MON

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0440%/8h= +48.2% APRnext payment +$0.55 per $10,000 · paid last 24h −0.036%

Price spread now: Lighter against 01 Exchange−0.177%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on 01 Exchange Short on Lighter

What this pair did over the last

the charts below follow

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 pays, the price is against you. Lighter is 0.177% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.177% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$18 on $10k: about 32 hours of funding at the current rate (+$13 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange MONUSD	0.02599	−0.0344	get 0.0043% / 1h	53m 47s	$6K	$1K	5x
Short	Lighter MON	0.02594	0.0096	get 0.0012% / 1h	53m 47s	$848K	$760K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against 01 Exchange. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee 01 ExchangebpFee LighterbpOrdersPrice spread, now −0.177%Rate

Funding earned: $92.4
Price spread: −0.177% → 0.000%: −$17.7
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Lighter: 0 bp × 2 orders: $0
Net: $67.7
Costs to cover: 0.070%
Break-even: 1.9 days

Slippage unknown: 01 Exchange: 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 01 Exchange no order-book sample	—	—	—	—	—
Sell Lighter live order book, 26 min ago	7.69 bp	20.1 bp −$20	133.8 bp −$1,338	doesn't fit	doesn't fit

01 Exchange: 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
01 Exchange MONUSDlong	−0.0344%	1h	0.02599	long leg	$6K	$1K	5x
Deribit MON_USDC-PERPETUAL	−0.0097%	1h	0.02595	−0.154%	$70K	$119K	25x	as long as short
Injective MON/USDC PERP	−0.0053%	1h	0.02582	−0.639%	$6K	$107	5.5x	as long as short
Bybit MONUSDT	−0.0029%	8h	0.02591	−0.281%	$21.6M	$11.8M	50x	as long as short
Phoenix MON	0.0000%	1h	0.02582	−0.627%	$13K	$362K	5x	as long as short
Perpl MON	0.0000%	43m	0.02596	−0.100%	$145K	$1.8M	10x	as long as short
Aftermath Perps MONUSD	+0.0030%	1h	0.02589	−0.351%	$2K	$73K	10x	as long as short
Paradex MON-USD-PERP	+0.0066%	8h	0.02596	−0.108%	$8K	$42	5x	as long as short
Orderly PERP_MON_USDC	+0.0075%	4h	0.02594	−0.177%	$17K	$64K	10x	as long as short
Lighter MONshort	+0.0096%	1h	0.02594	−0.177%	$848K	$760K	10x

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid MON	+0.0100%	1h	0.02597	−0.065%	$35.1M	$7.5M	5x	as long as short
Aster MONUSDT	+0.0100%	4h	0.02595	−0.157%	$108K	$233K	10x	as long as short
dYdX MON-USD	+0.0100%	1h	0.02598	−0.030%	$13K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02596	−0.112%	$143K	$106K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02593	−0.216%	$24.6M	$24.6M	75x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02590	−0.331%	$4.4M	$6.0M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02580	−0.717%	$108K	$3K	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02593	−0.216%	$1.0M	$862K	50x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02594	−0.177%	$2.8M	$1.8M	25x	as long as short
Variational Omni MON	+0.0100%	8h	0.02588	−0.397%	$779K	$411K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02580	−0.711%	$47K	$242K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02586	−0.478%	$582K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02587	−0.446%	$69K	$480K	50x	as long as short
Nado MON-PERP	+0.0100%	1h	0.02602	+0.127%	$389K	$535K	10x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02593	−0.216%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02600	+0.045%	$52K	$407K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02592	−0.246%	$39K	—	3x	as long as short
Kraken Futures PF_MONUSD	+0.0172%	1h	0.02597	−0.069%	$268K	$67K	10x	as long as short
BloFin MON-USDT	+0.0185%	4h	0.02595	−0.139%	$1.4M	$295K	75x	as long as short
GMX MON/USD [ETH-USDC]	L +0.0261% / S −0.0598%	1h	0.02595	−0.139%	$9K	—	50x	as long as short
KuCoin MONUSDTM	+0.0336%	4h	0.02600	+0.054%	$3.2M	$747K	75x	as long as short
Coinbase International MON-PERP-INTX	+0.0536%	1h	0.02607	+0.312%	$114K	$50K	50x	as long as short
Backpack MON_USDC_PERP	+0.0545%	1h	0.02594	−0.165%	$138K	$137K	10x	as long as short