Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h +0.019%
Price spread now: Lighter against SoDEX+0.079%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.079% dearer against SoDEX than usual: you sell high and buy low, +$8 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 | SoDEX MON-USD | 0.02531 | 0.0100 | pay 0.0013% / 1h | 34m 03s | $5K | $6K | 5x |
| Short | Lighter MON | 0.02533 | 0.0096 | get 0.0012% / 1h | 34m 03s | $844K | $738K | 10x |
SoDEX MON-USD
Lighter MONFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against SoDEX. 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: +0.079% → 0.000%
- $7.9
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$0.94
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; Lighter: live order book, 26 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 26 min ago | 9.86 bp | 19.9 bp −$20 | 120.9 bp −$1,209 | doesn't fit | doesn't fit |
SoDEX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix MON | −0.0316% | 1h | 0.02527 | −0.162% | $13K | $367K | 5x | as long as short |
| Backpack MON_USDC_PERP | −0.0261% | 1h | 0.02533 | +0.059% | $114K | $151K | 10x | as long as short |
| Injective MON/USDC PERP | −0.0253% | 1h | 0.02535 | +0.158% | $6K | $111 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0155% | 8h | 0.02529 | −0.079% | $20.7M | $12.9M | 50x | as long as short |
| 01 Exchange MONUSD | −0.0008% | 1h | 0.02531 | −0.008% | $6K | $1K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02532 | +0.043% | $105K | $2.3M | 10x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02531 | −0.004% | $68K | $125K | 25x | as long as short |
| Orderly PERP_MON_USDC | +0.0083% | 4h | 0.02531 | 0.000% | $16K | $51K | 10x | as long as short |
| Lighter MONshort | +0.0096% | 1h | 0.02533 | +0.079% | $844K | $738K | 10x | |
| Paradex MON-USD-PERP | +0.0099% | 8h | 0.02529 | −0.066% | $8K | $42 | 5x | as long as short |
Phoenix MON
Backpack MON_USDC_PERP
Injective MON/USDC PERP
Bybit MONUSDT
01 Exchange MONUSD
Perpl MON
Deribit MON_USDC-PERPETUAL
Orderly PERP_MON_USDC
Paradex MON-USD-PERPShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado MON-PERP | +0.0100% | 1h | 0.02532 | +0.029% | $407K | $541K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02533 | +0.095% | $34.3M | $7.4M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02531 | −0.009% | $101K | $229K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02530 | −0.020% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02530 | −0.040% | $140K | $93K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02531 | −0.019% | $24.1M | $26.1M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02530 | −0.040% | $4.2M | $5.8M | 50x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02530 | −0.040% | $953K | $926K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02533 | +0.079% | $2.9M | $742K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02532 | +0.040% | $2.7M | $2.0M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02531 | −0.019% | $752K | $405K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02528 | −0.128% | $41K | $250K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02529 | −0.070% | $566K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02530 | −0.040% | $68K | $501K | 50x | as long as short |
| SoDEX MON-USDlong | +0.0100% | 1h | 0.02531 | long leg | $5K | $6K | 5x | |
| Bulk MON-USD | +0.0100% | 1h | 0.02530 | −0.040% | $105K | $4K | 10x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02532 | +0.050% | $50K | $516K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02531 | 0.000% | $38K | — | 3x | as long as short |
| Aftermath Perps MONUSD | +0.0247% | 1h | 0.02532 | +0.022% | $2K | $74K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02530 | −0.024% | $9K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02539 | +0.316% | $1.3M | $308K | 75x | as long as short |
| Kraken Futures PF_MONUSD | +0.0491% | 1h | 0.02532 | +0.045% | $270K | $100K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0536% | 1h | 0.02533 | +0.063% | $111K | $52K | 50x | as long as short |
Nado MON-PERP
Hyperliquid MON
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
Bulk MON-USD
Extended MON-USD
Aevo MON-PERP
Aftermath Perps MONUSD
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Kraken Futures PF_MONUSD
Coinbase International MON-PERP-INTX