Funding you earn now, next payment 09:00 UTC+0.0694%/8h= +76.0% APRnext payment +$0.87 per $10,000 · paid last 24h +0.192%
Price spread now: Kraken Futures against SoDEX+0.134%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and Kraken Futures is 0.134% dearer against SoDEX than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX MON-USD | 0.02517 | 0.0100 | pay 0.0013% / 1h | 46m 25s | $5K | $6K | 5x |
| Short | Kraken Futures PF_MONUSD | 0.02520 | 0.0794 | get 0.0099% / 1h | 46m 25s | $271K | $118K | 10x |
SoDEX MON-USD
Kraken Futures PF_MONUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against SoDEX. 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
- $145.77
- Price spread: +0.134% → 0.000%
- $13.38
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $141.16
- Costs to cover
- 0.180%
- Break-even
- 0.2 days
Slippage unknown: SoDEX: no order-book sample; Kraken Futures: live order book, 51 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 51 min ago | 25.97 bp | 45.0 bp −$45 | 459.6 bp −$4,596 | doesn't fit | doesn't fit |
SoDEX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack MON_USDC_PERP | −0.0166% | 1h | 0.02520 | +0.119% | $110K | $157K | 10x | as long as short |
| Injective MON/USDC PERP | −0.0089% | 1h | 0.02505 | −0.477% | $5K | $108 | 5.5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02513 | −0.143% | $13K | $346K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02519 | +0.075% | $73K | $137K | 25x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02520 | +0.119% | $809K | $765K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0100% | 8h | 0.02517 | −0.016% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02522 | +0.187% | $395K | $573K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02521 | +0.167% | $34.0M | $7.8M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02521 | +0.146% | $100K | $213K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02518 | +0.051% | $13K | — | 5x | as long as short |
Backpack MON_USDC_PERP
Injective MON/USDC PERP
Phoenix MON
Deribit MON_USDC-PERPETUAL
Lighter MON
Paradex MON-USD-PERP
Nado MON-PERP
Hyperliquid MON
Aster MONUSDT
dYdX MON-USDShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica MON | +0.0100% | 1h | 0.02518 | +0.040% | $139K | $91K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02519 | +0.079% | $24.0M | $27.6M | 75x | as long as short |
| Bybit MONUSDT | +0.0100% | 8h | 0.02518 | +0.056% | $21.0M | $13.9M | 50x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02517 | 0.000% | $4.2M | $6.3M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02510 | −0.277% | $103K | −$0 | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02520 | +0.119% | $943K | $1.0M | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02521 | +0.159% | $2.9M | $766K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02520 | +0.119% | $2.7M | $2.3M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02511 | −0.235% | $744K | $408K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02514 | −0.128% | $41K | $251K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02516 | −0.030% | $560K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02515 | −0.079% | $68K | $543K | 50x | as long as short |
| Orderly PERP_MON_USDC | +0.0100% | 4h | 0.02520 | +0.119% | $16K | $42K | 10x | as long as short |
| SoDEX MON-USDlong | +0.0100% | 1h | 0.02517 | long leg | $5K | $6K | 5x | |
| Extended MON-USD | +0.0104% | 1h | 0.02520 | +0.125% | $60K | $328K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02518 | +0.036% | $38K | — | 3x | as long as short |
| 01 Exchange MONUSD | +0.0216% | 1h | 0.02521 | +0.155% | $6K | $3K | 5x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0231% / S −0.0246% | 1h | 0.02519 | +0.072% | $6K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02520 | +0.119% | $1.3M | $372K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02520 | +0.111% | $119K | $2.2M | 10x | as long as short |
| Aftermath Perps MONUSD | +0.0468% | 1h | 0.02514 | −0.101% | $5K | $103K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0744% | 1h | 0.02519 | +0.083% | $111K | $54K | 50x | as long as short |
| Kraken Futures PF_MONUSDshort | +0.0794% | 1h | 0.02520 | +0.134% | $271K | $118K | 10x |
Pacifica MON
Binance MONUSDT
Bybit MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
Orderly PERP_MON_USDC
Extended MON-USD
Aevo MON-PERP
01 Exchange MONUSD
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Perpl MON
Aftermath Perps MONUSD
Coinbase International MON-PERP-INTX