Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.019%
Price spread now: Lighter against Bitget0.000%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$840.837% of the position
Funding, last 7 days+0.069%+$7 on $10k
+Price spread, last 4 days (all we have)+0.103%+$10 · spread now 0.000%, 7d avg +0.042%
=Together, before fees+0.171%+ Points / potential airdropLighter: Season 3 · farm board+$17 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 0.042% cheaper against Bitget than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MONUSDT | 0.02506 | 0.0100 | pay 0.0050% / 4h | 2h 16m | $2.7M | $2.3M | 25x |
| Short | Lighter MON | 0.02506 | 0.0096 | get 0.0012% / 1h | 16m 05s | $816K | $767K | 10x |
Bitget MONUSDT
Lighter MONFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bitget. 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: 0.000% → +0.042%
- −$4.19
- Slippage, 4 orders
- −$71.66
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$88.69
- Costs to cover
- 0.837%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; Lighter: live order book, 29 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 Bitget live order book, 1 min ago | 7.98 bp | 18.1 bp −$18 | 46.2 bp −$462 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 29 min ago | 8.01 bp | 20.9 bp −$21 | 132.3 bp −$1,323 | 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 | −0.0104% | 1h | 0.02507 | +0.044% | $114K | $154K | 10x | as long as short |
| Bybit MONUSDT | −0.0011% | 8h | 0.02503 | −0.120% | $20.6M | $13.7M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02499 | −0.263% | $12K | $355K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02506 | +0.016% | $74K | $135K | 25x | as long as short |
| 01 Exchange MONUSD | +0.0016% | 1h | 0.02507 | +0.020% | $6K | $1K | 5x | as long as short |
| Injective MON/USDC PERP | +0.0039% | 1h | 0.02489 | −0.678% | $5K | $113 | 5.5x | as long as short |
| Orderly PERP_MON_USDC | +0.0083% | 4h | 0.02506 | 0.000% | $16K | $48K | 10x | as long as short |
| Aftermath Perps MONUSD | +0.0090% | 1h | 0.02493 | −0.534% | $6K | $92K | 10x | as long as short |
| Lighter MONshort | +0.0096% | 1h | 0.02506 | 0.000% | $816K | $767K | 10x | |
| Paradex MON-USD-PERP | +0.0099% | 8h | 0.02503 | −0.114% | $8K | $42 | 5x | as long as short |
Backpack MON_USDC_PERP
Bybit MONUSDT
Phoenix MON
Deribit MON_USDC-PERPETUAL
01 Exchange MONUSD
Injective MON/USDC PERP
Orderly PERP_MON_USDC
Aftermath Perps MONUSD
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 | 0.02509 | +0.112% | $411K | $571K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02508 | +0.072% | $33.6M | $7.6M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02507 | +0.028% | $99K | $221K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02503 | −0.122% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02504 | −0.080% | $138K | $92K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02505 | −0.037% | $23.8M | $27.5M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02503 | −0.120% | $4.2M | $6.1M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02479 | −1.058% | $102K | $1K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02505 | −0.040% | $940K | $1.0M | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02510 | +0.160% | $2.9M | $764K | 75x | as long as short |
| Bitget MONUSDTlong | +0.0100% | 4h | 0.02506 | long leg | $2.7M | $2.3M | 25x | |
| Variational Omni MON | +0.0100% | 8h | 0.02488 | −0.736% | $733K | $408K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02489 | −0.695% | $41K | $251K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02502 | −0.160% | $556K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02501 | −0.200% | $68K | $530K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02505 | −0.040% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02508 | +0.085% | $47K | $283K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02506 | −0.020% | $38K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0231% / S −0.0246% | 1h | 0.02506 | +0.004% | $6K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02506 | 0.000% | $1.3M | $347K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02507 | +0.052% | $114K | $2.2M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0456% | 1h | 0.02511 | +0.211% | $110K | $56K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.1015% | 1h | 0.02508 | +0.071% | $269K | $119K | 10x | 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
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Perpl MON
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD