Funding you earn now, next payment 04:00 UTC−0.0272%/8h= −29.8% APRnext payment −$0.34 per $10,000 · paid last 24h −0.037%
Price spread now: Injective against Lighter−0.478%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
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Injective is 0.478% cheaper against Lighter than usual: you would sell low and buy high (−$48 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter MON | 0.02510 | 0.0096 | pay 0.0012% / 1h | 28m 46s | $845K | $749K | 10x |
| Short | Injective MON/USDC PERP | 0.02498 | −0.0176 | pay 0.0022% / 1h | 28m 46s | $5K | $112 | 5.5x |
Lighter MON
Injective MON/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$57.08
- Price spread: −0.478% → 0.000%
- −$47.81
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$104.91
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 26 min ago; Injective: 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, 26 min ago | 9.92 bp | 20.0 bp −$20 | 138.2 bp −$1,382 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange MONUSD | −0.0320% | 1h | 0.02515 | +0.207% | $6K | $1K | 5x | as long as short |
| Backpack MON_USDC_PERP | −0.0220% | 1h | 0.02514 | +0.147% | $114K | $151K | 10x | as long as short |
| Injective MON/USDC PERPshort | −0.0176% | 1h | 0.02498 | −0.478% | $5K | $112 | 5.5x | |
| Bybit MONUSDT | −0.0152% | 8h | 0.02509 | −0.040% | $20.6M | $13.2M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02515 | +0.183% | $12K | $359K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02515 | +0.191% | $108K | $2.3M | 10x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02516 | +0.227% | $74K | $136K | 25x | as long as short |
| Orderly PERP_MON_USDC | +0.0071% | 4h | 0.02515 | +0.199% | $16K | $41K | 10x | as long as short |
| Variational Omni MON | +0.0077% | 8h | 0.02509 | −0.037% | $741K | $409K | — | as long as short |
| Paradex MON-USD-PERP | +0.0091% | 8h | 0.02510 | +0.020% | $8K | $42 | 5x | as long as short |
01 Exchange MONUSD
Backpack MON_USDC_PERP
Bybit MONUSDT
Phoenix MON
Perpl MON
Deribit MON_USDC-PERPETUAL
Orderly PERP_MON_USDC
Variational Omni MON
Paradex MON-USD-PERPShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter MONlong | +0.0096% | 1h | 0.02510 | long leg | $845K | $749K | 10x | |
| Nado MON-PERP | +0.0100% | 1h | 0.02516 | +0.251% | $428K | $573K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02510 | +0.020% | $33.9M | $7.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02513 | +0.124% | $101K | $222K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02512 | +0.066% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02510 | +0.004% | $138K | $93K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02511 | +0.030% | $23.9M | $26.9M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02510 | 0.000% | $4.2M | $6.0M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02495 | −0.607% | $102K | $5K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02510 | 0.000% | $941K | $992K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02512 | +0.080% | $2.8M | $752K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02510 | 0.000% | $2.7M | $2.2M | 25x | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02509 | −0.025% | $41K | $251K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02511 | +0.052% | $563K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02503 | −0.279% | $67K | $508K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02514 | +0.159% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02513 | +0.126% | $48K | $521K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02514 | +0.159% | $38K | — | 3x | as long as short |
| Aftermath Perps MONUSD | +0.0244% | 1h | 0.02507 | −0.128% | $2K | $74K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02515 | +0.191% | $9K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02520 | +0.398% | $1.3M | $340K | 75x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0408% | 1h | 0.02528 | +0.729% | $110K | $58K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0541% | 1h | 0.02518 | +0.307% | $270K | $114K | 10x | 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
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
Aftermath Perps MONUSD
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD