MON

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0695%/8h= +76.1% APRnext payment +$0.87 per $10,000 · paid last 24h +0.188%

Price spread now: Kraken Futures against ApeX Omni+0.456%7-day average +0.090% · you sell dearer than you buy

Net, funding: paid 7d − costs−$51as in the Funding arb table

Net, price: spread back to 7d avg − costs−$80as in the Price arb table

costs, in and out, $10k−$1171.168% of the position

Long on ApeX Omni Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.656%+$66 on $10k

Price spread, last 4 days (all we have)−0.088%−$9 · spread now +0.456%, 7d avg +0.090%

Together, before fees+0.568%+$57 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and Kraken Futures is 0.366% dearer against ApeX Omni than usual: you sell high and buy low: +$37 more if the spread goes back to its 7-day average of +0.090%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni MONUSDT	0.02505	0.0100	pay 0.0013% / 1h	57m 09s	$68K	$544K	50x
Short	Kraken Futures PF_MONUSD	0.02516	0.0795	get 0.0099% / 1h	57m 09s	$270K	$118K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against ApeX Omni. 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 ApeX OmnibpFee Kraken FuturesbpOrdersPrice spread, now +0.456%Rate

Funding earned: $146.03
Price spread: +0.456% → +0.090%: $36.62
Slippage, 4 orders: −$96.77
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $65.88
Costs to cover: 1.168%
Break-even: 3.8 days

Slippage from ApeX Omni: live order book, 40 min ago; Kraken Futures: live order book, 40 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 ApeX Omni live order book, 40 min ago	10.01 bp	19.2 bp −$19	113.7 bp −$1,137	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 40 min ago	25.97 bp	45.0 bp −$45	459.6 bp −$4,596	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
Backpack MON_USDC_PERP	−0.0369%	1h	0.02516	+0.439%	$110K	$157K	10x	as long as short
Injective MON/USDC PERP	−0.0089%	1h	0.02505	0.000%	$5K	$108	5.5x	as long as short
Phoenix MON	0.0000%	1h	0.02506	+0.048%	$13K	$346K	5x	as long as short
Perpl MON	0.0000%	43m	0.02510	+0.208%	$119K	$2.2M	10x	as long as short
Lighter MON	+0.0096%	1h	0.02516	+0.439%	$808K	$765K	10x	as long as short
Paradex MON-USD-PERP	+0.0100%	8h	0.02509	+0.140%	$8K	$42	5x	as long as short
Hyperliquid MON	+0.0100%	1h	0.02517	+0.483%	$34.0M	$7.8M	5x	as long as short
Aster MONUSDT	+0.0100%	4h	0.02513	+0.302%	$99K	$213K	10x	as long as short
dYdX MON-USD	+0.0100%	1h	0.02507	+0.093%	$13K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02508	+0.120%	$139K	$91K	3x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance MONUSDT	+0.0100%	4h	0.02514	+0.368%	$23.9M	$27.6M	75x	as long as short
Bybit MONUSDT	+0.0100%	8h	0.02513	+0.319%	$21.0M	$13.9M	50x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02513	+0.319%	$4.2M	$6.2M	50x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02513	+0.319%	$940K	$1.0M	50x	as long as short
KuCoin MONUSDTM	+0.0100%	4h	0.02513	+0.319%	$2.9M	$765K	75x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02515	+0.399%	$2.7M	$2.3M	25x	as long as short
Variational Omni MON	+0.0100%	8h	0.02504	−0.053%	$744K	$410K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02502	−0.104%	$41K	$250K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02506	+0.030%	$558K	$1.5M	10x	as long as short
ApeX Omni MONUSDTlong	+0.0100%	1h	0.02505	long leg	$68K	$544K	50x
Nado MON-PERP	+0.0100%	1h	0.02512	+0.278%	$393K	$574K	10x	as long as short
Orderly PERP_MON_USDC	+0.0100%	4h	0.02513	+0.319%	$16K	$42K	10x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02513	+0.319%	$5K	$6K	5x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02505	0.000%	$103K	−$0	10x	as long as short
Extended MON-USD	+0.0104%	1h	0.02516	+0.452%	$50K	$318K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02514	+0.339%	$38K	—	3x	as long as short
Deribit MON_USDC-PERPETUAL	+0.0108%	1h	0.02514	+0.359%	$73K	$137K	25x	as long as short
GMX MON/USD [ETH-USDC]	L +0.0231% / S −0.0246%	1h	0.02514	+0.339%	$6K	—	50x	as long as short
01 Exchange MONUSD	+0.0240%	1h	0.02512	+0.291%	$6K	$3K	5x	as long as short
BloFin MON-USDT	+0.0340%	4h	0.02500	−0.200%	$1.3M	$333K	75x	as long as short
Aftermath Perps MONUSD	+0.0470%	1h	0.02506	+0.059%	$5K	$103K	10x	as long as short
Coinbase International MON-PERP-INTX	+0.0744%	1h	0.02515	+0.403%	$111K	$54K	50x	as long as short
Kraken Futures PF_MONUSDshort	+0.0795%	1h	0.02516	+0.456%	$270K	$118K	10x