Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.019%
Price spread now: Lighter against Gate−0.040%7-day average +0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$820.823% of the position
Funding, last 7 days+0.055%+$6 on $10k
+Price spread, last 4 days (all we have)+0.136%+$14 · spread now −0.040%, 7d avg +0.078%
=Together, before fees+0.191%+ Points / potential airdropLighter: Season 3 · farm board+$19 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 0.117% cheaper against Gate than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.078%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MON_USDT | 0.02510 | 0.0100 | pay 0.0050% / 4h | 3h 52m | $939K | $1.0M | 50x |
| Short | Lighter MON | 0.02509 | 0.0096 | get 0.0012% / 1h | 52m 18s | $806K | $765K | 10x |
Gate MON_USDT
Lighter MONFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Gate. 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: −0.040% → +0.078%
- −$11.75
- Slippage, 4 orders
- −$67.3
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$94.89
- Costs to cover
- 0.823%
- Break-even
- never at this rate
Slippage from Gate: live order book, 5 min ago; Lighter: live order book, 43 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 Gate live order book, 5 min ago | 3.97 bp | 21.4 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 43 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 | −0.0327% | 1h | 0.02510 | +0.020% | $109K | $157K | 10x | as long as short |
| Injective MON/USDC PERP | −0.0089% | 1h | 0.02505 | −0.199% | $5K | $108 | 5.5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02506 | −0.151% | $13K | $346K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02509 | −0.036% | $73K | $137K | 25x | as long as short |
| Lighter MONshort | +0.0096% | 1h | 0.02509 | −0.040% | $806K | $765K | 10x | |
| Paradex MON-USD-PERP | +0.0100% | 8h | 0.02507 | −0.114% | $8K | $42 | 5x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02512 | +0.084% | $33.9M | $7.8M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02508 | −0.063% | $99K | $213K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02509 | −0.034% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02509 | −0.028% | $139K | $91K | 3x | as long as short |
Backpack MON_USDC_PERP
Injective MON/USDC PERP
Phoenix MON
Deribit MON_USDC-PERPETUAL
Paradex MON-USD-PERP
Hyperliquid MON
Aster MONUSDT
dYdX MON-USD
Pacifica MONShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance MONUSDT | +0.0100% | 4h | 0.02508 | −0.095% | $23.9M | $27.6M | 75x | as long as short |
| Bybit MONUSDT | +0.0100% | 8h | 0.02506 | −0.159% | $20.9M | $13.9M | 50x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02509 | −0.040% | $4.2M | $6.2M | 50x | as long as short |
| Gate MON_USDTlong | +0.0100% | 4h | 0.02510 | long leg | $939K | $1.0M | 50x | |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02511 | +0.040% | $2.9M | $766K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02510 | 0.000% | $2.7M | $2.3M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02508 | −0.076% | $745K | $408K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02504 | −0.251% | $41K | $250K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02509 | −0.040% | $559K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02507 | −0.120% | $68K | $543K | 50x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02511 | +0.036% | $393K | $573K | 10x | as long as short |
| Orderly PERP_MON_USDC | +0.0100% | 4h | 0.02509 | −0.040% | $16K | $42K | 10x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02507 | −0.120% | $5K | $6K | 5x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02505 | −0.199% | $103K | −$0 | 10x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02511 | +0.051% | $60K | $328K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02508 | −0.080% | $38K | — | 3x | as long as short |
| 01 Exchange MONUSD | +0.0192% | 1h | 0.02512 | +0.088% | $6K | $3K | 5x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0231% / S −0.0246% | 1h | 0.02510 | +0.012% | $6K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02510 | 0.000% | $1.3M | $334K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02510 | +0.016% | $119K | $2.2M | 10x | as long as short |
| Aftermath Perps MONUSD | +0.0469% | 1h | 0.02509 | −0.027% | $5K | $103K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0744% | 1h | 0.02519 | +0.363% | $111K | $54K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0797% | 1h | 0.02510 | +0.014% | $270K | $118K | 10x | as long as short |
Binance MONUSDT
Bybit MONUSDT
OKX MON-USDT-SWAP
KuCoin MONUSDTM
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
Nado MON-PERP
Orderly PERP_MON_USDC
SoDEX MON-USD
Bulk 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