Funding you earn now, next payment 00:00 UTC+0.0325%/8h= +35.6% APRpaid last 24h +0.194%
Price spread now: Kraken Futures against Paradex+0.169%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Kraken Futures is 0.169% dearer against Paradex than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex MON-USD-PERP | 0.02583 | 0.0093 | pay 0.0093% / 8h | 41m 28s | $8K | $42 | 5x |
| Short | Kraken Futures PF_MONUSD | 0.02587 | 0.0418 | get 0.0052% / 1h | 41m 28s | $272K | $78K | 10x |
Paradex MON-USD-PERP
Kraken Futures PF_MONUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Paradex. 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
- $68.22
- Price spread: +0.169% → 0.000%
- $16.91
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $71.13
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: Paradex: no order-book sample; Kraken Futures: live order book, 36 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 36 min ago | 21.33 bp | 32.7 bp −$33 | 571.4 bp −$5,714 | doesn't fit | doesn't fit |
Paradex: 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 | −0.303% | $6K | $106 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0048% | 8h | 0.02584 | +0.046% | $21.4M | $12.0M | 50x | as long as short |
| 01 Exchange MONUSD | −0.0032% | 1h | 0.02583 | −0.005% | $6K | $1K | 5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02599 | +0.638% | $14K | $360K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02586 | +0.131% | $127K | $1.8M | 10x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02584 | +0.049% | $70K | $119K | 25x | as long as short |
| Aftermath Perps MONUSD | +0.0045% | 1h | 0.02589 | +0.258% | $2K | $75K | 10x | as long as short |
| Orderly PERP_MON_USDC | +0.0067% | 4h | 0.02586 | +0.123% | $17K | $64K | 10x | as long as short |
| Paradex MON-USD-PERPlong | +0.0093% | 8h | 0.02583 | long leg | $8K | $42 | 5x | |
| Variational Omni MON | +0.0095% | 8h | 0.02591 | +0.304% | $783K | $408K | — | as long as short |
Injective MON/USDC PERP
Bybit MONUSDT
01 Exchange MONUSD
Phoenix MON
Perpl MON
Deribit MON_USDC-PERPETUAL
Aftermath Perps MONUSD
Orderly PERP_MON_USDC
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 | 0.02586 | +0.123% | $859K | $793K | 10x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02589 | +0.228% | $395K | $545K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02588 | +0.208% | $35.0M | $7.6M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02585 | +0.079% | $109K | $231K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02584 | +0.051% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02584 | +0.046% | $143K | $105K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02584 | +0.046% | $24.6M | $25.2M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02583 | +0.007% | $4.4M | $6.0M | 50x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02585 | +0.084% | $984K | $905K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02586 | +0.123% | $2.7M | $1.8M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02584 | +0.053% | $128K | $141K | 10x | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02594 | +0.432% | $48K | $245K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02588 | +0.201% | $586K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02596 | +0.510% | $69K | $481K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02583 | +0.007% | $5K | $6K | 5x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02588 | +0.194% | $109K | $3K | 10x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02589 | +0.257% | $52K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02585 | +0.069% | $39K | — | 3x | as long as short |
| KuCoin MONUSDTM | +0.0258% | 4h | 0.02586 | +0.123% | $3.0M | $716K | 75x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0261% / S −0.0598% | 1h | 0.02584 | +0.061% | $9K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02587 | +0.162% | $1.4M | $310K | 75x | as long as short |
| Kraken Futures PF_MONUSDshort | +0.0418% | 1h | 0.02587 | +0.169% | $272K | $78K | 10x | |
| Coinbase International MON-PERP-INTX | +0.0480% | 1h | 0.02609 | +1.010% | $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
KuCoin MONUSDTM
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Coinbase International MON-PERP-INTX