Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h −0.026%
Price spread now: ApeX Omni against Lighter+0.427%48s7-day average −0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as 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−$760.764% of the position
Funding, last 7 days−0.102%−$10 on $10k
+Price spread, last 3 days (all we have)−0.436%−$44 · spread now +0.427%, 7d avg −0.062%
=Together, before fees−0.538%+ Points / potential airdropLighter: Season 3 · farm board−$54 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: ApeX Omni is 0.489% dearer against Lighter than usual: you sell high and buy low, +$49 on $10k if it goes back to its 7-day average of −0.062%. The two prices were read 48 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 | Lighter MON | 0.02575 | 0.0096 | pay 0.0012% / 1h | 38m 37s | $855K | $751K | 10x |
| Short | ApeX Omni MONUSDT | 0.02586 | 0.0100 | get 0.0013% / 1h | 38m 37s | $69K | $484K | 50x |
Lighter MON
ApeX Omni MONUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Lighter. 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: +0.427% → −0.062%
- $48.93
- Slippage, 4 orders
- −$66.38
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$26.61
- Costs to cover
- 0.764%
- Break-even
- 228.7 days
Slippage from Lighter: live order book, 31 min ago; ApeX Omni: live order book, 34 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 Lighter live order book, 31 min ago | 9.76 bp | 14.0 bp −$14 | 102.1 bp −$1,021 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 34 min ago | 9.78 bp | 18.4 bp −$18 | 116.9 bp −$1,169 | 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 | −0.0444% | 1h | 0.02556 | −0.738% | $6K | $105 | 5.5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02587 | +0.450% | $13K | $351K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02579 | +0.159% | $70K | $119K | 25x | as long as short |
| 01 Exchange MONUSD | +0.0064% | 1h | 0.02572 | −0.101% | $6K | $1K | 5x | as long as short |
| Orderly PERP_MON_USDC | +0.0069% | 4h | 0.02581 | +0.233% | $17K | $64K | 10x | as long as short |
| Lighter MONlong | +0.0096% | 1h | 0.02575 | long leg | $855K | $751K | 10x | |
| Paradex MON-USD-PERP | +0.0098% | 8h | 0.02573 | −0.086% | $8K | $42 | 5x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02576 | +0.054% | $35.0M | $7.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02574 | −0.032% | $107K | $231K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02573 | −0.073% | $13K | — | 5x | as long as short |
Injective MON/USDC PERP
Phoenix MON
Deribit MON_USDC-PERPETUAL
01 Exchange MONUSD
Orderly PERP_MON_USDC
Paradex MON-USD-PERP
Hyperliquid MON
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 | 0.02573 | −0.062% | $142K | $104K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02574 | −0.057% | $24.6M | $25.7M | 75x | as long as short |
| Bybit MONUSDT | +0.0100% | 8h | 0.02571 | −0.155% | $21.3M | $12.2M | 50x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02571 | −0.155% | $4.3M | $6.0M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02575 | 0.000% | $106K | $2K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02573 | −0.078% | $981K | $903K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02574 | −0.039% | $2.7M | $1.9M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02577 | +0.070% | $128K | $141K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02584 | +0.353% | $782K | $407K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02586 | +0.417% | $44K | $247K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02592 | +0.662% | $587K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDTshort | +0.0100% | 1h | 0.02586 | +0.427% | $69K | $484K | 50x | |
| Nado MON-PERP | +0.0100% | 1h | 0.02578 | +0.101% | $394K | $537K | 10x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02577 | +0.078% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02578 | +0.099% | $49K | $485K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02577 | +0.066% | $39K | — | 3x | as long as short |
| Aftermath Perps MONUSD | +0.0108% | 1h | 0.02579 | +0.137% | $3K | $76K | 10x | as long as short |
| KuCoin MONUSDTM | +0.0164% | 4h | 0.02576 | +0.039% | $3.0M | $726K | 75x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0261% / S −0.0598% | 1h | 0.02579 | +0.175% | $9K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02580 | +0.194% | $1.3M | $309K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02579 | +0.163% | $129K | $1.9M | 10x | as long as short |
| Kraken Futures PF_MONUSD | +0.0463% | 1h | 0.02580 | +0.201% | $271K | $78K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0808% | 1h | 0.02596 | +0.816% | $114K | $50K | 50x | as long as short |
Pacifica MON
Binance MONUSDT
Bybit 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
Nado MON-PERP
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
Aftermath Perps MONUSD
KuCoin MONUSDTM
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Perpl MON
Kraken Futures PF_MONUSD
Coinbase International MON-PERP-INTX