Spread before costs (cost unknown: a leg has no order-book sample)−0.148%
7d average—if it closes, per $10,000$15funding while held, a day−$29.57
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_MONUSD | 0.02538 | 0.1086 | pay 0.0136% / 1h | 15m 25s | $253K | $73K | 10x |
| Short | Orderly PERP_MON_USDC | 0.02534 | 0.0100 | get 0.0050% / 4h | 2h 15m | $17K | $64K | 10x |
Kraken Futures PF_MONUSD
Orderly PERP_MON_USDCPrice 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
- −$14.76
- Funding while held
- −$29.57
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$60.33
- Spread needed to break even
- 0.160%
Slippage unknown: Kraken Futures: live order book, 24 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0986%
- Per $10,000 a day
- −$29.57
- 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, 24 min ago | 11.73 bp | 33.3 bp −$33 | 7209.1 bp −$72.1K | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
MON price on every exchange
against the cheapest. Click to use as the short leg.Bybit0.02531cheapestOKX0.02532+0.040%Bulk0.02533+0.075%01 Exchange0.02533+0.091%
Bybit
OKX
BulkOrderly0.02534+0.119%
SoDEX0.02534+0.119%Aevo0.02534+0.138%Paradex0.02535+0.144%Binance0.02535+0.158%Deribit0.02536+0.186%Gate0.02536+0.198%Bitget0.02536+0.198%Backpack0.02536+0.198%GMX0.02536+0.209%Pacifica0.02537+0.221%Variational Omni0.02537+0.226%Lighter0.02537+0.237%Phoenix0.02538+0.257%Aster0.02538+0.260%Nado0.02538+0.260%Hyperliquid0.02538+0.261%
SoDEX
Aevo
Paradex
Binance
Deribit
Gate
Bitget
Backpack
GMX
Pacifica
Variational Omni
Lighter
Phoenix
Aster
Nado
HyperliquidKraken Futures0.02538+0.267%
Perpl0.02538+0.273%ApeX Omni0.02538+0.277%dYdX0.02539+0.298%KuCoin0.02539+0.316%Extended0.02539+0.323%edgeX0.02539+0.333%Aftermath Perps0.02540+0.355%Injective0.02540+0.356%BloFin0.02540+0.356%Coinbase International0.02550+0.763%
Perpl
ApeX Omni
dYdX
KuCoin
Extended
Injective
BloFin
Coinbase InternationalMON on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit MONUSDT | −0.266% | −0.0159% | 8h | $21.0M | $11.2M | 50x | as long as short |
| OKX MON-USDT-SWAP | −0.226% | +0.0100% | 4h | $4.3M | $6.0M | 50x | as long as short |
| Bulk MON-USD | −0.191% | +0.0100% | 1h | $104K | $5K | 10x | as long as short |
| 01 Exchange MONUSD | −0.175% | −0.0096% | 1h | $6K | $1K | 5x | as long as short |
| Orderly PERP_MON_USDCshort | −0.148% | +0.0100% | 4h | $17K | $64K | 10x | |
| SoDEX MON-USD | −0.148% | +0.0100% | 1h | $5K | $6K | 5x | as long as short |
| Aevo MON-PERP | −0.128% | +0.0104% | 1h | $38K | — | 3x | as long as short |
| Paradex MON-USD-PERP | −0.122% | +0.0100% | 8h | $8K | $42 | 5x | as long as short |
| Binance MONUSDT | −0.108% | +0.0100% | 4h | $24.0M | $23.7M | 75x | as long as short |
| Deribit MON_USDC-PERPETUAL | −0.081% | 0.0000% | 1h | $47K | $74K | 25x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate MON_USDT | −0.069% | +0.0100% | 4h | $962K | $947K | 50x | as long as short |
| Bitget MONUSDT | −0.069% | +0.0100% | 4h | $2.6M | $1.8M | 25x | as long as short |
| Backpack MON_USDC_PERP | −0.069% | −0.0033% | 1h | $122K | $127K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | −0.057% | L +0.0231% / S −0.0343% | 1h | $6K | — | 50x | as long as short |
| Pacifica MON | −0.045% | +0.0100% | 1h | $149K | $99K | 3x | as long as short |
| Variational Omni MON | −0.041% | +0.0100% | 8h | $777K | $300K | — | as long as short |
| Lighter MON | −0.029% | +0.0096% | 1h | $829K | $762K | 10x | as long as short |
| Phoenix MON | −0.010% | 0.0000% | 1h | $13K | $386K | 5x | as long as short |
| Aster MONUSDT | −0.006% | +0.0100% | 4h | $104K | $239K | 10x | as long as short |
| Nado MON-PERP | −0.006% | +0.0100% | 1h | $302K | $518K | 10x | as long as short |
| Hyperliquid MON | −0.006% | +0.0100% | 1h | $34.2M | $7.5M | 5x | as long as short |
| Kraken Futures PF_MONUSDlong | 0.000% | +0.1086% | 1h | $253K | $73K | 10x | |
| Perpl MON | +0.006% | +0.0223% | 43m | $208K | $1.6M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.010% | +0.0100% | 1h | $68K | $493K | 50x | as long as short |
| dYdX MON-USD | +0.032% | +0.0100% | 1h | $13K | — | 5x | as long as short |
| KuCoin MONUSDTM | +0.049% | +0.0356% | 4h | $2.6M | $716K | 75x | as long as short |
| Extended MON-USD | +0.056% | +0.0104% | 1h | $45K | $400K | 10x | as long as short |
| edgeX MONUSDC | +0.067% | +0.0100% | 4h | $47K | $241K | 10x | as long as short |
| Aftermath Perps MONUSD | +0.088% | +0.1081% | 1h | $2K | $73K | 10x | as long as short |
| Injective MON/USDC PERP | +0.089% | −0.0302% | 1h | $6K | $109 | 5.5x | as long as short |
| BloFin MON-USDT | +0.089% | +0.0098% | 4h | $1.4M | $201K | 75x | as long as short |
| Coinbase International MON-PERP-INTX | +0.495% | +0.0928% | 1h | $113K | $51K | 50x | as long as short |