MON

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0365%/8h= +40.0% APRnext payment +$0.46 per $10,000 · paid last 24h +0.190%

Price spread now: Kraken Futures against ApeX Omni−0.684%75s7-day average +0.092% · you buy dearer than you sell

Net, funding: paid 7d − costs−$50as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1051.053% of the position

Long on ApeX Omni Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.552%+$55 on $10k

Price spread, last 3 days (all we have)+1.142%+$114 · spread now −0.684%, 7d avg +0.092%

Together, before fees+1.694%+$169 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kraken Futures is 0.776% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.684% now, against its 7-day average of +0.092%). If the spread goes back, that is −$78 on $10k: about 7.1 days of funding at the current rate (+$11 a day). The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni MONUSDT	0.02587	0.0100	pay 0.0013% / 1h	2m 07s	$69K	$488K	50x
Short	Kraken Futures PF_MONUSD	0.02569	0.0465	get 0.0058% / 1h	2m 07s	$270K	$78K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against ApeX Omni. 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 ApeX OmnibpFee Kraken FuturesbpOrdersPrice spread, now −0.684%Rate

Funding earned: $76.65
Price spread: −0.684% → +0.092%: −$77.6
Slippage, 4 orders: −$85.35
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$106.3
Costs to cover: 1.053%
Break-even: 16.7 days

Slippage from ApeX Omni: live order book, 5 min ago; Kraken Futures: live order book, 5 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 ApeX Omni live order book, 5 min ago	13.51 bp	22.3 bp −$22	114.1 bp −$1,141	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 5 min ago	21.19 bp	30.5 bp −$30	581.6 bp −$5,816	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	0.02570	−0.657%	$6K	$108	5.5x	as long as short
01 Exchange MONUSD	0.0000%	1h	0.02560	−1.055%	$6K	$1K	5x	as long as short
Phoenix MON	0.0000%	1h	0.02592	+0.205%	$13K	$351K	5x	as long as short
Deribit MON_USDC-PERPETUAL	0.0000%	1h	0.02567	−0.777%	$69K	$119K	25x	as long as short
Orderly PERP_MON_USDC	+0.0063%	4h	0.02565	−0.850%	$17K	$59K	10x	as long as short
Bybit MONUSDT	+0.0092%	8h	0.02565	−0.850%	$21.4M	$12.2M	50x	as long as short
Paradex MON-USD-PERP	+0.0093%	8h	0.02565	−0.862%	$8K	$42	5x	as long as short
Lighter MON	+0.0096%	1h	0.02568	−0.734%	$855K	$755K	10x	as long as short
Nado MON-PERP	+0.0100%	1h	0.02571	−0.622%	$394K	$524K	10x	as long as short
Aster MONUSDT	+0.0100%	4h	0.02568	−0.742%	$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	0.02571	−0.627%	$13K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02569	−0.711%	$142K	$103K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02565	−0.851%	$24.5M	$25.4M	75x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02560	−1.044%	$4.3M	$5.8M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02595	+0.309%	$108K	$4K	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02565	−0.850%	$966K	$932K	50x	as long as short
KuCoin MONUSDTM	+0.0100%	4h	0.02572	−0.580%	$2.9M	$729K	75x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02567	−0.773%	$2.8M	$1.9M	25x	as long as short
Backpack MON_USDC_PERP	+0.0100%	1h	0.02567	−0.765%	$124K	$150K	10x	as long as short
Variational Omni MON	+0.0100%	8h	0.02582	−0.192%	$776K	$410K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02591	+0.136%	$44K	$248K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02586	−0.039%	$578K	$1.5M	10x	as long as short
ApeX Omni MONUSDTlong	+0.0100%	1h	0.02587	long leg	$69K	$488K	50x
SoDEX MON-USD	+0.0100%	1h	0.02566	−0.812%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02571	−0.622%	$49K	$517K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02566	−0.808%	$39K	—	3x	as long as short
Hyperliquid MON	+0.0118%	1h	0.02570	−0.642%	$35.0M	$7.5M	5x	as long as short
Aftermath Perps MONUSD	+0.0224%	1h	0.02583	−0.164%	$4K	$74K	10x	as long as short
GMX MON/USD [ETH-USDC]	L +0.0261% / S −0.0598%	1h	0.02566	−0.819%	$8K	—	50x	as long as short
BloFin MON-USDT	+0.0340%	4h	0.02570	−0.657%	$1.3M	$306K	75x	as long as short
Perpl MON	+0.0447%	43m	0.02568	−0.727%	$116K	$2.1M	10x	as long as short
Kraken Futures PF_MONUSDshort	+0.0465%	1h	0.02569	−0.684%	$270K	$78K	10x
Coinbase International MON-PERP-INTX	+0.0808%	1h	0.02608	+0.819%	$114K	$52K	50x	as long as short