Funding you earn now, next payment 23:00 UTC−0.3400%/8h= −372.3% APRpaid last 24h +0.473%
Price spread now: BingX against Lighter−0.324%7-day average −0.116% · you buy dearer than you sell
Net, funding: paid 7d − costs−$578as in the Funding arb table
Net, price: spread back to 7d avg − costs−$494as in the Price arb table
costs, in and out, $10k−$4734.728% of the position
Funding, last 7 days−1.047%−$105 on $10k
+Price spread, last 4 days (all we have)+1.517%+$152 · spread now −0.324%, 7d avg −0.116%
=Together, before fees+0.470%+ Points / potential airdropLighter: Season 3 · farm board+$47 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$102 a day on $10k at the current rate, and BingX is 0.209% cheaper against Lighter than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of −0.116%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -1.047% in total (about -59.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter STONK | 0.3733 | 0.4288 | pay 0.0536% / 1h | 48m 44s | $435K | $629K | 5x |
| Short | BingX STONK-USDT | 0.3721 | 0.0888 | get 0.0444% / 4h | 1h 48m | — | $954K | — |
Lighter STONK
BingX STONK-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$714
- Price spread: −0.324% → −0.116%
- −$20.86
- Slippage, 4 orders
- −$462.8
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$1,207.66
- Costs to cover
- 4.728%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 31 min ago; BingX: live order book, 70 min ago.
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 live order book, 31 min ago | 53.25 bp | 157.0 bp −$157 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 70 min ago | 16.06 bp | 48.0 bp −$48 | 238.7 bp −$2,387 | 1187.1 bp −$118.7K | 1406.2 bp −$703.1K |
STONK on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget STONKUSDT | +0.0100% | 4h | 0.3710 | −0.605% | $331K | $2.8M | 10x | as long as short |
| BingX STONK-USDTshort | +0.0888% | 4h | 0.3721 | −0.324% | — | $954K | — | |
| Bybit STONKUSDT | +0.0896% | 4h | 0.3723 | −0.271% | $1.5M | $7.0M | 5x | as long as short |
| BloFin STONK-USDT | +0.1145% | 4h | 0.3709 | −0.646% | $91K | $239K | 5x | as long as short |
| Gate STONK_USDT | +0.1440% | 4h | 0.3712 | −0.563% | $876K | $1.7M | 10x | as long as short |
| MEXC STONK_USDT | +0.1506% | 4h | 0.3716 | −0.447% | $854K | $1.1M | 20x | as long as short |
| Phoenix STONK | +0.1531% | 1h | 0.3710 | −0.627% | $192K | $231K | 3x | as long as short |
| Aster STONKUSDT | +0.3732% | 1h | 0.3730 | −0.073% | $491K | $1.2M | 10x | as long as short |
| Lighter STONKlong | +0.4288% | 1h | 0.3733 | long leg | $435K | $629K | 5x |
Bitget STONKUSDT
Bybit STONKUSDT
BloFin STONK-USDT
Gate STONK_USDT
MEXC STONK_USDT
Phoenix STONK
Aster STONKUSDT