Spread before costs (cost unknown: a leg has no order-book sample)+0.127%
7d average—if it closes, per $10,000$13funding while held, a day+$26.55
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX MON-USD | 0.02582 | 0.0100 | pay 0.0013% / 1h | 39m 53s | $5K | $6K | 5x |
| Short | Kraken Futures PF_MONUSD | 0.02585 | 0.0985 | get 0.0123% / 1h | 39m 53s | $256K | $70K | 10x |
SoDEX MON-USD
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
- $12.71
- Funding while held
- $26.55
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $21.26
- Spread needed to break even
- 0.180%
Slippage unknown: SoDEX: no order-book sample; Kraken Futures: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0885%
- Per $10,000 a day
- +$26.55
- 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 4 min ago | 13.49 bp | 33.5 bp −$34 | 608.6 bp −$6,086 | doesn't fit | doesn't fit |
SoDEX: 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.Bulk0.02574cheapestPhoenix0.02578+0.157%Bybit0.02579+0.180%Variational Omni0.02579+0.198%GMX0.02580+0.227%Paradex0.02580+0.233%Backpack0.02581+0.258%Pacifica0.02581+0.270%dYdX0.02582+0.279%OKX0.02582+0.297%Gate0.02582+0.297%Orderly0.02582+0.297%
Bulk
Phoenix
Bybit
Variational Omni
GMX
Paradex
Backpack
Pacifica
dYdX
OKX
Gate
OrderlySoDEX0.02582+0.297%
Perpl0.02583+0.324%Aevo0.02584+0.355%Nado0.02584+0.368%Binance0.02584+0.372%Bitget0.02584+0.374%Aster0.02584+0.381%Aftermath Perps0.02584+0.382%01 Exchange0.02584+0.386%Deribit0.02584+0.394%Lighter0.02585+0.413%
Perpl
Aevo
Nado
Binance
Bitget
Aster
Deribit
LighterKraken Futures0.02585+0.424%
KuCoin0.02587+0.491%BloFin0.02587+0.491%Hyperliquid0.02588+0.514%Injective0.02588+0.530%Extended0.02588+0.536%ApeX Omni0.02589+0.569%edgeX0.02590+0.609%Coinbase International0.02593+0.728%
KuCoin
BloFin
Hyperliquid
Injective
Extended
ApeX Omni
Coinbase InternationalMON on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bulk MON-USD | −0.296% | +0.0100% | 1h | $105K | $25K | 10x | as long as short |
| Phoenix MON | −0.139% | +0.0310% | 1h | $13K | $420K | 5x | as long as short |
| Bybit MONUSDT | −0.116% | +0.0100% | 8h | $21.4M | $11.3M | 50x | as long as short |
| Variational Omni MON | −0.098% | +0.0100% | 8h | $799K | $312K | — | as long as short |
| GMX MON/USD [ETH-USDC] | −0.070% | L +0.0231% / S −0.0343% | 1h | $6K | — | 50x | as long as short |
| Paradex MON-USD-PERP | −0.064% | +0.0100% | 8h | $8K | — | 5x | as long as short |
| Backpack MON_USDC_PERP | −0.039% | +0.0169% | 1h | $126K | $126K | 10x | as long as short |
| Pacifica MON | −0.027% | +0.0100% | 1h | $163K | $89K | 3x | as long as short |
| dYdX MON-USD | −0.017% | +0.0100% | 1h | $13K | — | 5x | as long as short |
| OKX MON-USDT-SWAP | 0.000% | +0.0100% | 4h | $4.4M | $6.5M | 50x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate MON_USDT | 0.000% | +0.0100% | 4h | $974K | $927K | 50x | as long as short |
| Orderly PERP_MON_USDC | 0.000% | +0.0100% | 4h | $17K | $71K | 10x | as long as short |
| SoDEX MON-USDlong | 0.000% | +0.0100% | 1h | $5K | $6K | 5x | |
| Perpl MON | +0.027% | +0.0447% | 43m | $220K | $1.6M | 10x | as long as short |
| Aevo MON-PERP | +0.058% | +0.0104% | 1h | $39K | — | 3x | as long as short |
| Nado MON-PERP | +0.071% | +0.0100% | 1h | $302K | $510K | 10x | as long as short |
| Binance MONUSDT | +0.076% | +0.0100% | 4h | $24.6M | $23.3M | 75x | as long as short |
| Bitget MONUSDT | +0.077% | +0.0100% | 4h | $2.7M | $1.7M | 25x | as long as short |
| Aster MONUSDT | +0.084% | +0.0100% | 4h | $112K | $222K | 10x | as long as short |
| Aftermath Perps MONUSD | +0.085% | +0.1368% | 1h | $6K | $83K | 10x | as long as short |
| 01 Exchange MONUSD | +0.089% | +0.0416% | 1h | $6K | $2K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | +0.097% | +0.0486% | 1h | $44K | $70K | 25x | as long as short |
| Lighter MON | +0.116% | +0.0096% | 1h | $881K | $770K | 10x | as long as short |
| Kraken Futures PF_MONUSDshort | +0.127% | +0.0985% | 1h | $256K | $70K | 10x | |
| KuCoin MONUSDTM | +0.194% | +0.0444% | 4h | $2.6M | $703K | 75x | as long as short |
| BloFin MON-USDT | +0.194% | +0.0097% | 4h | $1.4M | $200K | 75x | as long as short |
| Hyperliquid MON | +0.217% | +0.0170% | 1h | $34.9M | $7.8M | 5x | as long as short |
| Injective MON/USDC PERP | +0.232% | +0.0199% | 1h | $6K | $108 | 5.5x | as long as short |
| Extended MON-USD | +0.239% | +0.0104% | 1h | $46K | $402K | 10x | as long as short |
| ApeX Omni MONUSDT | +0.271% | +0.0100% | 1h | $69K | $497K | 50x | as long as short |
| edgeX MONUSDC | +0.312% | +0.0100% | 4h | $48K | $238K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.430% | +0.1176% | 1h | $115K | $41K | 50x | as long as short |