MON

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0945%/8h= +103.5% APRnext payment +$1.18 per $10,000 · paid last 24h +0.214%

Price spread now: Kraken Futures against Injective−0.956%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Kraken Futures

What this pair did over the last

the charts below follow

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

Funding pays, the price is against you. Kraken Futures is 0.956% cheaper against Injective than usual: you would sell low and buy high (spread −0.956% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$96 on $10k: about 3.4 days of funding at the current rate (+$28 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective MON/USDC PERP	0.02541	−0.0246	get 0.0031% / 1h	50m 59s	$6K	$101	5.5x
Short	Kraken Futures PF_MONUSD	0.02517	0.0699	get 0.0087% / 1h	50m 59s	$272K	$124K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Injective. 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 InjectivebpFee Kraken FuturesbpOrdersPrice spread, now −0.956%Rate

Funding earned: $198.47
Price spread: −0.956% → 0.000%: −$95.56
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $92.89
Costs to cover: 0.100%
Break-even: 3.7 days

Slippage unknown: Injective: no order-book sample; Kraken Futures: live order book, 59 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 Injective no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 59 min ago	23.52 bp	42.2 bp −$42	538.5 bp −$5,385	doesn't fit	doesn't fit

Injective: 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 exchanges

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
Deribit MON_USDC-PERPETUAL	−0.0267%	1h	0.02514	−1.070%	$74K	$113K	25x	as long as short
Injective MON/USDC PERPlong	−0.0246%	1h	0.02541	long leg	$6K	$101	5.5x
Backpack MON_USDC_PERP	−0.0147%	1h	0.02515	−1.031%	$113K	$150K	10x	as long as short
01 Exchange MONUSD	−0.0112%	1h	0.02513	−1.114%	$6K	$2K	5x	as long as short
Phoenix MON	0.0000%	1h	0.02522	−0.736%	$13K	$281K	5x	as long as short
Bybit MONUSDT	+0.0066%	8h	0.02512	−1.141%	$21.1M	$13.4M	50x	as long as short
Lighter MON	+0.0096%	1h	0.02517	−0.945%	$825K	$737K	10x	as long as short
Paradex MON-USD-PERP	+0.0099%	8h	0.02514	−1.064%	$8K	$42	5x	as long as short
Hyperliquid MON	+0.0100%	1h	0.02515	−1.007%	$33.7M	$6.5M	5x	as long as short
Aster MONUSDT	+0.0100%	4h	0.02516	−0.993%	$100K	$205K	10x	as long as short

Show all 33 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX MON-USD	+0.0100%	1h	0.02517	−0.932%	$13K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02517	−0.945%	$139K	$87K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02512	−1.122%	$24.2M	$26.7M	75x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02512	−1.141%	$4.2M	$6.0M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02520	−0.815%	$103K	−$0	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02516	−0.984%	$1.1M	$1.2M	50x	as long as short
KuCoin MONUSDTM	+0.0100%	4h	0.02517	−0.945%	$2.8M	$753K	75x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02516	−0.984%	$2.7M	$2.3M	25x	as long as short
Variational Omni MON	+0.0100%	8h	0.02520	−0.832%	$753K	$378K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02520	−0.836%	$42K	$249K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02524	−0.668%	$571K	$1.4M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02521	−0.787%	$68K	$547K	50x	as long as short
Nado MON-PERP	+0.0100%	1h	0.02518	−0.889%	$392K	$571K	10x	as long as short
Orderly PERP_MON_USDC	+0.0100%	4h	0.02514	−1.063%	$16K	$36K	10x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02513	−1.102%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02516	−0.985%	$59K	$323K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02513	−1.102%	$38K	—	3x	as long as short
GMX MON/USD [ETH-USDC]	L +0.0230% / S −0.0246%	1h	0.02517	−0.948%	$6K	—	50x	as long as short
BloFin MON-USDT	+0.0340%	4h	0.02520	−0.826%	$1.4M	$388K	75x	as long as short
Perpl MON	+0.0447%	43m	0.02523	−0.697%	$117K	$2.1M	10x	as long as short
Kraken Futures PF_MONUSDshort	+0.0699%	1h	0.02517	−0.956%	$272K	$124K	10x
Aftermath Perps MONUSD	+0.0717%	1h	0.02523	−0.709%	$5K	$96K	10x	as long as short
Coinbase International MON-PERP-INTX	+0.0808%	1h	0.02508	−1.299%	$106K	$49K	50x	as long as short