Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.019%
Price spread now: Binance against Lighter−0.058%7-day average −0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$750.747% of the position
Funding, last 7 days−0.064%−$6 on $10k
+Price spread, last 4 days (all we have)−0.020%−$2 · spread now −0.058%, 7d avg −0.079%
=Together, before fees−0.084%+ Points / potential airdropLighter: Season 3 · farm board−$8 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: Binance is 0.021% dearer against Lighter than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.079%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter MON | 0.02500 | 0.0096 | pay 0.0012% / 1h | 42m 18s | $842K | $747K | 10x |
| Short | Binance MONUSDT | 0.02499 | 0.0100 | get 0.0050% / 4h | 42m 18s | $23.7M | $26.7M | 75x |
Lighter MON
Binance MONUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Lighter. 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: −0.058% → −0.079%
- $2.1
- Slippage, 4 orders
- −$64.73
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$71.78
- Costs to cover
- 0.747%
- Break-even
- 605.2 days
Slippage from Lighter: live order book, 13 min ago; Binance: live order book, 14 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 Lighter live order book, 13 min ago | 9.92 bp | 20.0 bp −$20 | 138.2 bp −$1,382 | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 1.99 bp | 16.5 bp −$16 | 65.3 bp −$653 | 273.3 bp −$27.3K | 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange MONUSD | −0.0448% | 1h | 0.02498 | −0.080% | $6K | $1K | 5x | as long as short |
| Backpack MON_USDC_PERP | −0.0284% | 1h | 0.02501 | +0.036% | $112K | $151K | 10x | as long as short |
| Injective MON/USDC PERP | −0.0176% | 1h | 0.02517 | +0.680% | $5K | $109 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0168% | 8h | 0.02499 | −0.040% | $20.5M | $13.2M | 50x | as long as short |
| Deribit MON_USDC-PERPETUAL | −0.0150% | 1h | 0.02500 | +0.020% | $74K | $135K | 25x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02505 | +0.192% | $12K | $359K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02503 | +0.108% | $107K | $2.3M | 10x | as long as short |
| Orderly PERP_MON_USDC | +0.0072% | 4h | 0.02500 | 0.000% | $16K | $41K | 10x | as long as short |
| Variational Omni MON | +0.0086% | 8h | 0.02500 | +0.001% | $740K | $407K | — | as long as short |
| Paradex MON-USD-PERP | +0.0088% | 8h | 0.02498 | −0.081% | $8K | $42 | 5x | as long as short |
01 Exchange MONUSD
Backpack MON_USDC_PERP
Injective MON/USDC PERP
Bybit MONUSDT
Deribit MON_USDC-PERPETUAL
Phoenix MON
Perpl MON
Orderly PERP_MON_USDC
Variational Omni MON
Paradex MON-USD-PERPShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter MONlong | +0.0096% | 1h | 0.02500 | long leg | $842K | $747K | 10x | |
| Nado MON-PERP | +0.0100% | 1h | 0.02502 | +0.089% | $429K | $559K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02502 | +0.064% | $33.8M | $7.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02502 | +0.081% | $100K | $222K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02502 | +0.090% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02500 | 0.000% | $138K | $93K | 3x | as long as short |
| Binance MONUSDTshort | +0.0100% | 4h | 0.02499 | −0.058% | $23.7M | $26.7M | 75x | |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02499 | −0.040% | $4.2M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02495 | −0.189% | $102K | $5K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02501 | +0.040% | $948K | $982K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02502 | +0.080% | $2.8M | $752K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02502 | +0.080% | $2.7M | $2.1M | 25x | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02498 | −0.077% | $41K | $251K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02501 | +0.021% | $559K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02501 | +0.040% | $67K | $507K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02498 | −0.080% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02502 | +0.063% | $48K | $521K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02500 | +0.004% | $38K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02500 | +0.012% | $9K | — | 50x | as long as short |
| Aftermath Perps MONUSD | +0.0265% | 1h | 0.02505 | +0.210% | $2K | $74K | 10x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02502 | +0.080% | $1.3M | $337K | 75x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0408% | 1h | 0.02514 | +0.540% | $110K | $57K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0544% | 1h | 0.02504 | +0.143% | $269K | $116K | 10x | as long as short |
Nado MON-PERP
Hyperliquid MON
Aster MONUSDT
dYdX MON-USD
Pacifica MON
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
GMX MON/USD [ETH-USDC]
Aftermath Perps MONUSD
BloFin MON-USDT
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD