Funding you earn now, next payment 04:00 UTC+0.0108%/8h= +11.8% APRnext payment +$0.54 per $10,000 · paid last 24h +0.064%
Price spread now: KuCoin against OKX+0.196%7-day average +0.095% · you sell dearer than you buy
Net, funding: paid 7d − costs−$496as in the Funding arb table
Net, price: spread back to 7d avg − costs−$486as in the Price arb table
costs, in and out, $10k−$4964.964% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 7 days−0.196%−$20 · spread now +0.196%, 7d avg +0.095%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.101% dearer against OKX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.095%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX MON-USDT-SWAP | 0.02551 | 0.0100 | pay 0.0050% / 4h | 3h 50m | $4.3M | $5.9M | 50x |
| Short | KuCoin MONUSDTM | 0.02556 | 0.0208 | get 0.0104% / 4h | 3h 50m | $3.0M | $721K | 75x |
OKX MON-USDT-SWAP
KuCoin MONUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against OKX. 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
- $22.68
- Price spread: +0.196% → +0.095%
- $10.11
- Slippage, 4 orders
- −$474.38
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$463.59
- Costs to cover
- 4.964%
- Break-even
- 150.1 days
Slippage from OKX: live order book, 2 min ago; KuCoin: live order book, 7 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, 2 min ago | 1.96 bp | 20.5 bp −$21 | 90.4 bp −$904 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 9.76 bp | 224.8 bp −$225 | 692.5 bp −$6,925 | 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 | −0.0444% | 1h | 0.02556 | +0.196% | $6K | $105 | 5.5x | as long as short |
| Backpack MON_USDC_PERP | −0.0151% | 1h | 0.02554 | +0.102% | $127K | $142K | 10x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02556 | +0.176% | $13K | $351K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02554 | +0.102% | $69K | $119K | 25x | as long as short |
| Bybit MONUSDT | +0.0011% | 8h | 0.02551 | 0.000% | $21.0M | $12.1M | 50x | as long as short |
| 01 Exchange MONUSD | +0.0032% | 1h | 0.02551 | +0.004% | $6K | $1K | 5x | as long as short |
| Orderly PERP_MON_USDC | +0.0070% | 4h | 0.02551 | 0.000% | $17K | $64K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02556 | +0.196% | $849K | $744K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0098% | 8h | 0.02553 | +0.065% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02554 | +0.125% | $389K | $540K | 10x | as long as short |
Injective MON/USDC PERP
Backpack MON_USDC_PERP
Phoenix MON
Deribit MON_USDC-PERPETUAL
Bybit MONUSDT
01 Exchange MONUSD
Orderly PERP_MON_USDC
Lighter MON
Paradex MON-USD-PERP
Nado MON-PERPShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MON | +0.0100% | 1h | 0.02555 | +0.169% | $34.6M | $7.6M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02554 | +0.110% | $106K | $231K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02552 | +0.051% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02554 | +0.110% | $141K | $104K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02553 | +0.078% | $24.4M | $25.5M | 75x | as long as short |
| OKX MON-USDT-SWAPlong | +0.0100% | 4h | 0.02551 | long leg | $4.3M | $5.9M | 50x | |
| Bulk MON-USD | +0.0100% | 1h | 0.02560 | +0.353% | $107K | −$0 | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02552 | +0.039% | $973K | $891K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02554 | +0.118% | $2.7M | $1.9M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02550 | −0.035% | $771K | $407K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02555 | +0.151% | $47K | $244K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02557 | +0.235% | $579K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02555 | +0.157% | $68K | $482K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02553 | +0.078% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02556 | +0.186% | $49K | $420K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02554 | +0.102% | $39K | — | 3x | as long as short |
| Aftermath Perps MONUSD | +0.0129% | 1h | 0.02557 | +0.216% | $3K | $75K | 10x | as long as short |
| KuCoin MONUSDTMshort | +0.0208% | 4h | 0.02556 | +0.196% | $3.0M | $721K | 75x | |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0598% | 1h | 0.02553 | +0.067% | $8K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02552 | +0.039% | $1.3M | $306K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02552 | +0.031% | $123K | $1.8M | 10x | as long as short |
| Kraken Futures PF_MONUSD | +0.0467% | 1h | 0.02556 | +0.203% | $268K | $78K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0808% | 1h | 0.02609 | +2.270% | $115K | $50K | 50x | as long as short |
Hyperliquid MON
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
Bulk MON-USD
Gate MON_USDT
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
Aftermath Perps MONUSD
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Perpl MON
Kraken Futures PF_MONUSD
Coinbase International MON-PERP-INTX