Funding you earn now, next payment 09:00 UTC−0.0058%/8h= −6.4% APRpaid last 24h −0.165%
Price spread now: Gate against Lighter+0.078%7-day average −0.209% · you sell dearer than you buy
Net, funding: paid 7d − costs−$789as in the Funding arb table
Net, price: spread back to 7d avg − costs−$513as in the Price arb table
costs, in and out, $10k−$5425.418% of the position
Funding, last 7 days−2.473%−$247 on $10k
+Price spread, last 4 days (all we have)+2.978%+$298 · spread now +0.078%, 7d avg −0.209%
=Together, before fees+0.505%+ Points / potential airdropLighter: Season 3 · farm board+$51 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.287% dearer against Lighter than usual: you sell high and buy low (spread +0.078% now, against its 7-day average of −0.209%): +$29 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 16 days. At the pace of the last 7 days (−2.473% in total) that is about 19 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter STONK | 0.3344 | 0.4984 | pay 0.0623% / 1h | 25m 01s | $356K | $540K | 5x |
| Short | Gate STONK_USDT | 0.3347 | 0.4926 | get 0.2463% / 4h | 3h 25m | $999K | $2.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$12.18
- Price spread: +0.078% → −0.209%
- $28.7
- Slippage, 4 orders
- −$526.82
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$525.3
- Costs to cover
- 5.418%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 5 min ago; Gate: live order book, 3 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, 5 min ago | 62.57 bp | 165.9 bp −$166 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 8.38 bp | 127.0 bp −$127 | doesn't fit | doesn't fit | doesn't fit |
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 | +0.0318% | 4h | 0.3328 | −0.470% | $488K | $1.9M | 10x | as long as short |
| Aster STONKUSDT | +0.0783% | 1h | 0.3330 | −0.416% | $491K | $1.2M | 10x | as long as short |
| MEXC STONK_USDT | +0.1000% | 4h | 0.3329 | −0.443% | $806K | $992K | 20x | as long as short |
| Phoenix STONK | +0.1299% | 1h | 0.3336 | −0.251% | $212K | $137K | 3x | as long as short |
| Gate STONK_USDTshort | +0.4926% | 4h | 0.3347 | +0.078% | $999K | $2.2M | 10x | |
| Lighter STONKlong | +0.4984% | 1h | 0.3344 | long leg | $356K | $540K | 5x | |
| Bybit STONKUSDT | +0.6250% | 4h | 0.3337 | −0.206% | $1.8M | $5.9M | 5x | as long as short |
| BingX STONK-USDT | +0.6260% | 4h | 0.3333 | −0.326% | — | $916K | — | as long as short |
| BloFin STONK-USDT | +0.9107% | 4h | 0.3328 | −0.475% | $92K | $198K | 5x | as long as short |
Lighter STONK
Gate STONK_USDT
Bitget STONKUSDT
Aster STONKUSDT
MEXC STONK_USDT
Phoenix STONK
Bybit STONKUSDT
BingX STONK-USDT
BloFin STONK-USDT