Funding you earn now, next payment 09:00 UTC+0.0244%/8h= +26.7% APRpaid last 24h +0.029%
Price spread now: BloFin against Lighter+0.160%7-day average −0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$740.738% of the position
Funding, last 7 days+0.135%+$13 on $10k
+Price spread, last 4 days (all we have)+0.489%+$49 · spread now +0.160%, 7d avg −0.057%
=Together, before fees+0.624%+ Points / potential airdropLighter: Season 3 · farm board+$62 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.218% dearer against Lighter than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of −0.057%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.135% in total (about 7.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter MON | 0.02496 | 0.0096 | pay 0.0012% / 1h | 30m 47s | $802K | $766K | 10x |
| Short | BloFin MON-USDT | 0.02500 | 0.0340 | get 0.0170% / 4h | 3h 30m | $1.3M | $369K | 75x |
Lighter MON
BloFin MON-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $51.24
- Price spread: +0.160% → −0.057%
- $21.76
- Slippage, 4 orders
- −$61.78
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$0.78
- Costs to cover
- 0.738%
- Break-even
- 7.1 days
Slippage from Lighter: live order book, 64 min ago; BloFin: live order book, 2 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, 64 min ago | 9.99 bp | 20.4 bp −$20 | 117.0 bp −$1,170 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 2.00 bp | 25.1 bp −$25 | 49.0 bp −$490 | 152.0 bp −$15.2K | 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 | −0.0140% | 1h | 0.02500 | +0.156% | $111K | $157K | 10x | as long as short |
| Injective MON/USDC PERP | −0.0089% | 1h | 0.02505 | +0.361% | $5K | $108 | 5.5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02504 | +0.325% | $13K | $346K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | +0.0030% | 1h | 0.02499 | +0.124% | $72K | $137K | 25x | as long as short |
| Lighter MONlong | +0.0096% | 1h | 0.02496 | long leg | $802K | $766K | 10x | |
| Paradex MON-USD-PERP | +0.0100% | 8h | 0.02498 | +0.078% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02501 | +0.196% | $389K | $575K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02499 | +0.104% | $33.7M | $7.8M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02496 | +0.013% | $99K | $213K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02499 | +0.103% | $12K | — | 5x | as long as short |
Backpack MON_USDC_PERP
Injective MON/USDC PERP
Phoenix MON
Deribit MON_USDC-PERPETUAL
Paradex MON-USD-PERP
Nado MON-PERP
Hyperliquid MON
Aster MONUSDT
dYdX MON-USDShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica MON | +0.0100% | 1h | 0.02499 | +0.140% | $138K | $91K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02496 | −0.006% | $23.8M | $27.7M | 75x | as long as short |
| Bybit MONUSDT | +0.0100% | 8h | 0.02494 | −0.080% | $20.8M | $13.9M | 50x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02497 | +0.040% | $4.2M | $6.2M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02520 | +0.945% | $103K | −$0 | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02498 | +0.080% | $937K | $1.0M | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02499 | +0.120% | $2.9M | $771K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02497 | +0.040% | $2.7M | $2.3M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02497 | +0.024% | $741K | $378K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02503 | +0.276% | $41K | $251K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02513 | +0.681% | $559K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02505 | +0.361% | $68K | $545K | 50x | as long as short |
| Orderly PERP_MON_USDC | +0.0100% | 4h | 0.02498 | +0.080% | $16K | $40K | 10x | 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 | 0.02499 | +0.121% | $57K | $332K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02493 | −0.108% | $38K | — | 3x | as long as short |
| 01 Exchange MONUSD | +0.0120% | 1h | 0.02502 | +0.228% | $6K | $3K | 5x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0231% / S −0.0246% | 1h | 0.02498 | +0.096% | $6K | — | 50x | as long as short |
| BloFin MON-USDTshort | +0.0340% | 4h | 0.02500 | +0.160% | $1.3M | $369K | 75x | |
| Perpl MON | +0.0447% | 43m | 0.02502 | +0.232% | $118K | $2.2M | 10x | as long as short |
| Aftermath Perps MONUSD | +0.0489% | 1h | 0.02509 | +0.504% | $5K | $103K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0744% | 1h | 0.02525 | +1.162% | $111K | $53K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0801% | 1h | 0.02500 | +0.150% | $268K | $118K | 10x | as long as short |
Pacifica MON
Binance MONUSDT
Bybit 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
Orderly PERP_MON_USDC
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
01 Exchange MONUSD
GMX MON/USD [ETH-USDC]
Perpl MON
Aftermath Perps MONUSD
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD