Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h −0.019%
Price spread now: Pacifica against Lighter−0.024%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1041.036% of the position
Funding, last 7 days−0.050%−$5 on $10k
+Price spread, last 4 days (all we have)−0.001%$0 · spread now −0.024%, 7d avg −0.054%
=Together, before fees−0.051%+ Points / potential airdropLighter: Season 3 · Pacifica: Active · farm board−$5 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: Pacifica is 0.030% dearer against Lighter than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.054%.
| 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 | 2m 42s | $837K | $733K | 10x |
| Short | Pacifica MON | 0.02495 | 0.0100 | get 0.0013% / 1h | 2m 42s | $138K | $92K | 3x |
Lighter MON
Pacifica MONFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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: −0.024% → −0.054%
- $2.96
- Slippage, 4 orders
- −$95.6
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$99.8
- Costs to cover
- 1.036%
- Break-even
- 838.7 days
Slippage from Lighter: live order book, 47 min ago; Pacifica: live order book, 50 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, 47 min ago | 11.89 bp | 21.4 bp −$21 | 125.2 bp −$1,252 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 50 min ago | 1.98 bp | 34.5 bp −$35 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective MON/USDC PERP | −0.0203% | 1h | 0.02515 | +0.761% | $5K | $114 | 5.5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02503 | +0.272% | $12K | $358K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02496 | +0.012% | $73K | $136K | 25x | as long as short |
| Bybit MONUSDT | +0.0009% | 8h | 0.02493 | −0.120% | $20.5M | $13.5M | 50x | as long as short |
| Backpack MON_USDC_PERP | +0.0013% | 1h | 0.02497 | +0.020% | $110K | $153K | 10x | as long as short |
| Orderly PERP_MON_USDC | +0.0078% | 4h | 0.02497 | +0.040% | $16K | $48K | 10x | as long as short |
| Lighter MONlong | +0.0096% | 1h | 0.02496 | long leg | $837K | $733K | 10x | |
| Paradex MON-USD-PERP | +0.0100% | 8h | 0.02494 | −0.090% | $7K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02497 | +0.036% | $403K | $586K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02495 | −0.024% | $33.6M | $7.5M | 5x | as long as short |
Injective MON/USDC PERP
Phoenix MON
Deribit MON_USDC-PERPETUAL
Bybit MONUSDT
Backpack MON_USDC_PERP
Orderly PERP_MON_USDC
Paradex MON-USD-PERP
Nado MON-PERP
Hyperliquid MONShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster MONUSDT | +0.0100% | 4h | 0.02496 | +0.006% | $100K | $218K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02497 | +0.052% | $12K | — | 5x | as long as short |
| Pacifica MONshort | +0.0100% | 1h | 0.02495 | −0.024% | $138K | $92K | 3x | |
| Binance MONUSDT | +0.0100% | 4h | 0.02494 | −0.093% | $23.7M | $27.0M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02494 | −0.080% | $4.2M | $6.0M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02500 | +0.160% | $103K | $1K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02495 | −0.040% | $932K | $992K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02500 | +0.160% | $2.9M | $762K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02496 | 0.000% | $2.7M | $2.2M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02500 | +0.163% | $741K | $403K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02500 | +0.145% | $41K | $251K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02502 | +0.241% | $563K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02502 | +0.240% | $68K | $522K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02495 | −0.040% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02495 | −0.058% | $51K | $280K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02496 | −0.020% | $38K | — | 3x | as long as short |
| 01 Exchange MONUSD | +0.0192% | 1h | 0.02494 | −0.092% | $6K | $1K | 5x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02496 | −0.020% | $9K | — | 50x | as long as short |
| Aftermath Perps MONUSD | +0.0285% | 1h | 0.02503 | +0.288% | $2K | $78K | 10x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02499 | +0.120% | $1.3M | $337K | 75x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0368% | 1h | 0.02530 | +1.362% | $110K | $57K | 50x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02499 | +0.100% | $113K | $2.2M | 10x | as long as short |
| Kraken Futures PF_MONUSD | +0.0730% | 1h | 0.02499 | +0.107% | $268K | $113K | 10x | as long as short |
Aster MONUSDT
dYdX MON-USD
Binance 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
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
01 Exchange MONUSD
GMX MON/USD [ETH-USDC]
Aftermath Perps MONUSD
BloFin MON-USDT
Coinbase International MON-PERP-INTX
Perpl MON
Kraken Futures PF_MONUSD