Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h +0.030%
Price spread now: Lighter against dYdX+0.027%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 0.027% dearer against dYdX than usual: you sell high and buy low, +$3 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 | dYdX MON-USD | 0.02557 | 0.0100 | pay 0.0013% / 1h | 5m 40s | $13K | — | 5x |
| Short | Lighter MON | 0.02558 | 0.0096 | get 0.0012% / 1h | 5m 40s | $849K | $794K | 10x |
dYdX MON-USD
Lighter MONFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against dYdX. 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: +0.027% → 0.000%
- $2.74
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$8.1
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: dYdX: no order-book sample; Lighter: live order book, 4 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 4 min ago | 9.76 bp | 25.0 bp −$25 | 131.5 bp −$1,315 | doesn't fit | doesn't fit |
dYdX: 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 | −0.0121% | 1h | 0.02559 | +0.066% | $6K | $109 | 5.5x | as long as short |
| 01 Exchange MONUSD | −0.0096% | 1h | 0.02555 | −0.082% | $6K | $1K | 5x | as long as short |
| Bybit MONUSDT | −0.0033% | 8h | 0.02554 | −0.113% | $21.1M | $12.1M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02559 | +0.063% | $13K | $360K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02557 | −0.027% | $69K | $119K | 25x | as long as short |
| Orderly PERP_MON_USDC | +0.0070% | 4h | 0.02556 | −0.051% | $17K | $64K | 10x | as long as short |
| Aftermath Perps MONUSD | +0.0092% | 1h | 0.02558 | +0.041% | $3K | $75K | 10x | as long as short |
| Lighter MONshort | +0.0096% | 1h | 0.02558 | +0.027% | $849K | $794K | 10x | |
| Paradex MON-USD-PERP | +0.0097% | 8h | 0.02555 | −0.079% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02560 | +0.112% | $390K | $541K | 10x | as long as short |
Injective MON/USDC PERP
01 Exchange MONUSD
Bybit MONUSDT
Phoenix MON
Deribit MON_USDC-PERPETUAL
Orderly PERP_MON_USDC
Aftermath Perps MONUSD
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 | 0.02559 | +0.074% | $34.6M | $7.6M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02558 | +0.012% | $106K | $231K | 10x | as long as short |
| dYdX MON-USDlong | +0.0100% | 1h | 0.02557 | long leg | $13K | — | 5x | |
| Pacifica MON | +0.0100% | 1h | 0.02558 | +0.020% | $141K | $104K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02557 | −0.024% | $24.4M | $25.5M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02554 | −0.129% | $4.3M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02555 | −0.091% | $107K | −$0 | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02557 | −0.012% | $975K | $913K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02558 | +0.027% | $2.7M | $1.9M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02558 | +0.020% | $127K | $141K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02554 | −0.123% | $772K | $407K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02557 | +0.002% | $47K | $243K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02560 | +0.105% | $580K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02559 | +0.066% | $68K | $482K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02555 | −0.090% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02558 | +0.034% | $51K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02556 | −0.070% | $39K | — | 3x | as long as short |
| KuCoin MONUSDTM | +0.0248% | 4h | 0.02562 | +0.184% | $3.0M | $719K | 75x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0598% | 1h | 0.02557 | −0.023% | $8K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02554 | −0.129% | $1.3M | $306K | 75x | as long as short |
| Kraken Futures PF_MONUSD | +0.0422% | 1h | 0.02560 | +0.086% | $269K | $78K | 10x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02557 | −0.031% | $124K | $1.8M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0480% | 1h | 0.02609 | +2.018% | $115K | $50K | 50x | as long as short |
Hyperliquid MON
Aster MONUSDT
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
Bitget MONUSDT
Backpack MON_USDC_PERP
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
KuCoin MONUSDTM
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Kraken Futures PF_MONUSD
Perpl MON
Coinbase International MON-PERP-INTX