Spread before costs (cost unknown: a leg has no order-book sample)+0.118%
7d average−0.183%if it closes, per $10,000$12funding while held, a day−$2.04
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter MON | 0.02572 | 0.0168 | pay 0.0021% / 1h | 21m 55s | $872K | $778K | 10x |
| Short | Variational Omni MON | 0.02575 | 0.0100 | get 0.0100% / 8h | 7h 21m | $798K | $313K | — |
Lighter MON
Variational Omni MONPrice 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
- $11.81
- Funding while held
- −$2.04
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $9.77
- Spread needed to break even
- 0.000%
Slippage unknown: Lighter: live order book, 20 min ago; Variational Omni: RFQ quote, 23 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0068%
- Per $10,000 a day
- −$2.04
- 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, 20 min ago | 5.79 bp | 9.1 bp −$9 | 83.9 bp −$839 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 23 min ago | 9.74 bp | doesn't fit | 153.8 bp −$1,538 | doesn't fit | doesn't fit |
MON price on every exchange
against the cheapest. Click to use as the short leg.Bybit0.02566cheapestOKX0.02566cheapestBinance0.02568+0.078%Bitget0.02568+0.078%Backpack0.02568+0.078%Aster0.02569+0.117%Gate0.02569+0.117%SoDEX0.02569+0.117%GMX0.02570+0.148%Orderly0.02570+0.156%Aevo0.02570+0.168%Perpl0.02571+0.183%Paradex0.02571+0.207%Pacifica0.02571+0.214%dYdX0.02572+0.216%01 Exchange0.02572+0.222%Deribit0.02572+0.222%
Bybit
OKX
Binance
Bitget
Backpack
Aster
Gate
SoDEX
GMX
Orderly
Aevo
Perpl
Paradex
Pacifica
dYdX
DeribitLighter0.02572+0.234%
Kraken Futures0.02572+0.250%Extended0.02572+0.251%Hyperliquid0.02573+0.257%ApeX Omni0.02573+0.273%Nado0.02574+0.311%BloFin0.02574+0.312%KuCoin0.02575+0.351%
Kraken Futures
Extended
Hyperliquid
ApeX Omni
Nado
BloFin
KuCoinVariational Omni0.02575+0.352%
Aftermath Perps0.02575+0.354%edgeX0.02577+0.416%Phoenix0.02579+0.514%Bulk0.02580+0.546%Injective0.02581+0.585%Coinbase International0.02587+0.807%
Phoenix
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 | −0.233% | +0.0100% | 8h | $21.4M | $11.1M | 50x | as long as short |
| OKX MON-USDT-SWAP | −0.233% | +0.0100% | 4h | $4.4M | $6.4M | 50x | as long as short |
| Binance MONUSDT | −0.156% | +0.0100% | 4h | $24.5M | $23.2M | 75x | as long as short |
| Bitget MONUSDT | −0.156% | +0.0100% | 4h | $2.6M | $1.7M | 25x | as long as short |
| Backpack MON_USDC_PERP | −0.156% | +0.0100% | 1h | $124K | $127K | 10x | as long as short |
| Aster MONUSDT | −0.117% | +0.0100% | 4h | $111K | $222K | 10x | as long as short |
| Gate MON_USDT | −0.117% | +0.0100% | 4h | $972K | $931K | 50x | as long as short |
| SoDEX MON-USD | −0.117% | +0.0100% | 1h | $5K | $6K | 5x | as long as short |
| GMX MON/USD [ETH-USDC] | −0.086% | L +0.0231% / S −0.0343% | 1h | $6K | — | 50x | as long as short |
| Orderly PERP_MON_USDC | −0.078% | +0.0100% | 4h | $17K | $71K | 10x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo MON-PERP | −0.066% | +0.0104% | 1h | $39K | — | 3x | as long as short |
| Perpl MON | −0.051% | +0.0447% | 43m | $218K | $1.6M | 10x | as long as short |
| Paradex MON-USD-PERP | −0.027% | +0.0100% | 8h | $8K | — | 5x | as long as short |
| Pacifica MON | −0.019% | +0.0100% | 1h | $162K | $88K | 3x | as long as short |
| dYdX MON-USD | −0.017% | +0.0100% | 1h | $13K | — | 5x | as long as short |
| 01 Exchange MONUSD | −0.012% | +0.0384% | 1h | $6K | $1K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | −0.012% | +0.0334% | 1h | $44K | $70K | 25x | as long as short |
| Lighter MONlong | 0.000% | +0.0168% | 1h | $872K | $778K | 10x | |
| Kraken Futures PF_MONUSD | +0.017% | +0.0990% | 1h | $255K | $70K | 10x | as long as short |
| Extended MON-USD | +0.017% | +0.0104% | 1h | $45K | $402K | 10x | as long as short |
| Hyperliquid MON | +0.023% | +0.0317% | 1h | $34.7M | $7.7M | 5x | as long as short |
| ApeX Omni MONUSDT | +0.039% | +0.0100% | 1h | $68K | $496K | 50x | as long as short |
| Nado MON-PERP | +0.077% | +0.0100% | 1h | $299K | $510K | 10x | as long as short |
| BloFin MON-USDT | +0.078% | +0.0113% | 4h | $1.4M | $200K | 75x | as long as short |
| KuCoin MONUSDTM | +0.117% | +0.0484% | 4h | $2.6M | $706K | 75x | as long as short |
| Variational Omni MONshort | +0.118% | +0.0100% | 8h | $798K | $313K | — | |
| Aftermath Perps MONUSD | +0.119% | +0.1357% | 1h | $6K | $83K | 10x | as long as short |
| edgeX MONUSDC | +0.182% | +0.0100% | 4h | $47K | $239K | 10x | as long as short |
| Phoenix MON | +0.280% | +0.0310% | 1h | $13K | $420K | 5x | as long as short |
| Bulk MON-USD | +0.311% | +0.0100% | 1h | $106K | $25K | 10x | as long as short |
| Injective MON/USDC PERP | +0.350% | +0.0199% | 1h | $6K | $110 | 5.5x | as long as short |
| Coinbase International MON-PERP-INTX | +0.572% | +0.1176% | 1h | $115K | $47K | 50x | as long as short |