Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h +0.014%
Price spread now: Lighter against Nado−0.116%7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$620.616% of the position
Funding, last 3 days (all we have)+0.049%+$5 on $10k
+Price spread, last 4 days (all we have)−0.136%−$14 · spread now −0.116%, 7d avg −0.073%
=Together, before fees−0.086%+ Points / potential airdropNado: Active · Lighter: Season 3 · farm board−$9 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: Lighter is 0.043% cheaper against Nado than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.073%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado MON-PERP | 0.02499 | 0.0100 | pay 0.0012% / 1h | 37m 10s | $397K | $572K | 10x |
| Short | Lighter MON | 0.02496 | 0.0096 | get 0.0012% / 1h | 37m 10s | $800K | $787K | 10x |
Nado MON-PERP
Lighter MONFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Nado. 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% → −0.073%
- −$4.26
- Slippage, 4 orders
- −$54.62
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$66.72
- Costs to cover
- 0.616%
- Break-even
- never at this rate
Slippage from Nado: live order book, 6 min ago; Lighter: live order book, 3 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 Nado live order book, 6 min ago | 2.20 bp | 10.3 bp −$10 | 1422.2 bp −$14.2K | doesn't fit | doesn't fit |
| Sell Lighter live order book, 3 min ago | 2.00 bp | 28.9 bp −$29 | 146.4 bp −$1,464 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix MON | 0.0000% | 1h | 0.02503 | +0.160% | $13K | $353K | 5x | as long as short |
| Bybit MONUSDT | +0.0058% | 8h | 0.02493 | −0.248% | $20.5M | $13.7M | 50x | as long as short |
| Orderly PERP_MON_USDC | +0.0086% | 4h | 0.02496 | −0.116% | $16K | $48K | 10x | as long as short |
| Lighter MONshort | +0.0096% | 1h | 0.02496 | −0.116% | $800K | $787K | 10x | |
| Paradex MON-USD-PERP | +0.0100% | 8h | 0.02494 | −0.178% | $7K | $42 | 5x | as long as short |
| Nado MON-PERPlong | +0.0100% | 1h | 0.02499 | long leg | $397K | $572K | 10x | |
| Aster MONUSDT | +0.0100% | 4h | 0.02496 | −0.107% | $99K | $221K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02494 | −0.183% | $12K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02496 | −0.100% | $138K | $91K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02496 | −0.116% | $23.7M | $27.5M | 75x | as long as short |
Phoenix MON
Bybit MONUSDT
Orderly PERP_MON_USDC
Paradex MON-USD-PERP
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02493 | −0.236% | $4.2M | $6.2M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02500 | +0.044% | $103K | $1K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02495 | −0.156% | $934K | $1.0M | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02500 | +0.044% | $2.9M | $762K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02495 | −0.156% | $2.7M | $2.2M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02496 | −0.132% | $111K | $155K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02496 | −0.133% | $741K | $411K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02493 | −0.234% | $41K | $250K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02500 | +0.044% | $555K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02498 | −0.036% | $68K | $534K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02496 | −0.116% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02500 | +0.051% | $48K | $266K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02496 | −0.136% | $38K | — | 3x | as long as short |
| Injective MON/USDC PERP | +0.0109% | 1h | 0.02503 | +0.164% | $5K | $110 | 5.5x | as long as short |
| Aftermath Perps MONUSD | +0.0207% | 1h | 0.02497 | −0.075% | $6K | $98K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0230% / S −0.0246% | 1h | 0.02496 | −0.136% | $6K | — | 50x | as long as short |
| 01 Exchange MONUSD | +0.0240% | 1h | 0.02496 | −0.100% | $7K | $2K | 5x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02498 | −0.036% | $1.3M | $348K | 75x | as long as short |
| Hyperliquid MON | +0.0407% | 1h | 0.02496 | −0.112% | $33.7M | $7.8M | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | +0.0431% | 1h | 0.02497 | −0.060% | $73K | $135K | 25x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02497 | −0.080% | $114K | $2.2M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0576% | 1h | 0.02508 | +0.372% | $110K | $54K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0845% | 1h | 0.02500 | +0.049% | $269K | $118K | 10x | as long as short |
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
Backpack MON_USDC_PERP
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
Injective MON/USDC PERP
Aftermath Perps MONUSD
GMX MON/USD [ETH-USDC]
01 Exchange MONUSD
BloFin MON-USDT
Hyperliquid MON
Deribit MON_USDC-PERPETUAL
Perpl MON
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD