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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.01 per $10,000 · paid last 24h +0.016%
Price spread now: Lighter against dYdX+0.050%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 6 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: Lighter is 0.050% dearer against dYdX than usual: you sell high and buy low, +$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX MON-USD0.025230.0100pay 0.0013% / 1h53m 37s$13K5x
ShortLighter MON0.025240.0096get 0.0012% / 1h53m 37s$828K$737K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against dYdX. 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: +0.050% → 0.000%
$4.98
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$5.86
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: dYdX: 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 dYdX no order-book sample
Sell Lighter live order book, 54 min ago15.69 bp27.9 bp −$28165.6 bp −$1,656doesn't fitdoesn't fit
dYdX: 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 exchanges

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−0.0246%1h0.02541+0.724%$6K$1015.5xas long as short
Deribit MON_USDC-PERPETUAL−0.0146%1h0.02522−0.041%$74K$112K25xas long as short
Backpack MON_USDC_PERP−0.0074%1h0.02522−0.022%$111K$149K10xas long as short
01 Exchange MONUSD−0.0064%1h0.02521−0.081%$6K$2K5xas long as short
Phoenix MON0.0000%1h0.02526+0.129%$13K$281K5xas long as short
Bybit MONUSDT+0.0079%8h0.02519−0.133%$21.1M$13.4M50xas long as short
Lighter MONshort+0.0096%1h0.02524+0.050%$828K$737K10x
Paradex MON-USD-PERP+0.0099%8h0.02520−0.107%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02525+0.082%$393K$571K10xas long as short
Hyperliquid MON+0.0100%1h0.02523+0.026%$33.8M$6.5M5xas long as short
Show all 33 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MONUSDT+0.0100%4h0.02523+0.011%$100K$205K10xas long as short
dYdX MON-USDlong+0.0100%1h0.02523long leg$13K5x
Pacifica MON+0.0100%1h0.02522−0.029%$139K$87K3xas long as short
Binance MONUSDT+0.0100%4h0.02521−0.068%$24.3M$26.7M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02520−0.109%$4.2M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02520−0.097%$103K−$010xas long as short
Gate MON_USDT+0.0100%4h0.02524+0.050%$1.1M$1.2M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02524+0.050%$2.9M$755K75xas long as short
Bitget MONUSDT+0.0100%4h0.02524+0.050%$2.8M$2.3M25xas long as short
Variational Omni MON+0.0100%8h0.02520−0.114%$753K$378Kas long as short
edgeX MONUSDC+0.0100%4h0.02522−0.037%$42K$249K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02525+0.106%$571K$1.4M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02523+0.010%$68K$547K50xas long as short
Orderly PERP_MON_USDC+0.0100%4h0.02523+0.010%$16K$36K10xas long as short
SoDEX MON-USD+0.0100%1h0.02521−0.069%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02524+0.049%$59K$323K10xas long as short
Aevo MON-PERP+0.0104%1h0.02521−0.069%$38K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0231% / S −0.0246%1h0.02522−0.029%$6K50xas long as short
BloFin MON-USDT+0.0340%4h0.02525+0.089%$1.4M$389K75xas long as short
Perpl MON+0.0447%43m0.02525+0.078%$117K$2.1M10xas long as short
Kraken Futures PF_MONUSD+0.0696%1h0.02524+0.067%$272K$124K10xas long as short
Aftermath Perps MONUSD+0.0721%1h0.02526+0.146%$5K$96K10xas long as short
Coinbase International MON-PERP-INTX+0.0808%1h0.02539+0.633%$112K$50K50xas long as short