Funding you earn now, next payment 00:00 UTC−0.0320%/8h= −35.0% APRnext payment −$0.40 per $10,000 · paid last 24h −0.195%
Price spread now: Pacifica against Kraken Futures−0.097%7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1031.034% of the position
Funding, last 7 days−0.486%−$49 on $10k
+Price spread, last 3 days (all we have)−0.290%−$29 · spread now −0.097%, 7d avg −0.073%
=Together, before fees−0.776%+ Points / potential airdropPacifica: Active · farm board−$78 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Pacifica is 0.024% cheaper against Kraken Futures than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.073%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_MONUSD | 0.02572 | 0.0420 | pay 0.0053% / 1h | 28m 18s | $270K | $78K | 10x |
| Short | Pacifica MON | 0.02570 | 0.0100 | get 0.0013% / 1h | 28m 18s | $142K | $105K | 3x |
Kraken Futures PF_MONUSD
Pacifica MONFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- −$67.21
- Price spread: −0.097% → −0.073%
- −$2.4
- Slippage, 4 orders
- −$85.41
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$173.01
- Costs to cover
- 1.034%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 49 min ago; Pacifica: live order book, 49 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 Kraken Futures live order book, 49 min ago | 21.33 bp | 32.6 bp −$33 | 7808.6 bp −$78.1K | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 49 min ago | 3.88 bp | 20.1 bp −$20 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective MON/USDC PERP | −0.0121% | 1h | 0.02576 | +0.137% | $6K | $107 | 5.5x | as long as short |
| 01 Exchange MONUSD | −0.0072% | 1h | 0.02569 | −0.136% | $6K | $1K | 5x | as long as short |
| Bybit MONUSDT | −0.0033% | 8h | 0.02566 | −0.237% | $21.3M | $12.0M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02576 | +0.144% | $13K | $360K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02569 | −0.116% | $69K | $119K | 25x | as long as short |
| Orderly PERP_MON_USDC | +0.0068% | 4h | 0.02568 | −0.174% | $17K | $64K | 10x | as long as short |
| Aftermath Perps MONUSD | +0.0084% | 1h | 0.02574 | +0.077% | $2K | $75K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0095% | 8h | 0.02568 | −0.169% | $8K | $42 | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02570 | −0.097% | $853K | $793K | 10x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02574 | +0.071% | $392K | $544K | 10x | as long as short |
Injective MON/USDC PERP
01 Exchange MONUSD
Bybit MONUSDT
Phoenix MON
Deribit MON_USDC-PERPETUAL
Orderly PERP_MON_USDC
Aftermath Perps MONUSD
Paradex MON-USD-PERP
Lighter MON
Nado MON-PERPShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MON | +0.0100% | 1h | 0.02573 | +0.024% | $34.8M | $7.6M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02568 | −0.174% | $108K | $231K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02570 | −0.103% | $13K | — | 5x | as long as short |
| Pacifica MONshort | +0.0100% | 1h | 0.02570 | −0.097% | $142K | $105K | 3x | |
| Binance MONUSDT | +0.0100% | 4h | 0.02568 | −0.191% | $24.5M | $25.4M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02566 | −0.252% | $4.3M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02570 | −0.097% | $108K | $390 | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02569 | −0.136% | $978K | $909K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02570 | −0.097% | $2.7M | $1.9M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02571 | −0.054% | $128K | $141K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02568 | −0.167% | $778K | $408K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02574 | +0.057% | $47K | $244K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02573 | +0.020% | $583K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02575 | +0.098% | $69K | $481K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02568 | −0.174% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02573 | +0.025% | $52K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02568 | −0.155% | $39K | — | 3x | as long as short |
| KuCoin MONUSDTM | +0.0254% | 4h | 0.02573 | +0.020% | $3.0M | $716K | 75x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0598% | 1h | 0.02569 | −0.128% | $8K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02570 | −0.097% | $1.4M | $308K | 75x | as long as short |
| Kraken Futures PF_MONUSDlong | +0.0420% | 1h | 0.02572 | long leg | $270K | $78K | 10x | |
| Perpl MON | +0.0447% | 43m | 0.02569 | −0.124% | $125K | $1.8M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0480% | 1h | 0.02609 | +1.415% | $115K | $50K | 50x | as long as short |
Hyperliquid MON
Aster MONUSDT
dYdX MON-USD
Binance 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
KuCoin MONUSDTM
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Perpl MON
Coinbase International MON-PERP-INTX