Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h −0.019%
Price spread now: ApeX Omni against Lighter−0.118%108s7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$770.769% of the position
Funding, last 7 days−0.090%−$9 on $10k
+Price spread, last 4 days (all we have)+0.531%+$53 · spread now −0.118%, 7d avg −0.058%
=Together, before fees+0.440%+ Points / potential airdropLighter: Season 3 · farm board+$44 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: ApeX Omni is 0.061% cheaper against Lighter than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.058%. The two prices were read 108 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 | Lighter MON | 0.02539 | 0.0096 | pay 0.0012% / 1h | 29m 43s | $846K | $738K | 10x |
| Short | ApeX Omni MONUSDT | 0.02536 | 0.0100 | get 0.0013% / 1h | 29m 43s | $68K | $501K | 50x |
Lighter MON
ApeX Omni MONUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Lighter. 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: −0.118% → −0.058%
- −$6.05
- Slippage, 4 orders
- −$66.9
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$82.11
- Costs to cover
- 0.769%
- Break-even
- 691.3 days
Slippage from Lighter: live order book, 30 min ago; ApeX Omni: live order book, 33 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 Lighter live order book, 30 min ago | 9.86 bp | 18.6 bp −$19 | 110.9 bp −$1,109 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 33 min ago | 9.85 bp | 18.4 bp −$18 | 109.4 bp −$1,094 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix MON | −0.0316% | 1h | 0.02535 | −0.154% | $13K | $367K | 5x | as long as short |
| Injective MON/USDC PERP | −0.0253% | 1h | 0.02535 | −0.158% | $6K | $111 | 5.5x | as long as short |
| Backpack MON_USDC_PERP | −0.0235% | 1h | 0.02539 | −0.004% | $114K | $151K | 10x | as long as short |
| Bybit MONUSDT | −0.0138% | 8h | 0.02534 | −0.197% | $20.8M | $12.9M | 50x | as long as short |
| 01 Exchange MONUSD | 0.0000% | 1h | 0.02541 | +0.091% | $6K | $1K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02541 | +0.091% | $105K | $2.3M | 10x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02539 | −0.008% | $68K | $125K | 25x | as long as short |
| Orderly PERP_MON_USDC | +0.0085% | 4h | 0.02538 | −0.039% | $16K | $51K | 10x | as long as short |
| Lighter MONlong | +0.0096% | 1h | 0.02539 | long leg | $846K | $738K | 10x | |
| Paradex MON-USD-PERP | +0.0099% | 8h | 0.02540 | +0.042% | $8K | $42 | 5x | as long as short |
Phoenix MON
Injective MON/USDC PERP
Backpack MON_USDC_PERP
Bybit MONUSDT
01 Exchange MONUSD
Perpl MON
Deribit MON_USDC-PERPETUAL
Orderly PERP_MON_USDC
Paradex MON-USD-PERPShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MON | +0.0100% | 1h | 0.02539 | −0.012% | $34.4M | $7.4M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02538 | −0.028% | $101K | $229K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02538 | −0.020% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02539 | +0.004% | $141K | $93K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02536 | −0.118% | $24.2M | $26.1M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02535 | −0.158% | $4.2M | $5.9M | 50x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02537 | −0.079% | $953K | $928K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02536 | −0.118% | $2.9M | $742K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02538 | −0.039% | $2.7M | $2.0M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02535 | −0.139% | $753K | $405K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02534 | −0.215% | $42K | $250K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02537 | −0.084% | $568K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDTshort | +0.0100% | 1h | 0.02536 | −0.118% | $68K | $501K | 50x | |
| Nado MON-PERP | +0.0100% | 1h | 0.02542 | +0.112% | $409K | $541K | 10x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02538 | −0.039% | $5K | $6K | 5x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02530 | −0.354% | $105K | $4K | 10x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02538 | −0.026% | $50K | $516K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02538 | −0.032% | $38K | — | 3x | as long as short |
| Aftermath Perps MONUSD | +0.0244% | 1h | 0.02535 | −0.175% | $2K | $74K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02539 | +0.016% | $9K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02539 | 0.000% | $1.3M | $322K | 75x | as long as short |
| Kraken Futures PF_MONUSD | +0.0490% | 1h | 0.02540 | +0.028% | $270K | $100K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0536% | 1h | 0.02542 | +0.098% | $111K | $52K | 50x | as long as short |
Hyperliquid MON
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
Nado MON-PERP
SoDEX MON-USD
Bulk MON-USD
Extended MON-USD
Aevo MON-PERP
Aftermath Perps MONUSD
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Kraken Futures PF_MONUSD
Coinbase International MON-PERP-INTX