Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.030%
Price spread now: Gate against Lighter−0.116%7-day average −0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$920.918% of the position
Funding, last 7 days−0.084%−$8 on $10k
+Price spread, last 4 days (all we have)−0.152%−$15 · spread now −0.116%, 7d avg −0.085%
=Together, before fees−0.236%+ Points / potential airdropLighter: Season 3 · farm board−$24 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: Gate is 0.030% cheaper against Lighter than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.085%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter MON | 0.02596 | 0.0096 | pay 0.0012% / 1h | 55m 43s | $849K | $760K | 10x |
| Short | Gate MON_USDT | 0.02593 | 0.0100 | get 0.0050% / 4h | 1h 55m | $1.0M | $862K | 50x |
Lighter MON
Gate MON_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.116% → −0.085%
- −$3.02
- Slippage, 4 orders
- −$76.8
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$93.99
- Costs to cover
- 0.918%
- Break-even
- 790.2 days
Slippage from Lighter: live order book, 24 min ago; Gate: live order book, 1 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, 24 min ago | 7.69 bp | 16.8 bp −$17 | 114.8 bp −$1,148 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 3.86 bp | 20.4 bp −$20 | 249.3 bp −$2,493 | 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange MONUSD | −0.0560% | 1h | 0.02590 | −0.227% | $6K | $1K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | −0.0058% | 1h | 0.02595 | −0.054% | $70K | $117K | 25x | as long as short |
| Injective MON/USDC PERP | −0.0053% | 1h | 0.02582 | −0.539% | $6K | $107 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0031% | 8h | 0.02595 | −0.039% | $21.6M | $11.8M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02582 | −0.528% | $13K | $362K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02593 | −0.127% | $145K | $1.8M | 10x | as long as short |
| Aftermath Perps MONUSD | +0.0023% | 1h | 0.02586 | −0.384% | $2K | $73K | 10x | as long as short |
| BloFin MON-USDT | +0.0043% | 4h | 0.02581 | −0.578% | $1.4M | $245K | 75x | as long as short |
| Paradex MON-USD-PERP | +0.0066% | 8h | 0.02594 | −0.059% | $8K | $42 | 5x | as long as short |
| Orderly PERP_MON_USDC | +0.0075% | 4h | 0.02592 | −0.154% | $17K | $64K | 10x | as long as short |
01 Exchange MONUSD
Deribit MON_USDC-PERPETUAL
Injective MON/USDC PERP
Bybit MONUSDT
Phoenix MON
Perpl MON
Aftermath Perps MONUSD
BloFin MON-USDT
Paradex MON-USD-PERP
Orderly PERP_MON_USDCShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter MONlong | +0.0096% | 1h | 0.02596 | long leg | $849K | $760K | 10x | |
| Nado MON-PERP | +0.0100% | 1h | 0.02594 | −0.070% | $390K | $534K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02599 | +0.104% | $35.0M | $7.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02591 | −0.176% | $108K | $233K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02589 | −0.274% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02595 | −0.035% | $143K | $106K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02594 | −0.075% | $24.6M | $24.6M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02594 | −0.077% | $4.4M | $6.0M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02580 | −0.618% | $108K | $3K | 10x | as long as short |
| Gate MON_USDTshort | +0.0100% | 4h | 0.02593 | −0.116% | $1.0M | $862K | 50x | |
| Bitget MONUSDT | +0.0100% | 4h | 0.02595 | −0.039% | $2.8M | $1.8M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02578 | −0.678% | $777K | $411K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02580 | −0.612% | $47K | $242K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02584 | −0.471% | $581K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02580 | −0.616% | $69K | $480K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02593 | −0.116% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02600 | +0.153% | $52K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02593 | −0.135% | $39K | — | 3x | as long as short |
| Kraken Futures PF_MONUSD | +0.0172% | 1h | 0.02597 | +0.020% | $268K | $67K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0261% / S −0.0598% | 1h | 0.02594 | −0.069% | $9K | — | 50x | as long as short |
| KuCoin MONUSDTM | +0.0324% | 4h | 0.02596 | 0.000% | $3.2M | $747K | 75x | as long as short |
| Backpack MON_USDC_PERP | +0.0423% | 1h | 0.02596 | −0.012% | $139K | $137K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0536% | 1h | 0.02607 | +0.412% | $114K | $50K | 50x | as long as short |
Nado MON-PERP
Hyperliquid MON
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
Kraken Futures PF_MONUSD
GMX MON/USD [ETH-USDC]
KuCoin MONUSDTM
Backpack MON_USDC_PERP
Coinbase International MON-PERP-INTX