Funding you earn now, next payment 22:00 UTC+0.0036%/8h= +3.9% APRpaid last 24h +0.167%
Price spread now: Bybit against Lighter+0.266%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.254%+$25 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.266% dearer against Lighter than usual: you sell high and buy low: +$27 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter STBL | 0.02627 | 0.0096 | pay 0.0012% / 1h | 56m 15s | $79K | $2K | 3x |
| Short | Bybit STBLUSDT | 0.02634 | 0.0132 | get 0.0066% / 4h | 2h 56m | $1.5M | $685K | 20x |
Lighter STBL
Bybit STBLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $7.55
- Price spread: +0.266% → 0.000%
- $26.65
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $23.2
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Lighter: no order-book sample; Bybit: live order book, 5 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 Lighter no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 5 min ago | 1.90 bp | 83.3 bp −$83 | doesn't fit | doesn't fit | doesn't fit |
Lighter: 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.
STBL on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin STBL-USDT | +0.0041% | 4h | 0.02636 | +0.343% | $128K | $21K | 50x | as long as short |
| Lighter STBLlong | +0.0096% | 1h | 0.02627 | long leg | $79K | $2K | 3x | |
| Binance STBLUSDT | +0.0100% | 4h | 0.02636 | +0.337% | $1.9M | $2.2M | 50x | as long as short |
| MEXC STBL_USDT | +0.0100% | 4h | 0.02635 | +0.305% | $369K | $147K | 100x | as long as short |
| KuCoin STBLUSDTM | +0.0100% | 4h | 0.02624 | −0.114% | $1.1M | $227K | 20x | as long as short |
| BingX STBL-USDT | +0.0100% | 4h | 0.02636 | +0.343% | — | $6.6M | — | as long as short |
| Variational Omni STBL | +0.0100% | 4h | 0.02635 | +0.287% | $961 | $282 | — | as long as short |
| SunX STBL-USDT | +0.0100% | 4h | 0.02630 | +0.114% | $2K | $1.1M | 20x | as long as short |
| Bybit STBLUSDTshort | +0.0132% | 4h | 0.02634 | +0.266% | $1.5M | $685K | 20x | |
| Hyperliquid STBL | +0.0525% | 1h | 0.02632 | +0.190% | $1.9M | $285K | 3x | as long as short |
BloFin STBL-USDT
Binance STBLUSDT
MEXC STBL_USDT
KuCoin STBLUSDTM
BingX STBL-USDT
Variational Omni STBL
SunX STBL-USDT
Hyperliquid STBLShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster STBLUSDT | +0.1012% | 4h | 0.02631 | +0.134% | $88K | $5K | 5x | as long as short |
| Gate STBL_USDT | +0.1284% | 4h | 0.02638 | +0.419% | $1.2M | $117K | 50x | as long as short |
Aster STBLUSDT
Gate STBL_USDT