Spread before costs (cost unknown: a leg has no order-book sample)−0.040%
7d average—if it closes, per $10,000$4funding while held, a day+$0.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter MON | 0.02520 | 0.0096 | pay 0.0012% / 1h | 7m 54s | $823K | $763K | 10x |
| Short | SoDEX MON-USD | 0.02519 | 0.0100 | get 0.0013% / 1h | 7m 54s | $5K | $6K | 5x |
Lighter MON
SoDEX 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
- −$3.97
- Funding while held
- $0.12
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$11.85
- Spread needed to break even
- 0.080%
Slippage unknown: Lighter: live order book, 29 min ago; SoDEX: no order-book sample. Net counts fees only.
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, 29 min ago | 1.96 bp | 2.0 bp −$2 | 119.2 bp −$1,192 | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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.Bybit0.02517cheapestOKX0.02517cheapestOrderly0.02517cheapestBackpack0.02519+0.075%Binance0.02519+0.079%Gate0.02519+0.079%Aevo0.02519+0.079%
Bybit
OKX
Orderly
Backpack
Binance
Gate
AevoSoDEX0.02519+0.079%
Lighter0.02520+0.119%
Bitget0.02520+0.119%Paradex0.02520+0.137%GMX0.02521+0.147%Aster0.02521+0.155%KuCoin0.02521+0.159%01 Exchange0.02521+0.163%Deribit0.02521+0.163%Extended0.02522+0.188%Hyperliquid0.02522+0.191%Pacifica0.02522+0.199%BloFin0.02522+0.199%Kraken Futures0.02522+0.213%Variational Omni0.02523+0.227%dYdX0.02523+0.240%Nado0.02524+0.268%edgeX0.02524+0.281%Phoenix0.02527+0.385%Perpl0.02527+0.385%ApeX Omni0.02528+0.437%Aftermath Perps0.02530+0.508%Bulk0.02535+0.713%Injective0.02540+0.914%Coinbase International0.02550+1.323%
Bitget
Paradex
GMX
Aster
KuCoin
Deribit
Extended
Hyperliquid
Pacifica
BloFin
Kraken Futures
Variational Omni
dYdX
Nado
Phoenix
Perpl
ApeX Omni
Bulk
Injective
Coinbase InternationalMON on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit MONUSDT | −0.119% | −0.0157% | 8h | $20.9M | $11.3M | 50x | as long as short |
| OKX MON-USDT-SWAP | −0.119% | +0.0100% | 4h | $4.3M | $6.0M | 50x | as long as short |
| Orderly PERP_MON_USDC | −0.119% | +0.0100% | 4h | $16K | $64K | 10x | as long as short |
| Backpack MON_USDC_PERP | −0.044% | −0.0122% | 1h | $123K | $128K | 10x | as long as short |
| Binance MONUSDT | −0.040% | +0.0100% | 4h | $23.8M | $23.8M | 75x | as long as short |
| Gate MON_USDT | −0.040% | +0.0100% | 4h | $957K | $955K | 50x | as long as short |
| Aevo MON-PERP | −0.040% | +0.0104% | 1h | $38K | — | 3x | as long as short |
| SoDEX MON-USDshort | −0.040% | +0.0100% | 1h | $5K | $6K | 5x | |
| Lighter MONlong | 0.000% | +0.0096% | 1h | $823K | $763K | 10x | |
| Bitget MONUSDT | 0.000% | +0.0100% | 4h | $2.6M | $1.8M | 25x | as long as short |