Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.019%
Price spread now: Variational Omni against Lighter−0.351%7-day average −0.186% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.084%−$8 on $10k
+Price spread, last 4 days (all we have)+1.128%+$113 · spread now −0.351%, 7d avg −0.186%
=Together, before fees+1.044%+ Points / potential airdropLighter: Season 3 · Variational Omni: Active · farm board+$104 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: Variational Omni is 0.164% cheaper against Lighter than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of −0.186%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter MON | 0.02536 | 0.0096 | pay 0.0012% / 1h | 31m 47s | $845K | $742K | 10x |
| Short | Variational Omni MON | 0.02527 | 0.0100 | get 0.0100% / 8h | 6h 31m | $751K | $419K | — |
Lighter MON
Variational Omni MONFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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: −0.351% → −0.186%
- −$16.43
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$15.59
- Costs to cover
- 0.000%
- Break-even
- 136.9 days
Slippage unknown: Lighter: live order book, 33 min ago; Variational Omni: RFQ quote, 37 min ago. 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, 33 min ago | 11.60 bp | 20.5 bp −$20 | 132.4 bp −$1,324 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 37 min ago | 7.70 bp | doesn't fit | 134.8 bp −$1,348 | doesn't fit | doesn't fit |
MON on 32 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective MON/USDC PERP | −0.0388% | 1h | 0.02522 | −0.552% | $5K | $108 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0082% | 8h | 0.02532 | −0.150% | $20.8M | $12.8M | 50x | as long as short |
| 01 Exchange MONUSD | −0.0048% | 1h | 0.02536 | −0.012% | $6K | $1K | 5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02535 | −0.055% | $13K | $349K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02537 | +0.043% | $68K | $125K | 25x | as long as short |
| Orderly PERP_MON_USDC | +0.0059% | 4h | 0.02536 | 0.000% | $16K | $51K | 10x | as long as short |
| Lighter MONlong | +0.0096% | 1h | 0.02536 | long leg | $845K | $742K | 10x | |
| Paradex MON-USD-PERP | +0.0097% | 8h | 0.02534 | −0.062% | $8K | $42 | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02537 | +0.032% | $101K | $229K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02529 | −0.284% | $13K | — | 5x | as long as short |
Injective MON/USDC PERP
Bybit MONUSDT
01 Exchange MONUSD
Phoenix MON
Deribit MON_USDC-PERPETUAL
Orderly PERP_MON_USDC
Paradex MON-USD-PERP
Aster MONUSDT
dYdX MON-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica MON | +0.0100% | 1h | 0.02533 | −0.138% | $140K | $104K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02534 | −0.079% | $24.2M | $26.1M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02534 | −0.079% | $4.2M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02521 | −0.606% | $105K | $4K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02535 | −0.039% | $951K | $902K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02537 | +0.039% | $2.9M | $745K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02536 | 0.000% | $2.7M | $2.0M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02538 | +0.075% | $120K | $159K | 10x | as long as short |
| Variational Omni MONshort | +0.0100% | 8h | 0.02527 | −0.351% | $751K | $419K | — | |
| edgeX MONUSDC | +0.0100% | 4h | 0.02530 | −0.247% | $43K | $248K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02534 | −0.097% | $569K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02533 | −0.118% | $68K | $495K | 50x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02537 | +0.031% | $408K | $545K | 10x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02535 | −0.039% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02537 | +0.056% | $51K | $517K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02535 | −0.051% | $38K | — | 3x | as long as short |
| Hyperliquid MON | +0.0117% | 1h | 0.02538 | +0.075% | $34.4M | $7.7M | 5x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02536 | +0.016% | $9K | — | 50x | as long as short |
| Aftermath Perps MONUSD | +0.0344% | 1h | 0.02530 | −0.221% | $3K | $78K | 10x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02536 | +0.016% | $155K | $2.2M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0744% | 1h | 0.02537 | +0.039% | $111K | $52K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0842% | 1h | 0.02540 | +0.173% | $276K | $88K | 10x | as long as short |
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
Backpack MON_USDC_PERP
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
Nado MON-PERP
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
Hyperliquid MON
GMX MON/USD [ETH-USDC]
Aftermath Perps MONUSD
Perpl MON
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD