Settings8H · net · $10k
Funding arb · Price arb /

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_MONUSD0.025870.0462pay 0.0058% / 1h14m 32s$272K$78K10x
ShortPerpl MON0.025860.0447get 0.0040% / 43m36m 32s$123K$2.1M10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 58 min ago17.59 bp34.4 bp −$348258.4 bp −$82.6Kdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective MON/USDC PERP−0.0444%1h0.02570−0.659%$6K$1085.5xas long as short
Phoenix MON0.0000%1h0.02563−0.933%$13K$351K5xas long as short
01 Exchange MONUSD+0.0016%1h0.02585−0.083%$6K$1K5xas long as short
Orderly PERP_MON_USDC+0.0063%4h0.02583−0.156%$17K$59K10xas long as short
Bybit MONUSDT+0.0080%8h0.02586−0.052%$21.5M$12.1M50xas long as short
Paradex MON-USD-PERP+0.0091%8h0.02583−0.148%$8K$425xas long as short
Lighter MON+0.0096%1h0.02584−0.117%$861K$755K10xas long as short
Nado MON-PERP+0.0100%1h0.02584−0.114%$397K$526K10xas long as short
Hyperliquid MON+0.0100%1h0.02587−0.013%$35.0M$7.4M5xas long as short
Aster MONUSDT+0.0100%4h0.02583−0.157%$107K$231K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX MON-USD+0.0100%1h0.02581−0.245%$13K5xas long as short
Pacifica MON+0.0100%1h0.02584−0.121%$143K$103K3xas long as short
Binance MONUSDT+0.0100%4h0.02587−0.015%$24.7M$25.3M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02585−0.079%$4.3M$5.8M50xas long as short
Bulk MON-USD+0.0100%1h0.02560−1.029%$106K$4K10xas long as short
Gate MON_USDT+0.0100%4h0.02582−0.195%$972K$923K50xas long as short
Bitget MONUSDT+0.0100%4h0.02583−0.156%$2.8M$1.9M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02585−0.067%$130K$141K10xas long as short
Variational Omni MON+0.0100%8h0.02572−0.597%$773K$411Kas long as short
edgeX MONUSDC+0.0100%4h0.02570−0.674%$44K$248K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02572−0.585%$575K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02573−0.543%$69K$488K50xas long as short
SoDEX MON-USD+0.0100%1h0.02584−0.117%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02585−0.089%$49K$517K10xas long as short
Aevo MON-PERP+0.0104%1h0.02584−0.117%$39K3xas long as short
KuCoin MONUSDTM+0.0126%4h0.02585−0.079%$3.0M$724K75xas long as short
Deribit MON_USDC-PERPETUAL+0.0137%1h0.02586−0.036%$70K$119K25xas long as short
Aftermath Perps MONUSD+0.0204%1h0.02578−0.354%$4K$74K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0261% / S −0.0598%1h0.02585−0.094%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02577−0.388%$1.4M$307K75xas long as short
Perpl MONshort+0.0447%43m0.02586−0.052%$123K$2.1M10x
Kraken Futures PF_MONUSDlong+0.0462%1h0.02587long leg$272K$78K10x
Coinbase International MON-PERP-INTX+0.0808%1h0.02581−0.245%$113K$51K50xas long as short