Funding you earn now, next payment 03:00 UTC+0.4236%/8h= +463.8% APRpaid last 24h +0.534%
Price spread now: Lighter against Bybit+0.511%7-day average +0.286% · 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−$448as in the Price arb table
costs, in and out, $10k−$4714.707% of the position
Funding, last 4 days (all we have)+0.414%+$41 on $10k
+Price spread, last 4 days (all we have)−0.374%−$37 · spread now +0.511%, 7d avg +0.286%
=Together, before fees+0.040%+ Points / potential airdropLighter: Season 3 · farm board+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$127 a day on $10k at the current rate, and Lighter is 0.225% dearer against Bybit than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.286%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.414% in total (about 38.3% 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 | Bybit STONKUSDT | 0.3717 | 0.0100 | pay 0.0050% / 4h | 1h 13m | $1.7M | $6.4M | 5x |
| Short | Lighter STONK | 0.3736 | 0.4336 | get 0.0542% / 1h | 13m 12s | $445K | $540K | 5x |
Bybit STONKUSDT
Lighter STONKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bybit. 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
- $889.56
- Price spread: +0.511% → +0.286%
- $22.47
- Slippage, 4 orders
- −$459.68
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $441.35
- Costs to cover
- 4.707%
- Break-even
- 3.5 days
Slippage from Bybit: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 5 min ago | 6.74 bp | 32.5 bp −$32 | 218.3 bp −$2,183 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 46 min ago | 30.30 bp | 177.1 bp −$177 | 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 | −0.0376% | 4h | 0.3713 | −0.108% | $868K | $1.0M | 20x | as long as short |
| Bybit STONKUSDTlong | +0.0100% | 4h | 0.3717 | long leg | $1.7M | $6.4M | 5x | |
| Bitget STONKUSDT | +0.0100% | 4h | 0.3711 | −0.167% | $374K | $2.3M | 10x | as long as short |
| BingX STONK-USDT | +0.0100% | 4h | 0.3715 | −0.054% | — | $909K | — | as long as short |
| BloFin STONK-USDT | +0.0378% | 4h | 0.3714 | −0.081% | $91K | $225K | 5x | as long as short |
| Aster STONKUSDT | +0.0572% | 1h | 0.3715 | −0.054% | $511K | $1.1M | 10x | as long as short |
| Phoenix STONK | +0.0793% | 1h | 0.3724 | +0.175% | $214K | $256K | 3x | as long as short |
| Gate STONK_USDT | +0.1424% | 4h | 0.3725 | +0.207% | $955K | $1.8M | 10x | as long as short |
| Lighter STONKshort | +0.4336% | 1h | 0.3736 | +0.511% | $445K | $540K | 5x |
MEXC STONK_USDT
Bitget STONKUSDT
BingX STONK-USDT
BloFin STONK-USDT
Aster STONKUSDT
Phoenix STONK
Gate STONK_USDT