Funding you earn now, next payment 04:00 UTC+0.0256%/8h= +28.0% APRnext payment +$1.28 per $10,000 · paid last 24h +0.031%
Price spread now: BloFin against Orderly−0.040%52s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.239%+$24 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. BloFin is 0.040% cheaper against Orderly than usual: you would sell low and buy high (spread −0.040% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 12 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.239% in total) that is about 28 hours. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_MON_USDC | 0.02527 | 0.0084 | pay 0.0042% / 4h | 1h 10m | $16K | $51K | 10x |
| Short | BloFin MON-USDT | 0.02526 | 0.0340 | get 0.0170% / 4h | 1h 10m | $1.3M | $320K | 75x |
Orderly PERP_MON_USDC
BloFin MON-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Orderly. 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
- $53.73
- Price spread: −0.040% → 0.000%
- −$3.96
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $31.77
- Costs to cover
- 0.180%
- Break-even
- 2.9 days
Slippage unknown: Orderly: no order-book sample; BloFin: live order book, 2 min ago. Net counts fees only.
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 Orderly no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 2 min ago | 1.98 bp | 20.9 bp −$21 | 45.7 bp −$457 | 117.6 bp −$11.8K | doesn't fit |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.02528 | +0.047% | $12K | $367K | 5x | as long as short |
| Backpack MON_USDC_PERP | −0.0266% | 1h | 0.02531 | +0.174% | $112K | $152K | 10x | as long as short |
| Injective MON/USDC PERP | −0.0253% | 1h | 0.02528 | +0.040% | $5K | $112 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0138% | 8h | 0.02525 | −0.071% | $20.7M | $13.1M | 50x | as long as short |
| 01 Exchange MONUSD | −0.0080% | 1h | 0.02530 | +0.119% | $6K | $1K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02527 | −0.016% | $105K | $2.3M | 10x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02527 | +0.004% | $68K | $125K | 25x | as long as short |
| Orderly PERP_MON_USDClong | +0.0084% | 4h | 0.02527 | long leg | $16K | $51K | 10x | |
| Lighter MON | +0.0096% | 1h | 0.02531 | +0.158% | $844K | $738K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0099% | 8h | 0.02528 | +0.058% | $8K | $42 | 5x | as long as short |
Phoenix MON
Backpack MON_USDC_PERP
Injective MON/USDC PERP
Bybit MONUSDT
01 Exchange MONUSD
Perpl MON
Deribit MON_USDC-PERPETUAL
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 | 0.02532 | +0.200% | $412K | $544K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02530 | +0.127% | $34.2M | $7.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02528 | +0.059% | $101K | $222K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02530 | +0.128% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02530 | +0.111% | $140K | $93K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02527 | +0.014% | $24.0M | $26.6M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02526 | −0.040% | $4.2M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02520 | −0.260% | $103K | $5K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02528 | +0.040% | $953K | $965K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02530 | +0.119% | $2.9M | $743K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02530 | +0.119% | $2.7M | $2.1M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02523 | −0.158% | $749K | $405K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02525 | −0.072% | $41K | $249K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02526 | −0.041% | $565K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02524 | −0.119% | $68K | $504K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02527 | 0.000% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02528 | +0.025% | $48K | $513K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02527 | 0.000% | $38K | — | 3x | as long as short |
| Aftermath Perps MONUSD | +0.0256% | 1h | 0.02528 | +0.059% | $2K | $74K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02526 | −0.024% | $9K | — | 50x | as long as short |
| BloFin MON-USDTshort | +0.0340% | 4h | 0.02526 | −0.040% | $1.3M | $320K | 75x | |
| Kraken Futures PF_MONUSD | +0.0492% | 1h | 0.02531 | +0.162% | $270K | $113K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0536% | 1h | 0.02534 | +0.277% | $112K | $57K | 50x | as long as short |
Nado MON-PERP
Hyperliquid MON
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
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]
Kraken Futures PF_MONUSD
Coinbase International MON-PERP-INTX