Spread before costs (cost unknown: a leg has no order-book sample)+0.079%
7d average—if it closes, per $10,000$8funding while held, a day−$0.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX MON-USD | 0.02526 | 0.0100 | pay 0.0013% / 1h | 12m 35s | $5K | $6K | 5x |
| Short | Lighter MON | 0.02528 | 0.0096 | get 0.0012% / 1h | 12m 35s | $825K | $762K | 10x |
SoDEX MON-USD
Lighter 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
- $7.92
- Funding while held
- −$0.12
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$0.2
- Spread needed to break even
- 0.080%
Slippage unknown: SoDEX: no order-book sample; Lighter: live order book, 24 min ago. 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 24 min ago | 1.96 bp | 14.7 bp −$15 | 126.8 bp −$1,268 | doesn't fit | doesn't fit |
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.01 Exchange0.02523cheapestBackpack0.02523+0.016%OKX0.02524+0.055%Bybit0.02525+0.095%Paradex0.02526+0.126%
Backpack
OKX
Bybit
ParadexSoDEX0.02526+0.135%
Aevo0.02526+0.147%Orderly0.02527+0.174%dYdX0.02527+0.175%Aster0.02527+0.193%Deribit0.02528+0.210%
Aevo
Orderly
dYdX
Aster
DeribitLighter0.02528+0.214%
Pacifica0.02528+0.214%Binance0.02528+0.214%BloFin0.02528+0.214%Kraken Futures0.02528+0.225%GMX0.02528+0.230%Gate0.02529+0.254%Bitget0.02529+0.254%Hyperliquid0.02529+0.266%Extended0.02531+0.330%KuCoin0.02531+0.333%Perpl0.02531+0.345%ApeX Omni0.02534+0.452%Bulk0.02535+0.490%edgeX0.02535+0.491%Phoenix0.02536+0.519%Nado0.02537+0.560%Variational Omni0.02538+0.599%Aftermath Perps0.02538+0.626%Injective0.02540+0.690%Coinbase International0.02550+1.098%
Pacifica
Binance
BloFin
Kraken Futures
GMX
Gate
Bitget
Hyperliquid
Extended
KuCoin
Perpl
ApeX Omni
Bulk
Phoenix
Nado
Variational Omni
Injective
Coinbase InternationalMON on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| 01 Exchange MONUSD | −0.135% | −0.0112% | 1h | $6K | $1K | 5x | as long as short |
| Backpack MON_USDC_PERP | −0.119% | −0.0086% | 1h | $122K | $127K | 10x | as long as short |
| OKX MON-USDT-SWAP | −0.079% | +0.0100% | 4h | $4.3M | $6.0M | 50x | as long as short |
| Bybit MONUSDT | −0.040% | −0.0162% | 8h | $21.0M | $11.2M | 50x | as long as short |
| Paradex MON-USD-PERP | −0.009% | +0.0100% | 8h | $8K | $42 | 5x | as long as short |
| SoDEX MON-USDlong | 0.000% | +0.0100% | 1h | $5K | $6K | 5x | |
| Aevo MON-PERP | +0.012% | +0.0104% | 1h | $38K | — | 3x | as long as short |
| Orderly PERP_MON_USDC | +0.040% | +0.0100% | 4h | $16K | $64K | 10x | as long as short |
| dYdX MON-USD | +0.040% | +0.0100% | 1h | $13K | — | 5x | as long as short |
| Aster MONUSDT | +0.058% | +0.0100% | 4h | $104K | $240K | 10x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit MON_USDC-PERPETUAL | +0.075% | 0.0000% | 1h | $47K | $74K | 25x | as long as short |
| Lighter MONshort | +0.079% | +0.0096% | 1h | $825K | $762K | 10x | |
| Pacifica MON | +0.079% | +0.0100% | 1h | $149K | $99K | 3x | as long as short |
| Binance MONUSDT | +0.079% | +0.0100% | 4h | $23.9M | $23.7M | 75x | as long as short |
| BloFin MON-USDT | +0.079% | +0.0124% | 4h | $1.4M | $196K | 75x | as long as short |
| Kraken Futures PF_MONUSD | +0.090% | +0.1090% | 1h | $252K | $73K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | +0.095% | L +0.0231% / S −0.0343% | 1h | $6K | — | 50x | as long as short |
| Gate MON_USDT | +0.119% | +0.0100% | 4h | $960K | $951K | 50x | as long as short |
| Bitget MONUSDT | +0.119% | +0.0100% | 4h | $2.6M | $1.8M | 25x | as long as short |
| Hyperliquid MON | +0.131% | +0.0100% | 1h | $34.1M | $7.5M | 5x | as long as short |
| Extended MON-USD | +0.195% | +0.0104% | 1h | $45K | $400K | 10x | as long as short |
| KuCoin MONUSDTM | +0.198% | +0.0334% | 4h | $2.6M | $715K | 75x | as long as short |
| Perpl MON | +0.210% | +0.0223% | 43m | $208K | $1.6M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.317% | +0.0100% | 1h | $68K | $493K | 50x | as long as short |
| Bulk MON-USD | +0.354% | +0.0100% | 1h | $104K | $5K | 10x | as long as short |
| edgeX MONUSDC | +0.356% | +0.0100% | 4h | $47K | $241K | 10x | as long as short |
| Phoenix MON | +0.384% | 0.0000% | 1h | $13K | $386K | 5x | as long as short |
| Nado MON-PERP | +0.425% | +0.0100% | 1h | $304K | $521K | 10x | as long as short |
| Variational Omni MON | +0.464% | +0.0100% | 8h | $787K | $310K | — | as long as short |
| Aftermath Perps MONUSD | +0.491% | +0.1043% | 1h | $2K | $73K | 10x | as long as short |
| Injective MON/USDC PERP | +0.554% | −0.0302% | 1h | $6K | $109 | 5.5x | as long as short |
| Coinbase International MON-PERP-INTX | +0.962% | +0.0928% | 1h | $113K | $51K | 50x | as long as short |