Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.046%
Price spread now: Lighter against KuCoin0.000%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1251.251% of the position
Funding, last 7 days+0.043%+$4 on $10k
+Price spread, last 4 days (all we have)+0.041%+$4 · spread now 0.000%, 7d avg −0.009%
=Together, before fees+0.084%+ Points / potential airdropLighter: Season 3 · farm board+$8 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MONUSDTM | 0.02486 | 0.0100 | pay 0.0050% / 4h | 1h 33m | $2.8M | $762K | 75x |
| Short | Lighter MON | 0.02486 | 0.0096 | get 0.0012% / 1h | 33m 57s | $797K | $787K | 10x |
KuCoin MONUSDTM
Lighter MONFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against KuCoin. 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: 0.000% → −0.009%
- $0.94
- Slippage, 4 orders
- −$113.1
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$125
- Costs to cover
- 1.251%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; Lighter: live order book, 6 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 KuCoin live order book, 3 min ago | 8.00 bp | 24.2 bp −$24 | 864.6 bp −$8,646 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 6 min ago | 2.00 bp | 28.9 bp −$29 | 146.4 bp −$1,464 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix MON | 0.0000% | 1h | 0.02493 | +0.282% | $13K | $353K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02484 | −0.088% | $72K | $138K | 25x | as long as short |
| Bybit MONUSDT | +0.0055% | 8h | 0.02482 | −0.161% | $20.4M | $13.7M | 50x | as long as short |
| Orderly PERP_MON_USDC | +0.0085% | 4h | 0.02484 | −0.080% | $16K | $48K | 10x | as long as short |
| Lighter MONshort | +0.0096% | 1h | 0.02486 | 0.000% | $797K | $787K | 10x | |
| Paradex MON-USD-PERP | +0.0100% | 8h | 0.02489 | +0.105% | $7K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02493 | +0.301% | $396K | $572K | 10x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02486 | −0.007% | $98K | $221K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02492 | +0.251% | $12K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02491 | +0.201% | $138K | $91K | 3x | as long as short |
Phoenix MON
Deribit MON_USDC-PERPETUAL
Bybit MONUSDT
Orderly PERP_MON_USDC
Paradex MON-USD-PERP
Nado MON-PERP
Aster MONUSDT
dYdX MON-USD
Pacifica MONShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance MONUSDT | +0.0100% | 4h | 0.02484 | −0.087% | $23.6M | $27.6M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02484 | −0.080% | $4.1M | $6.1M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02500 | +0.563% | $103K | $1K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02484 | −0.080% | $925K | $1.0M | 50x | as long as short |
| KuCoin MONUSDTMlong | +0.0100% | 4h | 0.02486 | long leg | $2.8M | $762K | 75x | |
| Bitget MONUSDT | +0.0100% | 4h | 0.02484 | −0.080% | $2.7M | $2.3M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02486 | −0.016% | $111K | $155K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02489 | +0.123% | $739K | $411K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02495 | +0.381% | $41K | $250K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02497 | +0.442% | $555K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02494 | +0.322% | $68K | $536K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02483 | −0.121% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02488 | +0.069% | $48K | $266K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02483 | −0.113% | $38K | — | 3x | as long as short |
| Injective MON/USDC PERP | +0.0109% | 1h | 0.02503 | +0.684% | $5K | $110 | 5.5x | as long as short |
| Aftermath Perps MONUSD | +0.0225% | 1h | 0.02494 | +0.329% | $6K | $100K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0230% / S −0.0246% | 1h | 0.02490 | +0.165% | $6K | — | 50x | as long as short |
| 01 Exchange MONUSD | +0.0232% | 1h | 0.02488 | +0.093% | $7K | $2K | 5x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02488 | +0.080% | $1.3M | $347K | 75x | as long as short |
| Hyperliquid MON | +0.0391% | 1h | 0.02488 | +0.080% | $33.6M | $7.8M | 5x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02493 | +0.282% | $114K | $2.2M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0576% | 1h | 0.02485 | −0.044% | $109K | $54K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0851% | 1h | 0.02485 | −0.060% | $267K | $119K | 10x | as long as short |
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
Injective MON/USDC PERP
Aftermath Perps MONUSD
GMX MON/USD [ETH-USDC]
01 Exchange MONUSD
BloFin MON-USDT
Hyperliquid MON
Perpl MON
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD