Funding you earn now, next payment 09:00 UTC+0.0150%/8h= +16.5% APRnext payment +$0.19 per $10,000 · paid last 24h +0.076%
Price spread now: GMX against Lighter−0.016%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter MON | 0.02517 | 0.0096 | pay 0.0012% / 1h | 39m 04s | $808K | $765K | 10x |
| Short | GMX MON/USD [ETH-USDC] | 0.02517 | L +0.0231% / S −0.0246% | get 0.0031% / 1h | 39m 04s | $6K | — | 50x |
Lighter MON
GMX MON/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- $31.57
- Price spread: −0.016% → 0.000%
- −$1.59
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $17.98
- Costs to cover
- 0.120%
- Break-even
- 3.0 days
Slippage unknown: Lighter: live order book, 56 min ago; GMX: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 56 min ago | 9.99 bp | 20.4 bp −$20 | 117.0 bp −$1,170 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack MON_USDC_PERP | −0.0126% | 1h | 0.02517 | −0.008% | $110K | $157K | 10x | as long as short |
| Injective MON/USDC PERP | −0.0089% | 1h | 0.02505 | −0.477% | $5K | $108 | 5.5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02515 | −0.064% | $13K | $346K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02517 | −0.004% | $73K | $137K | 25x | as long as short |
| Lighter MONlong | +0.0096% | 1h | 0.02517 | long leg | $808K | $765K | 10x | |
| Paradex MON-USD-PERP | +0.0100% | 8h | 0.02516 | −0.030% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02520 | +0.131% | $392K | $572K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02516 | −0.020% | $34.0M | $7.8M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02517 | −0.013% | $99K | $213K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02519 | +0.071% | $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 | 0.02519 | +0.087% | $139K | $91K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02515 | −0.099% | $23.9M | $27.5M | 75x | as long as short |
| Bybit MONUSDT | +0.0100% | 8h | 0.02515 | −0.091% | $21.0M | $13.9M | 50x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02513 | −0.159% | $4.2M | $6.2M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02510 | −0.277% | $103K | −$0 | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02517 | 0.000% | $945K | $1.0M | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02519 | +0.079% | $2.9M | $766K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02518 | +0.040% | $2.7M | $2.3M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02514 | −0.136% | $746K | $392K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02515 | −0.074% | $41K | $250K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02519 | +0.079% | $561K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02517 | 0.000% | $68K | $543K | 50x | as long as short |
| Orderly PERP_MON_USDC | +0.0100% | 4h | 0.02517 | 0.000% | $16K | $40K | 10x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02516 | −0.040% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02519 | +0.085% | $60K | $328K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02516 | −0.048% | $38K | — | 3x | as long as short |
| 01 Exchange MONUSD | +0.0144% | 1h | 0.02518 | +0.048% | $6K | $3K | 5x | as long as short |
| GMX MON/USD [ETH-USDC]short | L +0.0231% / S −0.0246% | 1h | 0.02517 | −0.016% | $6K | — | 50x | |
| BloFin MON-USDT | +0.0340% | 4h | 0.02517 | 0.000% | $1.3M | $372K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02519 | +0.064% | $119K | $2.2M | 10x | as long as short |
| Aftermath Perps MONUSD | +0.0484% | 1h | 0.02518 | +0.037% | $5K | $103K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0744% | 1h | 0.02525 | +0.318% | $111K | $54K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0794% | 1h | 0.02520 | +0.122% | $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
Extended MON-USD
Aevo MON-PERP
01 Exchange MONUSD
BloFin MON-USDT
Perpl MON
Aftermath Perps MONUSD
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD