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

MON

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h −0.026%
Price spread now: SoDEX against Lighter−0.078%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.078% cheaper against Lighter than usual: you would sell low and buy high, −$8 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter MON0.025680.0096pay 0.0012% / 1h1m 22s$855K$755K10x
ShortSoDEX MON-USD0.025660.0100get 0.0013% / 1h1m 22s$5K$6K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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: −0.078% → 0.000%
−$7.79
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$14.95
Costs to cover
0.080%
Break-even
131.6 days
Slippage unknown: Lighter: live order book, 4 min ago; SoDEX: no order-book sample. Net counts fees only.

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, 4 min ago11.60 bp20.5 bp −$20132.4 bp −$1,324doesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective MON/USDC PERP−0.0444%1h0.02570+0.078%$6K$1085.5xas long as short
01 Exchange MONUSD−0.0016%1h0.02558−0.382%$6K$1K5xas long as short
Phoenix MON0.0000%1h0.02592+0.946%$13K$351K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02567−0.043%$69K$119K25xas long as short
Orderly PERP_MON_USDC+0.0062%4h0.02564−0.156%$17K$59K10xas long as short
Paradex MON-USD-PERP+0.0093%8h0.02563−0.190%$8K$425xas long as short
Lighter MONlong+0.0096%1h0.02568long leg$855K$755K10x
Bybit MONUSDT+0.0096%8h0.02561−0.253%$21.3M$12.2M50xas long as short
Nado MON-PERP+0.0100%1h0.02569+0.039%$394K$525K10xas long as short
Aster MONUSDT+0.0100%4h0.02569+0.053%$107K$231K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX MON-USD+0.0100%1h0.02566−0.067%$13K5xas long as short
Pacifica MON+0.0100%1h0.02567−0.031%$142K$103K3xas long as short
Binance MONUSDT+0.0100%4h0.02564−0.165%$24.5M$25.4M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02562−0.234%$4.3M$5.8M50xas long as short
Bulk MON-USD+0.0100%1h0.02595+1.051%$108K$4K10xas long as short
Gate MON_USDT+0.0100%4h0.02565−0.117%$965K$932K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02574+0.234%$2.9M$729K75xas long as short
Bitget MONUSDT+0.0100%4h0.02566−0.078%$2.8M$1.9M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02567−0.031%$124K$150K10xas long as short
Variational Omni MON+0.0100%8h0.02582+0.546%$776K$410Kas long as short
edgeX MONUSDC+0.0100%4h0.02571+0.125%$44K$249K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02586+0.701%$578K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.025680.000%$68K$488K50xas long as short
SoDEX MON-USDshort+0.0100%1h0.02566−0.078%$5K$6K5x
Extended MON-USD+0.0104%1h0.02568+0.015%$49K$520K10xas long as short
Aevo MON-PERP+0.0104%1h0.02566−0.074%$39K3xas long as short
Hyperliquid MON+0.0121%1h0.02569+0.055%$35.0M$7.5M5xas long as short
Aftermath Perps MONUSD+0.0247%1h0.02579+0.446%$4K$74K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0261% / S −0.0598%1h0.02565−0.125%$8K50xas long as short
BloFin MON-USDT+0.0340%4h0.02570+0.078%$1.3M$306K75xas long as short
Perpl MON+0.0447%43m0.02567−0.047%$116K$2.1M10xas long as short
Kraken Futures PF_MONUSD+0.0465%1h0.02569+0.051%$270K$78K10xas long as short
Coinbase International MON-PERP-INTX+0.0808%1h0.02608+1.565%$114K$52K50xas long as short