Funding you earn now, next payment 23:00 UTC+0.0069%/8h= +7.6% APRnext payment +$0.09 per $10,000 · paid last 24h +0.197%
Price spread now: Kraken Futures against Extended+0.063%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1311.311% of the position
Funding, last 7 days+0.477%+$48 on $10k
+Price spread, last 3 days (all we have)+0.223%+$22 · spread now +0.063%, 7d avg −0.021%
=Together, before fees+0.701%+ Points / potential airdropExtended: Active · farm board+$70 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Kraken Futures is 0.084% dearer against Extended than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended MON-USD | 0.02581 | 0.0104 | pay 0.0013% / 1h | 49m 36s | $52K | $407K | 10x |
| Short | Kraken Futures PF_MONUSD | 0.02583 | 0.0173 | get 0.0022% / 1h | 49m 36s | $266K | $70K | 10x |
Extended MON-USD
Kraken Futures PF_MONUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Extended. 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
- $14.58
- Price spread: +0.063% → −0.021%
- $8.42
- Slippage, 4 orders
- −$116.09
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$108.09
- Costs to cover
- 1.311%
- Break-even
- 58.9 days
Slippage from Extended: live order book, 33 min ago; Kraken Futures: live order book, 33 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 Extended live order book, 33 min ago | 3.85 bp | 25.4 bp −$25 | 237.2 bp −$2,372 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 33 min ago | 28.77 bp | 42.5 bp −$43 | 634.0 bp −$6,340 | 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange MONUSD | −0.0128% | 1h | 0.02579 | −0.081% | $6K | $1K | 5x | as long as short |
| Injective MON/USDC PERP | −0.0053% | 1h | 0.02582 | +0.043% | $6K | $107 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0034% | 8h | 0.02575 | −0.247% | $21.5M | $11.8M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02596 | +0.574% | $13K | $362K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02579 | −0.053% | $144K | $1.8M | 10x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02580 | −0.050% | $70K | $119K | 25x | as long as short |
| Aftermath Perps MONUSD | +0.0036% | 1h | 0.02586 | +0.201% | $2K | $74K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0070% | 8h | 0.02577 | −0.135% | $8K | $42 | 5x | as long as short |
| Orderly PERP_MON_USDC | +0.0075% | 4h | 0.02578 | −0.112% | $17K | $64K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02579 | −0.073% | $846K | $763K | 10x | as long as short |
01 Exchange MONUSD
Injective MON/USDC PERP
Bybit MONUSDT
Phoenix MON
Perpl MON
Deribit MON_USDC-PERPETUAL
Aftermath Perps MONUSD
Paradex MON-USD-PERP
Orderly PERP_MON_USDC
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 | 0.02581 | +0.011% | $392K | $533K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02581 | +0.020% | $34.9M | $7.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02580 | −0.025% | $107K | $230K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02580 | −0.042% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02579 | −0.081% | $142K | $107K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02577 | −0.150% | $24.5M | $24.7M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02575 | −0.228% | $4.4M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02580 | −0.034% | $108K | $3K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02578 | −0.112% | $1.0M | $862K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02579 | −0.073% | $2.7M | $1.8M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02572 | −0.333% | $777K | $410K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02577 | −0.139% | $47K | $243K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02596 | +0.597% | $584K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02582 | +0.043% | $69K | $480K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02578 | −0.112% | $5K | $6K | 5x | as long as short |
| Extended MON-USDlong | +0.0104% | 1h | 0.02581 | long leg | $52K | $407K | 10x | |
| Aevo MON-PERP | +0.0104% | 1h | 0.02579 | −0.088% | $39K | — | 3x | as long as short |
| Kraken Futures PF_MONUSDshort | +0.0173% | 1h | 0.02583 | +0.063% | $266K | $70K | 10x | |
| GMX MON/USD [ETH-USDC] | L +0.0261% / S −0.0598% | 1h | 0.02580 | −0.034% | $9K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02578 | −0.112% | $1.4M | $293K | 75x | as long as short |
| KuCoin MONUSDTM | +0.0358% | 4h | 0.02587 | +0.237% | $3.2M | $749K | 75x | as long as short |
| Backpack MON_USDC_PERP | +0.0439% | 1h | 0.02579 | −0.065% | $138K | $137K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0536% | 1h | 0.02607 | +1.000% | $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
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Aevo MON-PERP
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
KuCoin MONUSDTM
Backpack MON_USDC_PERP
Coinbase International MON-PERP-INTX