Settings8H · net · $10k
Funding arb · Price arb /

STONK

all STONK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.1522%/8h= +166.7% APRnext payment +$1.90 per $10,000 · paid last 24h +0.140%
Price spread now: Lighter against Aster−0.147%7-day average +0.315% · you buy dearer than you sell
Net, funding: paid 7d − costs−$425as in the Funding arb table
Net, price: spread back to 7d avg − costs−$578as in the Price arb table
costs, in and out, $10k−$5315.315% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.066%+$107 on $10k
Price spread, last 4 days (all we have)+0.236%+$24 · spread now −0.147%, 7d avg +0.315%
Together, before fees+1.302%+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm board+$130 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.462% cheaper against Aster than usual: you would sell low and buy high (spread −0.147% now, against its 7-day average of +0.315%). If the spread goes back, that is −$46 on $10k: about 24 hours of funding at the current rate (+$46 a day). At the pace of the last 7 days (+1.066% in total) that is about 2.8 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster STONKUSDT0.36160.5742pay 0.0718% / 1h28m 20s$486K$1.1M10x
ShortLighter STONK0.36110.7264get 0.0908% / 1h28m 20s$422K$603K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Aster. 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

Funding earned
$319.65
Price spread: −0.147% → +0.315%
−$46.17
Slippage, 4 orders
−$523.45
Fee Aster: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$257.97
Costs to cover
5.315%
Break-even
12.6 days
Slippage from Aster: live order book, 5 min ago; Lighter: live order book, 46 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 5 min ago15.28 bp123.7 bp −$1243302.9 bp −$33.0Kdoesn't fitdoesn't fit
Sell Lighter live order book, 46 min ago26.10 bp135.5 bp −$136doesn't fitdoesn't fitdoesn't fit

STONK on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget STONKUSDT+0.0426%4h0.3594−0.608%$318K$2.8M10xas long as short
MEXC STONK_USDT+0.0430%4h0.3596−0.553%$822K$1.1M20xas long as short
Phoenix STONK+0.1347%1h0.3589−0.738%$192K$238K3xas long as short
Gate STONK_USDT+0.2058%4h0.3606−0.282%$874K$1.7M10xas long as short
Bybit STONKUSDT+0.2286%4h0.3593−0.636%$1.5M$7.0M5xas long as short
BloFin STONK-USDT+0.3098%4h0.3586−0.830%$90K$233K5xas long as short
BingX STONK-USDT+0.3230%4h0.3593−0.636%$945Kas long as short
Aster STONKUSDTlong+0.5742%1h0.3616long leg$486K$1.1M10x
Lighter STONKshort+0.7264%1h0.3611−0.147%$422K$603K5x