Funding you earn now, next payment 09:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h −0.018%
Price spread now: Extended against Lighter+0.052%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$940.942% of the position
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 4 days (all we have)+0.017%+$2 · spread now +0.052%, 7d avg +0.035%
=Together, before fees−0.024%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board−$2 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter MON | 0.02520 | 0.0096 | pay 0.0012% / 1h | 40m 03s | $809K | $765K | 10x |
| Short | Extended MON-USD | 0.02521 | 0.0104 | get 0.0013% / 1h | 40m 03s | $60K | $328K | 10x |
Lighter MON
Extended MON-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $1.68
- Price spread: +0.052% → +0.035%
- $1.8
- Slippage, 4 orders
- −$89.19
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$90.71
- Costs to cover
- 0.942%
- Break-even
- 385.0 days
Slippage from Lighter: live order book, 55 min ago; Extended: live order book, 57 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, 55 min ago | 9.99 bp | 20.4 bp −$20 | 117.0 bp −$1,170 | doesn't fit | doesn't fit |
| Sell Extended live order book, 57 min ago | 6.01 bp | 28.1 bp −$28 | 292.3 bp −$2,923 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack MON_USDC_PERP | −0.0138% | 1h | 0.02519 | −0.028% | $110K | $157K | 10x | as long as short |
| Injective MON/USDC PERP | −0.0089% | 1h | 0.02505 | −0.595% | $5K | $108 | 5.5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02519 | −0.032% | $13K | $346K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02516 | −0.139% | $73K | $137K | 25x | as long as short |
| Lighter MONlong | +0.0096% | 1h | 0.02520 | long leg | $809K | $765K | 10x | |
| Paradex MON-USD-PERP | +0.0100% | 8h | 0.02516 | −0.155% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02520 | −0.004% | $392K | $572K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02521 | +0.052% | $34.0M | $7.8M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02520 | +0.008% | $100K | $213K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02516 | −0.147% | $13K | — | 5x | as long as short |
Backpack MON_USDC_PERP
Injective MON/USDC PERP
Phoenix MON
Deribit MON_USDC-PERPETUAL
Paradex MON-USD-PERP
Nado MON-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 | 0.02517 | −0.123% | $139K | $91K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02519 | −0.040% | $24.0M | $27.5M | 75x | as long as short |
| Bybit MONUSDT | +0.0100% | 8h | 0.02517 | −0.119% | $21.0M | $13.9M | 50x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02518 | −0.079% | $4.2M | $6.2M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02510 | −0.395% | $103K | −$0 | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02518 | −0.079% | $945K | $1.0M | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02518 | −0.079% | $2.9M | $766K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02520 | 0.000% | $2.7M | $2.3M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02514 | −0.255% | $746K | $392K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02517 | −0.127% | $41K | $252K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02519 | −0.040% | $561K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02519 | −0.040% | $68K | $542K | 50x | as long as short |
| Orderly PERP_MON_USDC | +0.0100% | 4h | 0.02517 | −0.119% | $16K | $40K | 10x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02516 | −0.159% | $5K | $6K | 5x | as long as short |
| Extended MON-USDshort | +0.0104% | 1h | 0.02521 | +0.052% | $60K | $328K | 10x | |
| Aevo MON-PERP | +0.0104% | 1h | 0.02515 | −0.187% | $38K | — | 3x | as long as short |
| 01 Exchange MONUSD | +0.0152% | 1h | 0.02516 | −0.179% | $6K | $3K | 5x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0231% / S −0.0246% | 1h | 0.02521 | +0.032% | $6K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02519 | −0.040% | $1.3M | $372K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02516 | −0.171% | $119K | $2.2M | 10x | as long as short |
| Aftermath Perps MONUSD | +0.0483% | 1h | 0.02517 | −0.115% | $5K | $103K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0744% | 1h | 0.02525 | +0.198% | $111K | $54K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0794% | 1h | 0.02519 | −0.025% | $271K | $118K | 10x | as long as short |
Pacifica MON
Binance MONUSDT
Bybit MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
Orderly PERP_MON_USDC
SoDEX MON-USD
Aevo MON-PERP
01 Exchange MONUSD
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Perpl MON
Aftermath Perps MONUSD
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD