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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.019%
Price spread now: Lighter against Paradex+0.013%7-day average · you sell dearer than you buy
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · Lighter: Season 3 · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex MON-USD-PERP0.025160.0100pay 0.0100% / 8h7h 40m$8K$425x
ShortLighter MON0.025160.0096get 0.0012% / 1h40m 54s$808K$765K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Paradex. 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
−$0.83
Price spread: +0.013% → 0.000%
$1.29
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Lighter: 0 bp × 2 orders
$0
Net
−$3.54
Costs to cover
0.040%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; Lighter: live order book, 54 min ago. 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 Paradex no order-book sample
Sell Lighter live order book, 54 min ago9.99 bp17.7 bp −$18114.8 bp −$1,148doesn't fitdoesn't fit
Paradex: 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
Backpack MON_USDC_PERP−0.0139%1h0.02517+0.041%$110K$157K10xas long as short
Injective MON/USDC PERP−0.0089%1h0.02505−0.424%$5K$1085.5xas long as short
Phoenix MON0.0000%1h0.02519+0.140%$13K$346K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02514−0.055%$73K$137K25xas long as short
Lighter MONshort+0.0096%1h0.02516+0.013%$808K$765K10x
Paradex MON-USD-PERPlong+0.0100%8h0.02516long leg$8K$425x
Nado MON-PERP+0.0100%1h0.02521+0.200%$392K$573K10xas long as short
Hyperliquid MON+0.0100%1h0.02517+0.065%$34.0M$7.8M5xas long as short
Aster MONUSDT+0.0100%4h0.02518+0.096%$100K$213K10xas long as short
dYdX MON-USD+0.0100%1h0.02519+0.118%$13K5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica MON+0.0100%1h0.02518+0.104%$139K$91K3xas long as short
Binance MONUSDT+0.0100%4h0.02517+0.053%$24.0M$27.5M75xas long as short
Bybit MONUSDT+0.0100%8h0.02514−0.051%$21.0M$13.9M50xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02516+0.013%$4.2M$6.2M50xas long as short
Bulk MON-USD+0.0100%1h0.02510−0.224%$103K−$010xas long as short
Gate MON_USDT+0.0100%4h0.02517+0.053%$945K$1.0M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02520+0.172%$2.9M$766K75xas long as short
Bitget MONUSDT+0.0100%4h0.02518+0.092%$2.7M$2.3M25xas long as short
Variational Omni MON+0.0100%8h0.02516−0.004%$747K$408Kas long as short
edgeX MONUSDC+0.0100%4h0.02517+0.045%$41K$252K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02519+0.132%$561K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02519+0.132%$68K$542K50xas long as short
Orderly PERP_MON_USDC+0.0100%4h0.02515−0.027%$16K$40K10xas long as short
SoDEX MON-USD+0.0100%1h0.02514−0.067%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02515−0.021%$60K$328K10xas long as short
Aevo MON-PERP+0.0104%1h0.02513−0.094%$38K3xas long as short
01 Exchange MONUSD+0.0168%1h0.02516+0.009%$6K$3K5xas long as short
GMX MON/USD [ETH-USDC]L +0.0231% / S −0.0246%1h0.02521+0.204%$6K50xas long as short
BloFin MON-USDT+0.0340%4h0.02519+0.132%$1.3M$372K75xas long as short
Perpl MON+0.0447%43m0.02519+0.132%$119K$2.2M10xas long as short
Aftermath Perps MONUSD+0.0469%1h0.02516+0.029%$5K$103K10xas long as short
Coinbase International MON-PERP-INTX+0.0744%1h0.02525+0.371%$111K$54K50xas long as short
Kraken Futures PF_MONUSD+0.0795%1h0.02517+0.039%$270K$118K10xas long as short