Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.019%
Price spread now: edgeX against Lighter−0.078%7-day average −0.104% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$770.766% of the position
Funding, last 7 days−0.064%−$6 on $10k
+Price spread, last 4 days (all we have)+0.445%+$44 · spread now −0.078%, 7d avg −0.104%
=Together, before fees+0.381%+ Points / potential airdropLighter: Season 3 · edgeX: Active · farm board+$38 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: edgeX is 0.026% dearer against Lighter than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.104%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter MON | 0.02520 | 0.0096 | pay 0.0012% / 1h | 5m 14s | $840K | $738K | 10x |
| Short | edgeX MONUSDC | 0.02518 | 0.0100 | get 0.0050% / 4h | 1h 05m | $41K | $250K | 10x |
Lighter MON
edgeX MONUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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: −0.078% → −0.104%
- $2.59
- Slippage, 4 orders
- −$67.62
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$73.19
- Costs to cover
- 0.766%
- Break-even
- 616.9 days
Slippage from Lighter: live order book, 55 min ago; edgeX: live order book, 57 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, 55 min ago | 9.86 bp | 18.6 bp −$19 | 110.9 bp −$1,109 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 57 min ago | 7.88 bp | 18.8 bp −$19 | doesn't fit | 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 | 0.02516 | −0.163% | $12K | $367K | 5x | as long as short |
| Backpack MON_USDC_PERP | −0.0263% | 1h | 0.02521 | +0.048% | $111K | $152K | 10x | as long as short |
| Injective MON/USDC PERP | −0.0253% | 1h | 0.02528 | +0.317% | $5K | $112 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0134% | 8h | 0.02519 | −0.040% | $20.7M | $13.1M | 50x | as long as short |
| 01 Exchange MONUSD | −0.0080% | 1h | 0.02517 | −0.119% | $6K | $1K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | −0.0028% | 1h | 0.02518 | −0.087% | $68K | $126K | 25x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02520 | +0.016% | $104K | $2.3M | 10x | as long as short |
| Orderly PERP_MON_USDC | +0.0084% | 4h | 0.02517 | −0.119% | $16K | $46K | 10x | as long as short |
| Lighter MONlong | +0.0096% | 1h | 0.02520 | long leg | $840K | $738K | 10x | |
| Paradex MON-USD-PERP | +0.0099% | 8h | 0.02515 | −0.180% | $8K | $42 | 5x | as long as short |
Phoenix MON
Backpack MON_USDC_PERP
Injective MON/USDC PERP
Bybit MONUSDT
01 Exchange MONUSD
Deribit MON_USDC-PERPETUAL
Perpl MON
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 | |
|---|---|---|---|---|---|---|---|---|
| Nado MON-PERP | +0.0100% | 1h | 0.02522 | +0.085% | $411K | $543K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02522 | +0.091% | $34.1M | $7.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02520 | +0.016% | $101K | $222K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02520 | −0.014% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02518 | −0.079% | $139K | $92K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02518 | −0.079% | $23.9M | $26.7M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02518 | −0.079% | $4.2M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02520 | +0.017% | $103K | $5K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02520 | 0.000% | $950K | $971K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02519 | −0.040% | $2.9M | $746K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02522 | +0.079% | $2.7M | $2.1M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02516 | −0.178% | $747K | $405K | — | as long as short |
| edgeX MONUSDCshort | +0.0100% | 4h | 0.02518 | −0.078% | $41K | $250K | 10x | |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02524 | +0.159% | $565K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02523 | +0.119% | $68K | $504K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02516 | −0.159% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02519 | −0.036% | $48K | $513K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02517 | −0.099% | $38K | — | 3x | as long as short |
| Aftermath Perps MONUSD | +0.0254% | 1h | 0.02523 | +0.124% | $2K | $74K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02518 | −0.067% | $9K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02516 | −0.159% | $1.3M | $325K | 75x | as long as short |
| Kraken Futures PF_MONUSD | +0.0494% | 1h | 0.02520 | −0.007% | $268K | $113K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0536% | 1h | 0.02534 | +0.556% | $112K | $57K | 50x | as long as short |
Nado MON-PERP
Hyperliquid MON
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
Variational Omni MON
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX 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