Funding you earn now, next payment 23:00 UTC+0.4054%/8h= +443.9% APRpaid last 24h −0.473%
Price spread now: Lighter against BingX+0.678%7-day average +0.116% · you sell dearer than you buy
Net, funding: paid 7d − costs−$366as in the Funding arb table
Net, price: spread back to 7d avg − costs−$414as in the Price arb table
costs, in and out, $10k−$4714.706% of the position
Funding, last 7 days+1.047%+$105 on $10k
+Price spread, last 4 days (all we have)−1.871%−$187 · spread now +0.678%, 7d avg +0.116%
=Together, before fees−0.824%+ Points / potential airdropLighter: Season 3 · farm board−$82 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$122 a day on $10k at the current rate, and Lighter is 0.563% dearer against BingX than usual: you sell high and buy low: +$56 more if the spread goes back to its 7-day average of +0.116%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 1.047% in total (about 59.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX STONK-USDT | 0.3657 | 0.1162 | pay 0.0581% / 4h | 1h 22m | — | $949K | — |
| Short | Lighter STONK | 0.3682 | 0.5216 | get 0.0652% / 1h | 22m 00s | $429K | $629K | 5x |
BingX STONK-USDT
Lighter STONKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BingX. 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
- $851.34
- Price spread: +0.678% → +0.116%
- $56.26
- Slippage, 4 orders
- −$460.57
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $437.03
- Costs to cover
- 4.706%
- Break-even
- 3.4 days
Slippage from BingX: live order book, 22 min ago; Lighter: live order book, 58 min ago.
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 BingX live order book, 22 min ago | 10.72 bp | 42.7 bp −$43 | 159.6 bp −$1,596 | 1428.9 bp −$142.9K | doesn't fit |
| Sell Lighter live order book, 58 min ago | 53.25 bp | 220.6 bp −$221 | doesn't fit | doesn't fit | doesn't fit |
STONK on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC STONK_USDT | −0.0474% | 4h | 0.3664 | +0.178% | $845K | $1.1M | 20x | as long as short |
| Bitget STONKUSDT | +0.0100% | 4h | 0.3666 | +0.252% | $326K | $2.8M | 10x | as long as short |
| BingX STONK-USDTlong | +0.1162% | 4h | 0.3657 | long leg | — | $949K | — | |
| Bybit STONKUSDT | +0.1273% | 4h | 0.3660 | +0.082% | $1.5M | $7.0M | 5x | as long as short |
| Phoenix STONK | +0.1531% | 1h | 0.3691 | +0.919% | $193K | $231K | 3x | as long as short |
| BloFin STONK-USDT | +0.1588% | 4h | 0.3686 | +0.793% | $90K | $238K | 5x | as long as short |
| Gate STONK_USDT | +0.1768% | 4h | 0.3667 | +0.276% | $864K | $1.7M | 10x | as long as short |
| Aster STONKUSDT | +0.2697% | 1h | 0.3669 | +0.328% | $483K | $1.1M | 10x | as long as short |
| Lighter STONKshort | +0.5216% | 1h | 0.3682 | +0.678% | $429K | $629K | 5x |
MEXC STONK_USDT
Bitget STONKUSDT
Bybit STONKUSDT
Phoenix STONK
BloFin STONK-USDT
Gate STONK_USDT
Aster STONKUSDT