Funding you earn now, next payment 00:00 UTC−0.0442%/8h= −48.4% APRnext payment −$0.55 per $10,000 · paid last 24h −0.134%
Price spread now: 01 Exchange against Kraken Futures−0.181%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 against this trade now: funding costs −$13 a day on $10k at the current rate, and 01 Exchange is 0.181% cheaper against Kraken Futures than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_MONUSD | 0.02587 | 0.0418 | pay 0.0052% / 1h | 42m 19s | $272K | $78K | 10x |
| Short | 01 Exchange MONUSD | 0.02583 | −0.0024 | pay 0.0003% / 1h | 42m 19s | $6K | $1K | 5x |
Kraken Futures PF_MONUSD
01 Exchange MONUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- −$92.75
- Price spread: −0.181% → 0.000%
- −$18.13
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$127.88
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 35 min ago; 01 Exchange: no order-book sample. 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 Kraken Futures live order book, 35 min ago | 21.33 bp | 32.6 bp −$33 | 7808.6 bp −$78.1K | doesn't fit | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective MON/USDC PERP | −0.0121% | 1h | 0.02575 | −0.471% | $6K | $106 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0049% | 8h | 0.02581 | −0.224% | $21.4M | $12.0M | 50x | as long as short |
| 01 Exchange MONUSDshort | −0.0024% | 1h | 0.02583 | −0.181% | $6K | $1K | 5x | |
| Phoenix MON | 0.0000% | 1h | 0.02599 | +0.468% | $14K | $360K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02586 | −0.038% | $127K | $1.8M | 10x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02584 | −0.119% | $70K | $119K | 25x | as long as short |
| Aftermath Perps MONUSD | +0.0032% | 1h | 0.02591 | +0.134% | $2K | $75K | 10x | as long as short |
| Orderly PERP_MON_USDC | +0.0067% | 4h | 0.02582 | −0.201% | $17K | $64K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0093% | 8h | 0.02583 | −0.149% | $8K | $42 | 5x | as long as short |
| Variational Omni MON | +0.0095% | 8h | 0.02591 | +0.135% | $783K | $408K | — | as long as short |
Injective MON/USDC PERP
Bybit MONUSDT
Phoenix MON
Perpl MON
Deribit MON_USDC-PERPETUAL
Aftermath Perps MONUSD
Orderly PERP_MON_USDC
Paradex MON-USD-PERP
Variational Omni MONShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter MON | +0.0096% | 1h | 0.02584 | −0.123% | $858K | $793K | 10x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02590 | +0.117% | $395K | $545K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02587 | −0.015% | $35.0M | $7.6M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02587 | −0.018% | $109K | $231K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02584 | −0.118% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02585 | −0.085% | $143K | $105K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02583 | −0.164% | $24.6M | $25.2M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02581 | −0.239% | $4.4M | $6.0M | 50x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02586 | −0.046% | $984K | $905K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02586 | −0.046% | $2.7M | $1.8M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02585 | −0.081% | $129K | $141K | 10x | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02594 | +0.262% | $48K | $245K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02597 | +0.373% | $588K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02596 | +0.340% | $69K | $481K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02583 | −0.162% | $5K | $6K | 5x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02588 | +0.025% | $109K | $3K | 10x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02588 | +0.046% | $52K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02583 | −0.162% | $39K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0261% / S −0.0598% | 1h | 0.02583 | −0.147% | $9K | — | 50x | as long as short |
| KuCoin MONUSDTM | +0.0262% | 4h | 0.02587 | −0.007% | $3.0M | $716K | 75x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02587 | −0.007% | $1.4M | $310K | 75x | as long as short |
| Kraken Futures PF_MONUSDlong | +0.0418% | 1h | 0.02587 | long leg | $272K | $78K | 10x | |
| Coinbase International MON-PERP-INTX | +0.0480% | 1h | 0.02609 | +0.839% | $115K | $50K | 50x | as long as short |
Lighter MON
Nado MON-PERP
Hyperliquid MON
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Gate MON_USDT
Bitget MONUSDT
Backpack MON_USDC_PERP
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Bulk MON-USD
Extended MON-USD
Aevo MON-PERP
GMX MON/USD [ETH-USDC]
KuCoin MONUSDTM
BloFin MON-USDT
Coinbase International MON-PERP-INTX