Funding you earn now, next payment 05:00 UTC+0.0001%/8h= +0.1% APRpaid last 24h +0.019%
Price spread now: Lighter against Paradex+0.121%7-day average — · you sell dearer than you buy
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 airdropParadex: Active · Lighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.121% dearer against Paradex than usual: you sell high and buy low, +$12 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex MON-USD-PERP | 0.02519 | 0.0095 | pay 0.0095% / 8h | 3h 59m | $8K | $42 | 5x |
| Short | Lighter MON | 0.02522 | 0.0096 | get 0.0012% / 1h | 59m 03s | $849K | $727K | 10x |
Paradex MON-USD-PERP
Lighter MONFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Paradex. 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
- $0.15
- Price spread: +0.121% → 0.000%
- $12.1
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $8.25
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: Paradex: no order-book sample; Lighter: live order book, 56 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 56 min ago | 9.92 bp | 19.7 bp −$20 | 135.4 bp −$1,354 | doesn't fit | doesn't fit |
Paradex: 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective MON/USDC PERP | −0.0203% | 1h | 0.02507 | −0.474% | $5K | $109 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0096% | 8h | 0.02518 | −0.018% | $20.8M | $13.3M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02519 | −0.006% | $12K | $358K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02521 | +0.065% | $74K | $136K | 25x | as long as short |
| Orderly PERP_MON_USDC | +0.0072% | 4h | 0.02520 | +0.042% | $16K | $34K | 10x | as long as short |
| Paradex MON-USD-PERPlong | +0.0095% | 8h | 0.02519 | long leg | $8K | $42 | 5x | |
| Lighter MONshort | +0.0096% | 1h | 0.02522 | +0.121% | $849K | $727K | 10x | |
| Nado MON-PERP | +0.0100% | 1h | 0.02521 | +0.098% | $426K | $578K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02520 | +0.046% | $33.9M | $7.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02520 | +0.041% | $101K | $222K | 10x | as long as short |
Injective MON/USDC PERP
Bybit MONUSDT
Phoenix MON
Deribit MON_USDC-PERPETUAL
Orderly PERP_MON_USDC
Nado MON-PERP
Hyperliquid MON
Aster MONUSDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX MON-USD | +0.0100% | 1h | 0.02520 | +0.032% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02520 | +0.038% | $139K | $93K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02520 | +0.042% | $24.0M | $26.9M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02518 | −0.038% | $4.2M | $6.0M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02510 | −0.355% | $103K | $5K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02520 | +0.042% | $945K | $976K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02520 | +0.042% | $2.8M | $758K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02522 | +0.121% | $2.7M | $2.2M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02522 | +0.109% | $114K | $151K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02519 | −0.016% | $745K | $410K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02518 | −0.030% | $41K | $251K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02519 | −0.001% | $564K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02517 | −0.077% | $68K | $512K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02520 | +0.042% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02521 | +0.078% | $48K | $519K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02519 | +0.002% | $38K | — | 3x | as long as short |
| 01 Exchange MONUSD | +0.0144% | 1h | 0.02520 | +0.050% | $6K | $1K | 5x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02520 | +0.034% | $9K | — | 50x | as long as short |
| Aftermath Perps MONUSD | +0.0275% | 1h | 0.02518 | −0.035% | $2K | $74K | 10x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02520 | +0.042% | $1.3M | $340K | 75x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0368% | 1h | 0.02518 | −0.034% | $110K | $57K | 50x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02522 | +0.113% | $114K | $2.3M | 10x | as long as short |
| Kraken Futures PF_MONUSD | +0.0723% | 1h | 0.02523 | +0.163% | $271K | $115K | 10x | as long as short |
dYdX MON-USD
Pacifica MON
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
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
01 Exchange MONUSD
GMX MON/USD [ETH-USDC]
Aftermath Perps MONUSD
BloFin MON-USDT
Coinbase International MON-PERP-INTX
Perpl MON
Kraken Futures PF_MONUSD