Funding you earn now, next payment 01:00 UTC+0.5634%/8h= +616.9% APRpaid last 24h −0.414%
Price spread now: Lighter against MEXC+0.580%7-day average +0.204% · you sell dearer than you buy
Net, funding: paid 7d − costs−$384as in the Funding arb table
Net, price: spread back to 7d avg − costs−$365as in the Price arb table
costs, in and out, $10k−$4034.025% of the position
Funding, last 7 days+0.186%+$19 on $10k
+Price spread, last 4 days (all we have)−0.736%−$74 · spread now +0.580%, 7d avg +0.204%
=Together, before fees−0.550%+ Points / potential airdropLighter: Season 3 · farm board−$55 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$169 a day on $10k at the current rate, and Lighter is 0.377% dearer against MEXC than usual: you sell high and buy low: +$38 more if the spread goes back to its 7-day average of +0.204%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.186% in total (about 10.4% 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 | MEXC STONK_USDT | 0.3739 | 0.2214 | pay 0.1107% / 4h | 3h 37m | $883K | $1.1M | 20x |
| Short | Lighter STONK | 0.3761 | 0.7848 | get 0.0981% / 1h | 37m 20s | $450K | $582K | 5x |
MEXC STONK_USDT
Lighter STONKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against MEXC. 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
- $1,183.14
- Price spread: +0.580% → +0.204%
- $37.66
- Slippage, 4 orders
- −$382.51
- Fee MEXC: 10 bp × 2 orders
- −$20
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $818.28
- Costs to cover
- 4.025%
- Break-even
- 2.2 days
Slippage from MEXC: live order book, 4 min ago; Lighter: live order book, 32 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 MEXC live order book, 4 min ago | 7.36 bp | 40.8 bp −$41 | 68.0 bp −$680 | 344.0 bp −$34.4K | doesn't fit |
| Sell Lighter live order book, 32 min ago | 42.73 bp | 176.3 bp −$176 | 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 | +0.0348% | 4h | 0.3747 | +0.211% | $367K | $2.8M | 10x | as long as short |
| Phoenix STONK | +0.2129% | 1h | 0.3711 | −0.760% | $205K | $244K | 3x | as long as short |
| MEXC STONK_USDTlong | +0.2214% | 4h | 0.3739 | long leg | $883K | $1.1M | 20x | |
| Bybit STONKUSDT | +0.3939% | 4h | 0.3747 | +0.206% | $1.7M | $7.1M | 5x | as long as short |
| BingX STONK-USDT | +0.4829% | 4h | 0.3746 | +0.179% | — | $939K | — | as long as short |
| BloFin STONK-USDT | +0.6860% | 4h | 0.3743 | +0.099% | $91K | $242K | 5x | as long as short |
| Lighter STONKshort | +0.7848% | 1h | 0.3761 | +0.580% | $450K | $582K | 5x | |
| Aster STONKUSDT | +0.8356% | 1h | 0.3751 | +0.313% | $504K | $1.1M | 10x | as long as short |
| Gate STONK_USDT | +1.0146% | 4h | 0.3749 | +0.254% | $943K | $1.7M | 10x | as long as short |
Bitget STONKUSDT
Phoenix STONK
Bybit STONKUSDT
BingX STONK-USDT
BloFin STONK-USDT
Aster STONKUSDT
Gate STONK_USDT