Funding you earn now, next payment 02:00 UTC−0.0743%/8h= −81.4% APRnext payment −$0.93 per $10,000 · paid last 24h −0.184%
Price spread now: Pacifica against Kraken Futures−0.065%7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$165as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1141.138% of the position
Funding, last 7 days−0.515%−$52 on $10k
+Price spread, last 3 days (all we have)−0.225%−$23 · spread now −0.065%, 7d avg −0.074%
=Together, before fees−0.741%+ Points / potential airdropPacifica: Active · farm board−$74 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.074%, so right now this pair is about funding alone: −$22 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.515% in total (about -26.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.93 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_MONUSD | 0.02536 | 0.0843 | pay 0.0105% / 1h | 45m 22s | $276K | $88K | 10x |
| Short | Pacifica MON | 0.02535 | 0.0100 | get 0.0013% / 1h | 45m 22s | $140K | $104K | 3x |
Kraken Futures PF_MONUSD
Pacifica MONFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$156.1
- Price spread: −0.065% → −0.074%
- $0.97
- Slippage, 4 orders
- −$95.78
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$268.9
- Costs to cover
- 1.138%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 22 min ago; Pacifica: live order book, 22 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, 22 min ago | 21.19 bp | 30.1 bp −$30 | 7786.1 bp −$77.9K | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 22 min ago | 5.79 bp | 20.8 bp −$21 | doesn't fit | 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 | −0.0388% | 1h | 0.02541 | +0.180% | $6K | $106 | 5.5x | as long as short |
| 01 Exchange MONUSD | −0.0032% | 1h | 0.02535 | −0.072% | $6K | $1K | 5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02540 | +0.140% | $13K | $349K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02533 | −0.116% | $69K | $124K | 25x | as long as short |
| Bybit MONUSDT | +0.0004% | 8h | 0.02528 | −0.341% | $20.9M | $12.7M | 50x | as long as short |
| Orderly PERP_MON_USDC | +0.0060% | 4h | 0.02526 | −0.412% | $16K | $56K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0095% | 8h | 0.02532 | −0.165% | $8K | $42 | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02536 | −0.017% | $845K | $740K | 10x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02541 | +0.167% | $406K | $542K | 10x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02534 | −0.081% | $101K | $229K | 10x | as long as short |
Injective MON/USDC PERP
01 Exchange MONUSD
Phoenix MON
Deribit MON_USDC-PERPETUAL
Bybit MONUSDT
Orderly PERP_MON_USDC
Paradex MON-USD-PERP
Lighter MON
Nado MON-PERP
Aster MONUSDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX MON-USD | +0.0100% | 1h | 0.02534 | −0.076% | $13K | — | 5x | as long as short |
| Pacifica MONshort | +0.0100% | 1h | 0.02535 | −0.065% | $140K | $104K | 3x | |
| Binance MONUSDT | +0.0100% | 4h | 0.02528 | −0.323% | $24.1M | $25.9M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02525 | −0.451% | $4.2M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02535 | −0.053% | $105K | $4K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02528 | −0.333% | $951K | $891K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02534 | −0.096% | $2.9M | $744K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02535 | −0.057% | $2.7M | $2.0M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02535 | −0.037% | $120K | $158K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02530 | −0.269% | $761K | $411K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02537 | +0.032% | $43K | $249K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02550 | +0.552% | $573K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02537 | +0.022% | $68K | $491K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02532 | −0.175% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02540 | +0.141% | $49K | $520K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02532 | −0.179% | $38K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02534 | −0.108% | $9K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02549 | +0.495% | $1.4M | $310K | 75x | as long as short |
| Aftermath Perps MONUSD | +0.0343% | 1h | 0.02545 | +0.324% | $4K | $76K | 10x | as long as short |
| Hyperliquid MON | +0.0418% | 1h | 0.02534 | −0.100% | $34.6M | $7.5M | 5x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02536 | −0.033% | $114K | $2.1M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0744% | 1h | 0.02557 | +0.815% | $112K | $52K | 50x | as long as short |
| Kraken Futures PF_MONUSDlong | +0.0843% | 1h | 0.02536 | long leg | $276K | $88K | 10x |
dYdX MON-USD
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
Aevo MON-PERP
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Aftermath Perps MONUSD
Hyperliquid MON
Perpl MON
Coinbase International MON-PERP-INTX