Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.019%
Price spread now: Lighter against Gate+0.039%7-day average +0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$860.856% of the position
Funding, last 7 days+0.083%+$8 on $10k
+Price spread, last 4 days (all we have)+0.057%+$6 · spread now +0.039%, 7d avg +0.081%
=Together, before fees+0.140%+ Points / potential airdropLighter: Season 3 · farm board+$14 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 0.042% cheaper against Gate than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.081%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MON_USDT | 0.02553 | 0.0100 | pay 0.0050% / 4h | 2h 19m | $956K | $904K | 50x |
| Short | Lighter MON | 0.02554 | 0.0096 | get 0.0012% / 1h | 19m 48s | $851K | $742K | 10x |
Gate MON_USDT
Lighter MONFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Gate. 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: +0.039% → +0.081%
- −$4.21
- Slippage, 4 orders
- −$70.64
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$90.69
- Costs to cover
- 0.856%
- Break-even
- never at this rate
Slippage from Gate: live order book, 47 min ago; Lighter: live order book, 45 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 Gate live order book, 47 min ago | 7.73 bp | 23.5 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 45 min ago | 11.60 bp | 15.2 bp −$15 | 107.9 bp −$1,079 | doesn't fit | doesn't fit |
MON on 32 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 | −0.0388% | 1h | 0.02522 | −1.214% | $5K | $108 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0071% | 8h | 0.02552 | −0.039% | $21.0M | $12.8M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02556 | +0.110% | $13K | $349K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02554 | +0.027% | $69K | $125K | 25x | as long as short |
| 01 Exchange MONUSD | +0.0024% | 1h | 0.02554 | +0.024% | $6K | $1K | 5x | as long as short |
| Orderly PERP_MON_USDC | +0.0061% | 4h | 0.02554 | +0.039% | $16K | $51K | 10x | as long as short |
| Lighter MONshort | +0.0096% | 1h | 0.02554 | +0.039% | $851K | $742K | 10x | |
| Paradex MON-USD-PERP | +0.0097% | 8h | 0.02553 | −0.011% | $8K | $42 | 5x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02555 | +0.059% | $34.6M | $7.6M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02555 | +0.087% | $102K | $229K | 10x | as long as short |
Injective MON/USDC PERP
Bybit MONUSDT
Phoenix MON
Deribit MON_USDC-PERPETUAL
01 Exchange MONUSD
Orderly PERP_MON_USDC
Paradex MON-USD-PERP
Hyperliquid MON
Aster MONUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX MON-USD | +0.0100% | 1h | 0.02554 | +0.034% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02555 | +0.078% | $141K | $104K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02552 | −0.027% | $24.3M | $26.0M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02550 | −0.118% | $4.3M | $5.9M | 50x | as long as short |
| Gate MON_USDTlong | +0.0100% | 4h | 0.02553 | long leg | $956K | $904K | 50x | |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02555 | +0.078% | $2.9M | $744K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02554 | +0.039% | $2.7M | $2.0M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02555 | +0.059% | $119K | $157K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02554 | +0.040% | $759K | $419K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02552 | −0.031% | $44K | $248K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02555 | +0.078% | $574K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02554 | +0.039% | $68K | $495K | 50x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02555 | +0.091% | $410K | $545K | 10x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02553 | 0.000% | $5K | $6K | 5x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02550 | −0.118% | $106K | $4K | 10x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02556 | +0.127% | $51K | $517K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02553 | −0.004% | $39K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0261% / S −0.0429% | 1h | 0.02553 | +0.012% | $9K | — | 50x | as long as short |
| Aftermath Perps MONUSD | +0.0320% | 1h | 0.02550 | −0.102% | $2K | $79K | 10x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02554 | +0.031% | $106K | $2.3M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0744% | 1h | 0.02560 | +0.270% | $112K | $53K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0836% | 1h | 0.02558 | +0.177% | $278K | $88K | 10x | as long as short |
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
KuCoin MONUSDTM
Bitget MONUSDT
Backpack MON_USDC_PERP
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
Nado MON-PERP
SoDEX MON-USD
Bulk MON-USD
Extended MON-USD
Aevo MON-PERP
GMX MON/USD [ETH-USDC]
Aftermath Perps MONUSD
Perpl MON
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD