	0.02497	−0.280%	$1.3M	$347K	75x
Hyperliquid MON	+0.0393%	1h	0.02502	−0.088%	$33.8M	$7.8M	5x	as long as short
Perpl MON	+0.0447%	43m	0.02500	−0.156%	$126K	$2.2M	10x	as long as short
Coinbase International MON-PERP-INTX	+0.0576%	1h	0.02504	0.000%	$110K	$54K	50x	as long as short
Kraken Futures PF_MONUSD	+0.0845%	1h	0.02501	−0.111%	$269K	$119K	10x	as long as short