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
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no 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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter MON | 0.02568 | 0.0096 | pay 0.0012% / 1h | 1m 22s | $855K | $755K | 10x |
| Short | SoDEX MON-USD | 0.02566 | 0.0100 | get 0.0013% / 1h | 1m 22s | $5K | $6K | 5x |
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 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% → 0.000%
- −$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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 4 min ago | 11.60 bp | 20.5 bp −$20 | 132.4 bp −$1,324 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective MON/USDC PERP | −0.0444% | 1h | 0.02570 | +0.078% | $6K | $108 | 5.5x | as long as short |
| 01 Exchange MONUSD | −0.0016% | 1h | 0.02558 | −0.382% | $6K | $1K | 5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02592 | +0.946% | $13K | $351K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02567 | −0.043% | $69K | $119K | 25x | as long as short |
| Orderly PERP_MON_USDC | +0.0062% | 4h | 0.02564 | −0.156% | $17K | $59K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0093% | 8h | 0.02563 | −0.190% | $8K | $42 | 5x | as long as short |
| Lighter MONlong | +0.0096% | 1h | 0.02568 | long leg | $855K | $755K | 10x | |
| Bybit MONUSDT | +0.0096% | 8h | 0.02561 | −0.253% | $21.3M | $12.2M | 50x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02569 | +0.039% | $394K | $525K | 10x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02569 | +0.053% | $107K | $231K | 10x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX MON-USD | +0.0100% | 1h | 0.02566 | −0.067% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02567 | −0.031% | $142K | $103K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02564 | −0.165% | $24.5M | $25.4M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02562 | −0.234% | $4.3M | $5.8M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02595 | +1.051% | $108K | $4K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02565 | −0.117% | $965K | $932K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02574 | +0.234% | $2.9M | $729K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02566 | −0.078% | $2.8M | $1.9M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02567 | −0.031% | $124K | $150K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02582 | +0.546% | $776K | $410K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02571 | +0.125% | $44K | $249K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02586 | +0.701% | $578K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02568 | 0.000% | $68K | $488K | 50x | as long as short |
| SoDEX MON-USDshort | +0.0100% | 1h | 0.02566 | −0.078% | $5K | $6K | 5x | |
| Extended MON-USD | +0.0104% | 1h | 0.02568 | +0.015% | $49K | $520K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02566 | −0.074% | $39K | — | 3x | as long as short |
| Hyperliquid MON | +0.0121% | 1h | 0.02569 | +0.055% | $35.0M | $7.5M | 5x | as long as short |
| Aftermath Perps MONUSD | +0.0247% | 1h | 0.02579 | +0.446% | $4K | $74K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0261% / S −0.0598% | 1h | 0.02565 | −0.125% | $8K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02570 | +0.078% | $1.3M | $306K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02567 | −0.047% | $116K | $2.1M | 10x | as long as short |
| Kraken Futures PF_MONUSD | +0.0465% | 1h | 0.02569 | +0.051% | $270K | $78K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0808% | 1h | 0.02608 | +1.565% | $114K | $52K | 50x | as long as short |
Lighter MON
SoDEX MON-USD
Injective MON/USDC PERP
01 Exchange MONUSD
Phoenix MON
Deribit MON_USDC-PERPETUAL
Paradex MON-USD-PERP
Bybit MONUSDT
Aster MONUSDT
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
Backpack MON_USDC_PERP
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
Extended MON-USD
Hyperliquid MON
Aftermath Perps MONUSD
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Kraken Futures PF_MONUSD
Coinbase International MON-PERP-INTX