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

MON

all MON markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h −0.019%
Price spread now: dYdX against Lighter−0.082%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 6 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: dYdX is 0.082% cheaper against Lighter than usual: you would sell low and buy high, −$8 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter MON0.025000.0096pay 0.0012% / 1h19m 45s$817K$765K10x
ShortdYdX MON-USD0.024980.0100get 0.0013% / 1h19m 45s$12K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
$0.84
Price spread: −0.082% → 0.000%
−$8.25
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$17.41
Costs to cover
0.100%
Break-even
152.1 days
Slippage unknown: Lighter: live order book, 25 min ago; dYdX: 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, 25 min ago8.01 bp19.5 bp −$20148.0 bp −$1,480doesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: 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
Backpack MON_USDC_PERP−0.0117%1h0.02501+0.044%$116K$154K10xas long as short
Bybit MONUSDT−0.0017%8h0.02498−0.080%$20.5M$13.7M50xas long as short
Phoenix MON0.0000%1h0.02477−0.916%$12K$355K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02496−0.172%$73K$135K25xas long as short
01 Exchange MONUSD+0.0008%1h0.02496−0.160%$6K$1K5xas long as short
Injective MON/USDC PERP+0.0039%1h0.02489−0.440%$5K$1135.5xas long as short
Orderly PERP_MON_USDC+0.0083%4h0.02493−0.280%$16K$48K10xas long as short
Lighter MONlong+0.0096%1h0.02500long leg$817K$765K10x
Paradex MON-USD-PERP+0.0099%8h0.02499−0.056%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02499−0.048%$409K$571K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MON+0.0100%1h0.02500+0.012%$33.5M$7.6M5xas long as short
Aster MONUSDT+0.0100%4h0.02501+0.022%$99K$221K10xas long as short
dYdX MON-USDshort+0.0100%1h0.02498−0.082%$12K5x
Pacifica MON+0.0100%1h0.02500+0.004%$138K$92K3xas long as short
Binance MONUSDT+0.0100%4h0.02501+0.022%$23.7M$27.4M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02499−0.040%$4.2M$6.1M50xas long as short
Bulk MON-USD+0.0100%1h0.02479−0.820%$102K$1K10xas long as short
Gate MON_USDT+0.0100%4h0.025000.000%$935K$1.0M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02501+0.040%$2.9M$764K75xas long as short
Bitget MONUSDT+0.0100%4h0.02501+0.040%$2.7M$2.2M25xas long as short
Variational Omni MON+0.0100%8h0.02488−0.497%$733K$408Kas long as short
edgeX MONUSDC+0.0100%4h0.02475−1.007%$41K$250K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02477−0.921%$550K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02476−0.960%$67K$529K50xas long as short
SoDEX MON-USD+0.0100%1h0.02495−0.200%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02501+0.051%$47K$283K10xas long as short
Aevo MON-PERP+0.0104%1h0.02496−0.156%$38K3xas long as short
Aftermath Perps MONUSD+0.0152%1h0.02481−0.743%$5K$81K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0230% / S −0.0246%1h0.02495−0.184%$6K50xas long as short
BloFin MON-USDT+0.0340%4h0.02487−0.520%$1.3M$348K75xas long as short
Perpl MON+0.0447%43m0.02496−0.168%$114K$2.2M10xas long as short
Coinbase International MON-PERP-INTX+0.0456%1h0.02530+1.200%$110K$54K50xas long as short
Kraken Futures PF_MONUSD+0.1019%1h0.02497−0.119%$268K$119K10xas long as short