After costs, if the gap returns to its 7d average, $10k−$100
spread now+0.133%7d average+0.131%fees + slippage, in and out−$100spread needed1.004%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX MON-USDT-SWAP | 0.02519 | 0.0100 | pay 0.0050% / 4h | 2h 07m | $4.3M | $5.9M | 50x |
| Short | Kraken Futures PF_MONUSD | 0.02522 | 0.1092 | get 0.0137% / 1h | 7m 45s | $251K | $73K | 10x |
OKX MON-USDT-SWAP
Kraken Futures PF_MONUSDPrice 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
- $13.31
- Funding while held
- $29.76
- Slippage, 4 orders
- −$80.42
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$57.35
- Spread needed to break even
- 1.004%
Slippage from OKX: live order book, 2 min ago; Kraken Futures: live order book, 31 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0992%
- Per $10,000 a day
- +$29.76
- 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 OKX live order book, 2 min ago | 1.99 bp | 21.3 bp −$21 | 89.4 bp −$894 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 31 min ago | 11.73 bp | 27.0 bp −$27 | 516.9 bp −$5,169 | doesn't fit | doesn't fit |
MON price on every exchange
against the cheapest. Click to use as the short leg.Orderly0.02517cheapestBackpack0.02519+0.075%Bybit0.02519+0.079%
Orderly
Backpack
BybitOKX0.02519+0.079%
Gate0.02519+0.079%Aevo0.02519+0.079%SoDEX0.02519+0.079%Binance0.02520+0.119%Paradex0.02521+0.139%dYdX0.02521+0.147%GMX0.02521+0.147%Pacifica0.02521+0.151%Aster0.02521+0.154%Lighter0.02521+0.159%KuCoin0.02521+0.159%01 Exchange0.02521+0.163%Deribit0.02521+0.163%Hyperliquid0.02521+0.175%Extended0.02522+0.188%Bitget0.02522+0.199%BloFin0.02522+0.199%
Gate
Aevo
SoDEX
Binance
Paradex
dYdX
GMX
Pacifica
Aster
Lighter
KuCoin
Deribit
Hyperliquid
Extended
Bitget
BloFinKraken Futures0.02522+0.213%
Variational Omni0.02523+0.227%Nado0.02524+0.268%edgeX0.02524+0.281%Phoenix0.02527+0.385%Perpl0.02527+0.385%ApeX Omni0.02528+0.437%Aftermath Perps0.02530+0.508%Bulk0.02535+0.713%Injective0.02540+0.914%Coinbase International0.02550+1.323%
Variational Omni
Nado
Phoenix
Perpl
ApeX Omni
Bulk
Injective
Coinbase InternationalMON on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_MON_USDC | −0.079% | +0.0100% | 4h | $16K | $64K | 10x | as long as short |
| Backpack MON_USDC_PERP | −0.004% | −0.0122% | 1h | $123K | $128K | 10x | as long as short |
| Bybit MONUSDT | 0.000% | −0.0152% | 8h | $20.9M | $11.3M | 50x | as long as short |
| OKX MON-USDT-SWAPlong | 0.000% | +0.0100% | 4h | $4.3M | $5.9M | 50x | |
| Gate MON_USDT | 0.000% | +0.0100% | 4h | $957K | $955K | 50x | as long as short |
| Aevo MON-PERP | 0.000% | +0.0104% | 1h | $38K | — | 3x | as long as short |
| SoDEX MON-USD | 0.000% | +0.0100% | 1h | $5K | $6K | 5x | as long as short |
| Binance MONUSDT | +0.040% | +0.0100% | 4h | $23.8M | $23.8M | 75x | as long as short |
| Paradex MON-USD-PERP | +0.060% | +0.0100% | 8h | $8K | $42 | 5x | as long as short |
| dYdX MON-USD | +0.067% | +0.0100% | 1h | $13K | — | 5x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| GMX MON/USD [ETH-USDC] | +0.067% | L +0.0231% / S −0.0343% | 1h | $6K | — | 50x | as long as short |
| Pacifica MON | +0.071% | +0.0100% | 1h | $148K | $100K | 3x | as long as short |
| Aster MONUSDT | +0.074% | +0.0100% | 4h | $105K | $241K | 10x | as long as short |
| Lighter MON | +0.079% | +0.0096% | 1h | $823K | $763K | 10x | as long as short |
| KuCoin MONUSDTM | +0.079% | +0.0302% | 4h | $2.6M | $696K | 75x | as long as short |
| 01 Exchange MONUSD | +0.083% | −0.0128% | 1h | $6K | $1K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | +0.083% | 0.0000% | 1h | $46K | $74K | 25x | as long as short |
| Hyperliquid MON | +0.095% | +0.0100% | 1h | $34.0M | $7.5M | 5x | as long as short |
| Extended MON-USD | +0.109% | +0.0104% | 1h | $45K | $400K | 10x | as long as short |
| Bitget MONUSDT | +0.119% | +0.0100% | 4h | $2.6M | $1.8M | 25x | as long as short |
| BloFin MON-USDT | +0.119% | +0.0068% | 4h | $1.3M | $200K | 75x | as long as short |
| Kraken Futures PF_MONUSDshort | +0.133% | +0.1092% | 1h | $251K | $73K | 10x | |
| Variational Omni MON | +0.147% | +0.0100% | 8h | $782K | $310K | — | as long as short |
| Nado MON-PERP | +0.188% | +0.0100% | 1h | $310K | $526K | 10x | as long as short |
| edgeX MONUSDC | +0.201% | +0.0100% | 4h | $46K | $240K | 10x | as long as short |
| Phoenix MON | +0.306% | 0.0000% | 1h | $13K | $386K | 5x | as long as short |
| Perpl MON | +0.306% | +0.0223% | 43m | $207K | $1.7M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.357% | +0.0100% | 1h | $68K | $492K | 50x | as long as short |
| Aftermath Perps MONUSD | +0.428% | +0.0959% | 1h | $2K | $73K | 10x | as long as short |
| Bulk MON-USD | +0.633% | +0.0100% | 1h | $104K | $5K | 10x | as long as short |
| Injective MON/USDC PERP | +0.834% | −0.0302% | 1h | $6K | $109 | 5.5x | as long as short |
| Coinbase International MON-PERP-INTX | +1.243% | +0.0928% | 1h | $113K | $51K | 50x | as long as short |