MON

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0391%/8h= −42.8% APRnext payment −$0.49 per $10,000 · paid last 24h −0.182%

Price spread now: ApeX Omni against Kraken Futures+0.193%75s7-day average −0.086% · you sell dearer than you buy

Net, funding: paid 7d − costs−$170as 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−$1121.124% of the position

Long on Kraken Futures Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.578%−$58 on $10k

Price spread, last 4 days (all we have)−0.675%−$67 · spread now +0.193%, 7d avg −0.086%

Together, before fees−1.253%−$125 on $10k · with fees, hour by hour

The price spread pays, funding is against you. ApeX Omni is 0.279% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.193% now, against its 7-day average of −0.086%): +$28 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 2.4 days. 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	Kraken Futures PF_MONUSD	0.02534	0.0491	pay 0.0061% / 1h	28m 13s	$270K	$100K	10x
Short	ApeX Omni MONUSDT	0.02539	0.0100	get 0.0013% / 1h	28m 13s	$68K	$502K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Kraken Futures. 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 Kraken FuturesbpFee ApeX OmnibpOrdersPrice spread, now +0.193%Rate

Funding earned: −$82.09
Price spread: +0.193% → −0.086%: $27.91
Slippage, 4 orders: −$92.44
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$166.63
Costs to cover: 1.124%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 34 min ago; ApeX Omni: live order book, 34 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 Kraken Futures live order book, 34 min ago	27.57 bp	38.4 bp −$38	8295.1 bp −$83.0K	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 34 min ago	9.85 bp	18.4 bp −$18	109.4 bp −$1,094	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
Phoenix MON	−0.0316%	1h	0.02540	+0.233%	$13K	$367K	5x	as long as short
Injective MON/USDC PERP	−0.0253%	1h	0.02535	+0.035%	$6K	$111	5.5x	as long as short
Backpack MON_USDC_PERP	−0.0246%	1h	0.02533	−0.052%	$114K	$150K	10x	as long as short
Bybit MONUSDT	−0.0140%	8h	0.02529	−0.217%	$20.7M	$12.9M	50x	as long as short
01 Exchange MONUSD	0.0000%	1h	0.02531	−0.119%	$6K	$1K	5x	as long as short
Perpl MON	0.0000%	43m	0.02533	−0.044%	$105K	$2.3M	10x	as long as short
Deribit MON_USDC-PERPETUAL	0.0000%	1h	0.02532	−0.099%	$68K	$125K	25x	as long as short
Orderly PERP_MON_USDC	+0.0085%	4h	0.02532	−0.083%	$16K	$51K	10x	as long as short
Lighter MON	+0.0096%	1h	0.02532	−0.083%	$844K	$738K	10x	as long as short
Paradex MON-USD-PERP	+0.0099%	8h	0.02530	−0.162%	$8K	$42	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado MON-PERP	+0.0100%	1h	0.02534	−0.003%	$408K	$540K	10x	as long as short
Hyperliquid MON	+0.0100%	1h	0.02534	−0.020%	$34.3M	$7.4M	5x	as long as short
Aster MONUSDT	+0.0100%	4h	0.02532	−0.064%	$101K	$229K	10x	as long as short
dYdX MON-USD	+0.0100%	1h	0.02532	−0.078%	$13K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02532	−0.083%	$140K	$93K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02532	−0.087%	$24.1M	$26.1M	75x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02530	−0.162%	$4.2M	$5.8M	50x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02533	−0.044%	$952K	$928K	50x	as long as short
KuCoin MONUSDTM	+0.0100%	4h	0.02536	+0.075%	$2.9M	$742K	75x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02533	−0.044%	$2.7M	$2.0M	25x	as long as short
Variational Omni MON	+0.0100%	8h	0.02535	+0.054%	$753K	$405K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02534	−0.022%	$42K	$250K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02540	+0.233%	$568K	$1.5M	10x	as long as short
ApeX Omni MONUSDTshort	+0.0100%	1h	0.02539	+0.193%	$68K	$502K	50x
SoDEX MON-USD	+0.0100%	1h	0.02531	−0.123%	$5K	$6K	5x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02530	−0.162%	$105K	$4K	10x	as long as short
Extended MON-USD	+0.0104%	1h	0.02534	−0.021%	$50K	$516K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02531	−0.134%	$38K	—	3x	as long as short
Aftermath Perps MONUSD	+0.0228%	1h	0.02534	+0.005%	$2K	$74K	10x	as long as short
GMX MON/USD [ETH-USDC]	L +0.0260% / S −0.0429%	1h	0.02531	−0.119%	$9K	—	50x	as long as short
BloFin MON-USDT	+0.0340%	4h	0.02534	−0.004%	$1.3M	$321K	75x	as long as short
Kraken Futures PF_MONUSDlong	+0.0491%	1h	0.02534	long leg	$270K	$100K	10x
Coinbase International MON-PERP-INTX	+0.0536%	1h	0.02542	+0.292%	$111K	$52K	50x	as long as short