Funding you earn now, next payment 11:00 UTC+0.0595%/8h= +65.2% APRnext payment +$0.74 per $10,000 · paid last 24h +0.195%
Price spread now: Kraken Futures against dYdX+0.107%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 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 +$18 a day on $10k at the current rate, and Kraken Futures is 0.107% dearer against dYdX than usual: you sell high and buy low: +$11 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 | dYdX MON-USD | 0.02525 | 0.0100 | pay 0.0013% / 1h | 6m 08s | $13K | — | 5x |
| Short | Kraken Futures PF_MONUSD | 0.02528 | 0.0695 | get 0.0087% / 1h | 6m 08s | $276K | $127K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against dYdX. 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
- $125.04
- Price spread: +0.107% → 0.000%
- $10.7
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $115.74
- Costs to cover
- 0.200%
- Break-even
- 0.5 days
Slippage unknown: dYdX: no order-book sample; Kraken Futures: live order book, 39 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 39 min ago | 19.88 bp | 40.1 bp −$40 | 467.0 bp −$4,670 | doesn't fit | doesn't fit |
dYdX: 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange MONUSD | −0.0472% | 1h | 0.02524 | −0.077% | $6K | $2K | 5x | as long as short |
| Backpack MON_USDC_PERP | −0.0332% | 1h | 0.02526 | +0.042% | $113K | $146K | 10x | as long as short |
| Injective MON/USDC PERP | −0.0246% | 1h | 0.02541 | +0.616% | $6K | $101 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0151% | 8h | 0.02521 | −0.176% | $21.4M | $13.5M | 50x | as long as short |
| Deribit MON_USDC-PERPETUAL | −0.0146% | 1h | 0.02525 | −0.026% | $80K | $119K | 25x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02519 | −0.240% | $12K | $281K | 5x | as long as short |
| Paradex MON-USD-PERP | +0.0033% | 8h | 0.02523 | −0.116% | $8K | $42 | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02527 | +0.061% | $829K | $737K | 10x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02526 | +0.036% | $401K | $575K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02525 | −0.018% | $33.8M | $6.3M | 5x | as long as short |
Show all 33 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster MONUSDT | +0.0100% | 4h | 0.02525 | −0.035% | $100K | $204K | 10x | as long as short |
| dYdX MON-USDlong | +0.0100% | 1h | 0.02525 | long leg | $13K | — | 5x | |
| Pacifica MON | +0.0100% | 1h | 0.02524 | −0.057% | $140K | $85K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02524 | −0.057% | $24.3M | $26.3M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02522 | −0.137% | $4.2M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02520 | −0.216% | $103K | $238 | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02526 | +0.022% | $1.2M | $1.3M | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02528 | +0.101% | $2.9M | $695K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02526 | +0.022% | $2.8M | $2.3M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02516 | −0.380% | $751K | $368K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02522 | −0.153% | $42K | $249K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02525 | −0.011% | $567K | $1.4M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02526 | +0.022% | $68K | $548K | 50x | as long as short |
| Orderly PERP_MON_USDC | +0.0100% | 4h | 0.02526 | +0.022% | $16K | $36K | 10x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02524 | −0.057% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02526 | +0.036% | $58K | $320K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02524 | −0.046% | $38K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0231% / S −0.0246% | 1h | 0.02526 | +0.014% | $6K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02523 | −0.097% | $1.4M | $391K | 75x | as long as short |
| Aftermath Perps MONUSD | +0.0374% | 1h | 0.02524 | −0.072% | $5K | $97K | 10x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02526 | +0.030% | $117K | $2.1M | 10x | as long as short |
| Kraken Futures PF_MONUSDshort | +0.0695% | 1h | 0.02528 | +0.107% | $276K | $127K | 10x | |
| Coinbase International MON-PERP-INTX | +0.0808% | 1h | 0.02534 | +0.358% | $107K | $55K | 50x | as long as short |
Kraken Futures PF_MONUSD
01 Exchange MONUSD
Backpack MON_USDC_PERP
Injective MON/USDC PERP
Bybit MONUSDT
Deribit MON_USDC-PERPETUAL
Phoenix MON
Paradex MON-USD-PERP
Lighter MON
Hyperliquid MON
Aster MONUSDT
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
SoDEX MON-USD
Extended MON-USD
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Aftermath Perps MONUSD
Coinbase International MON-PERP-INTX