Funding you earn now, next payment 00:00 UTC+0.6838%/8h= +748.8% APRpaid last 24h +0.316%
Price spread now: Lighter against Bitget+0.426%7-day average +0.225% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$378as in the Price arb table
costs, in and out, $10k−$3983.980% of the position
Funding, last 4 days (all we have)+0.605%+$60 on $10k
+Price spread, last 4 days (all we have)−1.145%−$114 · spread now +0.426%, 7d avg +0.225%
=Together, before fees−0.540%+ Points / potential airdropLighter: Season 3 · farm board−$54 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$205 a day on $10k at the current rate, and Lighter is 0.200% dearer against Bitget than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of +0.225%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.605% in total (about 60.5% 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 | Bitget STONKUSDT | 0.3595 | 0.0426 | pay 0.0213% / 4h | 27m 50s | $318K | $2.8M | 10x |
| Short | Lighter STONK | 0.3611 | 0.7264 | get 0.0908% / 1h | 27m 50s | $422K | $603K | 5x |
Bitget STONKUSDT
Lighter STONKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bitget. 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
- $1,435.98
- Price spread: +0.426% → +0.225%
- $20.02
- Slippage, 4 orders
- −$386.02
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $1,057.99
- Costs to cover
- 3.980%
- Break-even
- 1.8 days
Slippage from Bitget: live order book, 5 min ago; Lighter: live order book, 47 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 Bitget live order book, 5 min ago | 8.49 bp | 31.6 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 47 min ago | 26.10 bp | 135.5 bp −$136 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget STONKUSDTlong | +0.0426% | 4h | 0.3595 | long leg | $318K | $2.8M | 10x | |
| MEXC STONK_USDT | +0.0430% | 4h | 0.3595 | −0.011% | $822K | $1.1M | 20x | as long as short |
| Phoenix STONK | +0.1347% | 1h | 0.3589 | −0.170% | $192K | $238K | 3x | as long as short |
| Gate STONK_USDT | +0.2058% | 4h | 0.3584 | −0.320% | $869K | $1.7M | 10x | as long as short |
| Bybit STONKUSDT | +0.2286% | 4h | 0.3590 | −0.150% | $1.5M | $7.0M | 5x | as long as short |
| BloFin STONK-USDT | +0.3098% | 4h | 0.3586 | −0.261% | $90K | $233K | 5x | as long as short |
| BingX STONK-USDT | +0.3230% | 4h | 0.3587 | −0.234% | — | $945K | — | as long as short |
| Aster STONKUSDT | +0.5742% | 1h | 0.3612 | +0.462% | $485K | $1.1M | 10x | as long as short |
| Lighter STONKshort | +0.7264% | 1h | 0.3611 | +0.426% | $422K | $603K | 5x |
MEXC STONK_USDT
Phoenix STONK
Gate STONK_USDT
Bybit STONKUSDT
BloFin STONK-USDT
BingX STONK-USDT
Aster STONKUSDT