Funding you earn now, next payment 05:00 UTC+0.0628%/8h= +68.7% APRnext payment +$0.78 per $10,000 · paid last 24h +0.183%
Price spread now: Kraken Futures against SoDEX+0.157%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$19 a day on $10k at the current rate, and Kraken Futures is 0.157% dearer against SoDEX than usual: you sell high and buy low: +$16 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 | SoDEX MON-USD | 0.02502 | 0.0100 | pay 0.0013% / 1h | 6m 44s | $5K | $6K | 5x |
| Short | Kraken Futures PF_MONUSD | 0.02506 | 0.0728 | get 0.0091% / 1h | 6m 44s | $269K | $113K | 10x |
SoDEX MON-USD
Kraken Futures PF_MONUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against SoDEX. 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
- $131.81
- Price spread: +0.157% → 0.000%
- $15.7
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $129.51
- Costs to cover
- 0.180%
- Break-even
- 0.1 days
Slippage unknown: SoDEX: no order-book sample; Kraken Futures: live order book, 46 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 46 min ago | 13.81 bp | 26.9 bp −$27 | 477.5 bp −$4,775 | doesn't fit | doesn't fit |
SoDEX: 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 | −0.0203% | 1h | 0.02515 | +0.520% | $5K | $114 | 5.5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02499 | −0.108% | $12K | $358K | 5x | as long as short |
| Bybit MONUSDT | +0.0010% | 8h | 0.02504 | +0.072% | $20.6M | $13.5M | 50x | as long as short |
| Backpack MON_USDC_PERP | +0.0022% | 1h | 0.02505 | +0.104% | $110K | $152K | 10x | as long as short |
| Deribit MON_USDC-PERPETUAL | +0.0070% | 1h | 0.02504 | +0.072% | $74K | $136K | 25x | as long as short |
| Orderly PERP_MON_USDC | +0.0078% | 4h | 0.02503 | +0.040% | $16K | $48K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02507 | +0.200% | $841K | $733K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0100% | 8h | 0.02504 | +0.067% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02505 | +0.121% | $405K | $586K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02507 | +0.212% | $33.8M | $7.5M | 5x | as long as short |
Injective MON/USDC PERP
Phoenix MON
Bybit MONUSDT
Backpack MON_USDC_PERP
Deribit MON_USDC-PERPETUAL
Orderly PERP_MON_USDC
Lighter MON
Paradex MON-USD-PERP
Nado MON-PERP
Hyperliquid MONShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster MONUSDT | +0.0100% | 4h | 0.02504 | +0.070% | $100K | $218K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02503 | +0.029% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02506 | +0.148% | $138K | $92K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02505 | +0.125% | $23.8M | $27.0M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02505 | +0.120% | $4.2M | $6.0M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02510 | +0.324% | $103K | $1K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02504 | +0.080% | $935K | $991K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02507 | +0.200% | $2.9M | $766K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02507 | +0.200% | $2.7M | $2.2M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02506 | +0.141% | $743K | $405K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02499 | −0.135% | $41K | $250K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02499 | −0.100% | $563K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02499 | −0.120% | $68K | $522K | 50x | as long as short |
| SoDEX MON-USDlong | +0.0100% | 1h | 0.02502 | long leg | $5K | $6K | 5x | |
| Extended MON-USD | +0.0104% | 1h | 0.02506 | +0.147% | $50K | $270K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02502 | +0.004% | $38K | — | 3x | as long as short |
| 01 Exchange MONUSD | +0.0200% | 1h | 0.02505 | +0.112% | $6K | $1K | 5x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02502 | +0.012% | $9K | — | 50x | as long as short |
| Aftermath Perps MONUSD | +0.0319% | 1h | 0.02507 | +0.218% | $2K | $78K | 10x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02502 | 0.000% | $1.3M | $339K | 75x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0368% | 1h | 0.02530 | +1.119% | $110K | $57K | 50x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02504 | +0.064% | $114K | $2.2M | 10x | as long as short |
| Kraken Futures PF_MONUSDshort | +0.0728% | 1h | 0.02506 | +0.157% | $269K | $113K | 10x |
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
Extended MON-USD
Aevo MON-PERP
01 Exchange MONUSD
GMX MON/USD [ETH-USDC]
Aftermath Perps MONUSD
BloFin MON-USDT
Coinbase International MON-PERP-INTX
Perpl MON