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 +0.035%

Price spread now: BloFin against OKX+0.162%7-day average +0.066% · you sell dearer than you buy

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$660.655% of the position

Long on OKX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.191%+$19 on $10k

Price spread, last 4 days (all we have)+0.102%+$10 · spread now +0.162%, 7d avg +0.066%

Together, before fees+0.293%+$29 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.096% dearer against OKX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.066%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX MON-USDT-SWAP	0.02470	0.0100	pay 0.0050% / 4h	2h 28m	$4.1M	$6.0M	50x
Short	BloFin MON-USDT	0.02474	0.0340	get 0.0170% / 4h	2h 28m	$1.3M	$346K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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 OKXbpFee BloFinbpOrdersPrice spread, now +0.162%Rate

Funding earned: $50.4
Price spread: +0.162% → +0.066%: $9.62
Slippage, 4 orders: −$43.54
Fee OKX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$5.52
Costs to cover: 0.655%
Break-even: 7.8 days

Slippage from OKX: live order book, 4 min ago; BloFin: live order book, 4 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 OKX live order book, 4 min ago	2.02 bp	18.0 bp −$18	81.0 bp −$810	doesn't fit	doesn't fit
Sell BloFin live order book, 4 min ago	4.04 bp	17.3 bp −$17	50.1 bp −$501	154.8 bp −$15.5K	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	−0.0125%	1h	0.02475	+0.219%	$115K	$155K	10x	as long as short
Bybit MONUSDT	−0.0011%	8h	0.02470	0.000%	$20.3M	$13.6M	50x	as long as short
Phoenix MON	0.0000%	1h	0.02476	+0.243%	$12K	$355K	5x	as long as short
Deribit MON_USDC-PERPETUAL	0.0000%	1h	0.02476	+0.259%	$73K	$136K	25x	as long as short
01 Exchange MONUSD	+0.0024%	1h	0.02480	+0.409%	$6K	$1K	5x	as long as short
Injective MON/USDC PERP	+0.0039%	1h	0.02489	+0.769%	$5K	$113	5.5x	as long as short
Orderly PERP_MON_USDC	+0.0083%	4h	0.02476	+0.243%	$16K	$48K	10x	as long as short
Lighter MON	+0.0096%	1h	0.02474	+0.162%	$815K	$755K	10x	as long as short
Paradex MON-USD-PERP	+0.0100%	8h	0.02474	+0.150%	$7K	$42	5x	as long as short
Nado MON-PERP	+0.0100%	1h	0.02480	+0.424%	$410K	$569K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid MON	+0.0100%	1h	0.02473	+0.138%	$33.1M	$7.6M	5x	as long as short
Aster MONUSDT	+0.0100%	4h	0.02474	+0.156%	$99K	$221K	10x	as long as short
dYdX MON-USD	+0.0100%	1h	0.02478	+0.330%	$12K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02476	+0.243%	$137K	$92K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02470	+0.009%	$23.5M	$27.3M	75x	as long as short
OKX MON-USDT-SWAPlong	+0.0100%	4h	0.02470	long leg	$4.1M	$6.0M	50x
Bulk MON-USD	+0.0100%	1h	0.02475	+0.202%	$102K	$1K	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02474	+0.162%	$926K	$1.0M	50x	as long as short
KuCoin MONUSDTM	+0.0100%	4h	0.02478	+0.324%	$2.8M	$764K	75x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02474	+0.162%	$2.7M	$2.2M	25x	as long as short
Variational Omni MON	+0.0100%	8h	0.02473	+0.106%	$732K	$407K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02473	+0.122%	$41K	$251K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02478	+0.324%	$558K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02477	+0.283%	$67K	$527K	50x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02474	+0.162%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02472	+0.092%	$47K	$288K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02474	+0.174%	$37K	—	3x	as long as short
GMX MON/USD [ETH-USDC]	L +0.0230% / S −0.0246%	1h	0.02478	+0.320%	$6K	—	50x	as long as short
Aftermath Perps MONUSD	+0.0235%	1h	0.02480	+0.423%	$5K	$81K	10x	as long as short
BloFin MON-USDTshort	+0.0340%	4h	0.02474	+0.162%	$1.3M	$346K	75x
Perpl MON	+0.0447%	43m	0.02479	+0.364%	$113K	$2.2M	10x	as long as short
Coinbase International MON-PERP-INTX	+0.0456%	1h	0.02530	+2.429%	$110K	$54K	50x	as long as short
Kraken Futures PF_MONUSD	+0.1027%	1h	0.02477	+0.298%	$266K	$119K	10x	as long as short