Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h −0.071%
Price spread now: Lighter against Hyperliquid−0.187%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.086%−$9 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · Lighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.187% cheaper against Hyperliquid than usual: you would sell low and buy high, −$19 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid STBL | 0.02668 | 0.0100 | pay 0.0013% / 1h | 9m 07s | $2.0M | $283K | 3x |
| Short | Lighter STBL | 0.02663 | 0.0096 | get 0.0012% / 1h | 9m 07s | $80K | $2K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Hyperliquid. 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
- −$0.84
- Price spread: −0.187% → 0.000%
- −$18.74
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$28.58
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 2 min ago; Lighter: no order-book sample. Net counts fees only.
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 Hyperliquid live order book, 2 min ago | 2.43 bp | 24.8 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter no order-book sample | — | — | — | — | — |
Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
STBL on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin STBL-USDT | +0.0071% | 4h | 0.02677 | +0.337% | $128K | $22K | 50x | as long as short |
| Lighter STBLshort | +0.0096% | 1h | 0.02663 | −0.187% | $80K | $2K | 3x | |
| Hyperliquid STBLlong | +0.0100% | 1h | 0.02668 | long leg | $2.0M | $283K | 3x | |
| Aster STBLUSDT | +0.0100% | 4h | 0.02669 | +0.022% | $89K | $6K | 5x | as long as short |
| Binance STBLUSDT | +0.0100% | 4h | 0.02674 | +0.208% | $1.9M | $2.2M | 50x | as long as short |
| Bybit STBLUSDT | +0.0100% | 4h | 0.02668 | 0.000% | $1.5M | $665K | 20x | as long as short |
| MEXC STBL_USDT | +0.0100% | 4h | 0.02671 | +0.112% | $372K | $150K | 100x | as long as short |
| BingX STBL-USDT | +0.0100% | 4h | 0.02672 | +0.150% | — | $6.6M | — | as long as short |
| Variational Omni STBL | +0.0100% | 4h | 0.02676 | +0.302% | $980 | $282 | — | as long as short |
| SunX STBL-USDT | +0.0100% | 4h | 0.02674 | +0.225% | $2K | $1.2M | 20x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate STBL_USDT | +0.0334% | 4h | 0.02682 | +0.525% | $1.2M | $112K | 50x | as long as short |
| KuCoin STBLUSDTM | +0.0384% | 4h | 0.02678 | +0.375% | $1.1M | $233K | 20x | as long as short |
Hyperliquid STBL
Lighter STBL
BloFin STBL-USDT
Aster STBLUSDT
Binance STBLUSDT
Bybit STBLUSDT
MEXC STBL_USDT
BingX STBL-USDT
Variational Omni STBL
SunX STBL-USDT
Gate STBL_USDT
KuCoin STBLUSDTM