Funding you earn now, next payment 11:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h +0.018%
Price spread now: Lighter against Aevo+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 5 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 Aevo 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 | Aevo MON-PERP | 0.02524 | 0.0104 | pay 0.0013% / 1h | 54m 41s | $38K | — | 3x |
| Short | Lighter MON | 0.02526 | 0.0096 | get 0.0012% / 1h | 54m 41s | $828K | $737K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Aevo. 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
- −$1.68
- Price spread: +0.079% → 0.000%
- $7.92
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$9.76
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Lighter: live order book, 53 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 53 min ago | 15.69 bp | 27.9 bp −$28 | 165.6 bp −$1,656 | doesn't fit | doesn't fit |
Aevo: 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 exchanges
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 | −0.0246% | 1h | 0.02541 | +0.674% | $6K | $101 | 5.5x | as long as short |
| 01 Exchange MONUSD | −0.0040% | 1h | 0.02522 | −0.063% | $6K | $2K | 5x | as long as short |
| Backpack MON_USDC_PERP | −0.0020% | 1h | 0.02525 | +0.020% | $111K | $149K | 10x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02526 | +0.079% | $13K | $281K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02524 | +0.012% | $74K | $112K | 25x | as long as short |
| Bybit MONUSDT | +0.0087% | 8h | 0.02520 | −0.158% | $21.1M | $13.4M | 50x | as long as short |
| Lighter MONshort | +0.0096% | 1h | 0.02526 | +0.079% | $828K | $737K | 10x | |
| Paradex MON-USD-PERP | +0.0099% | 8h | 0.02521 | −0.103% | $8K | $42 | 5x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02526 | +0.063% | $33.9M | $6.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02523 | −0.025% | $100K | $205K | 10x | as long as short |
Show all 33 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX MON-USD | +0.0100% | 1h | 0.02523 | −0.050% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02524 | −0.008% | $140K | $87K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02522 | −0.079% | $24.3M | $26.7M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02520 | −0.158% | $4.2M | $6.0M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02520 | −0.147% | $103K | −$0 | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02523 | −0.040% | $1.1M | $1.2M | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02524 | 0.000% | $2.9M | $755K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02524 | 0.000% | $2.8M | $2.3M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02520 | −0.164% | $753K | $378K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02522 | −0.087% | $42K | $249K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02524 | +0.011% | $571K | $1.4M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02526 | +0.079% | $68K | $547K | 50x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02527 | +0.127% | $392K | $571K | 10x | as long as short |
| Orderly PERP_MON_USDC | +0.0100% | 4h | 0.02524 | 0.000% | $16K | $36K | 10x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02524 | 0.000% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02525 | +0.043% | $59K | $323K | 10x | as long as short |
| Aevo MON-PERPlong | +0.0104% | 1h | 0.02524 | long leg | $38K | — | 3x | |
| GMX MON/USD [ETH-USDC] | L +0.0231% / S −0.0246% | 1h | 0.02524 | −0.012% | $6K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02525 | +0.040% | $1.4M | $389K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02523 | −0.044% | $117K | $2.1M | 10x | as long as short |
| Kraken Futures PF_MONUSD | +0.0696% | 1h | 0.02528 | +0.140% | $273K | $124K | 10x | as long as short |
| Aftermath Perps MONUSD | +0.0719% | 1h | 0.02527 | +0.119% | $5K | $96K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0808% | 1h | 0.02539 | +0.582% | $112K | $50K | 50x | as long as short |
Lighter MON
Injective MON/USDC PERP
01 Exchange MONUSD
Backpack MON_USDC_PERP
Phoenix MON
Deribit MON_USDC-PERPETUAL
Bybit MONUSDT
Paradex MON-USD-PERP
Hyperliquid MON
Aster MONUSDT
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Kraken Futures PF_MONUSD
Aftermath Perps MONUSD
Coinbase International MON-PERP-INTX