Funding you earn now, next payment 00:12 UTC−0.0015%/8h= −1.7% APRpaid last 24h −0.221%
Price spread now: Perpl against Kraken Futures−0.052%7-day average −0.064% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.324%−$32 on $10k
+Price spread, last 3 days (all we have)−0.226%−$23 · spread now −0.052%, 7d avg −0.064%
=Together, before fees−0.550%+ Points / potential airdropPerpl: Active · farm board−$55 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.064%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_MONUSD | 0.02587 | 0.0462 | pay 0.0058% / 1h | 14m 32s | $272K | $78K | 10x |
| Short | Perpl MON | 0.02586 | 0.0447 | get 0.0040% / 43m | 36m 32s | $123K | $2.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Perpl 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
- −$3.21
- Price spread: −0.052% → −0.064%
- $1.25
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Net
- −$25.76
- Costs to cover
- 0.238%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 58 min ago; Perpl: 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, 58 min ago | 17.59 bp | 34.4 bp −$34 | 8258.4 bp −$82.6K | doesn't fit | doesn't fit |
| Sell Perpl no order-book sample | — | — | — | — | — |
Perpl: 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 | −0.0444% | 1h | 0.02570 | −0.659% | $6K | $108 | 5.5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02563 | −0.933% | $13K | $351K | 5x | as long as short |
| 01 Exchange MONUSD | +0.0016% | 1h | 0.02585 | −0.083% | $6K | $1K | 5x | as long as short |
| Orderly PERP_MON_USDC | +0.0063% | 4h | 0.02583 | −0.156% | $17K | $59K | 10x | as long as short |
| Bybit MONUSDT | +0.0080% | 8h | 0.02586 | −0.052% | $21.5M | $12.1M | 50x | as long as short |
| Paradex MON-USD-PERP | +0.0091% | 8h | 0.02583 | −0.148% | $8K | $42 | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02584 | −0.117% | $861K | $755K | 10x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02584 | −0.114% | $397K | $526K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02587 | −0.013% | $35.0M | $7.4M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02583 | −0.157% | $107K | $231K | 10x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX MON-USD | +0.0100% | 1h | 0.02581 | −0.245% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02584 | −0.121% | $143K | $103K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02587 | −0.015% | $24.7M | $25.3M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02585 | −0.079% | $4.3M | $5.8M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02560 | −1.029% | $106K | $4K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02582 | −0.195% | $972K | $923K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02583 | −0.156% | $2.8M | $1.9M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02585 | −0.067% | $130K | $141K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02572 | −0.597% | $773K | $411K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02570 | −0.674% | $44K | $248K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02572 | −0.585% | $575K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02573 | −0.543% | $69K | $488K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02584 | −0.117% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02585 | −0.089% | $49K | $517K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02584 | −0.117% | $39K | — | 3x | as long as short |
| KuCoin MONUSDTM | +0.0126% | 4h | 0.02585 | −0.079% | $3.0M | $724K | 75x | as long as short |
| Deribit MON_USDC-PERPETUAL | +0.0137% | 1h | 0.02586 | −0.036% | $70K | $119K | 25x | as long as short |
| Aftermath Perps MONUSD | +0.0204% | 1h | 0.02578 | −0.354% | $4K | $74K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0261% / S −0.0598% | 1h | 0.02585 | −0.094% | $9K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02577 | −0.388% | $1.4M | $307K | 75x | as long as short |
| Perpl MONshort | +0.0447% | 43m | 0.02586 | −0.052% | $123K | $2.1M | 10x | |
| Kraken Futures PF_MONUSDlong | +0.0462% | 1h | 0.02587 | long leg | $272K | $78K | 10x | |
| Coinbase International MON-PERP-INTX | +0.0808% | 1h | 0.02581 | −0.245% | $113K | $51K | 50x | as long as short |
Kraken Futures PF_MONUSD
Injective MON/USDC PERP
Phoenix MON
01 Exchange MONUSD
Bybit MONUSDT
Paradex MON-USD-PERP
Lighter MON
Hyperliquid MON
Aster MONUSDT
Pacifica MON
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
KuCoin MONUSDTM
Deribit MON_USDC-PERPETUAL
Aftermath Perps MONUSD
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Coinbase International MON-PERP-INTX