Settings8H · net · $10k
Funding arb · Price arb /

MON

all MON markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.019%
Price spread now: Binance against Lighter−0.080%7-day average −0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$670.666% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.052%−$5 on $10k
Price spread, last 4 days (all we have)+0.044%+$4 · spread now −0.080%, 7d avg −0.079%
Together, before fees−0.008%+ Points / potential airdropLighter: Season 3 · farm board−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter MON0.025060.0096pay 0.0012% / 1h55m 24s$809K$782K10x
ShortBinance MONUSDT0.025040.0100get 0.0050% / 4h1h 55m$23.8M$27.7M75x

Funding 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 it
latest
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: −0.080% → −0.079%
−$0.06
Slippage, 4 orders
−$56.64
Fee Lighter: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
−$65.86
Costs to cover
0.666%
Break-even
555.8 days
Slippage from Lighter: live order book, 50 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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 50 min ago8.01 bp19.5 bp −$20148.0 bp −$1,480doesn't fitdoesn't fit
Sell Binance live order book, 1 min ago2.00 bp11.5 bp −$1254.7 bp −$547290.4 bp −$29.0Kdoesn't fit

MON on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix MON0.0000%1h0.02509+0.128%$12K$353K5xas long as short
Backpack MON_USDC_PERP+0.0032%1h0.02507+0.056%$114K$154K10xas long as short
Bybit MONUSDT+0.0032%8h0.02502−0.160%$20.6M$13.7M50xas long as short
Aftermath Perps MONUSD+0.0077%1h0.02513+0.273%$6K$98K10xas long as short
Orderly PERP_MON_USDC+0.0084%4h0.02505−0.040%$16K$48K10xas long as short
Lighter MONlong+0.0096%1h0.02506long leg$809K$782K10x
Paradex MON-USD-PERP+0.0099%8h0.02503−0.100%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02507+0.044%$401K$578K10xas long as short
Aster MONUSDT+0.0100%4h0.02505−0.025%$99K$221K10xas long as short
dYdX MON-USD+0.0100%1h0.02507+0.030%$13K5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica MON+0.0100%1h0.02505−0.028%$139K$93K3xas long as short
Binance MONUSDTshort+0.0100%4h0.02504−0.080%$23.8M$27.7M75x
OKX MON-USDT-SWAP+0.0100%4h0.02503−0.120%$4.2M$6.2M50xas long as short
Bulk MON-USD+0.0100%1h0.02520+0.553%$103K$1K10xas long as short
Gate MON_USDT+0.0100%4h0.02507+0.040%$938K$1.0M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02510+0.160%$2.9M$766K75xas long as short
Bitget MONUSDT+0.0100%4h0.025060.000%$2.7M$2.3M25xas long as short
Variational Omni MON+0.0100%8h0.02507+0.022%$743K$413Kas long as short
edgeX MONUSDC+0.0100%4h0.02513+0.277%$41K$249K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02513+0.271%$558K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02509+0.120%$68K$532K50xas long as short
SoDEX MON-USD+0.0100%1h0.025060.000%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02508+0.066%$53K$262K10xas long as short
Aevo MON-PERP+0.0104%1h0.02507+0.036%$38K3xas long as short
Injective MON/USDC PERP+0.0109%1h0.025060.000%$5K$1085.5xas long as short
GMX MON/USD [ETH-USDC]L +0.0231% / S −0.0246%1h0.02503−0.108%$6K50xas long as short
Deribit MON_USDC-PERPETUAL+0.0268%1h0.02509+0.108%$74K$135K25xas long as short
01 Exchange MONUSD+0.0272%1h0.02503−0.132%$7K$2K5xas long as short
BloFin MON-USDT+0.0340%4h0.02511+0.200%$1.3M$348K75xas long as short
Hyperliquid MON+0.0390%1h0.02508+0.072%$33.9M$7.8M5xas long as short
Perpl MON+0.0447%43m0.02505−0.048%$114K$2.2M10xas long as short
Coinbase International MON-PERP-INTX+0.0576%1h0.02542+1.457%$112K$55K50xas long as short
Kraken Futures PF_MONUSD+0.0842%1h0.02509+0.122%$269K$118K10xas long as short