Funding you earn now, next payment 20:00 UTC+0.0096%/8hnext payment +$0.12 per $10,000 · paid last 24h −0.005%
Price spread now: Lighter against Deribit−0.016%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit MON_USDC-PERPETUAL | 0.02531 | 0 | get 0.0000% / 1h | 31m 20s | $47K | $74K | 25x |
| Short | Lighter MON | 0.02531 | 0.0096 | get 0.0012% / 1h | 31m 20s | $825K | $745K | 10x |
Deribit MON_USDC-PERPETUAL
Lighter MONFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Deribit. 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
- $20.16
- Price spread: −0.016% → 0.000%
- −$1.58
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $11.58
- Costs to cover
- 0.070%
- Break-even
- 3.0 days
Slippage unknown: Deribit: no order-book sample; Lighter: live order book, 6 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 6 min ago | 7.90 bp | 17.0 bp −$17 | 114.0 bp −$1,140 | doesn't fit | doesn't fit |
Deribit: 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective MON/USDC PERP | −0.0242% | 1h | 0.02534 | +0.103% | $6K | $109 | 5.5x | as long as short |
| Backpack MON_USDC_PERP | −0.0204% | 1h | 0.02531 | 0.000% | $133K | $135K | 10x | as long as short |
| 01 Exchange MONUSD | −0.0176% | 1h | 0.02526 | −0.205% | $6K | $1K | 5x | as long as short |
| Bybit MONUSDT | −0.0027% | 8h | 0.02527 | −0.170% | $21.0M | $11.2M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02531 | 0.000% | $13K | $374K | 5x | as long as short |
| Deribit MON_USDC-PERPETUALlong | 0.0000% | 1h | 0.02531 | long leg | $47K | $74K | 25x | |
| BloFin MON-USDT | +0.0058% | 4h | 0.02525 | −0.253% | $1.3M | $219K | 75x | as long as short |
| Lighter MONshort | +0.0096% | 1h | 0.02531 | −0.016% | $825K | $745K | 10x | |
| Paradex MON-USD-PERP | +0.0100% | 8h | 0.02528 | −0.128% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02532 | +0.021% | $314K | $527K | 10x | as long as short |
Injective MON/USDC PERP
Backpack MON_USDC_PERP
01 Exchange MONUSD
Bybit MONUSDT
Phoenix MON
BloFin MON-USDT
Paradex MON-USD-PERP
Nado MON-PERPShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MON | +0.0100% | 1h | 0.02532 | +0.040% | $34.2M | $7.4M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02531 | −0.002% | $105K | $240K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02531 | −0.017% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02530 | −0.067% | $144K | $104K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02529 | −0.113% | $23.9M | $23.8M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02526 | −0.213% | $4.3M | $5.7M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02524 | −0.310% | $106K | $7K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02528 | −0.134% | $958K | $934K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02530 | −0.055% | $2.6M | $1.7M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02525 | −0.272% | $753K | $366K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02526 | −0.230% | $47K | $242K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02527 | −0.154% | $564K | $1.3M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02526 | −0.213% | $67K | $488K | 50x | as long as short |
| Orderly PERP_MON_USDC | +0.0100% | 4h | 0.02527 | −0.174% | $16K | $64K | 10x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02530 | −0.055% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02532 | +0.030% | $45K | $400K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02530 | −0.075% | $38K | — | 3x | as long as short |
| KuCoin MONUSDTM | +0.0202% | 4h | 0.02535 | +0.142% | $3.0M | $773K | 75x | as long as short |
| Perpl MON | +0.0223% | 43m | 0.02534 | +0.107% | $208K | $1.7M | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0230% / S −0.0343% | 1h | 0.02530 | −0.047% | $6K | — | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0421% | 1h | 0.02532 | +0.014% | $252K | $61K | 10x | as long as short |
| Aftermath Perps MONUSD | +0.0445% | 1h | 0.02531 | −0.012% | $2K | $72K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0624% | 1h | 0.02546 | +0.561% | $113K | $50K | 50x | as long as short |
Hyperliquid MON
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
Orderly PERP_MON_USDC
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
KuCoin MONUSDTM
Perpl MON
GMX MON/USD [ETH-USDC]
Kraken Futures PF_MONUSD
Aftermath Perps MONUSD
Coinbase International MON-PERP-INTX