MON

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0240%/8h= −26.3% APRnext payment −$0.30 per $10,000 · paid last 24h −0.014%

Price spread now: Lighter against 01 Exchange+0.155%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on 01 Exchange Short on Lighter

What this pair did over the last

the charts below follow

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. Lighter is 0.155% dearer against 01 Exchange than usual: you sell high and buy low (spread +0.155% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange MONUSD	0.02511	0.0336	pay 0.0042% / 1h	57m 35s	$7K	$2K	5x
Short	Lighter MON	0.02515	0.0096	get 0.0012% / 1h	57m 35s	$815K	$777K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against 01 Exchange. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee 01 ExchangebpFee LighterbpOrdersPrice spread, now +0.155%Rate

Funding earned: −$50.4
Price spread: +0.155% → 0.000%: $15.53
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Lighter: 0 bp × 2 orders: $0
Net: −$41.87
Costs to cover: 0.070%
Break-even: from the start

Slippage unknown: 01 Exchange: no order-book sample; Lighter: live order book, 47 min ago. 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 01 Exchange no order-book sample	—	—	—	—	—
Sell Lighter live order book, 47 min ago	8.01 bp	20.9 bp −$21	132.3 bp −$1,323	doesn't fit	doesn't fit

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 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
Phoenix MON	0.0000%	1h	0.02517	+0.239%	$12K	$336K	5x	as long as short
Bybit MONUSDT	+0.0028%	8h	0.02509	−0.084%	$20.6M	$13.7M	50x	as long as short
Aftermath Perps MONUSD	+0.0049%	1h	0.02519	+0.297%	$6K	$98K	10x	as long as short
Orderly PERP_MON_USDC	+0.0084%	4h	0.02516	+0.195%	$16K	$48K	10x	as long as short
Lighter MONshort	+0.0096%	1h	0.02515	+0.155%	$815K	$777K	10x
Paradex MON-USD-PERP	+0.0099%	8h	0.02513	+0.092%	$8K	$42	5x	as long as short
Aster MONUSDT	+0.0100%	4h	0.02512	+0.041%	$99K	$221K	10x	as long as short
dYdX MON-USD	+0.0100%	1h	0.02515	+0.153%	$13K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02516	+0.187%	$139K	$93K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02510	−0.044%	$23.9M	$27.6M	75x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX MON-USDT-SWAP	+0.0100%	4h	0.02510	−0.044%	$4.2M	$6.2M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02520	+0.349%	$103K	$1K	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02512	+0.036%	$940K	$1.0M	50x	as long as short
KuCoin MONUSDTM	+0.0100%	4h	0.02517	+0.235%	$2.9M	$767K	75x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02513	+0.076%	$2.7M	$2.3M	25x	as long as short
Backpack MON_USDC_PERP	+0.0100%	1h	0.02516	+0.187%	$114K	$154K	10x	as long as short
Variational Omni MON	+0.0100%	8h	0.02514	+0.097%	$746K	$413K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02513	+0.073%	$41K	$249K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02519	+0.302%	$559K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02517	+0.235%	$68K	$532K	50x	as long as short
Nado MON-PERP	+0.0100%	1h	0.02516	+0.188%	$402K	$578K	10x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02515	+0.155%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02515	+0.159%	$53K	$262K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02515	+0.151%	$38K	—	3x	as long as short
Injective MON/USDC PERP	+0.0109%	1h	0.02506	−0.203%	$5K	$108	5.5x	as long as short
GMX MON/USD [ETH-USDC]	L +0.0231% / S −0.0246%	1h	0.02515	+0.171%	$6K	—	50x	as long as short
01 Exchange MONUSDlong	+0.0336%	1h	0.02511	long leg	$7K	$2K	5x
BloFin MON-USDT	+0.0340%	4h	0.02522	+0.434%	$1.3M	$349K	75x	as long as short
Deribit MON_USDC-PERPETUAL	+0.0346%	1h	0.02517	+0.231%	$74K	$135K	25x	as long as short
Hyperliquid MON	+0.0427%	1h	0.02519	+0.307%	$34.0M	$7.8M	5x	as long as short
Perpl MON	+0.0447%	43m	0.02518	+0.283%	$115K	$2.2M	10x	as long as short
Coinbase International MON-PERP-INTX	+0.0576%	1h	0.02542	+1.250%	$112K	$55K	50x	as long as short
Kraken Futures PF_MONUSD	+0.0840%	1h	0.02517	+0.219%	$270K	$118K	10x	as long as short