Funding you earn now, next payment 22:00 UTC−0.0327%/8h= −35.8% APRnext payment −$0.41 per $10,000 · paid last 24h −0.220%
Price spread now: Lighter against Aftermath Perps−0.085%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Lighter is 0.085% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps MONUSD | 0.02602 | 0.0423 | pay 0.0053% / 1h | 58m 38s | $2K | $73K | 10x |
| Short | Lighter MON | 0.02600 | 0.0096 | get 0.0012% / 1h | 58m 38s | $852K | $753K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Aftermath Perps. 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
- −$68.72
- Price spread: −0.085% → 0.000%
- −$8.51
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$86.23
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Lighter: live order book, 26 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 Aftermath Perps no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 26 min ago | 11.64 bp | 25.7 bp −$26 | 121.5 bp −$1,215 | doesn't fit | doesn't fit |
Aftermath Perps: 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 | 0.02581 | −0.815% | $6K | $106 | 5.5x | as long as short |
| 01 Exchange MONUSD | −0.0200% | 1h | 0.02596 | −0.254% | $6K | $1K | 5x | as long as short |
| Bybit MONUSDT | 0.0000% | 8h | 0.02595 | −0.277% | $21.7M | $11.8M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02602 | −0.020% | $14K | $371K | 5x | as long as short |
| Orderly PERP_MON_USDC | +0.0093% | 4h | 0.02599 | −0.124% | $17K | $64K | 10x | as long as short |
| Lighter MONshort | +0.0096% | 1h | 0.02600 | −0.085% | $852K | $753K | 10x | |
| Deribit MON_USDC-PERPETUAL | +0.0096% | 1h | 0.02600 | −0.093% | $64K | $103K | 25x | as long as short |
| Paradex MON-USD-PERP | +0.0099% | 8h | 0.02596 | −0.235% | $8K | $42 | 5x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02601 | −0.047% | $35.0M | $7.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02600 | −0.085% | $108K | $233K | 10x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX MON-USD | +0.0100% | 1h | 0.02600 | −0.099% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02599 | −0.124% | $144K | $108K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02597 | −0.200% | $24.7M | $24.6M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02595 | −0.277% | $4.4M | $6.1M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02610 | +0.299% | $110K | $3K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02599 | −0.124% | $1.0M | $923K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02599 | −0.124% | $2.8M | $1.8M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02602 | −0.026% | $779K | $403K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02604 | +0.075% | $48K | $243K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02605 | +0.107% | $584K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02604 | +0.069% | $69K | $485K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02597 | −0.200% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02600 | −0.098% | $52K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02598 | −0.147% | $39K | — | 3x | as long as short |
| Kraken Futures PF_MONUSD | +0.0131% | 1h | 0.02601 | −0.061% | $260K | $59K | 10x | as long as short |
| BloFin MON-USDT | +0.0146% | 4h | 0.02598 | −0.162% | $1.4M | $247K | 75x | as long as short |
| Nado MON-PERP | +0.0231% | 1h | 0.02602 | −0.003% | $347K | $536K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0314% / S −0.1052% | 1h | 0.02599 | −0.143% | $14K | — | 50x | as long as short |
| Backpack MON_USDC_PERP | +0.0330% | 1h | 0.02599 | −0.135% | $137K | $137K | 10x | as long as short |
| KuCoin MONUSDTM | +0.0386% | 4h | 0.02606 | +0.145% | $3.2M | $790K | 75x | as long as short |
| Aftermath Perps MONUSDlong | +0.0423% | 1h | 0.02602 | long leg | $2K | $73K | 10x | |
| Perpl MON | +0.0447% | 43m | 0.02599 | −0.112% | $146K | $1.8M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0648% | 1h | 0.02625 | +0.887% | $115K | $51K | 50x | as long as short |
Aftermath Perps MONUSD
Lighter MON
Injective MON/USDC PERP
01 Exchange MONUSD
Bybit MONUSDT
Phoenix MON
Deribit MON_USDC-PERPETUAL
Paradex MON-USD-PERP
Hyperliquid MON
Aster MONUSDT
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
BloFin MON-USDT
GMX MON/USD [ETH-USDC]
Backpack MON_USDC_PERP
KuCoin MONUSDTM
Coinbase International MON-PERP-INTX