Funding you earn now, next payment 11:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.016%
Price spread now: Lighter against Binance+0.108%7-day average +0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$600.602% of the position
Funding, last 7 days+0.050%+$5 on $10k
+Price spread, last 4 days (all we have)−0.069%−$7 · spread now +0.108%, 7d avg +0.080%
=Together, before fees−0.019%+ Points / potential airdropLighter: Season 3 · farm board−$2 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 0.028% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.080%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MONUSDT | 0.02526 | 0.0100 | pay 0.0050% / 4h | 1h 08m | $24.3M | $26.3M | 75x |
| Short | Lighter MON | 0.02529 | 0.0096 | get 0.0012% / 1h | 8m 42s | $829K | $737K | 10x |
Binance MONUSDT
Lighter MONFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Binance. 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: +0.108% → +0.080%
- $2.78
- Slippage, 4 orders
- −$50.22
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$58.28
- Costs to cover
- 0.602%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; Lighter: live order book, 34 min ago.
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 Binance live order book, 11 min ago | 1.99 bp | 17.1 bp −$17 | 52.4 bp −$524 | 517.4 bp −$51.7K | doesn't fit |
| Sell Lighter live order book, 34 min ago | 9.94 bp | 9.9 bp −$10 | 134.2 bp −$1,342 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange MONUSD | −0.0488% | 1h | 0.02522 | −0.181% | $6K | $2K | 5x | as long as short |
| Backpack MON_USDC_PERP | −0.0365% | 1h | 0.02528 | +0.060% | $113K | $147K | 10x | as long as short |
| Injective MON/USDC PERP | −0.0246% | 1h | 0.02541 | +0.583% | $6K | $101 | 5.5x | as long as short |
| Deribit MON_USDC-PERPETUAL | −0.0186% | 1h | 0.02523 | −0.114% | $80K | $119K | 25x | as long as short |
| Bybit MONUSDT | −0.0163% | 8h | 0.02524 | −0.090% | $21.4M | $13.5M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02519 | −0.272% | $12K | $281K | 5x | as long as short |
| Paradex MON-USD-PERP | +0.0031% | 8h | 0.02522 | −0.176% | $8K | $42 | 5x | as long as short |
| Lighter MONshort | +0.0096% | 1h | 0.02529 | +0.108% | $829K | $737K | 10x | |
| Hyperliquid MON | +0.0100% | 1h | 0.02529 | +0.104% | $33.9M | $6.3M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02524 | −0.090% | $100K | $204K | 10x | as long as short |
01 Exchange MONUSD
Backpack MON_USDC_PERP
Injective MON/USDC PERP
Deribit MON_USDC-PERPETUAL
Bybit MONUSDT
Phoenix MON
Paradex MON-USD-PERP
Hyperliquid MON
Aster MONUSDTShow 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 | −0.123% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02524 | −0.090% | $140K | $85K | 3x | as long as short |
| Binance MONUSDTlong | +0.0100% | 4h | 0.02526 | long leg | $24.3M | $26.3M | 75x | |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02525 | −0.051% | $4.2M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02520 | −0.249% | $103K | $238 | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02526 | −0.011% | $1.2M | $1.3M | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02525 | −0.051% | $2.9M | $695K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02528 | +0.068% | $2.8M | $2.3M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02516 | −0.413% | $751K | $368K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02516 | −0.402% | $42K | $248K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02521 | −0.209% | $566K | $1.4M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02519 | −0.288% | $68K | $547K | 50x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02526 | −0.012% | $401K | $575K | 10x | as long as short |
| Orderly PERP_MON_USDC | +0.0100% | 4h | 0.02525 | −0.051% | $16K | $36K | 10x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02523 | −0.130% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02528 | +0.079% | $58K | $320K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02523 | −0.150% | $38K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0231% / S −0.0246% | 1h | 0.02521 | −0.229% | $6K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02523 | −0.130% | $1.4M | $391K | 75x | as long as short |
| Aftermath Perps MONUSD | +0.0377% | 1h | 0.02522 | −0.182% | $5K | $97K | 10x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02524 | −0.098% | $117K | $2.1M | 10x | as long as short |
| Kraken Futures PF_MONUSD | +0.0696% | 1h | 0.02525 | −0.065% | $276K | $127K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0808% | 1h | 0.02534 | +0.325% | $107K | $55K | 50x | as long as short |
dYdX MON-USD
Pacifica MON
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
Nado MON-PERP
Orderly PERP_MON_USDC
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Aftermath Perps MONUSD
Perpl MON
Kraken Futures PF_MONUSD
Coinbase International MON-PERP-INTX