Funding you earn now, next payment 22:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h +0.028%
Price spread now: Lighter against Aevo+0.155%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.155% dearer against Aevo than usual: you sell high and buy low, +$15 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo MON-PERP | 0.02582 | 0.0104 | pay 0.0013% / 1h | 47m 36s | $39K | — | 3x |
| Short | Lighter MON | 0.02586 | 0.0096 | get 0.0012% / 1h | 47m 36s | $847K | $753K | 10x |
Aevo MON-PERP
Lighter MONFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Aevo. 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
- −$1.68
- Price spread: +0.155% → 0.000%
- $15.49
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$2.19
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Lighter: live order book, 37 min ago. Net counts fees only.
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 Aevo no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 37 min ago | 11.64 bp | 25.7 bp −$26 | 121.5 bp −$1,215 | doesn't fit | doesn't fit |
Aevo: 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective MON/USDC PERP | −0.0739% | 1h | 0.02587 | +0.194% | $6K | $107 | 5.5x | as long as short |
| 01 Exchange MONUSD | −0.0112% | 1h | 0.02587 | +0.190% | $6K | $1K | 5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02579 | −0.097% | $13K | $384K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02585 | +0.101% | $63K | $110K | 25x | as long as short |
| Bybit MONUSDT | +0.0010% | 8h | 0.02583 | +0.039% | $21.6M | $11.8M | 50x | as long as short |
| BloFin MON-USDT | +0.0066% | 4h | 0.02579 | −0.116% | $1.4M | $242K | 75x | as long as short |
| Orderly PERP_MON_USDC | +0.0092% | 4h | 0.02583 | +0.039% | $17K | $64K | 10x | as long as short |
| Lighter MONshort | +0.0096% | 1h | 0.02586 | +0.155% | $847K | $753K | 10x | |
| Paradex MON-USD-PERP | +0.0099% | 8h | 0.02585 | +0.119% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02584 | +0.075% | $348K | $535K | 10x | as long as short |
Injective MON/USDC PERP
01 Exchange MONUSD
Phoenix MON
Deribit MON_USDC-PERPETUAL
Bybit MONUSDT
BloFin MON-USDT
Orderly PERP_MON_USDC
Paradex MON-USD-PERP
Nado MON-PERPShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MON | +0.0100% | 1h | 0.02587 | +0.178% | $34.8M | $7.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02584 | +0.074% | $108K | $233K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02585 | +0.116% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02584 | +0.089% | $143K | $107K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02583 | +0.039% | $24.5M | $24.6M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02583 | +0.039% | $4.4M | $6.0M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02575 | −0.271% | $108K | $3K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02584 | +0.077% | $1.0M | $927K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02585 | +0.116% | $2.7M | $1.8M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02573 | −0.367% | $773K | $405K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02576 | −0.248% | $47K | $242K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02577 | −0.175% | $579K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02578 | −0.155% | $69K | $482K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02583 | +0.039% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02587 | +0.186% | $52K | $407K | 10x | as long as short |
| Aevo MON-PERPlong | +0.0104% | 1h | 0.02582 | long leg | $39K | — | 3x | |
| Kraken Futures PF_MONUSD | +0.0132% | 1h | 0.02586 | +0.155% | $263K | $63K | 10x | as long as short |
| Backpack MON_USDC_PERP | +0.0243% | 1h | 0.02584 | +0.081% | $137K | $137K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0261% / S −0.1052% | 1h | 0.02583 | +0.050% | $13K | — | 50x | as long as short |
| KuCoin MONUSDTM | +0.0354% | 4h | 0.02591 | +0.349% | $3.2M | $789K | 75x | as long as short |
| Aftermath Perps MONUSD | +0.0398% | 1h | 0.02583 | +0.043% | $2K | $73K | 10x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02582 | +0.012% | $145K | $1.8M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0648% | 1h | 0.02625 | +1.677% | $115K | $51K | 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
Kraken Futures PF_MONUSD
Backpack MON_USDC_PERP
GMX MON/USD [ETH-USDC]
KuCoin MONUSDTM
Aftermath Perps MONUSD
Perpl MON
Coinbase International MON-PERP-INTX