Settings8H · net · $10k
Funding arb · Price arb /

STONK

all STONK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0570%/8h= −62.4% APRpaid last 24h +0.236%
Price spread now: Lighter against BingX−0.090%7-day average +0.130% · you buy dearer than you sell
Net, funding: paid 7d − costs−$293as in the Funding arb table
Net, price: spread back to 7d avg − costs−$438as in the Price arb table
costs, in and out, $10k−$4164.158% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.233%+$123 on $10k
Price spread, last 4 days (all we have)−1.102%−$110 · spread now −0.090%, 7d avg +0.130%
Together, before fees+0.131%+ Points / potential airdropLighter: Season 3 · farm board+$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Lighter is 0.221% cheaper against BingX than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of +0.130%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.233%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX STONK-USDT0.33160.0818pay 0.0409% / 4h3h 21m$913K
ShortLighter STONK0.33130.0248get 0.0031% / 1h21m 07s$337K$513K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against BingX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$119.7
Price spread: −0.090% → +0.130%
−$22.06
Slippage, 4 orders
−$405.84
Fee BingX: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$557.6
Costs to cover
4.158%
Break-even
never at this rate
Slippage from BingX: live order book, 8 min ago; Lighter: live order book, 28 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 8 min ago13.29 bp64.5 bp −$65330.2 bp −$3,302doesn't fitdoesn't fit
Sell Lighter live order book, 28 min ago20.95 bp147.6 bp −$148doesn't fitdoesn't fitdoesn't fit

STONK on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC STONK_USDT−0.0168%4h0.3306−0.317%$673K$1.0M20xas long as short
Bitget STONKUSDT+0.0100%4h0.3304−0.359%$368K$2.3M10xas long as short
Lighter STONKshort+0.0248%1h0.3313−0.090%$337K$513K5x
BingX STONK-USDTlong+0.0818%4h0.3316long leg$913K
Bybit STONKUSDT+0.0944%4h0.3315−0.030%$1.5M$6.5M5xas long as short
BloFin STONK-USDT+0.1219%4h0.3315−0.030%$90K$200K5xas long as short
Phoenix STONK+0.1429%1h0.3383+2.008%$203K$266K3xas long as short
Gate STONK_USDT+0.1844%4h0.3332+0.486%$882K$2.0M10xas long as short
Aster STONKUSDT+0.3134%1h0.3320+0.124%$472K$1.0M10xas long as short