Funding you earn now, next payment 03:00 UTC−0.0112%/8h= −12.3% APRnext payment −$0.14 per $10,000 · paid last 24h +0.027%
Price spread now: 01 Exchange against Lighter+0.126%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread pays, funding is against you. 01 Exchange is 0.126% dearer against Lighter than usual: you sell high and buy low (spread +0.126% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter MON | 0.02539 | 0.0096 | pay 0.0012% / 1h | 56m 23s | $846K | $738K | 10x |
| Short | 01 Exchange MONUSD | 0.02542 | −0.0016 | pay 0.0002% / 1h | 56m 23s | $6K | $1K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- −$23.52
- Price spread: +0.126% → 0.000%
- $12.6
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$17.92
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Lighter: live order book, 4 min ago; 01 Exchange: no order-book sample. Net counts fees only.
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, 4 min ago | 9.86 bp | 18.6 bp −$19 | 110.9 bp −$1,109 | doesn't fit | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: 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 on 32 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 | −0.0253% | 1h | 0.02546 | +0.276% | $6K | $105 | 5.5x | as long as short |
| Backpack MON_USDC_PERP | −0.0152% | 1h | 0.02525 | −0.532% | $117K | $149K | 10x | as long as short |
| Bybit MONUSDT | −0.0061% | 8h | 0.02535 | −0.158% | $20.8M | $12.8M | 50x | as long as short |
| 01 Exchange MONUSDshort | −0.0016% | 1h | 0.02542 | +0.126% | $6K | $1K | 5x | |
| Phoenix MON | 0.0000% | 1h | 0.02536 | −0.102% | $13K | $345K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | +0.0065% | 1h | 0.02539 | −0.016% | $68K | $125K | 25x | as long as short |
| Orderly PERP_MON_USDC | +0.0077% | 4h | 0.02538 | −0.039% | $16K | $51K | 10x | as long as short |
| Lighter MONlong | +0.0096% | 1h | 0.02539 | long leg | $846K | $738K | 10x | |
| Paradex MON-USD-PERP | +0.0098% | 8h | 0.02537 | −0.077% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02543 | +0.158% | $407K | $539K | 10x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MON | +0.0100% | 1h | 0.02544 | +0.185% | $34.5M | $7.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02540 | +0.054% | $102K | $229K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02536 | −0.121% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02534 | −0.181% | $140K | $93K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02539 | +0.018% | $24.2M | $25.9M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02536 | −0.118% | $4.2M | $5.8M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02531 | −0.329% | $105K | $4K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02538 | −0.039% | $941K | $902K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02538 | −0.039% | $2.9M | $742K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02540 | +0.039% | $2.7M | $2.0M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02533 | −0.254% | $753K | $404K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02535 | −0.155% | $43K | $249K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02534 | −0.211% | $567K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02532 | −0.276% | $68K | $498K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02537 | −0.079% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02539 | +0.015% | $48K | $517K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02537 | −0.067% | $38K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02541 | +0.059% | $9K | — | 50x | as long as short |
| Aftermath Perps MONUSD | +0.0307% | 1h | 0.02534 | −0.182% | $2K | $74K | 10x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02541 | +0.095% | $106K | $2.3M | 10x | as long as short |
| Kraken Futures PF_MONUSD | +0.0490% | 1h | 0.02540 | +0.033% | $268K | $97K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0536% | 1h | 0.02530 | −0.358% | $111K | $51K | 50x | as long as short |
Lighter MON
01 Exchange MONUSD
Injective MON/USDC PERP
Backpack MON_USDC_PERP
Bybit MONUSDT
Phoenix MON
Deribit MON_USDC-PERPETUAL
Paradex MON-USD-PERP
Hyperliquid MON
Aster MONUSDT
Pacifica MON
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
GMX MON/USD [ETH-USDC]
Aftermath Perps MONUSD
Kraken Futures PF_MONUSD
Coinbase International MON-PERP-INTX