Funding you earn now, next payment 03:00 UTC−0.3915%/8h= −428.7% APRnext payment −$4.89 per $10,000 · paid last 24h −0.256%
Price spread now: Aster against Lighter−0.581%7-day average −0.314% · you buy dearer than you sell
Net, funding: paid 7d − costs−$717as in the Funding arb table
Net, price: spread back to 7d avg − costs−$624as in the Price arb table
costs, in and out, $10k−$5975.974% of the position
Funding, last 7 days−1.192%−$119 on $10k
+Price spread, last 4 days (all we have)+0.480%+$48 · spread now −0.581%, 7d avg −0.314%
=Together, before fees−0.711%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board−$71 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$117 a day on $10k at the current rate, and Aster is 0.266% cheaper against Lighter than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of −0.314%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -1.192% in total (about -65.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.89 per $10,000. 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 | Lighter STONK | 0.3738 | 0.4568 | pay 0.0571% / 1h | 15m 22s | $445K | $540K | 5x |
| Short | Aster STONKUSDT | 0.3716 | 0.0653 | get 0.0082% / 1h | 15m 22s | $511K | $1.1M | 10x |
Lighter STONK
Aster STONKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- −$822.11
- Price spread: −0.581% → −0.314%
- −$26.61
- Slippage, 4 orders
- −$589.45
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$1,446.17
- Costs to cover
- 5.974%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 44 min ago; Aster: live order book, 3 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 Lighter live order book, 44 min ago | 30.30 bp | 207.5 bp −$207 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 3 min ago | 16.13 bp | 102.2 bp −$102 | 950.7 bp −$9,507 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit STONKUSDT | +0.0100% | 4h | 0.3716 | −0.581% | $1.7M | $6.4M | 5x | as long as short |
| Bitget STONKUSDT | +0.0100% | 4h | 0.3713 | −0.666% | $374K | $2.3M | 10x | as long as short |
| BingX STONK-USDT | +0.0100% | 4h | 0.3714 | −0.634% | — | $912K | — | as long as short |
| BloFin STONK-USDT | +0.0374% | 4h | 0.3719 | −0.500% | $91K | $226K | 5x | as long as short |
| Aster STONKUSDTshort | +0.0653% | 1h | 0.3716 | −0.581% | $511K | $1.1M | 10x | |
| MEXC STONK_USDT | +0.0678% | 4h | 0.3716 | −0.578% | $868K | $1.0M | 20x | as long as short |
| Phoenix STONK | +0.0793% | 1h | 0.3724 | −0.356% | $214K | $256K | 3x | as long as short |
| Gate STONK_USDT | +0.1324% | 4h | 0.3719 | −0.500% | $954K | $1.8M | 10x | as long as short |
| Lighter STONKlong | +0.4568% | 1h | 0.3738 | long leg | $445K | $540K | 5x |
Bybit STONKUSDT
Bitget STONKUSDT
BingX STONK-USDT
BloFin STONK-USDT
MEXC STONK_USDT
Phoenix STONK
Gate STONK_USDT