Funding you earn now, next payment 01:00 UTC−0.4848%/8h= −530.9% APRpaid last 24h −0.176%
Price spread now: Gate against Lighter−0.096%7-day average −0.226% · you buy dearer than you sell
Net, funding: paid 7d − costs−$795as in the Funding arb table
Net, price: spread back to 7d avg − costs−$534as in the Price arb table
costs, in and out, $10k−$5475.473% of the position
Funding, last 7 days−2.473%−$247 on $10k
+Price spread, last 4 days (all we have)+0.514%+$51 · spread now −0.096%, 7d avg −0.226%
=Together, before fees−1.959%+ Points / potential airdropLighter: Season 3 · farm board−$196 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.129% dearer against Lighter than usual: you sell high and buy low (spread −0.096% now, against its 7-day average of −0.226%): +$13 on $10k if it goes back. Holding the pair costs −$145 a day in funding at the current rate, which eats that in about 2 hours. At the pace of the last 7 days (−2.473% in total) that is about 8 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -2.473% in total (about -138.2% 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 | 0.3741 | 0.8280 | pay 0.1035% / 1h | 15m 41s | $451K | $586K | 5x |
| Short | Gate STONK_USDT | 0.3737 | 0.3432 | get 0.1716% / 4h | 3h 15m | $940K | $1.8M | 10x |
Lighter STONK
Gate STONK_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$1,018.08
- Price spread: −0.096% → −0.226%
- $12.95
- Slippage, 4 orders
- −$532.27
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,552.4
- Costs to cover
- 5.473%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 54 min ago; Gate: live order book, 2 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, 54 min ago | 42.73 bp | 144.7 bp −$145 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 16.19 bp | 123.3 bp −$123 | 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 STONKUSDT | +0.0276% | 4h | 0.3727 | −0.372% | $381K | $2.8M | 10x | as long as short |
| MEXC STONK_USDT | +0.0282% | 4h | 0.3723 | −0.484% | $876K | $1.1M | 20x | as long as short |
| Phoenix STONK | +0.2129% | 1h | 0.3704 | −0.981% | $206K | $244K | 3x | as long as short |
| BingX STONK-USDT | +0.2410% | 4h | 0.3729 | −0.321% | — | $939K | — | as long as short |
| Bybit STONKUSDT | +0.2897% | 4h | 0.3729 | −0.321% | $1.7M | $7.0M | 5x | as long as short |
| Gate STONK_USDTshort | +0.3432% | 4h | 0.3737 | −0.096% | $940K | $1.8M | 10x | |
| BloFin STONK-USDT | +0.3812% | 4h | 0.3714 | −0.722% | $91K | $241K | 5x | as long as short |
| Aster STONKUSDT | +0.7612% | 1h | 0.3742 | +0.027% | $518K | $1.1M | 10x | as long as short |
| Lighter STONKlong | +0.8280% | 1h | 0.3741 | long leg | $451K | $586K | 5x |
Bitget STONKUSDT
MEXC STONK_USDT
Phoenix STONK
BingX STONK-USDT
Bybit STONKUSDT
BloFin STONK-USDT
Aster STONKUSDT