After costs, if the gap returns to its 7d average, $10k−$114
spread now−0.139%7d average−0.088%fees + slippage, in and out−$109spread needed1.093%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_MONUSD | 0.02593 | 0.0888 | pay 0.0111% / 1h | 3m 03s | $257K | $70K | 10x |
| Short | Binance MONUSDT | 0.02589 | 0.0100 | get 0.0050% / 4h | 3m 03s | $24.6M | $23.4M | 75x |
Kraken Futures PF_MONUSD
Binance MONUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$13.93
- Funding while held
- −$23.64
- Slippage, 4 orders
- −$89.29
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$146.86
- Spread needed to break even
- 1.093%
Slippage from Kraken Futures: live order book, 46 min ago; Binance: live order book, 10 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0788%
- Per $10,000 a day
- −$23.64
- Average in range /8h
- —
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, 46 min ago | 13.30 bp | 45.6 bp −$46 | 8551.8 bp −$85.5K | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 1.93 bp | 16.6 bp −$17 | 65.6 bp −$656 | 347.4 bp −$34.7K | doesn't fit |
MON price on every exchange
against the cheapest. Click to use as the short leg.Bybit0.02586cheapestOKX0.02587+0.054%Injective0.02587+0.054%
Bybit
OKX
InjectiveBinance0.02589+0.131%
SoDEX0.02589+0.131%Perpl0.02590+0.159%dYdX0.02590+0.170%Gate0.02590+0.170%Bitget0.02590+0.170%Orderly0.02590+0.170%BloFin0.02590+0.170%Backpack0.02590+0.174%Aevo0.02590+0.186%Paradex0.02591+0.203%Pacifica0.02591+0.205%GMX0.02591+0.213%Aster0.02591+0.223%Hyperliquid0.02592+0.232%Extended0.02592+0.244%Lighter0.02592+0.248%Variational Omni0.02592+0.262%Deribit0.02592+0.263%
SoDEX
Perpl
dYdX
Gate
Bitget
Orderly
BloFin
Backpack
Aevo
Paradex
Pacifica
GMX
Aster
Hyperliquid
Extended
Lighter
Variational Omni
DeribitKraken Futures0.02593+0.271%
ApeX Omni0.02593+0.286%Nado0.02593+0.290%Aftermath Perps0.02595+0.345%Bulk0.02595+0.362%01 Exchange0.02595+0.367%edgeX0.02596+0.385%Phoenix0.02596+0.391%KuCoin0.02596+0.402%Coinbase International0.02606+0.781%
ApeX Omni
Nado
Bulk
Phoenix
KuCoin
Coinbase InternationalMON on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit MONUSDT | −0.270% | +0.0100% | 8h | $21.6M | $11.1M | 50x | as long as short |
| OKX MON-USDT-SWAP | −0.216% | +0.0100% | 4h | $4.4M | $6.5M | 50x | as long as short |
| Injective MON/USDC PERP | −0.216% | +0.0064% | 1h | $6K | $110 | 5.5x | as long as short |
| Binance MONUSDTshort | −0.139% | +0.0100% | 4h | $24.6M | $23.4M | 75x | |
| SoDEX MON-USD | −0.139% | +0.0100% | 1h | $5K | $6K | 5x | as long as short |
| Perpl MON | −0.112% | +0.0447% | 43m | $136K | $1.5M | 10x | as long as short |
| dYdX MON-USD | −0.101% | +0.0100% | 1h | $13K | — | 5x | as long as short |
| Gate MON_USDT | −0.101% | +0.0100% | 4h | $978K | $974K | 50x | as long as short |
| Bitget MONUSDT | −0.101% | +0.0100% | 4h | $2.7M | $1.7M | 25x | as long as short |
| Orderly PERP_MON_USDC | −0.101% | +0.0100% | 4h | $17K | $76K | 10x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin MON-USDT | −0.101% | +0.0058% | 4h | $1.4M | $199K | 75x | as long as short |
| Backpack MON_USDC_PERP | −0.097% | +0.0665% | 1h | $131K | $114K | 10x | as long as short |
| Aevo MON-PERP | −0.085% | +0.0104% | 1h | $39K | — | 3x | as long as short |
| Paradex MON-USD-PERP | −0.068% | +0.0100% | 8h | $8K | — | 5x | as long as short |
| Pacifica MON | −0.066% | +0.0100% | 1h | $163K | $89K | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | −0.058% | L +0.0231% / S −0.0343% | 1h | $6K | — | 50x | as long as short |
| Aster MONUSDT | −0.048% | +0.0100% | 4h | $114K | $222K | 10x | as long as short |
| Hyperliquid MON | −0.039% | +0.0669% | 1h | $34.9M | $7.8M | 5x | as long as short |
| Extended MON-USD | −0.027% | +0.0104% | 1h | $46K | $406K | 10x | as long as short |
| Lighter MON | −0.024% | +0.0096% | 1h | $884K | $796K | 10x | as long as short |
| Variational Omni MON | −0.009% | +0.0100% | 8h | $801K | $318K | — | as long as short |
| Deribit MON_USDC-PERPETUAL | −0.008% | +0.0368% | 1h | $44K | $69K | 25x | as long as short |
| Kraken Futures PF_MONUSDlong | 0.000% | +0.0888% | 1h | $257K | $70K | 10x | |
| ApeX Omni MONUSDT | +0.015% | +0.0100% | 1h | $69K | $498K | 50x | as long as short |
| Nado MON-PERP | +0.019% | +0.0100% | 1h | $305K | $514K | 10x | as long as short |
| Aftermath Perps MONUSD | +0.074% | +0.1404% | 1h | $6K | $84K | 10x | as long as short |
| Bulk MON-USD | +0.091% | +0.0100% | 1h | $101K | $20K | 10x | as long as short |
| 01 Exchange MONUSD | +0.096% | +0.0616% | 1h | $6K | $2K | 5x | as long as short |
| edgeX MONUSDC | +0.114% | +0.0100% | 4h | $48K | $239K | 10x | as long as short |
| Phoenix MON | +0.119% | +0.0305% | 1h | $13K | $427K | 5x | as long as short |
| KuCoin MONUSDTM | +0.131% | +0.0422% | 4h | $2.6M | $702K | 75x | as long as short |
| Coinbase International MON-PERP-INTX | +0.509% | +0.1208% | 1h | $115K | $41K | 50x | as long as short |