Funding you earn now, next payment 01:00 UTC+0.0907%/8h= +99.3% APRnext payment +$1.13 per $10,000 · paid last 24h +0.198%
Price spread now: Kraken Futures against Injective+0.946%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and Kraken Futures is 0.946% dearer against Injective than usual: you sell high and buy low: +$95 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective MON/USDC PERP | 0.02556 | −0.0444 | get 0.0055% / 1h | 39m 01s | $6K | $105 | 5.5x |
| Short | Kraken Futures PF_MONUSD | 0.02580 | 0.0463 | get 0.0058% / 1h | 39m 01s | $271K | $78K | 10x |
Injective MON/USDC PERP
Kraken Futures PF_MONUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Injective. 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
- $190.39
- Price spread: +0.946% → 0.000%
- $94.55
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $274.92
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Kraken Futures: live order book, 34 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 Injective no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 34 min ago | 17.59 bp | 27.5 bp −$28 | 510.4 bp −$5,104 | doesn't fit | doesn't fit |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective MON/USDC PERPlong | −0.0444% | 1h | 0.02556 | long leg | $6K | $105 | 5.5x | |
| Phoenix MON | 0.0000% | 1h | 0.02587 | +1.197% | $13K | $351K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02579 | +0.904% | $70K | $119K | 25x | as long as short |
| Orderly PERP_MON_USDC | +0.0069% | 4h | 0.02581 | +0.978% | $17K | $64K | 10x | as long as short |
| 01 Exchange MONUSD | +0.0072% | 1h | 0.02579 | +0.908% | $6K | $1K | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02579 | +0.900% | $857K | $751K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0098% | 8h | 0.02580 | +0.929% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02584 | +1.080% | $394K | $537K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02581 | +0.970% | $35.1M | $7.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02581 | +0.985% | $107K | $231K | 10x | as long as short |
Phoenix MON
Deribit MON_USDC-PERPETUAL
Orderly PERP_MON_USDC
01 Exchange MONUSD
Lighter MON
Paradex MON-USD-PERP
Nado MON-PERP
Hyperliquid MON
Aster MONUSDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX MON-USD | +0.0100% | 1h | 0.02589 | +1.303% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02586 | +1.182% | $143K | $104K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02576 | +0.782% | $24.6M | $25.7M | 75x | as long as short |
| Bybit MONUSDT | +0.0100% | 8h | 0.02575 | +0.743% | $21.3M | $12.2M | 50x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02573 | +0.665% | $4.3M | $6.0M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02550 | −0.235% | $105K | $2K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02578 | +0.861% | $984K | $902K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02578 | +0.861% | $2.7M | $1.9M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02577 | +0.814% | $128K | $141K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02584 | +1.099% | $782K | $407K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02586 | +1.164% | $44K | $247K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02592 | +1.410% | $587K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02586 | +1.174% | $69K | $484K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02577 | +0.822% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02584 | +1.110% | $50K | $482K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02577 | +0.810% | $39K | — | 3x | as long as short |
| Aftermath Perps MONUSD | +0.0108% | 1h | 0.02579 | +0.882% | $3K | $76K | 10x | as long as short |
| KuCoin MONUSDTM | +0.0170% | 4h | 0.02583 | +1.056% | $3.0M | $724K | 75x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0261% / S −0.0598% | 1h | 0.02579 | +0.919% | $9K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02580 | +0.939% | $1.3M | $309K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02579 | +0.908% | $129K | $1.9M | 10x | as long as short |
| Kraken Futures PF_MONUSDshort | +0.0463% | 1h | 0.02580 | +0.946% | $271K | $78K | 10x | |
| Coinbase International MON-PERP-INTX | +0.0808% | 1h | 0.02596 | +1.565% | $114K | $50K | 50x | as long as short |
dYdX MON-USD
Pacifica MON
Binance MONUSDT
Bybit MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
Bitget MONUSDT
Backpack MON_USDC_PERP
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
Aftermath Perps MONUSD
KuCoin MONUSDTM
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Perpl MON
Coinbase International MON-PERP-INTX