Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.026%
Price spread now: Lighter against Variational Omni+0.153%7-day average +0.187% · 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)+0.083%+$8 on $10k
+Price spread, last 3 days (all we have)−0.049%−$5 · spread now +0.153%, 7d avg +0.187%
=Together, before fees+0.034%+ Points / potential airdropVariational Omni: Active · Lighter: Season 3 · farm board+$3 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 0.034% cheaper against Variational Omni than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.187%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni MON | 0.02538 | 0.0100 | pay 0.0100% / 8h | 6h 55m | $764K | $411K | — |
| Short | Lighter MON | 0.02542 | 0.0096 | get 0.0012% / 1h | 55m 01s | $847K | $740K | 10x |
Variational Omni MON
Lighter MONFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Variational Omni. 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: +0.153% → +0.187%
- −$3.36
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$4.2
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 14 min ago; Lighter: live order book, 10 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 Variational Omni RFQ quote, 14 min ago | 7.70 bp | doesn't fit | 119.4 bp −$1,194 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 10 min ago | 11.60 bp | 15.2 bp −$15 | 107.9 bp −$1,079 | 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni MONUSDT | −0.0850% | 1h | 0.02545 | +0.272% | $68K | $489K | 50x | as long as short |
| Injective MON/USDC PERP | −0.0388% | 1h | 0.02541 | +0.114% | $6K | $106 | 5.5x | as long as short |
| 01 Exchange MONUSD | −0.0096% | 1h | 0.02538 | +0.012% | $6K | $1K | 5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02549 | +0.437% | $13K | $349K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02541 | +0.106% | $69K | $119K | 25x | as long as short |
| Orderly PERP_MON_USDC | +0.0060% | 4h | 0.02539 | +0.035% | $16K | $58K | 10x | as long as short |
| Bybit MONUSDT | +0.0062% | 8h | 0.02541 | +0.114% | $21.2M | $12.3M | 50x | as long as short |
| Paradex MON-USD-PERP | +0.0094% | 8h | 0.02543 | +0.195% | $8K | $42 | 5x | as long as short |
| Lighter MONshort | +0.0096% | 1h | 0.02542 | +0.153% | $847K | $740K | 10x | |
| Nado MON-PERP | +0.0100% | 1h | 0.02546 | +0.307% | $403K | $537K | 10x | as long as short |
ApeX Omni MONUSDT
Injective MON/USDC PERP
01 Exchange MONUSD
Phoenix MON
Deribit MON_USDC-PERPETUAL
Orderly PERP_MON_USDC
Bybit MONUSDT
Paradex MON-USD-PERP
Nado MON-PERPShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster MONUSDT | +0.0100% | 4h | 0.02542 | +0.170% | $106K | $227K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02544 | +0.226% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02544 | +0.232% | $141K | $103K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02542 | +0.153% | $24.3M | $25.7M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02541 | +0.114% | $4.3M | $5.8M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02545 | +0.289% | $106K | $4K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02542 | +0.153% | $955K | $884K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02543 | +0.193% | $2.9M | $739K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02544 | +0.232% | $2.7M | $2.0M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02544 | +0.252% | $120K | $160K | 10x | as long as short |
| Variational Omni MONlong | +0.0100% | 8h | 0.02538 | long leg | $764K | $411K | — | |
| edgeX MONUSDC | +0.0100% | 4h | 0.02548 | +0.380% | $44K | $247K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02548 | +0.390% | $572K | $1.5M | 10x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02540 | +0.075% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02545 | +0.264% | $49K | $520K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02539 | +0.016% | $38K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0598% | 1h | 0.02540 | +0.082% | $8K | — | 50x | as long as short |
| Aftermath Perps MONUSD | +0.0334% | 1h | 0.02559 | +0.827% | $4K | $74K | 10x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02541 | +0.114% | $1.4M | $308K | 75x | as long as short |
| Hyperliquid MON | +0.0403% | 1h | 0.02547 | +0.358% | $34.7M | $7.5M | 5x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02543 | +0.185% | $115K | $2.1M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0744% | 1h | 0.02548 | +0.374% | $111K | $51K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0841% | 1h | 0.02543 | +0.184% | $277K | $88K | 10x | as long as short |
Aster MONUSDT
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
edgeX MONUSDC
GRVT MON_USDT_Perp
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
GMX MON/USD [ETH-USDC]
Aftermath Perps MONUSD
BloFin MON-USDT
Hyperliquid MON
Perpl MON
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD