Funding you earn now, next payment 01:00 UTC+0.0244%/8h= +26.7% APRpaid last 24h −0.002%
Price spread now: BloFin against Lighter−0.271%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$740.735% of the position
Funding, last 7 days+0.116%+$12 on $10k
+Price spread, last 3 days (all we have)+0.473%+$47 · spread now −0.271%, 7d avg −0.055%
=Together, before fees+0.589%+ Points / potential airdropLighter: Season 3 · farm board+$59 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.216% cheaper against Lighter than usual: you would sell low and buy high (spread −0.271% now, against its 7-day average of −0.055%). If the spread goes back, that is −$22 on $10k: about 2.9 days of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.116% in total) that is about 13 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.116% in total (about 6.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter MON | 0.02584 | 0.0096 | pay 0.0012% / 1h | 14m 32s | $861K | $755K | 10x |
| Short | BloFin MON-USDT | 0.02577 | 0.0340 | get 0.0170% / 4h | 3h 14m | $1.4M | $307K | 75x |
Lighter MON
BloFin MON-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $51.24
- Price spread: −0.271% → −0.055%
- −$21.58
- Slippage, 4 orders
- −$61.54
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$43.88
- Costs to cover
- 0.735%
- Break-even
- 13.0 days
Slippage from Lighter: live order book, 56 min ago; BloFin: live order book, 3 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, 56 min ago | 9.76 bp | 14.0 bp −$14 | 102.1 bp −$1,021 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 5.84 bp | 18.6 bp −$19 | 38.3 bp −$383 | 142.4 bp −$14.2K | 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 | 0.02570 | −0.542% | $6K | $108 | 5.5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02563 | −0.817% | $13K | $351K | 5x | as long as short |
| 01 Exchange MONUSD | +0.0016% | 1h | 0.02585 | +0.035% | $6K | $1K | 5x | as long as short |
| Orderly PERP_MON_USDC | +0.0063% | 4h | 0.02583 | −0.039% | $17K | $59K | 10x | as long as short |
| Bybit MONUSDT | +0.0080% | 8h | 0.02586 | +0.066% | $21.5M | $12.1M | 50x | as long as short |
| Paradex MON-USD-PERP | +0.0091% | 8h | 0.02583 | −0.031% | $8K | $42 | 5x | as long as short |
| Lighter MONlong | +0.0096% | 1h | 0.02584 | long leg | $861K | $755K | 10x | |
| Nado MON-PERP | +0.0100% | 1h | 0.02584 | +0.004% | $397K | $526K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02587 | +0.104% | $35.0M | $7.4M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02583 | −0.039% | $107K | $231K | 10x | as long as short |
Injective MON/USDC PERP
Phoenix MON
01 Exchange MONUSD
Orderly PERP_MON_USDC
Bybit MONUSDT
Paradex MON-USD-PERP
Nado MON-PERP
Hyperliquid MON
Aster MONUSDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX MON-USD | +0.0100% | 1h | 0.02581 | −0.128% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02584 | −0.004% | $143K | $103K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02587 | +0.103% | $24.7M | $25.3M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02585 | +0.039% | $4.3M | $5.8M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02560 | −0.913% | $106K | $4K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02582 | −0.077% | $972K | $923K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02583 | −0.039% | $2.8M | $1.9M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02585 | +0.050% | $130K | $141K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02572 | −0.480% | $773K | $411K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02570 | −0.558% | $44K | $248K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02572 | −0.468% | $575K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02573 | −0.426% | $69K | $488K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02584 | 0.000% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02585 | +0.028% | $49K | $517K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02584 | 0.000% | $39K | — | 3x | as long as short |
| KuCoin MONUSDTM | +0.0126% | 4h | 0.02585 | +0.039% | $3.0M | $724K | 75x | as long as short |
| Deribit MON_USDC-PERPETUAL | +0.0137% | 1h | 0.02586 | +0.081% | $70K | $119K | 25x | as long as short |
| Aftermath Perps MONUSD | +0.0204% | 1h | 0.02578 | −0.237% | $4K | $74K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0261% / S −0.0598% | 1h | 0.02585 | +0.023% | $9K | — | 50x | as long as short |
| BloFin MON-USDTshort | +0.0340% | 4h | 0.02577 | −0.271% | $1.4M | $307K | 75x | |
| Perpl MON | +0.0447% | 43m | 0.02586 | +0.066% | $123K | $2.1M | 10x | as long as short |
| Kraken Futures PF_MONUSD | +0.0462% | 1h | 0.02587 | +0.117% | $272K | $78K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0808% | 1h | 0.02581 | −0.128% | $113K | $51K | 50x | as long as short |
dYdX MON-USD
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
Deribit MON_USDC-PERPETUAL
Aftermath Perps MONUSD
GMX MON/USD [ETH-USDC]
Perpl MON
Kraken Futures PF_MONUSD
Coinbase International MON-PERP-INTX