Funding you earn now, next payment 04:00 UTC+0.0439%/8h= +48.1% APRnext payment +$0.55 per $10,000 · paid last 24h +0.178%
Price spread now: Kraken Futures against Extended+0.002%7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1351.346% of the position
Funding, last 7 days+0.555%+$56 on $10k
+Price spread, last 4 days (all we have)+0.241%+$24 · spread now +0.002%, 7d avg −0.015%
=Together, before fees+0.796%+ Points / potential airdropExtended: Active · farm board+$80 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.015%, so right now this pair is about funding alone: +$13 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended MON-USD | 0.02508 | 0.0104 | pay 0.0013% / 1h | 49m 49s | $52K | $517K | 10x |
| Short | Kraken Futures PF_MONUSD | 0.02508 | 0.0543 | get 0.0068% / 1h | 49m 49s | $269K | $117K | 10x |
Extended MON-USD
Kraken Futures PF_MONUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Extended. 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
- $92.21
- Price spread: +0.002% → −0.015%
- $1.68
- Slippage, 4 orders
- −$119.63
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$40.73
- Costs to cover
- 1.346%
- Break-even
- 10.1 days
Slippage from Extended: live order book, 8 min ago; Kraken Futures: live order book, 8 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 Extended live order book, 8 min ago | 5.98 bp | 28.9 bp −$29 | 243.8 bp −$2,438 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 8 min ago | 27.79 bp | 36.4 bp −$36 | 457.6 bp −$4,576 | 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 | −0.0426% | 1h | 0.02509 | +0.038% | $112K | $151K | 10x | as long as short |
| 01 Exchange MONUSD | −0.0376% | 1h | 0.02502 | −0.233% | $6K | $1K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | −0.0348% | 1h | 0.02509 | +0.022% | $71K | $131K | 25x | as long as short |
| Injective MON/USDC PERP | −0.0176% | 1h | 0.02517 | +0.345% | $5K | $109 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0142% | 8h | 0.02503 | −0.221% | $20.6M | $13.2M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02520 | +0.468% | $12K | $359K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02509 | +0.030% | $107K | $2.3M | 10x | as long as short |
| Orderly PERP_MON_USDC | +0.0078% | 4h | 0.02508 | −0.014% | $16K | $41K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0094% | 8h | 0.02508 | −0.010% | $8K | $42 | 5x | as long as short |
| Variational Omni MON | +0.0095% | 8h | 0.02507 | −0.072% | $743K | $407K | — | as long as short |
Backpack MON_USDC_PERP
01 Exchange MONUSD
Deribit MON_USDC-PERPETUAL
Injective MON/USDC PERP
Bybit MONUSDT
Phoenix MON
Perpl MON
Orderly PERP_MON_USDC
Paradex MON-USD-PERP
Variational Omni MONShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter MON | +0.0096% | 1h | 0.02508 | −0.014% | $836K | $735K | 10x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02510 | +0.054% | $425K | $553K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02510 | +0.070% | $33.9M | $7.4M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02512 | +0.159% | $101K | $222K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02512 | +0.140% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02510 | +0.066% | $139K | $92K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02505 | −0.134% | $23.8M | $26.6M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02504 | −0.174% | $4.2M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02515 | +0.252% | $103K | $5K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02505 | −0.134% | $949K | $968K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02508 | −0.014% | $2.8M | $747K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02507 | −0.054% | $2.7M | $2.1M | 25x | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02514 | +0.235% | $41K | $250K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02516 | +0.305% | $563K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02517 | +0.345% | $68K | $505K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02506 | −0.094% | $5K | $6K | 5x | as long as short |
| Extended MON-USDlong | +0.0104% | 1h | 0.02508 | long leg | $52K | $517K | 10x | |
| Aevo MON-PERP | +0.0104% | 1h | 0.02509 | +0.010% | $38K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02510 | +0.078% | $9K | — | 50x | as long as short |
| Aftermath Perps MONUSD | +0.0276% | 1h | 0.02516 | +0.316% | $2K | $74K | 10x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02511 | +0.105% | $1.3M | $325K | 75x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0408% | 1h | 0.02514 | +0.205% | $110K | $57K | 50x | as long as short |
| Kraken Futures PF_MONUSDshort | +0.0543% | 1h | 0.02508 | +0.002% | $269K | $117K | 10x |
Lighter MON
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
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Aevo MON-PERP
GMX MON/USD [ETH-USDC]
Aftermath Perps MONUSD
BloFin MON-USDT
Coinbase International MON-PERP-INTX