Spread before costs (cost unknown: a leg has no order-book sample)+0.158%
7d average—if it closes, per $10,000$16funding while held, a day+$35.91
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter MON | 0.02571 | 0.0160 | pay 0.0020% / 1h | 21m 38s | $872K | $778K | 10x |
| Short | Aftermath Perps MONUSD | 0.02575 | 0.1357 | get 0.0170% / 1h | 21m 38s | $6K | $83K | 10x |
Lighter MONPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $15.84
- Funding while held
- $35.91
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Net
- $42.75
- Spread needed to break even
- 0.090%
Slippage unknown: Lighter: live order book, 20 min ago; Aftermath Perps: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.1197%
- Per $10,000 a day
- +$35.91
- Average in range /8h
- —
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 Lighter live order book, 20 min ago | 5.79 bp | 9.1 bp −$9 | 83.9 bp −$839 | doesn't fit | doesn't fit |
| Sell Aftermath Perps no order-book sample | — | — | — | — | — |
Aftermath Perps: 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 price on every exchange
against the cheapest. Click to use as the short leg.OKX0.02564cheapestBybit0.02565+0.031%Paradex0.02567+0.120%dYdX0.02568+0.138%Bitget0.02568+0.156%Backpack0.02568+0.156%Binance0.02568+0.169%Aster0.02569+0.195%Pacifica0.02569+0.195%Gate0.02569+0.195%SoDEX0.02569+0.195%GMX0.02570+0.226%Orderly0.02570+0.234%Aevo0.02570+0.246%Perpl0.02571+0.261%Extended0.02571+0.271%
OKX
Bybit
Paradex
dYdX
Bitget
Backpack
Binance
Aster
Pacifica
Gate
SoDEX
GMX
Orderly
Aevo
Perpl
ExtendedLighter0.02571+0.273%
01 Exchange0.02572+0.300%Deribit0.02572+0.300%Hyperliquid0.02572+0.324%Kraken Futures0.02572+0.329%ApeX Omni0.02573+0.351%Nado0.02574+0.390%BloFin0.02574+0.390%KuCoin0.02575+0.429%Variational Omni0.02575+0.431%edgeX0.02577+0.494%Phoenix0.02579+0.593%Bulk0.02580+0.624%Injective0.02581+0.663%Coinbase International0.02587+0.885%
Deribit
Hyperliquid
Kraken Futures
ApeX Omni
Nado
BloFin
KuCoin
Variational Omni
Phoenix
Bulk
Injective
Coinbase InternationalMON on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX MON-USDT-SWAP | −0.272% | +0.0100% | 4h | $4.4M | $6.3M | 50x | as long as short |
| Bybit MONUSDT | −0.241% | +0.0100% | 8h | $21.4M | $11.1M | 50x | as long as short |
| Paradex MON-USD-PERP | −0.152% | +0.0100% | 8h | $8K | — | 5x | as long as short |
| dYdX MON-USD | −0.135% | +0.0100% | 1h | $13K | — | 5x | as long as short |
| Bitget MONUSDT | −0.117% | +0.0100% | 4h | $2.6M | $1.7M | 25x | as long as short |
| Backpack MON_USDC_PERP | −0.117% | +0.0100% | 1h | $124K | $127K | 10x | as long as short |
| Binance MONUSDT | −0.104% | +0.0100% | 4h | $24.5M | $23.2M | 75x | as long as short |
| Aster MONUSDT | −0.078% | +0.0100% | 4h | $111K | $222K | 10x | as long as short |
| Pacifica MON | −0.078% | +0.0100% | 1h | $162K | $88K | 3x | as long as short |
| Gate MON_USDT | −0.078% | +0.0100% | 4h | $972K | $931K | 50x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX MON-USD | −0.078% | +0.0100% | 1h | $5K | $6K | 5x | as long as short |
| GMX MON/USD [ETH-USDC] | −0.047% | L +0.0231% / S −0.0343% | 1h | $6K | — | 50x | as long as short |
| Orderly PERP_MON_USDC | −0.039% | +0.0100% | 4h | $17K | $71K | 10x | as long as short |
| Aevo MON-PERP | −0.027% | +0.0104% | 1h | $39K | — | 3x | as long as short |
| Perpl MON | −0.012% | +0.0447% | 43m | $218K | $1.6M | 10x | as long as short |
| Extended MON-USD | −0.002% | +0.0104% | 1h | $45K | $402K | 10x | as long as short |
| Lighter MONlong | 0.000% | +0.0160% | 1h | $872K | $778K | 10x | |
| 01 Exchange MONUSD | +0.027% | +0.0384% | 1h | $6K | $1K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | +0.027% | +0.0334% | 1h | $44K | $70K | 25x | as long as short |
| Hyperliquid MON | +0.051% | +0.0317% | 1h | $34.7M | $7.7M | 5x | as long as short |
| Kraken Futures PF_MONUSD | +0.056% | +0.0990% | 1h | $255K | $70K | 10x | as long as short |
| ApeX Omni MONUSDT | +0.078% | +0.0100% | 1h | $68K | $496K | 50x | as long as short |
| Nado MON-PERP | +0.116% | +0.0100% | 1h | $299K | $510K | 10x | as long as short |
| BloFin MON-USDT | +0.117% | +0.0113% | 4h | $1.4M | $200K | 75x | as long as short |
| KuCoin MONUSDTM | +0.156% | +0.0480% | 4h | $2.6M | $706K | 75x | as long as short |
| Variational Omni MON | +0.157% | +0.0100% | 8h | $798K | $313K | — | as long as short |
| Aftermath Perps MONUSDshort | +0.158% | +0.1357% | 1h | $6K | $83K | 10x | |
| edgeX MONUSDC | +0.220% | +0.0100% | 4h | $47K | $239K | 10x | as long as short |
| Phoenix MON | +0.319% | +0.0310% | 1h | $13K | $420K | 5x | as long as short |
| Bulk MON-USD | +0.350% | +0.0100% | 1h | $106K | $25K | 10x | as long as short |
| Injective MON/USDC PERP | +0.389% | +0.0199% | 1h | $6K | $110 | 5.5x | as long as short |
| Coinbase International MON-PERP-INTX | +0.611% | +0.1176% | 1h | $115K | $47K | 50x | as long as short |