Funding you earn now, next payment 03:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h +0.018%
Price spread now: Lighter against Extended−0.040%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$910.914% of the position
Funding, last 7 days+0.049%+$5 on $10k
+Price spread, last 4 days (all we have)−0.030%−$3 · spread now −0.040%, 7d avg −0.033%
=Together, before fees+0.019%+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm board+$2 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended MON-USD | 0.02525 | 0.0104 | pay 0.0013% / 1h | 12m 01s | $48K | $518K | 10x |
| Short | Lighter MON | 0.02524 | 0.0096 | get 0.0012% / 1h | 12m 01s | $842K | $738K | 10x |
Extended MON-USD
Lighter MONFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Extended. 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
- −$1.68
- Price spread: −0.040% → −0.033%
- −$0.63
- Slippage, 4 orders
- −$86.4
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$93.71
- Costs to cover
- 0.914%
- Break-even
- never at this rate
Slippage from Extended: live order book, 51 min ago; Lighter: live order book, 48 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 Extended live order book, 51 min ago | 3.94 bp | 26.4 bp −$26 | 247.8 bp −$2,478 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 48 min ago | 9.86 bp | 19.9 bp −$20 | 120.9 bp −$1,209 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix MON | −0.0316% | 1h | 0.02528 | +0.127% | $12K | $367K | 5x | as long as short |
| Backpack MON_USDC_PERP | −0.0270% | 1h | 0.02524 | −0.036% | $111K | $152K | 10x | as long as short |
| Injective MON/USDC PERP | −0.0253% | 1h | 0.02528 | +0.119% | $5K | $112 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0154% | 8h | 0.02521 | −0.178% | $20.7M | $13.1M | 50x | as long as short |
| 01 Exchange MONUSD | −0.0080% | 1h | 0.02522 | −0.115% | $6K | $1K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02527 | +0.095% | $105K | $2.3M | 10x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02525 | −0.020% | $68K | $125K | 25x | as long as short |
| Orderly PERP_MON_USDC | +0.0084% | 4h | 0.02524 | −0.040% | $16K | $51K | 10x | as long as short |
| Lighter MONshort | +0.0096% | 1h | 0.02524 | −0.040% | $842K | $738K | 10x | |
| Paradex MON-USD-PERP | +0.0099% | 8h | 0.02525 | −0.018% | $8K | $42 | 5x | as long as short |
Phoenix MON
Backpack MON_USDC_PERP
Injective MON/USDC PERP
Bybit MONUSDT
01 Exchange MONUSD
Perpl MON
Deribit MON_USDC-PERPETUAL
Orderly PERP_MON_USDC
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 | 0.02528 | +0.121% | $412K | $544K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02524 | −0.028% | $34.2M | $7.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02529 | +0.153% | $101K | $222K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02525 | −0.009% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02526 | +0.059% | $140K | $93K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02522 | −0.119% | $24.0M | $26.6M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02520 | −0.198% | $4.2M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02520 | −0.181% | $103K | $5K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02523 | −0.079% | $950K | $965K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02524 | −0.040% | $2.9M | $743K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02525 | 0.000% | $2.7M | $2.1M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02533 | +0.317% | $752K | $405K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02530 | +0.210% | $42K | $251K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02532 | +0.278% | $567K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02530 | +0.198% | $68K | $503K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02524 | −0.040% | $5K | $6K | 5x | as long as short |
| Extended MON-USDlong | +0.0104% | 1h | 0.02525 | long leg | $48K | $518K | 10x | |
| Aevo MON-PERP | +0.0104% | 1h | 0.02524 | −0.059% | $38K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02524 | −0.024% | $9K | — | 50x | as long as short |
| Aftermath Perps MONUSD | +0.0269% | 1h | 0.02529 | +0.157% | $2K | $74K | 10x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02523 | −0.079% | $1.3M | $320K | 75x | as long as short |
| Kraken Futures PF_MONUSD | +0.0492% | 1h | 0.02527 | +0.085% | $270K | $112K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0536% | 1h | 0.02541 | +0.642% | $112K | $58K | 50x | 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
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Aevo MON-PERP
GMX MON/USD [ETH-USDC]
Aftermath Perps MONUSD
BloFin MON-USDT
Kraken Futures PF_MONUSD
Coinbase International MON-PERP-INTX