Data-stream processing has continuously risen in importance as the amount of available data has been steadily increasing over the last decade. Besides traditional domains such as data-center monitoring and click analytics, there is an increasing number of network-enabled production machines that generate continuous streams of data. Due to their continuous nature, queries on data-streams can be more complex, and distinctly harder to understand then database queries. As users have to consider operational details, maintenance and debugging become challenging. Current approaches model data-streams as sequences, because this is the way they are physically received. These models result in an implementation-focused perspective. We explore an alternate way of modeling datastreams by focusing on time-slicing semantics. This focus results in a model based on functions, which is better suited for reasoning about query semantics. By adapting the definitions of relevant concepts in stream processing to our model, we illustrate the practical useful- ness of our approach. Thereby, we link data-streams and query primitives to concepts in functional programming and mathematics. Most noteworthy, we prove that data-streams are monads, and show how to derive monad definitions for current data-stream models. We provide an abstract, yet practical perspective on data- stream related subjects based on a sound, consistent query model. Our work can serve as solid foundation for future data-stream query-languages. Sequences, yet Functions: The Dual Nature of Data-Stream Processing