Funding you earn now, next payment 07:00 UTC−0.0745%/8h= −81.5% APRpaid last 24h −0.188%
Price spread now: edgeX against Kraken Futures−0.077%7-day average −0.134% · you buy dearer than you sell
Net, funding: paid 7d − costs−$168as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$1051.050% of the position
Funding, last 7 days−0.629%−$63 on $10k
+Price spread, last 4 days (all we have)−0.386%−$39 · spread now −0.077%, 7d avg −0.134%
=Together, before fees−1.015%+ Points / potential airdropedgeX: Active · farm board−$101 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.056% dearer against Kraken Futures than usual: you sell high and buy low (spread −0.077% now, against its 7-day average of −0.134%): +$6 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.629% in total) that is about 15 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_MONUSD | 0.02502 | 0.0845 | pay 0.0106% / 1h | 46m 35s | $269K | $118K | 10x |
| Short | edgeX MONUSDC | 0.02500 | 0.0100 | get 0.0050% / 4h | 1h 46m | $41K | $251K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Kraken Futures. 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
- −$156.37
- Price spread: −0.077% → −0.134%
- $5.64
- Slippage, 4 orders
- −$86.01
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$255.75
- Costs to cover
- 1.050%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 61 min ago; edgeX: live order book, 61 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 Kraken Futures live order book, 61 min ago | 20.01 bp | 26.9 bp −$27 | 7640.9 bp −$76.4K | doesn't fit | doesn't fit |
| Sell edgeX live order book, 61 min ago | 10.03 bp | 23.7 bp −$24 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix MON | 0.0000% | 1h | 0.02500 | −0.109% | $13K | $353K | 5x | as long as short |
| Bybit MONUSDT | +0.0046% | 8h | 0.02496 | −0.248% | $20.5M | $13.7M | 50x | as long as short |
| Orderly PERP_MON_USDC | +0.0085% | 4h | 0.02500 | −0.093% | $16K | $48K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02499 | −0.133% | $802K | $786K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0100% | 8h | 0.02496 | −0.246% | $8K | $42 | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02500 | −0.098% | $99K | $221K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02500 | −0.083% | $12K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02498 | −0.157% | $138K | $91K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02497 | −0.213% | $23.8M | $27.7M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02496 | −0.252% | $4.2M | $6.2M | 50x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bulk MON-USD | +0.0100% | 1h | 0.02500 | −0.093% | $103K | $1K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02499 | −0.133% | $935K | $1.0M | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02504 | +0.067% | $2.9M | $766K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02499 | −0.133% | $2.7M | $2.2M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02499 | −0.133% | $113K | $154K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02498 | −0.189% | $741K | $413K | — | as long as short |
| edgeX MONUSDCshort | +0.0100% | 4h | 0.02500 | −0.077% | $41K | $251K | 10x | |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02501 | −0.046% | $556K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02502 | −0.013% | $68K | $533K | 50x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02503 | +0.039% | $400K | $578K | 10x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02499 | −0.133% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02501 | −0.056% | $48K | $267K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02499 | −0.153% | $38K | — | 3x | as long as short |
| Injective MON/USDC PERP | +0.0109% | 1h | 0.02503 | +0.027% | $5K | $110 | 5.5x | as long as short |
| Aftermath Perps MONUSD | +0.0152% | 1h | 0.02503 | +0.008% | $6K | $98K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0230% / S −0.0246% | 1h | 0.02498 | −0.165% | $6K | — | 50x | as long as short |
| 01 Exchange MONUSD | +0.0248% | 1h | 0.02498 | −0.173% | $7K | $2K | 5x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02502 | −0.013% | $1.3M | $347K | 75x | as long as short |
| Deribit MON_USDC-PERPETUAL | +0.0390% | 1h | 0.02500 | −0.093% | $73K | $135K | 25x | as long as short |
| Hyperliquid MON | +0.0391% | 1h | 0.02500 | −0.073% | $33.8M | $7.8M | 5x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02499 | −0.153% | $114K | $2.2M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0576% | 1h | 0.02542 | +1.606% | $112K | $55K | 50x | as long as short |
| Kraken Futures PF_MONUSDlong | +0.0845% | 1h | 0.02502 | long leg | $269K | $118K | 10x |
Kraken Futures PF_MONUSD
edgeX MONUSDC
Phoenix MON
Bybit MONUSDT
Lighter MON
Paradex MON-USD-PERP
Aster MONUSDT
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
Backpack MON_USDC_PERP
Variational Omni MON
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Injective MON/USDC PERP
Aftermath Perps MONUSD
GMX MON/USD [ETH-USDC]
01 Exchange MONUSD
BloFin MON-USDT
Deribit MON_USDC-PERPETUAL
Hyperliquid MON
Coinbase International MON-PERP-INTX