Funding arb · Price arb / Crypto

STONK

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LONGTxFlow▾Aster +0.0100%Gate +0.0100%MEXC +0.0100%Bitget +0.0100%Orderly +0.0100%Bybit +0.0159%BingX +0.0230%Phoenix +0.0667%BloFin +0.0957%TxFlow +0.1588%

⇄⇅

SHORTLighter▾BloFin +0.0957%Phoenix +0.0667%BingX +0.0230%Bybit +0.0159%Aster +0.0100%Gate +0.0100%MEXC +0.0100%Bitget +0.0100%Orderly +0.0100%Lighter +0.0096%

Backtest 30d☆

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	TxFlowSTONK-USDC	0.1301	+0.1588	pay 0.0198% / 1h	51m 53s	$99K	$52K	5x	Long TxFlow5% off
SHORT	LighterSTONK	0.1306	+0.0096	get 0.0012% / 1h	51m 53s	$248K	$182K	5x	Short Lighter7d free

Price gap+0.423%

Funding gap−0.1492% /8h

The gap pays +$42 on $10k if it goes back to zero (no 7-day history yet), but funding costs $45 a day and eats that in about 23 hours.

The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.083% in total, about +0.0040%/8h on average.

Price and funding

Entry / ExitPrice spreadPricesFundingLeg ratesP&L

1m5m15m1h

1h · history

24H3D7D14D30D90D

Entry / Exit?

Price spread?

Prices?

Funding?per 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.423%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D▾

share of time at each level

Funding on every exchange

/8h

24H3D7D14D30D90D

TxFlowLighter

STONK on 11 exchanges

lowest funding first

Before you open

3 ok · 2 to watch

• !
  Watch: Thin at this size44.6 / 62.5 bp

  At $10k entering Lighter costs 62.5 bp, fee and slippage, 1.4× TxFlow’s.
• i
  Note: Margin at max leverage$2,000 + $2,000

  TxFlow 5x, Lighter 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
• ✓
  OK: Same payment interval1h / 1h

  Both legs pay at the same time.

  Long TxFlow · 1h−$47.64

  Short Lighter · 1h+$2.88

  now+6h+12h+18h+24h

  Next 24h at the current rates, on $10k a leg: −$44.76Long TxFlow: 24 payments, −$47.64; short Lighter: 24 payments, +$2.88.
• i
  Note: No 7-day spread history+0.423%

  The gap cannot be compared with its average yet.
• !
  Watch: Long leg is thinner$99K vs $248K OI

  TxFlow sets your exit cost. Check its book before closing.
• ✓
  OK: Points on a legTxFlow points · Lighter Season 3

  Volume here counts toward the points program.
• ✓
  OK: No KYC on either legTxFlow No · Lighter No

  Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

$10k$100k$1M

Hold for

1 day7 days30 days

Orders

takermaker

Price spread

to 7d avgclosesnot counted

Funding rate

range avgcurrent

Funding earned+0.0040%/8h × 21 periods+$8.30

Price spread+0.423% → 0+$42.28

Slippage, 4 orderslive order books−$197.59

Fee TxFlow bp × 2 orders−$9.00

Fee Lighter bp × 2 orders$0.00

Net · 7 days · $10k−$156.01

Costs to cover2.066%Break-even138.5 days

Slippage: TxFlow: live order book, 51 min ago; Lighter: live order book, 52 min ago

Cost to enter

taker + slippage from mid, one side

Leg½ spr$10k$100k$1M$5M

BUY · LONGTxFlow3.7644.6 bp−$45doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTLighter29.8762.5 bp−$63doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

FundingSpread

Tell me when it goes above%/8hNot more often than everymin

Create alert

FundingPrice spread

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STONK news

posts that mention STONK, from every exchangeSearch all news →

10-24 11:47	Orderly	Listing	2 more Perp Anything markets are LIVE $AI 🐶 - Artificial Inu (@artificiallyinu) $STONK 📈 - StonkFun (@LaunchOnSF) Long or short both across 500+ Orderly-powered DEXs @OrderlyNetwork on X ↗
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