Funding you earn now, next payment 23:00 UTC−0.0073%/8h= −8.0% APRnext payment −$0.09 per $10,000 · paid last 24h −0.194%
Price spread now: Nado against Kraken Futures+0.119%46s7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1001.004% of the position
Funding, last 3 days (all we have)−0.565%−$56 on $10k
+Price spread, last 3 days (all we have)−0.321%−$32 · spread now +0.119%, 7d avg +0.047%
=Together, before fees−0.886%+ Points / potential airdropNado: Active · farm board−$89 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Nado is 0.072% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.119% now, against its 7-day average of +0.047%): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.3 days. At the pace of the last 3 days (−0.565% in total) that is about 10 hours. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_MONUSD | 0.02583 | 0.0173 | pay 0.0022% / 1h | 47m 31s | $266K | $70K | 10x |
| Short | Nado MON-PERP | 0.02586 | 0.0100 | get 0.0012% / 1h | 47m 31s | $388K | $536K | 10x |
Kraken Futures PF_MONUSD
Nado MON-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- −$15.4
- Price spread: +0.119% → +0.047%
- $7.17
- Slippage, 4 orders
- −$83.36
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$108.6
- Costs to cover
- 1.004%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 35 min ago; Nado: live order book, 35 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, 35 min ago | 28.77 bp | 37.7 bp −$38 | 8171.5 bp −$81.7K | doesn't fit | doesn't fit |
| Sell Nado live order book, 35 min ago | 0.77 bp | 8.8 bp −$9 | 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange MONUSD | −0.0096% | 1h | 0.02585 | +0.081% | $6K | $1K | 5x | as long as short |
| Injective MON/USDC PERP | −0.0053% | 1h | 0.02582 | −0.051% | $6K | $107 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0035% | 8h | 0.02580 | −0.128% | $21.5M | $11.8M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02580 | −0.144% | $13K | $362K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02581 | −0.082% | $144K | $1.8M | 10x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02582 | −0.070% | $70K | $119K | 25x | as long as short |
| Aftermath Perps MONUSD | +0.0039% | 1h | 0.02584 | +0.025% | $2K | $74K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0071% | 8h | 0.02583 | −0.019% | $8K | $42 | 5x | as long as short |
| Orderly PERP_MON_USDC | +0.0075% | 4h | 0.02579 | −0.167% | $17K | $64K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02584 | +0.027% | $847K | $763K | 10x | as long as short |
01 Exchange MONUSD
Injective MON/USDC PERP
Bybit MONUSDT
Phoenix MON
Perpl MON
Deribit MON_USDC-PERPETUAL
Aftermath Perps MONUSD
Paradex MON-USD-PERP
Orderly PERP_MON_USDC
Lighter MONShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado MON-PERPshort | +0.0100% | 1h | 0.02586 | +0.119% | $388K | $536K | 10x | |
| Hyperliquid MON | +0.0100% | 1h | 0.02584 | +0.019% | $34.9M | $7.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02583 | −0.003% | $108K | $230K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02582 | −0.041% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02583 | −0.012% | $142K | $107K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02583 | −0.012% | $24.5M | $24.7M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02582 | −0.051% | $4.4M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02580 | −0.128% | $108K | $3K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02583 | −0.012% | $1.0M | $862K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02584 | +0.027% | $2.7M | $1.8M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02572 | −0.427% | $777K | $410K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02577 | −0.233% | $47K | $243K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02581 | −0.093% | $581K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02578 | −0.206% | $69K | $479K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02579 | −0.167% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02586 | +0.103% | $52K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02581 | −0.101% | $39K | — | 3x | as long as short |
| Kraken Futures PF_MONUSDlong | +0.0173% | 1h | 0.02583 | long leg | $266K | $70K | 10x | |
| GMX MON/USD [ETH-USDC] | L +0.0261% / S −0.0598% | 1h | 0.02582 | −0.051% | $9K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02580 | −0.128% | $1.4M | $293K | 75x | as long as short |
| KuCoin MONUSDTM | +0.0364% | 4h | 0.02590 | +0.259% | $3.2M | $766K | 75x | as long as short |
| Backpack MON_USDC_PERP | +0.0411% | 1h | 0.02581 | −0.074% | $138K | $136K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0536% | 1h | 0.02607 | +0.905% | $114K | $49K | 50x | as long as short |
Hyperliquid MON
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
KuCoin MONUSDTM
Backpack MON_USDC_PERP
Coinbase International MON-PERP-INTX