Settings8H · net · $10k
Funding arb · Price arb /

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h −0.018%
Price spread now: Aevo against Lighter−0.118%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno 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: Aevo is 0.118% cheaper against Lighter than usual: you would sell low and buy high, −$12 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter MON0.025350.0096pay 0.0012% / 1h16m 22s$845K$738K10x
ShortAevo MON-PERP0.025320.0104get 0.0013% / 1h16m 22s$38K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Lighter. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
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: −0.118% → 0.000%
−$11.83
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$26.15
Costs to cover
0.160%
Break-even
116.0 days
Slippage unknown: Lighter: live order book, 44 min ago; Aevo: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 44 min ago9.86 bp18.6 bp −$19110.9 bp −$1,109doesn't fitdoesn't fit
Sell Aevo no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix MON−0.0316%1h0.02528−0.268%$12K$367K5xas long as short
Backpack MON_USDC_PERP−0.0270%1h0.02533−0.067%$112K$152K10xas long as short
Injective MON/USDC PERP−0.0253%1h0.025350.000%$6K$1115.5xas long as short
Bybit MONUSDT−0.0156%8h0.02532−0.118%$20.8M$13.1M50xas long as short
01 Exchange MONUSD−0.0040%1h0.02530−0.201%$6K$1K5xas long as short
Perpl MON0.0000%43m0.02535+0.016%$105K$2.3M10xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02532−0.114%$68K$125K25xas long as short
Orderly PERP_MON_USDC+0.0084%4h0.02533−0.079%$16K$51K10xas long as short
Lighter MONlong+0.0096%1h0.02535long leg$845K$738K10x
Paradex MON-USD-PERP+0.0099%8h0.02532−0.122%$8K$425xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado MON-PERP+0.0100%1h0.02536+0.034%$413K$543K10xas long as short
Hyperliquid MON+0.0100%1h0.02535+0.004%$34.3M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02535−0.009%$101K$222K10xas long as short
dYdX MON-USD+0.0100%1h0.02533−0.067%$13K5xas long as short
Pacifica MON+0.0100%1h0.02533−0.079%$140K$93K3xas long as short
Binance MONUSDT+0.0100%4h0.02534−0.039%$24.1M$26.6M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02532−0.118%$4.2M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02520−0.591%$103K$5K10xas long as short
Gate MON_USDT+0.0100%4h0.02532−0.118%$953K$965K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02536+0.039%$2.9M$743K75xas long as short
Bitget MONUSDT+0.0100%4h0.02534−0.039%$2.7M$2.1M25xas long as short
Variational Omni MON+0.0100%8h0.02531−0.157%$753K$405Kas long as short
edgeX MONUSDC+0.0100%4h0.02528−0.264%$42K$250K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02530−0.181%$566K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02537+0.079%$68K$501K50xas long as short
SoDEX MON-USD+0.0100%1h0.02531−0.158%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02535+0.008%$48K$518K10xas long as short
Aevo MON-PERPshort+0.0104%1h0.02532−0.118%$38K3x
Aftermath Perps MONUSD+0.0248%1h0.02532−0.121%$2K$74K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02535+0.012%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02527−0.316%$1.3M$320K75xas long as short
Kraken Futures PF_MONUSD+0.0491%1h0.02535+0.003%$271K$112K10xas long as short
Coinbase International MON-PERP-INTX+0.0536%1h0.02541+0.245%$112K$58K50xas long as short