Funding you earn now, next payment 07:00 UTC+0.0745%/8h= +81.6% APRnext payment +$0.93 per $10,000 · paid last 24h +0.188%
Price spread now: Kraken Futures against dYdX+0.218%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 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 +$22 a day on $10k at the current rate, and Kraken Futures is 0.218% dearer against dYdX than usual: you sell high and buy low: +$22 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 | dYdX MON-USD | 0.02497 | 0.0100 | pay 0.0013% / 1h | 19m 20s | $12K | — | 5x |
| Short | Kraken Futures PF_MONUSD | 0.02502 | 0.0845 | get 0.0106% / 1h | 19m 20s | $269K | $119K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against dYdX. 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
- $156.4
- Price spread: +0.218% → 0.000%
- $21.84
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $158.24
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: dYdX: no order-book sample; Kraken Futures: live order book, 23 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 23 min ago | 17.99 bp | 34.6 bp −$35 | 432.3 bp −$4,323 | doesn't fit | doesn't fit |
dYdX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix MON | 0.0000% | 1h | 0.02503 | +0.256% | $13K | $353K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02499 | +0.100% | $126K | $2.2M | 10x | as long as short |
| Bybit MONUSDT | +0.0083% | 8h | 0.02496 | −0.020% | $20.6M | $13.7M | 50x | as long as short |
| Orderly PERP_MON_USDC | +0.0087% | 4h | 0.02499 | +0.100% | $16K | $48K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02500 | +0.140% | $802K | $787K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0100% | 8h | 0.02498 | +0.075% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02502 | +0.237% | $393K | $575K | 10x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02499 | +0.091% | $99K | $213K | 10x | as long as short |
| dYdX MON-USDlong | +0.0100% | 1h | 0.02497 | long leg | $12K | — | 5x | |
| Pacifica MON | +0.0100% | 1h | 0.02499 | +0.096% | $138K | $92K | 3x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance MONUSDT | +0.0100% | 4h | 0.02499 | +0.084% | $23.7M | $27.6M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02499 | +0.100% | $4.2M | $6.2M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02500 | +0.140% | $103K | −$0 | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02498 | +0.060% | $931K | $1.0M | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02502 | +0.220% | $2.9M | $767K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02500 | +0.140% | $2.7M | $2.3M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02499 | +0.116% | $110K | $156K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02496 | −0.038% | $740K | $411K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02497 | +0.030% | $41K | $250K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02499 | +0.100% | $564K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02499 | +0.100% | $68K | $534K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02498 | +0.060% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02501 | +0.175% | $47K | $268K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02498 | +0.064% | $38K | — | 3x | as long as short |
| Injective MON/USDC PERP | +0.0109% | 1h | 0.02489 | −0.300% | $5K | $111 | 5.5x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0230% / S −0.0246% | 1h | 0.02497 | +0.028% | $6K | — | 50x | as long as short |
| 01 Exchange MONUSD | +0.0264% | 1h | 0.02500 | +0.144% | $6K | $3K | 5x | as long as short |
| Aftermath Perps MONUSD | +0.0324% | 1h | 0.02499 | +0.085% | $6K | $100K | 10x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02497 | +0.020% | $1.3M | $347K | 75x | as long as short |
| Deribit MON_USDC-PERPETUAL | +0.0391% | 1h | 0.02499 | +0.104% | $72K | $138K | 25x | as long as short |
| Hyperliquid MON | +0.0394% | 1h | 0.02501 | +0.196% | $33.8M | $7.8M | 5x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0576% | 1h | 0.02504 | +0.300% | $110K | $54K | 50x | as long as short |
| Kraken Futures PF_MONUSDshort | +0.0845% | 1h | 0.02502 | +0.218% | $269K | $119K | 10x |
Kraken Futures PF_MONUSD
Phoenix MON
Bybit MONUSDT
Lighter MON
Paradex MON-USD-PERP
Aster MONUSDT
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
Backpack MON_USDC_PERP
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Injective MON/USDC PERP
GMX MON/USD [ETH-USDC]
01 Exchange MONUSD
Aftermath Perps MONUSD
BloFin MON-USDT
Deribit MON_USDC-PERPETUAL
Hyperliquid MON
Coinbase International MON-PERP-INTX