Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.030%
Price spread now: Binance against Lighter−0.066%7-day average −0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$680.675% of the position
Funding, last 7 days−0.064%−$6 on $10k
+Price spread, last 4 days (all we have)+0.030%+$3 · spread now −0.066%, 7d avg −0.079%
=Together, before fees−0.034%+ Points / potential airdropLighter: Season 3 · farm board−$3 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter MON | 0.02554 | 0.0096 | pay 0.0012% / 1h | 55m 06s | $848K | $739K | 10x |
| Short | Binance MONUSDT | 0.02552 | 0.0100 | get 0.0050% / 4h | 3h 55m | $24.4M | $25.5M | 75x |
Lighter MON
Binance MONUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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: −0.066% → −0.079%
- $1.32
- Slippage, 4 orders
- −$57.53
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$65.37
- Costs to cover
- 0.675%
- Break-even
- 551.8 days
Slippage from Lighter: live order book, 15 min ago; Binance: live order book, 1 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, 15 min ago | 9.76 bp | 14.0 bp −$14 | 102.1 bp −$1,021 | doesn't fit | doesn't fit |
| Sell Binance live order book, 1 min ago | 1.95 bp | 14.4 bp −$14 | 60.6 bp −$606 | 455.3 bp −$45.5K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective MON/USDC PERP | −0.0444% | 1h | 0.02556 | +0.078% | $6K | $105 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0167% | 8h | 0.02550 | −0.157% | $21.0M | $12.1M | 50x | as long as short |
| Backpack MON_USDC_PERP | −0.0043% | 1h | 0.02554 | +0.004% | $127K | $141K | 10x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02559 | +0.211% | $13K | $351K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02553 | −0.031% | $69K | $119K | 25x | as long as short |
| 01 Exchange MONUSD | +0.0024% | 1h | 0.02553 | −0.055% | $6K | $1K | 5x | as long as short |
| Orderly PERP_MON_USDC | +0.0070% | 4h | 0.02553 | −0.039% | $17K | $64K | 10x | as long as short |
| Lighter MONlong | +0.0096% | 1h | 0.02554 | long leg | $848K | $739K | 10x | |
| Paradex MON-USD-PERP | +0.0097% | 8h | 0.02554 | +0.011% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02557 | +0.116% | $390K | $540K | 10x | as long as short |
Injective MON/USDC PERP
Bybit MONUSDT
Backpack MON_USDC_PERP
Phoenix MON
Deribit MON_USDC-PERPETUAL
01 Exchange MONUSD
Orderly PERP_MON_USDC
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 | 0.02556 | +0.059% | $34.6M | $7.7M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02557 | +0.114% | $106K | $231K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02559 | +0.200% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02557 | +0.125% | $141K | $104K | 3x | as long as short |
| Binance MONUSDTshort | +0.0100% | 4h | 0.02552 | −0.066% | $24.4M | $25.5M | 75x | |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02552 | −0.078% | $4.3M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02560 | +0.235% | $107K | −$0 | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02553 | −0.039% | $976K | $889K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02555 | +0.039% | $2.7M | $1.9M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02556 | +0.084% | $772K | $407K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02557 | +0.132% | $47K | $243K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02560 | +0.223% | $580K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02559 | +0.196% | $68K | $482K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02552 | −0.078% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02556 | +0.074% | $51K | $404K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02555 | +0.043% | $39K | — | 3x | as long as short |
| Aftermath Perps MONUSD | +0.0125% | 1h | 0.02560 | +0.234% | $3K | $75K | 10x | as long as short |
| KuCoin MONUSDTM | +0.0224% | 4h | 0.02559 | +0.196% | $3.0M | $720K | 75x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0598% | 1h | 0.02553 | −0.031% | $8K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02557 | +0.117% | $1.3M | $306K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02556 | +0.063% | $124K | $1.8M | 10x | as long as short |
| Kraken Futures PF_MONUSD | +0.0468% | 1h | 0.02555 | +0.056% | $268K | $78K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0808% | 1h | 0.02609 | +2.150% | $115K | $50K | 50x | as long as short |
Hyperliquid MON
Aster MONUSDT
dYdX MON-USD
Pacifica MON
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
Aftermath Perps MONUSD
KuCoin MONUSDTM
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Perpl MON
Kraken Futures PF_MONUSD
Coinbase International MON-PERP-INTX