Funding you earn now, next payment 22:00 UTC+0.0835%/8h= +91.4% APRnext payment +$1.04 per $10,000 · paid last 24h +0.028%
Price spread now: Lighter against Injective−0.654%96s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 0.654% cheaper against Injective than usual: you would sell low and buy high (spread −0.654% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$65 on $10k: about 2.6 days of funding at the current rate (+$25 a day). The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective MON/USDC PERP | 0.02599 | −0.0739 | get 0.0092% / 1h | 3m 36s | $6K | $110 | 5.5x |
| Short | Lighter MON | 0.02582 | 0.0096 | get 0.0012% / 1h | 3m 36s | $844K | $763K | 10x |
Injective MON/USDC PERP
Lighter MONFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Injective. 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
- $175.3
- Price spread: −0.654% → 0.000%
- −$65.41
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $109.88
- Costs to cover
- 0.000%
- Break-even
- 2.6 days
Slippage unknown: Injective: no order-book sample; Lighter: live order book, 16 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 Injective no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 16 min ago | 7.69 bp | 20.1 bp −$20 | 133.8 bp −$1,338 | doesn't fit | doesn't fit |
Injective: 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 PERPlong | −0.0739% | 1h | 0.02599 | long leg | $6K | $110 | 5.5x | |
| Deribit MON_USDC-PERPETUAL | −0.0370% | 1h | 0.02581 | −0.704% | $66K | $114K | 25x | as long as short |
| 01 Exchange MONUSD | −0.0344% | 1h | 0.02576 | −0.904% | $6K | $1K | 5x | as long as short |
| Bybit MONUSDT | −0.0027% | 8h | 0.02580 | −0.731% | $21.5M | $11.8M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02591 | −0.316% | $13K | $384K | 5x | as long as short |
| Paradex MON-USD-PERP | +0.0070% | 8h | 0.02581 | −0.676% | $8K | $42 | 5x | as long as short |
| Orderly PERP_MON_USDC | +0.0077% | 4h | 0.02579 | −0.770% | $17K | $64K | 10x | as long as short |
| Aftermath Perps MONUSD | +0.0081% | 1h | 0.02589 | −0.387% | $2K | $73K | 10x | as long as short |
| Lighter MONshort | +0.0096% | 1h | 0.02582 | −0.654% | $844K | $763K | 10x | |
| Nado MON-PERP | +0.0100% | 1h | 0.02585 | −0.542% | $388K | $536K | 10x | as long as short |
Deribit MON_USDC-PERPETUAL
01 Exchange MONUSD
Bybit MONUSDT
Phoenix MON
Paradex MON-USD-PERP
Orderly PERP_MON_USDC
Aftermath Perps MONUSD
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 | 0.02583 | −0.623% | $34.8M | $7.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02583 | −0.628% | $108K | $233K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02583 | −0.599% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02582 | −0.662% | $142K | $106K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02580 | −0.725% | $24.5M | $24.6M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02579 | −0.770% | $4.4M | $6.0M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02600 | +0.038% | $109K | $3K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02581 | −0.693% | $1.0M | $935K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02584 | −0.577% | $2.7M | $1.8M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02579 | −0.755% | $778K | $412K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02579 | −0.777% | $47K | $243K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02581 | −0.693% | $581K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02581 | −0.693% | $69K | $480K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02578 | −0.808% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02585 | −0.553% | $52K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02578 | −0.804% | $39K | — | 3x | as long as short |
| BloFin MON-USDT | +0.0109% | 4h | 0.02576 | −0.885% | $1.4M | $244K | 75x | as long as short |
| Kraken Futures PF_MONUSD | +0.0132% | 1h | 0.02584 | −0.585% | $266K | $67K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0261% / S −0.0598% | 1h | 0.02581 | −0.677% | $9K | — | 50x | as long as short |
| Backpack MON_USDC_PERP | +0.0270% | 1h | 0.02581 | −0.700% | $138K | $137K | 10x | as long as short |
| KuCoin MONUSDTM | +0.0326% | 4h | 0.02583 | −0.616% | $3.1M | $747K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02580 | −0.743% | $144K | $1.8M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0648% | 1h | 0.02607 | +0.296% | $114K | $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
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
BloFin MON-USDT
Kraken Futures PF_MONUSD
GMX MON/USD [ETH-USDC]
Backpack MON_USDC_PERP
KuCoin MONUSDTM
Perpl MON
Coinbase International MON-PERP-INTX