Funding you earn now, next payment 05:00 UTC−0.0292%/8h= −32.0% APRnext payment −$0.37 per $10,000 · paid last 24h −0.095%
Price spread now: GMX against Kraken Futures−0.240%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 against this trade now: funding costs −$9 a day on $10k at the current rate, and GMX is 0.240% cheaper against Kraken Futures than usual: you would sell low and buy high (−$24 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_MONUSD | 0.02527 | 0.0722 | pay 0.0090% / 1h | 55m 52s | $271K | $113K | 10x |
| Short | GMX MON/USD [ETH-USDC] | 0.02521 | L +0.0260% / S −0.0429% | get 0.0054% / 1h | 55m 52s | $9K | — | 50x |
Kraken Futures PF_MONUSD
GMX MON/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Kraken Futures. 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
- −$61.37
- Price spread: −0.240% → 0.000%
- −$24.04
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$107.42
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 62 min ago; GMX: no order-book sample. 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 Kraken Futures live order book, 62 min ago | 27.79 bp | 40.3 bp −$40 | 8977.2 bp −$89.8K | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 PERP | −0.0203% | 1h | 0.02507 | −0.802% | $5K | $109 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0090% | 8h | 0.02520 | −0.288% | $20.8M | $13.4M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02520 | −0.288% | $12K | $358K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02523 | −0.153% | $74K | $136K | 25x | as long as short |
| Orderly PERP_MON_USDC | +0.0072% | 4h | 0.02523 | −0.169% | $16K | $34K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0096% | 8h | 0.02517 | −0.398% | $8K | $42 | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02526 | −0.051% | $847K | $732K | 10x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02521 | −0.236% | $426K | $579K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02522 | −0.205% | $34.0M | $7.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02522 | −0.196% | $101K | $222K | 10x | as long as short |
Injective MON/USDC PERP
Bybit MONUSDT
Phoenix MON
Deribit MON_USDC-PERPETUAL
Orderly PERP_MON_USDC
Paradex MON-USD-PERP
Lighter MON
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 | 0.02520 | −0.297% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02519 | −0.316% | $139K | $93K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02521 | −0.248% | $24.0M | $26.9M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02523 | −0.169% | $4.2M | $6.0M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02510 | −0.683% | $103K | $5K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02521 | −0.248% | $946K | $977K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02521 | −0.248% | $2.9M | $757K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02521 | −0.248% | $2.7M | $2.2M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02524 | −0.145% | $114K | $151K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02521 | −0.246% | $745K | $410K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02518 | −0.351% | $41K | $249K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02521 | −0.251% | $565K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02520 | −0.288% | $68K | $513K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02523 | −0.169% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02519 | −0.314% | $48K | $519K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02521 | −0.244% | $38K | — | 3x | as long as short |
| 01 Exchange MONUSD | +0.0152% | 1h | 0.02519 | −0.331% | $6K | $1K | 5x | as long as short |
| GMX MON/USD [ETH-USDC]short | L +0.0260% / S −0.0429% | 1h | 0.02521 | −0.240% | $9K | — | 50x | |
| Aftermath Perps MONUSD | +0.0279% | 1h | 0.02519 | −0.339% | $2K | $74K | 10x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02522 | −0.209% | $1.3M | $340K | 75x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0368% | 1h | 0.02524 | −0.130% | $110K | $57K | 50x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02520 | −0.284% | $114K | $2.3M | 10x | as long as short |
| Kraken Futures PF_MONUSDlong | +0.0722% | 1h | 0.02527 | long leg | $271K | $113K | 10x |
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
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
01 Exchange MONUSD
Aftermath Perps MONUSD
BloFin MON-USDT
Coinbase International MON-PERP-INTX
Perpl MON