Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h +0.019%
Price spread now: Lighter against ApeX Omni+0.080%108s7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$760.757% of the position
Funding, last 7 days+0.063%+$6 on $10k
+Price spread, last 4 days (all we have)−0.945%−$95 · spread now +0.080%, 7d avg +0.057%
=Together, before fees−0.882%+ Points / potential airdropLighter: Season 3 · farm board−$88 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.023% dearer against ApeX Omni than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.057%. The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni MONUSDT | 0.02507 | 0.0100 | pay 0.0013% / 1h | 1m 36s | $68K | $542K | 50x |
| Short | Lighter MON | 0.02509 | 0.0096 | get 0.0012% / 1h | 1m 36s | $804K | $785K | 10x |
ApeX Omni MONUSDT
Lighter MONFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against ApeX Omni. 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
- −$0.84
- Price spread: +0.080% → +0.057%
- $2.27
- Slippage, 4 orders
- −$65.73
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$74.3
- Costs to cover
- 0.757%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 36 min ago; Lighter: live order book, 33 min ago.
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 ApeX Omni live order book, 36 min ago | 10.01 bp | 19.2 bp −$19 | 113.7 bp −$1,137 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 33 min ago | 9.99 bp | 17.7 bp −$18 | 114.8 bp −$1,148 | doesn't fit | doesn't fit |
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 | −0.0032% | 1h | 0.02505 | −0.080% | $5K | $113 | 5.5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02507 | +0.012% | $13K | $349K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02506 | −0.052% | $118K | $2.2M | 10x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02506 | −0.048% | $73K | $138K | 25x | as long as short |
| Lighter MONshort | +0.0096% | 1h | 0.02509 | +0.080% | $804K | $785K | 10x | |
| Backpack MON_USDC_PERP | +0.0096% | 1h | 0.02507 | +0.008% | $109K | $157K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0100% | 8h | 0.02506 | −0.034% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02510 | +0.125% | $393K | $577K | 10x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02507 | −0.002% | $99K | $213K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02505 | −0.069% | $13K | — | 5x | as long as short |
Injective MON/USDC PERP
Phoenix MON
Perpl MON
Deribit MON_USDC-PERPETUAL
Backpack MON_USDC_PERP
Paradex MON-USD-PERP
Nado MON-PERP
Aster MONUSDT
dYdX MON-USDShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica MON | +0.0100% | 1h | 0.02507 | 0.000% | $139K | $91K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02506 | −0.037% | $23.8M | $27.6M | 75x | as long as short |
| Bybit MONUSDT | +0.0100% | 8h | 0.02505 | −0.072% | $20.9M | $13.9M | 50x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02506 | −0.040% | $4.2M | $6.2M | 50x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02507 | 0.000% | $938K | $1.1M | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02511 | +0.160% | $2.9M | $765K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02507 | 0.000% | $2.7M | $2.3M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02504 | −0.113% | $743K | $410K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02507 | −0.004% | $41K | $251K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02508 | +0.040% | $558K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDTlong | +0.0100% | 1h | 0.02507 | long leg | $68K | $542K | 50x | |
| Orderly PERP_MON_USDC | +0.0100% | 4h | 0.02506 | −0.040% | $16K | $42K | 10x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02505 | −0.080% | $5K | $6K | 5x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02510 | +0.120% | $103K | −$0 | 10x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02509 | +0.093% | $47K | $316K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02506 | −0.040% | $38K | — | 3x | as long as short |
| Hyperliquid MON | +0.0152% | 1h | 0.02510 | +0.112% | $33.9M | $7.8M | 5x | as long as short |
| 01 Exchange MONUSD | +0.0216% | 1h | 0.02507 | −0.008% | $6K | $3K | 5x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0231% / S −0.0246% | 1h | 0.02507 | −0.012% | $6K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02506 | −0.040% | $1.3M | $334K | 75x | as long as short |
| Aftermath Perps MONUSD | +0.0521% | 1h | 0.02507 | −0.013% | $4K | $102K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0680% | 1h | 0.02515 | +0.323% | $111K | $54K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.1202% | 1h | 0.02508 | +0.023% | $269K | $118K | 10x | as long as short |
Pacifica MON
Binance MONUSDT
Bybit MONUSDT
OKX MON-USDT-SWAP
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
Orderly PERP_MON_USDC
SoDEX MON-USD
Bulk MON-USD
Extended MON-USD
Aevo MON-PERP
Hyperliquid MON
01 Exchange MONUSD
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Aftermath Perps MONUSD
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD