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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0210%/8h= +23.0% APRnext payment +$0.26 per $10,000 · paid last 24h +0.217%
Price spread now: Aftermath Perps against Lighter−0.050%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 3 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 pays, the price is against you. Aftermath Perps is 0.050% cheaper against Lighter than usual: you would sell low and buy high (spread −0.050% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 19 hours of funding at the current rate (+$6 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter MON0.025880.0096pay 0.0012% / 1h39m 29s$848K$753K10x
ShortAftermath Perps MONUSD0.025870.0306get 0.0038% / 1h39m 29s$2K$73K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps 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
$44.04
Price spread: −0.050% → 0.000%
−$5.01
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$30.04
Costs to cover
0.090%
Break-even
2.2 days
Slippage unknown: Lighter: live order book, 45 min ago; Aftermath Perps: 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, 45 min ago11.64 bp13.3 bp −$13118.5 bp −$1,185doesn't fitdoesn't fit
Sell Aftermath Perps no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective MON/USDC PERP−0.0739%1h0.02587−0.039%$6K$1075.5xas long as short
01 Exchange MONUSD−0.0216%1h0.02584−0.170%$6K$1K5xas long as short
Deribit MON_USDC-PERPETUAL−0.0097%1h0.02590+0.058%$63K$110K25xas long as short
Phoenix MON0.0000%1h0.02587−0.031%$13K$384K5xas long as short
Bybit MONUSDT+0.0012%8h0.02582−0.216%$21.6M$11.8M50xas long as short
BloFin MON-USDT+0.0086%4h0.02587−0.039%$1.4M$243K75xas long as short
Orderly PERP_MON_USDC+0.0093%4h0.02586−0.077%$17K$64K10xas long as short
Lighter MONlong+0.0096%1h0.02588long leg$848K$753K10x
Paradex MON-USD-PERP+0.0097%8h0.02586−0.080%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02587−0.034%$363K$540K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MON+0.0100%1h0.02587−0.054%$34.9M$7.4M5xas long as short
Aster MONUSDT+0.0100%4h0.02587−0.050%$108K$233K10xas long as short
dYdX MON-USD+0.0100%1h0.02588−0.006%$13K5xas long as short
Pacifica MON+0.0100%1h0.02587−0.039%$143K$107K3xas long as short
Binance MONUSDT+0.0100%4h0.02585−0.117%$24.6M$24.6M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02582−0.232%$4.4M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02581−0.277%$108K$3K10xas long as short
Gate MON_USDT+0.0100%4h0.025880.000%$1.0M$929K50xas long as short
Bitget MONUSDT+0.0100%4h0.02587−0.039%$2.7M$1.8M25xas long as short
Variational Omni MON+0.0100%8h0.02584−0.173%$777K$405Kas long as short
edgeX MONUSDC+0.0100%4h0.02585−0.102%$47K$242K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02588+0.001%$581K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02587−0.039%$69K$482K50xas long as short
SoDEX MON-USD+0.0100%1h0.02587−0.039%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02588−0.019%$52K$407K10xas long as short
Aevo MON-PERP+0.0104%1h0.02587−0.043%$39K3xas long as short
Kraken Futures PF_MONUSD+0.0132%1h0.02590+0.069%$263K$63K10xas long as short
Backpack MON_USDC_PERP+0.0257%1h0.02590+0.062%$137K$137K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0261% / S −0.0598%1h0.02589+0.031%$9K50xas long as short
Aftermath Perps MONUSDshort+0.0306%1h0.02587−0.050%$2K$73K10x
KuCoin MONUSDTM+0.0338%4h0.02591+0.116%$3.2M$747K75xas long as short
Perpl MON+0.0447%43m0.02587−0.050%$145K$1.8M10xas long as short
Coinbase International MON-PERP-INTX+0.0648%1h0.02595+0.290%$114K$51K50xas long as short