Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h +0.019%
Price spread now: Lighter against ApeX Omni−0.200%7-day average +0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$760.757% of the position
Funding, last 7 days+0.058%+$6 on $10k
+Price spread, last 4 days (all we have)−0.213%−$21 · spread now −0.200%, 7d avg +0.057%
=Together, before fees−0.155%+ Points / potential airdropLighter: Season 3 · farm board−$15 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: Lighter is 0.256% cheaper against ApeX Omni than usual: you would sell low and buy high, −$26 on $10k if it goes back to its 7-day average of +0.057%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni MONUSDT | 0.02505 | 0.0100 | pay 0.0013% / 1h | 30m 54s | $68K | $545K | 50x |
| Short | Lighter MON | 0.02500 | 0.0096 | get 0.0012% / 1h | 30m 54s | $803K | $766K | 10x |
ApeX Omni MONUSDT
Lighter MONFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against ApeX Omni. 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: −0.200% → +0.057%
- −$25.65
- Slippage, 4 orders
- −$65.73
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$102.22
- Costs to cover
- 0.757%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 67 min ago; Lighter: live order book, 64 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 ApeX Omni live order book, 67 min ago | 10.01 bp | 19.2 bp −$19 | 113.7 bp −$1,137 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 64 min ago | 9.99 bp | 17.7 bp −$18 | 114.8 bp −$1,148 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack MON_USDC_PERP | −0.0140% | 1h | 0.02500 | −0.204% | $111K | $157K | 10x | as long as short |
| Injective MON/USDC PERP | −0.0089% | 1h | 0.02505 | 0.000% | $5K | $108 | 5.5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02504 | −0.036% | $13K | $346K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | +0.0030% | 1h | 0.02499 | −0.236% | $72K | $137K | 25x | as long as short |
| Lighter MONshort | +0.0096% | 1h | 0.02500 | −0.200% | $803K | $766K | 10x | |
| Paradex MON-USD-PERP | +0.0100% | 8h | 0.02498 | −0.282% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02501 | −0.164% | $389K | $575K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02501 | −0.168% | $33.8M | $7.8M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02497 | −0.305% | $99K | $213K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02499 | −0.256% | $12K | — | 5x | as long as short |
Backpack MON_USDC_PERP
Injective MON/USDC PERP
Phoenix MON
Deribit MON_USDC-PERPETUAL
Paradex MON-USD-PERP
Nado MON-PERP
Hyperliquid MON
Aster MONUSDT
dYdX MON-USDShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica MON | +0.0100% | 1h | 0.02499 | −0.220% | $138K | $91K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02497 | −0.318% | $23.8M | $27.7M | 75x | as long as short |
| Bybit MONUSDT | +0.0100% | 8h | 0.02496 | −0.359% | $20.8M | $13.9M | 50x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02497 | −0.319% | $4.2M | $6.2M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02520 | +0.583% | $103K | −$0 | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02498 | −0.279% | $937K | $1.0M | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02499 | −0.240% | $2.9M | $771K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02497 | −0.319% | $2.7M | $2.3M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02510 | +0.183% | $747K | $392K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02503 | −0.084% | $41K | $251K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02513 | +0.319% | $559K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDTlong | +0.0100% | 1h | 0.02505 | long leg | $68K | $545K | 50x | |
| Orderly PERP_MON_USDC | +0.0100% | 4h | 0.02498 | −0.279% | $16K | $40K | 10x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02498 | −0.279% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02499 | −0.239% | $57K | $332K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02493 | −0.467% | $38K | — | 3x | as long as short |
| 01 Exchange MONUSD | +0.0120% | 1h | 0.02502 | −0.132% | $6K | $3K | 5x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0231% / S −0.0246% | 1h | 0.02498 | −0.263% | $6K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02500 | −0.200% | $1.3M | $369K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02502 | −0.128% | $118K | $2.2M | 10x | as long as short |
| Aftermath Perps MONUSD | +0.0489% | 1h | 0.02509 | +0.143% | $5K | $103K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0744% | 1h | 0.02525 | +0.798% | $111K | $53K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0801% | 1h | 0.02500 | −0.209% | $268K | $118K | 10x | as long as short |
Pacifica MON
Binance MONUSDT
Bybit MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
Orderly PERP_MON_USDC
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
01 Exchange MONUSD
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Perpl MON
Aftermath Perps MONUSD
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD