Funding you earn now, next payment 02:00 UTC−0.3972%/8h= −434.9% APRpaid last 24h −0.508%
Price spread now: Bitget against Lighter−0.439%7-day average −0.233% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$488as in the Price arb table
costs, in and out, $10k−$4674.674% of the position
Funding, last 4 days (all we have)−0.775%−$77 on $10k
+Price spread, last 4 days (all we have)+0.802%+$80 · spread now −0.439%, 7d avg −0.233%
=Together, before fees+0.027%+ Points / potential airdropLighter: Season 3 · farm board+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$119 a day on $10k at the current rate, and Bitget is 0.206% cheaper against Lighter than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of −0.233%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.775% in total (about -75.5% 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 | Lighter STONK | 0.3737 | 0.4072 | pay 0.0509% / 1h | 6m 47s | $445K | $586K | 5x |
| Short | Bitget STONKUSDT | 0.3720 | 0.0100 | get 0.0050% / 4h | 2h 06m | $376K | $2.5M | 10x |
Lighter STONK
Bitget STONKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$834.12
- Price spread: −0.439% → −0.233%
- −$20.62
- Slippage, 4 orders
- −$455.39
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$1,322.13
- Costs to cover
- 4.674%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 58 min ago; Bitget: live order book, 6 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, 58 min ago | 25.76 bp | 194.9 bp −$195 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 6 min ago | 10.36 bp | 46.5 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
STONK on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate STONK_USDT | +0.0018% | 4h | 0.3734 | −0.059% | $921K | $1.8M | 10x | as long as short |
| Bybit STONKUSDT | +0.0100% | 4h | 0.3726 | −0.284% | $1.7M | $6.8M | 5x | as long as short |
| Bitget STONKUSDTshort | +0.0100% | 4h | 0.3720 | −0.439% | $376K | $2.5M | 10x | |
| BingX STONK-USDT | +0.0100% | 4h | 0.3716 | −0.551% | — | $923K | — | as long as short |
| Aster STONKUSDT | +0.1226% | 1h | 0.3720 | −0.444% | $509K | $1.1M | 10x | as long as short |
| Phoenix STONK | +0.1557% | 1h | 0.3708 | −0.757% | $210K | $249K | 3x | as long as short |
| MEXC STONK_USDT | +0.2774% | 4h | 0.3724 | −0.329% | $875K | $1.1M | 20x | as long as short |
| Lighter STONKlong | +0.4072% | 1h | 0.3737 | long leg | $445K | $586K | 5x |
Gate STONK_USDT
Bybit STONKUSDT
BingX STONK-USDT
Aster STONKUSDT
Phoenix STONK
MEXC STONK_USDT