MON

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0358%/8h= +39.2% APRnext payment +$0.45 per $10,000 · paid last 24h +0.189%

Price spread now: Kraken Futures against Extended−0.114%7-day average −0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$68as in the Funding arb table

Net, price: spread back to 7d avg − costs−$128as in the Price arb table

costs, in and out, $10k−$1181.181% of the position

Long on Extended Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.499%+$50 on $10k

Price spread, last 3 days (all we have)+0.349%+$35 · spread now −0.114%, 7d avg −0.016%

Together, before fees+0.848%+ Points / potential airdropExtended: Active · farm board+$85 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kraken Futures is 0.099% cheaper against Extended than usual: you would sell low and buy high (spread −0.114% now, against its 7-day average of −0.016%). If the spread goes back, that is −$10 on $10k: about 22 hours of funding at the current rate (+$11 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended MON-USD	0.02588	0.0104	pay 0.0013% / 1h	28m 39s	$49K	$520K	10x
Short	Kraken Futures PF_MONUSD	0.02585	0.0462	get 0.0058% / 1h	28m 39s	$271K	$78K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Extended. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ExtendedbpFee Kraken FuturesbpOrdersPrice spread, now −0.114%Rate

Funding earned: $75.23
Price spread: −0.114% → −0.016%: −$9.87
Slippage, 4 orders: −$103.06
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$52.71
Costs to cover: 1.181%
Break-even: 11.9 days

Slippage from Extended: live order book, 44 min ago; Kraken Futures: live order book, 44 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 Extended live order book, 44 min ago	5.87 bp	28.0 bp −$28	279.4 bp −$2,794	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 44 min ago	17.59 bp	27.5 bp −$28	510.4 bp −$5,104	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	−0.0444%	1h	0.02576	−0.450%	$6K	$107	5.5x	as long as short
Phoenix MON	0.0000%	1h	0.02580	−0.311%	$13K	$351K	5x	as long as short
Deribit MON_USDC-PERPETUAL	0.0000%	1h	0.02583	−0.172%	$70K	$119K	25x	as long as short
Orderly PERP_MON_USDC	+0.0068%	4h	0.02581	−0.257%	$17K	$64K	10x	as long as short
01 Exchange MONUSD	+0.0088%	1h	0.02583	−0.191%	$6K	$1K	5x	as long as short
Lighter MON	+0.0096%	1h	0.02585	−0.102%	$861K	$754K	10x	as long as short
Paradex MON-USD-PERP	+0.0099%	8h	0.02583	−0.174%	$8K	$42	5x	as long as short
Nado MON-PERP	+0.0100%	1h	0.02586	−0.067%	$394K	$534K	10x	as long as short
Hyperliquid MON	+0.0100%	1h	0.02587	−0.029%	$35.2M	$7.5M	5x	as long as short
Aster MONUSDT	+0.0100%	4h	0.02581	−0.248%	$107K	$231K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX MON-USD	+0.0100%	1h	0.02581	−0.265%	$13K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02583	−0.172%	$143K	$104K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02582	−0.219%	$24.7M	$25.5M	75x	as long as short
Bybit MONUSDT	+0.0100%	8h	0.02583	−0.179%	$21.4M	$12.2M	50x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02583	−0.179%	$4.3M	$5.9M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02575	−0.488%	$106K	$2K	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02581	−0.257%	$978K	$907K	50x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02585	−0.102%	$2.8M	$1.9M	25x	as long as short
Backpack MON_USDC_PERP	+0.0100%	1h	0.02583	−0.172%	$128K	$140K	10x	as long as short
Variational Omni MON	+0.0100%	8h	0.02575	−0.504%	$778K	$407K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02576	−0.465%	$44K	$248K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02579	−0.334%	$584K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02574	−0.527%	$69K	$486K	50x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02582	−0.218%	$5K	$6K	5x	as long as short
Extended MON-USDlong	+0.0104%	1h	0.02588	long leg	$49K	$520K	10x
Aevo MON-PERP	+0.0104%	1h	0.02582	−0.237%	$39K	—	3x	as long as short
KuCoin MONUSDTM	+0.0150%	4h	0.02586	−0.063%	$3.0M	$720K	75x	as long as short
Aftermath Perps MONUSD	+0.0167%	1h	0.02579	−0.348%	$4K	$76K	10x	as long as short
GMX MON/USD [ETH-USDC]	L +0.0261% / S −0.0598%	1h	0.02582	−0.210%	$9K	—	50x	as long as short
BloFin MON-USDT	+0.0340%	4h	0.02579	−0.334%	$1.4M	$307K	75x	as long as short
Perpl MON	+0.0447%	43m	0.02580	−0.287%	$180K	$2.0M	10x	as long as short
Kraken Futures PF_MONUSDshort	+0.0462%	1h	0.02585	−0.114%	$271K	$78K	10x
Coinbase International MON-PERP-INTX	+0.0808%	1h	0.02584	−0.137%	$113K	$51K	50x	as long as short