Funding you earn now, next payment 09:00 UTC+0.3933%/8h= +430.6% APRpaid last 24h −0.371%
Price spread now: BloFin against Lighter+0.107%7-day average −0.264% · 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−$462as in the Price arb table
costs, in and out, $10k−$4994.988% of the position
Funding, last 4 days (all we have)−0.392%−$39 on $10k
+Price spread, last 4 days (all we have)−0.571%−$57 · spread now +0.107%, 7d avg −0.264%
=Together, before fees−0.963%+ Points / potential airdropLighter: Season 3 · farm board−$96 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$118 a day on $10k at the current rate, and BloFin is 0.371% dearer against Lighter than usual: you sell high and buy low: +$37 more if the spread goes back to its 7-day average of −0.264%. Mind the row above: over the last 4 days funding on this pair cost −0.392%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.392% in total (about -37.3% 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 | Lighter STONK | 0.3368 | 0.5576 | pay 0.0697% / 1h | 51m 07s | $357K | $536K | 5x |
| Short | BloFin STONK-USDT | 0.3372 | 0.9509 | get 0.4754% / 4h | 3h 51m | $92K | $204K | 5x |
Lighter STONK
BloFin STONK-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $825.86
- Price spread: +0.107% → −0.264%
- $37.07
- Slippage, 4 orders
- −$486.77
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $364.17
- Costs to cover
- 4.988%
- Break-even
- 3.9 days
Slippage from Lighter: live order book, 43 min ago; BloFin: live order book, 14 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, 43 min ago | 56.55 bp | 183.1 bp −$183 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 14 min ago | 4.57 bp | 21.1 bp −$21 | 149.4 bp −$1,494 | 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 | +0.0184% | 4h | 0.3362 | −0.187% | $803K | $983K | 20x | as long as short |
| Bitget STONKUSDT | +0.0202% | 4h | 0.3360 | −0.258% | $486K | $2.0M | 10x | as long as short |
| Phoenix STONK | +0.1299% | 1h | 0.3361 | −0.214% | $212K | $137K | 3x | as long as short |
| Aster STONKUSDT | +0.2599% | 1h | 0.3359 | −0.279% | $495K | $1.2M | 10x | as long as short |
| Lighter STONKlong | +0.5576% | 1h | 0.3368 | long leg | $357K | $536K | 5x | |
| Gate STONK_USDT | +0.7492% | 4h | 0.3377 | +0.267% | $993K | $2.2M | 10x | as long as short |
| BingX STONK-USDT | +0.8940% | 4h | 0.3368 | −0.012% | — | $919K | — | as long as short |
| Bybit STONKUSDT | +0.9353% | 4h | 0.3368 | −0.012% | $1.8M | $6.0M | 5x | as long as short |
| BloFin STONK-USDTshort | +0.9509% | 4h | 0.3372 | +0.107% | $92K | $204K | 5x |
MEXC STONK_USDT
Bitget STONKUSDT
Phoenix STONK
Aster STONKUSDT
Gate STONK_USDT
BingX STONK-USDT
Bybit STONKUSDT