MON

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0366%/8h= +40.0% APRnext payment +$0.46 per $10,000 · paid last 24h +0.190%

Price spread now: Kraken Futures against Nado+0.017%7-day average −0.045% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$75as in the Price arb table

costs, in and out, $10k−$810.812% of the position

Long on Nado Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.566%+$57 on $10k

Price spread, last 3 days (all we have)+0.172%+$17 · spread now +0.017%, 7d avg −0.045%

Together, before fees+0.738%+ Points / potential airdropNado: Active · farm board+$74 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Kraken Futures is 0.062% dearer against Nado than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.045%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado MON-PERP	0.02566	0.0100	pay 0.0012% / 1h	58m 44s	$391K	$541K	10x
Short	Kraken Futures PF_MONUSD	0.02566	0.0466	get 0.0058% / 1h	58m 44s	$269K	$78K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Nado. 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

Position, each leg$Hold fordaysFee NadobpFee Kraken FuturesbpOrdersPrice spread, now +0.017%Rate

Funding earned: $76.77
Price spread: +0.017% → −0.045%: $6.19
Slippage, 4 orders: −$64.25
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $1.71
Costs to cover: 0.812%
Break-even: 6.8 days

Slippage from Nado: live order book, 14 min ago; Kraken Futures: live order book, 14 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 Nado live order book, 14 min ago	2.15 bp	10.3 bp −$10	1151.7 bp −$11.5K	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 14 min ago	17.59 bp	27.5 bp −$28	510.4 bp −$5,104	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	−0.0444%	1h	0.02559	−0.263%	$6K	$104	5.5x	as long as short
01 Exchange MONUSD	−0.0016%	1h	0.02563	−0.123%	$6K	$1K	5x	as long as short
Phoenix MON	0.0000%	1h	0.02565	−0.041%	$13K	$351K	5x	as long as short
Deribit MON_USDC-PERPETUAL	0.0000%	1h	0.02563	−0.119%	$69K	$119K	25x	as long as short
Backpack MON_USDC_PERP	+0.0059%	1h	0.02563	−0.108%	$127K	$141K	10x	as long as short
Orderly PERP_MON_USDC	+0.0070%	4h	0.02561	−0.185%	$17K	$64K	10x	as long as short
Lighter MON	+0.0096%	1h	0.02561	−0.185%	$850K	$739K	10x	as long as short
Paradex MON-USD-PERP	+0.0097%	8h	0.02561	−0.188%	$8K	$42	5x	as long as short
Nado MON-PERPlong	+0.0100%	1h	0.02566	long leg	$391K	$541K	10x
Hyperliquid MON	+0.0100%	1h	0.02565	−0.018%	$34.7M	$7.6M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster MONUSDT	+0.0100%	4h	0.02563	−0.120%	$107K	$231K	10x	as long as short
dYdX MON-USD	+0.0100%	1h	0.02564	−0.081%	$13K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02562	−0.135%	$141K	$104K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02563	−0.121%	$24.5M	$25.5M	75x	as long as short
Bybit MONUSDT	+0.0100%	8h	0.02562	−0.147%	$21.1M	$12.1M	50x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02561	−0.185%	$4.3M	$5.9M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02555	−0.421%	$107K	−$0	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02562	−0.147%	$978K	$887K	50x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02563	−0.108%	$2.7M	$1.9M	25x	as long as short
Variational Omni MON	+0.0100%	8h	0.02560	−0.238%	$773K	$407K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02561	−0.166%	$47K	$245K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02565	−0.030%	$581K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02565	−0.030%	$68K	$482K	50x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02561	−0.185%	$5K	$6K	5x	as long as short
Aftermath Perps MONUSD	+0.0103%	1h	0.02562	−0.148%	$3K	$75K	10x	as long as short
Extended MON-USD	+0.0104%	1h	0.02566	+0.008%	$51K	$404K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02561	−0.166%	$39K	—	3x	as long as short
KuCoin MONUSDTM	+0.0244%	4h	0.02566	+0.009%	$3.0M	$719K	75x	as long as short
GMX MON/USD [ETH-USDC]	L +0.0260% / S −0.0598%	1h	0.02562	−0.147%	$8K	—	50x	as long as short
BloFin MON-USDT	+0.0340%	4h	0.02562	−0.147%	$1.3M	$307K	75x	as long as short
Perpl MON	+0.0447%	43m	0.02563	−0.115%	$124K	$1.8M	10x	as long as short
Kraken Futures PF_MONUSDshort	+0.0466%	1h	0.02566	+0.017%	$269K	$78K	10x
Coinbase International MON-PERP-INTX	+0.0808%	1h	0.02609	+1.681%	$115K	$50K	50x	as long as short