Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.071%
Price spread now: Hyperliquid against Lighter+0.084%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+0.086%+$9 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · Hyperliquid: Season 2 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.084% dearer against Lighter than usual: you sell high and buy low, +$8 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 | Lighter STBL | 0.02626 | 0.0096 | pay 0.0012% / 1h | 30m 10s | $79K | $2K | 3x |
| Short | Hyperliquid STBL | 0.02628 | 0.0100 | get 0.0013% / 1h | 30m 10s | $1.9M | $283K | 3x |
Lighter STBL
Hyperliquid STBLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- $0.84
- Price spread: +0.084% → 0.000%
- $8.38
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $0.22
- Costs to cover
- 0.090%
- Break-even
- 5.2 days
Slippage unknown: Lighter: no order-book sample; Hyperliquid: live order book, 1 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 Hyperliquid live order book, 1 min ago | 1.33 bp | 37.3 bp −$37 | 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 | +0.0065% | 4h | 0.02637 | +0.419% | $126K | $22K | 50x | as long as short |
| Lighter STBLlong | +0.0096% | 1h | 0.02626 | long leg | $79K | $2K | 3x | |
| Hyperliquid STBLshort | +0.0100% | 1h | 0.02628 | +0.084% | $1.9M | $283K | 3x | |
| Binance STBLUSDT | +0.0100% | 4h | 0.02636 | +0.369% | $1.9M | $2.2M | 50x | as long as short |
| MEXC STBL_USDT | +0.0100% | 4h | 0.02635 | +0.343% | $369K | $149K | 100x | as long as short |
| KuCoin STBLUSDTM | +0.0100% | 4h | 0.02628 | +0.076% | $1.1M | $228K | 20x | as long as short |
| Variational Omni STBL | +0.0100% | 4h | 0.02633 | +0.254% | $963 | $282 | — | as long as short |
| SunX STBL-USDT | +0.0100% | 4h | 0.02630 | +0.152% | $2K | $1.1M | 20x | as long as short |
| Bybit STBLUSDT | +0.0264% | 4h | 0.02633 | +0.267% | $1.5M | $685K | 20x | as long as short |
| BingX STBL-USDT | +0.0334% | 4h | 0.02635 | +0.343% | — | $6.6M | — | as long as short |
BloFin STBL-USDT
Binance STBLUSDT
MEXC STBL_USDT
KuCoin STBLUSDTM
Variational Omni STBL
SunX STBL-USDT
Bybit STBLUSDT
BingX STBL-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate STBL_USDT | +0.0388% | 4h | 0.02641 | +0.571% | $1.2M | $117K | 50x | as long as short |
| Aster STBLUSDT | +0.0527% | 4h | 0.02630 | +0.152% | $88K | $6K | 5x | as long as short |
Gate STBL_USDT
Aster STBLUSDT