Spread before costs (cost unknown: a leg has no order-book sample)+0.082%
7d average+0.036%if it closes, per $10,000$8funding while held, a day−$19.81
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_MONUSD | 0.02578 | 0.0988 | pay 0.0123% / 1h | 25m 12s | $256K | $70K | 10x |
| Short | Hyperliquid MON | 0.02580 | 0.0328 | get 0.0041% / 1h | 25m 12s | $34.8M | $7.7M | 5x |
Kraken Futures PF_MONUSD
Hyperliquid MONPrice 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
- $8.15
- Funding while held
- −$19.81
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$30.66
- Spread needed to break even
- 0.190%
Slippage unknown: Kraken Futures: live order book, 19 min ago; Hyperliquid: live order book, 9 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0660%
- Per $10,000 a day
- −$19.81
- 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, 19 min ago | 13.49 bp | 39.3 bp −$39 | 8838.8 bp −$88.4K | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 9 min ago | 2.14 bp | 13.7 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
MON price on every exchange
against the cheapest. Click to use as the short leg.Bybit0.02570cheapestOKX0.02570cheapestBitget0.02572+0.078%Binance0.02573+0.118%Gate0.02575+0.195%Orderly0.02575+0.195%Variational Omni0.02575+0.196%GMX0.02575+0.206%Lighter0.02576+0.233%Aevo0.02576+0.233%SoDEX0.02576+0.233%BloFin0.02576+0.233%Aster0.02577+0.261%Paradex0.02577+0.270%Backpack0.02577+0.272%Perpl0.02577+0.276%Deribit0.02577+0.292%
Bybit
OKX
Bitget
Binance
Gate
Orderly
Variational Omni
GMX
Lighter
Aevo
SoDEX
BloFin
Aster
Paradex
Backpack
Perpl
DeribitKraken Futures0.02578+0.300%
dYdX0.02578+0.316%Pacifica0.02578+0.319%Aftermath Perps0.02579+0.335%01 Exchange0.02579+0.346%Phoenix0.02579+0.358%
dYdX
Pacifica
PhoenixHyperliquid0.02580+0.381%
Bulk0.02580+0.389%ApeX Omni0.02580+0.389%Extended0.02581+0.418%KuCoin0.02581+0.428%Injective0.02581+0.428%edgeX0.02582+0.467%Nado0.02583+0.524%Coinbase International0.02587+0.650%
Bulk
ApeX Omni
Extended
KuCoin
Injective
Nado
Coinbase InternationalMON on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit MONUSDT | −0.299% | +0.0100% | 8h | $21.4M | $11.2M | 50x | as long as short |
| OKX MON-USDT-SWAP | −0.299% | +0.0100% | 4h | $4.4M | $6.4M | 50x | as long as short |
| Bitget MONUSDT | −0.221% | +0.0100% | 4h | $2.7M | $1.7M | 25x | as long as short |
| Binance MONUSDT | −0.181% | +0.0100% | 4h | $24.5M | $23.2M | 75x | as long as short |
| Gate MON_USDT | −0.105% | +0.0100% | 4h | $974K | $930K | 50x | as long as short |
| Orderly PERP_MON_USDC | −0.105% | +0.0100% | 4h | $17K | $71K | 10x | as long as short |
| Variational Omni MON | −0.103% | +0.0100% | 8h | $798K | $313K | — | as long as short |
| GMX MON/USD [ETH-USDC] | −0.093% | L +0.0231% / S −0.0343% | 1h | $6K | — | 50x | as long as short |
| Lighter MON | −0.066% | +0.0176% | 1h | $873K | $778K | 10x | as long as short |
| Aevo MON-PERP | −0.066% | +0.0104% | 1h | $39K | — | 3x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX MON-USD | −0.066% | +0.0100% | 1h | $5K | $6K | 5x | as long as short |
| BloFin MON-USDT | −0.066% | +0.0109% | 4h | $1.4M | $200K | 75x | as long as short |
| Aster MONUSDT | −0.039% | +0.0100% | 4h | $112K | $223K | 10x | as long as short |
| Paradex MON-USD-PERP | −0.029% | +0.0100% | 8h | $8K | — | 5x | as long as short |
| Backpack MON_USDC_PERP | −0.027% | +0.0100% | 1h | $125K | $126K | 10x | as long as short |
| Perpl MON | −0.023% | +0.0447% | 43m | $218K | $1.6M | 10x | as long as short |
| Deribit MON_USDC-PERPETUAL | −0.008% | +0.0527% | 1h | $44K | $70K | 25x | as long as short |
| Kraken Futures PF_MONUSDlong | 0.000% | +0.0988% | 1h | $256K | $70K | 10x | |
| dYdX MON-USD | +0.016% | +0.0100% | 1h | $13K | — | 5x | as long as short |
| Pacifica MON | +0.019% | +0.0100% | 1h | $163K | $88K | 3x | as long as short |
| Aftermath Perps MONUSD | +0.035% | +0.1366% | 1h | $6K | $83K | 10x | as long as short |
| 01 Exchange MONUSD | +0.047% | +0.0400% | 1h | $6K | $1K | 5x | as long as short |
| Phoenix MON | +0.058% | +0.0310% | 1h | $13K | $420K | 5x | as long as short |
| Hyperliquid MONshort | +0.082% | +0.0328% | 1h | $34.8M | $7.7M | 5x | |
| Bulk MON-USD | +0.089% | +0.0100% | 1h | $106K | $25K | 10x | as long as short |
| ApeX Omni MONUSDT | +0.089% | +0.0100% | 1h | $69K | $497K | 50x | as long as short |
| Extended MON-USD | +0.118% | +0.0104% | 1h | $46K | $402K | 10x | as long as short |
| KuCoin MONUSDTM | +0.128% | +0.0476% | 4h | $2.6M | $706K | 75x | as long as short |
| Injective MON/USDC PERP | +0.128% | +0.0199% | 1h | $6K | $110 | 5.5x | as long as short |
| edgeX MONUSDC | +0.167% | +0.0100% | 4h | $47K | $239K | 10x | as long as short |
| Nado MON-PERP | +0.224% | +0.0100% | 1h | $302K | $508K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.349% | +0.1176% | 1h | $115K | $47K | 50x | as long as short |