Funding you earn now, next payment 06:00 UTC+0.5188%/8h= +568.1% APRpaid last 24h −0.299%
Price spread now: MEXC against Lighter−0.163%7-day average −0.214% · you buy dearer than you sell
Net, funding: paid 7d − costs−$415as in the Funding arb table
Net, price: spread back to 7d avg − costs−$372as in the Price arb table
costs, in and out, $10k−$3773.775% of the position
Funding, last 7 days−0.370%−$37 on $10k
+Price spread, last 4 days (all we have)+0.649%+$65 · spread now −0.163%, 7d avg −0.214%
=Together, before fees+0.279%+ Points / potential airdropLighter: Season 3 · farm board+$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$156 a day on $10k at the current rate, and MEXC is 0.051% dearer against Lighter than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.214%. Mind the row above: over the last 7 days funding on this pair cost −0.370%, 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 7 days it paid -0.370% in total (about -20.1% 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 | 0.3306 | 0.0032 | pay 0.0004% / 1h | 53m 28s | $332K | $512K | 5x |
| Short | MEXC STONK_USDT | 0.3301 | 0.5220 | get 0.2610% / 4h | 2h 53m | $660K | $1.0M | 20x |
Lighter STONK
MEXC STONK_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $1,089.48
- Price spread: −0.163% → −0.214%
- $5.06
- Slippage, 4 orders
- −$357.49
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee MEXC: 10 bp × 2 orders
- −$20
- Net
- $717.05
- Costs to cover
- 3.775%
- Break-even
- 2.4 days
Slippage from Lighter: live order book, 56 min ago; MEXC: 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, 56 min ago | 20.95 bp | 164.6 bp −$165 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 2.57 bp | 37.5 bp −$38 | 71.1 bp −$711 | 490.8 bp −$49.1K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter STONKlong | +0.0032% | 1h | 0.3306 | long leg | $332K | $512K | 5x | |
| Bitget STONKUSDT | +0.0100% | 4h | 0.3297 | −0.281% | $370K | $2.2M | 10x | as long as short |
| Bybit STONKUSDT | +0.1048% | 4h | 0.3296 | −0.309% | $1.5M | $6.5M | 5x | as long as short |
| Phoenix STONK | +0.1073% | 1h | 0.3306 | +0.006% | $202K | $129K | 3x | as long as short |
| BloFin STONK-USDT | +0.1312% | 4h | 0.3296 | −0.309% | $91K | $201K | 5x | as long as short |
| Gate STONK_USDT | +0.2340% | 4h | 0.3322 | +0.481% | $911K | $2.1M | 10x | as long as short |
| BingX STONK-USDT | +0.3934% | 4h | 0.3299 | −0.218% | — | $918K | — | as long as short |
| Aster STONKUSDT | +0.5076% | 1h | 0.3309 | +0.085% | $482K | $1.1M | 10x | as long as short |
| MEXC STONK_USDTshort | +0.5220% | 4h | 0.3301 | −0.163% | $660K | $1.0M | 20x |
Bitget STONKUSDT
Bybit STONKUSDT
Phoenix STONK
BloFin STONK-USDT
Gate STONK_USDT
BingX STONK-USDT
Aster STONKUSDT