After costs, if the gap returns to its 7d average, $10k−$53
spread now+0.158%7d average−0.100%fees + slippage, in and out−$79spread needed0.791%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter MON | 0.02536 | 0.0096 | pay 0.0012% / 1h | 55m 28s | $826K | $743K | 10x |
| Short | Bulk MON-USD | 0.02540 | 0.0100 | get 0.0013% / 1h | 55m 28s | $104K | $5K | 10x |
Lighter MON
Bulk MON-USDPrice 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
- $15.77
- Funding while held
- $0.12
- Slippage, 4 orders
- −$72.14
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$63.25
- Spread needed to break even
- 0.791%
Slippage from Lighter: live order book, 36 min ago; Bulk: live order book, 50 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0004%
- Per $10,000 a day
- +$0.12
- 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, 36 min ago | 5.89 bp | 17.1 bp −$17 | 124.1 bp −$1,241 | doesn't fit | doesn't fit |
| Sell Bulk live order book, 50 min ago | 19.65 bp | 23.1 bp −$23 | 39.6 bp −$396 | 110.6 bp −$11.1K | 554.1 bp −$277.1K |
MON price on every exchange
against the cheapest. Click to use as the short leg.Bybit0.02530cheapestOKX0.02532+0.079%Binance0.02532+0.081%GMX0.02533+0.130%01 Exchange0.02534+0.150%Paradex0.02534+0.152%Bitget0.02534+0.158%Orderly0.02534+0.158%Hyperliquid0.02534+0.174%Aster0.02535+0.190%Pacifica0.02535+0.198%Gate0.02535+0.198%SoDEX0.02535+0.198%BloFin0.02535+0.198%Variational Omni0.02536+0.219%Aevo0.02536+0.221%Phoenix0.02536+0.229%
Bybit
OKX
Binance
GMX
Paradex
Bitget
Orderly
Hyperliquid
Aster
Pacifica
Gate
SoDEX
BloFin
Variational Omni
Aevo
PhoenixLighter0.02536+0.237%
Deribit0.02536+0.257%Backpack0.02537+0.269%ApeX Omni0.02537+0.277%Extended0.02537+0.291%Injective0.02538+0.316%dYdX0.02539+0.339%Kraken Futures0.02539+0.340%Aftermath Perps0.02539+0.373%Perpl0.02540+0.383%edgeX0.02540+0.395%
Deribit
Backpack
ApeX Omni
Extended
Injective
dYdX
Kraken Futures
PerplBulk0.02540+0.395%
Nado0.02540+0.397%KuCoin0.02544+0.553%Coinbase International0.02546+0.617%
Nado
KuCoin
Coinbase InternationalMON on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit MONUSDT | −0.237% | −0.0040% | 8h | $21.0M | $11.2M | 50x | as long as short |
| OKX MON-USDT-SWAP | −0.158% | +0.0100% | 4h | $4.3M | $5.8M | 50x | as long as short |
| Binance MONUSDT | −0.156% | +0.0100% | 4h | $23.9M | $23.7M | 75x | as long as short |
| GMX MON/USD [ETH-USDC] | −0.106% | L +0.0231% / S −0.0343% | 1h | $6K | — | 50x | as long as short |
| 01 Exchange MONUSD | −0.087% | +0.0120% | 1h | $6K | $1K | 5x | as long as short |
| Paradex MON-USD-PERP | −0.085% | +0.0100% | 8h | $8K | $42 | 5x | as long as short |
| Bitget MONUSDT | −0.079% | +0.0100% | 4h | $2.6M | $1.7M | 25x | as long as short |
| Orderly PERP_MON_USDC | −0.079% | +0.0100% | 4h | $17K | $64K | 10x | as long as short |
| Hyperliquid MON | −0.063% | +0.0100% | 1h | $34.2M | $7.4M | 5x | as long as short |
| Aster MONUSDT | −0.047% | +0.0100% | 4h | $105K | $240K | 10x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica MON | −0.039% | +0.0100% | 1h | $144K | $104K | 3x | as long as short |
| Gate MON_USDT | −0.039% | +0.0100% | 4h | $960K | $931K | 50x | as long as short |
| SoDEX MON-USD | −0.039% | +0.0100% | 1h | $5K | $6K | 5x | as long as short |
| BloFin MON-USDT | −0.039% | +0.0101% | 4h | $1.3M | $217K | 75x | as long as short |
| Variational Omni MON | −0.018% | +0.0100% | 8h | $756K | $366K | — | as long as short |
| Aevo MON-PERP | −0.016% | +0.0104% | 1h | $38K | — | 3x | as long as short |
| Phoenix MON | −0.008% | 0.0000% | 1h | $13K | $374K | 5x | as long as short |
| Lighter MONlong | 0.000% | +0.0096% | 1h | $826K | $743K | 10x | |
| Deribit MON_USDC-PERPETUAL | +0.020% | 0.0000% | 1h | $47K | $74K | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.032% | +0.0075% | 1h | $133K | $135K | 10x | as long as short |
| ApeX Omni MONUSDT | +0.039% | +0.0100% | 1h | $68K | $491K | 50x | as long as short |
| Extended MON-USD | +0.054% | +0.0104% | 1h | $45K | $400K | 10x | as long as short |
| Injective MON/USDC PERP | +0.079% | −0.0242% | 1h | $6K | $108 | 5.5x | as long as short |
| dYdX MON-USD | +0.102% | +0.0100% | 1h | $13K | — | 5x | as long as short |
| Kraken Futures PF_MONUSD | +0.103% | +0.0420% | 1h | $253K | $61K | 10x | as long as short |
| Aftermath Perps MONUSD | +0.135% | +0.0495% | 1h | $2K | $72K | 10x | as long as short |
| Perpl MON | +0.146% | 0.0000% | 43m | $208K | $1.7M | 10x | as long as short |
| edgeX MONUSDC | +0.157% | +0.0100% | 4h | $47K | $240K | 10x | as long as short |
| Bulk MON-USDshort | +0.158% | +0.0100% | 1h | $104K | $5K | 10x | |
| Nado MON-PERP | +0.159% | +0.0100% | 1h | $315K | $529K | 10x | as long as short |
| KuCoin MONUSDTM | +0.315% | +0.0230% | 4h | $2.6M | $682K | 75x | as long as short |
| Coinbase International MON-PERP-INTX | +0.379% | +0.0624% | 1h | $113K | $51K | 50x | as long as short |