Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h +0.019%
Price spread now: Lighter against Pacifica+0.039%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$890.889% of the position
Funding, last 7 days+0.050%+$5 on $10k
+Price spread, last 4 days (all we have)−0.019%−$2 · spread now +0.039%, 7d avg +0.055%
=Together, before fees+0.031%+ Points / potential airdropPacifica: Active · Lighter: Season 3 · farm board+$3 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica MON | 0.02537 | 0.0100 | pay 0.0013% / 1h | 9m 02s | $140K | $104K | 3x |
| Short | Lighter MON | 0.02538 | 0.0096 | get 0.0012% / 1h | 9m 02s | $846K | $742K | 10x |
Pacifica MON
Lighter MONFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Pacifica. 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: +0.039% → +0.055%
- −$1.52
- Slippage, 4 orders
- −$80.91
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$91.27
- Costs to cover
- 0.889%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 59 min ago; Lighter: live order book, 56 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 Pacifica live order book, 59 min ago | 5.79 bp | 32.4 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 56 min ago | 11.60 bp | 15.2 bp −$15 | 107.9 bp −$1,079 | 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 | 0.02546 | +0.355% | $6K | $109 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0089% | 8h | 0.02534 | −0.118% | $20.9M | $12.8M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02552 | +0.591% | $13K | $349K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02536 | −0.051% | $68K | $125K | 25x | as long as short |
| 01 Exchange MONUSD | +0.0016% | 1h | 0.02536 | −0.055% | $6K | $1K | 5x | as long as short |
| Orderly PERP_MON_USDC | +0.0068% | 4h | 0.02537 | 0.000% | $16K | $51K | 10x | as long as short |
| Lighter MONshort | +0.0096% | 1h | 0.02538 | +0.039% | $846K | $742K | 10x | |
| Paradex MON-USD-PERP | +0.0098% | 8h | 0.02536 | −0.059% | $8K | $42 | 5x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02538 | +0.028% | $34.4M | $7.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02538 | +0.023% | $101K | $229K | 10x | as long as short |
Injective MON/USDC PERP
Bybit MONUSDT
Phoenix MON
Deribit MON_USDC-PERPETUAL
01 Exchange MONUSD
Orderly PERP_MON_USDC
Paradex MON-USD-PERP
Hyperliquid MON
Aster MONUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX MON-USD | +0.0100% | 1h | 0.02541 | +0.152% | $13K | — | 5x | as long as short |
| Pacifica MONlong | +0.0100% | 1h | 0.02537 | long leg | $140K | $104K | 3x | |
| Binance MONUSDT | +0.0100% | 4h | 0.02536 | −0.039% | $24.2M | $26.0M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02534 | −0.118% | $4.2M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02545 | +0.311% | $106K | $4K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02534 | −0.118% | $947K | $906K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02538 | +0.039% | $2.9M | $743K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02536 | −0.039% | $2.7M | $2.0M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02537 | −0.016% | $118K | $156K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02547 | +0.377% | $758K | $419K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02550 | +0.503% | $44K | $247K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02552 | +0.581% | $571K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02551 | +0.552% | $68K | $497K | 50x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02538 | +0.033% | $407K | $545K | 10x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02535 | −0.079% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02537 | +0.008% | $51K | $513K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02534 | −0.099% | $38K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02535 | −0.063% | $9K | — | 50x | as long as short |
| Aftermath Perps MONUSD | +0.0285% | 1h | 0.02548 | +0.418% | $2K | $79K | 10x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02537 | +0.004% | $106K | $2.3M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0744% | 1h | 0.02556 | +0.741% | $112K | $52K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0842% | 1h | 0.02539 | +0.082% | $267K | $97K | 10x | as long as short |
dYdX MON-USD
Binance MONUSDT
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
Nado MON-PERP
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
GMX MON/USD [ETH-USDC]
Aftermath Perps MONUSD
Perpl MON
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD