Funding you earn now, next payment 21:00 UTC+0.0317%/8hpaid last 24h +0.167%
Price spread now: Bybit against Lighter+0.228%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.254%+$25 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Bybit is 0.228% dearer against Lighter than usual: you sell high and buy low: +$23 more if the spread 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 | Lighter STBL | 0.02629 | 0.0096 | pay 0.0012% / 1h | 53m 25s | $79K | $2K | 3x |
| Short | Bybit STBLUSDT | 0.02635 | 0.0413 | get 0.0206% / 4h | 3h 53m | $1.5M | $676K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $66.54
- Price spread: +0.228% → 0.000%
- $22.82
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $78.37
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Lighter: no order-book sample; Bybit: live order book, 2 min ago. 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 Lighter no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 2 min ago | 5.70 bp | 114.0 bp −$114 | doesn't fit | doesn't fit | doesn't fit |
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 | +0.0074% | 4h | 0.02637 | +0.304% | $129K | $21K | 50x | as long as short |
| Lighter STBLlong | +0.0096% | 1h | 0.02629 | long leg | $79K | $2K | 3x | |
| Binance STBLUSDT | +0.0100% | 4h | 0.02638 | +0.329% | $1.9M | $2.2M | 50x | as long as short |
| MEXC STBL_USDT | +0.0100% | 4h | 0.02637 | +0.304% | $378K | $146K | 100x | as long as short |
| Variational Omni STBL | +0.0100% | 4h | 0.02635 | +0.231% | $962 | $281 | — | as long as short |
| SunX STBL-USDT | +0.0100% | 4h | 0.02632 | +0.114% | $2K | $1.1M | 20x | as long as short |
| Bybit STBLUSDTshort | +0.0413% | 4h | 0.02635 | +0.228% | $1.5M | $676K | 20x | |
| KuCoin STBLUSDTM | +0.0584% | 4h | 0.02632 | +0.114% | $1.1M | $181K | 20x | as long as short |
| Aster STBLUSDT | +0.0931% | 4h | 0.02637 | +0.286% | $88K | $5K | 5x | as long as short |
| Hyperliquid STBL | +0.0967% | 1h | 0.02634 | +0.171% | $1.9M | $286K | 3x | 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 | +0.0984% | 4h | 0.02643 | +0.533% | $1.2M | $114K | 50x | as long as short |
| BingX STBL-USDT | +0.1228% | 4h | 0.02637 | +0.304% | — | $6.6M | — | as long as short |
Lighter STBL
Bybit STBLUSDT
BloFin STBL-USDT
Binance STBLUSDT
MEXC STBL_USDT
Variational Omni STBL
SunX STBL-USDT
KuCoin STBLUSDTM
Aster STBLUSDT
Hyperliquid STBL
Gate STBL_USDT
BingX STBL-USDT