Funding you earn now, next payment 22:03 UTC+0.0173%/8h= +19.0% APRpaid last 24h +0.222%
Price spread now: Kraken Futures against Perpl+0.176%7-day average +0.063% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.303%+$30 on $10k
+Price spread, last 3 days (all we have)+0.150%+$15 · spread now +0.176%, 7d avg +0.063%
=Together, before fees+0.454%+ Points / potential airdropPerpl: Active · farm board+$45 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Kraken Futures is 0.113% dearer against Perpl than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.063%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Perpl MON | 0.02577 | 0 | get 0.0000% / 43m | 34m 39s | $143K | $1.8M | 10x |
| Short | Kraken Futures PF_MONUSD | 0.02581 | 0.0173 | get 0.0022% / 1h | 21m 39s | $271K | $77K | 10x |
Perpl MON
Kraken Futures PF_MONUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Perpl. 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
- $36.43
- Price spread: +0.176% → +0.063%
- $11.34
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $23.97
- Costs to cover
- 0.238%
- Break-even
- 2.4 days
Slippage unknown: Perpl: no order-book sample; Kraken Futures: live order book, 61 min ago. 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 Perpl no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 61 min ago | 28.77 bp | 42.5 bp −$43 | 634.0 bp −$6,340 | doesn't fit | doesn't fit |
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 | −0.0053% | 1h | 0.02582 | +0.198% | $6K | $108 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0053% | 8h | 0.02576 | −0.035% | $21.4M | $11.8M | 50x | as long as short |
| 01 Exchange MONUSD | −0.0016% | 1h | 0.02579 | +0.081% | $6K | $1K | 5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02575 | −0.085% | $13K | $362K | 5x | as long as short |
| Perpl MONlong | 0.0000% | 43m | 0.02577 | long leg | $143K | $1.8M | 10x | |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02579 | +0.078% | $70K | $119K | 25x | as long as short |
| Aftermath Perps MONUSD | +0.0025% | 1h | 0.02577 | +0.015% | $2K | $73K | 10x | as long as short |
| Orderly PERP_MON_USDC | +0.0067% | 4h | 0.02576 | −0.035% | $17K | $64K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0083% | 8h | 0.02578 | +0.050% | $8K | $42 | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02580 | +0.120% | $855K | $773K | 10x | as long as short |
Injective MON/USDC PERP
Bybit MONUSDT
01 Exchange MONUSD
Phoenix MON
Deribit MON_USDC-PERPETUAL
Aftermath Perps MONUSD
Orderly PERP_MON_USDC
Paradex MON-USD-PERP
Lighter MONShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado MON-PERP | +0.0100% | 1h | 0.02580 | +0.125% | $388K | $539K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02583 | +0.248% | $34.9M | $7.4M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02579 | +0.070% | $108K | $231K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02579 | +0.091% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02580 | +0.116% | $142K | $107K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02579 | +0.071% | $24.5M | $24.6M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02577 | +0.004% | $4.4M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02570 | −0.268% | $108K | $3K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02578 | +0.043% | $1.0M | $872K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02579 | +0.081% | $2.7M | $1.8M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02578 | +0.050% | $128K | $142K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02573 | −0.164% | $780K | $407K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02575 | −0.084% | $47K | $242K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02578 | +0.031% | $578K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02578 | +0.043% | $69K | $480K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02578 | +0.043% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02583 | +0.226% | $52K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02578 | +0.043% | $39K | — | 3x | as long as short |
| Kraken Futures PF_MONUSDshort | +0.0173% | 1h | 0.02581 | +0.176% | $271K | $77K | 10x | |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0598% | 1h | 0.02577 | +0.023% | $9K | — | 50x | as long as short |
| KuCoin MONUSDTM | +0.0288% | 4h | 0.02583 | +0.237% | $3.2M | $698K | 75x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02577 | +0.004% | $1.4M | $293K | 75x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0536% | 1h | 0.02607 | +1.156% | $114K | $49K | 50x | as long as short |
Nado MON-PERP
Hyperliquid MON
Aster MONUSDT
dYdX MON-USD
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
Aevo MON-PERP
GMX MON/USD [ETH-USDC]
KuCoin MONUSDTM
BloFin MON-USDT
Coinbase International MON-PERP-INTX