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

STONK

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0044%/8h= +4.8% APRpaid last 24h +0.299%
Price spread now: Lighter against MEXC+0.287%7-day average +0.214% · you sell dearer than you buy
Net, funding: paid 7d − costs−$359as in the Funding arb table
Net, price: spread back to 7d avg − costs−$389as in the Price arb table
costs, in and out, $10k−$3963.961% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.370%+$37 on $10k
Price spread, last 4 days (all we have)−0.773%−$77 · spread now +0.287%, 7d avg +0.214%
Together, before fees−0.403%+ Points / potential airdropLighter: Season 3 · farm board−$40 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.073% dearer against MEXC than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.214%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC STONK_USDT0.33100.0100pay 0.0050% / 4h3h 15m$672K$1.0M20x
ShortLighter STONK0.33200.0144get 0.0018% / 1h15m 31s$338K$513K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against MEXC. 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
$9.24
Price spread: +0.287% → +0.214%
$7.31
Slippage, 4 orders
−$376.13
Fee MEXC: 10 bp × 2 orders
−$20
Fee Lighter: 0 bp × 2 orders
$0
Net
−$379.58
Costs to cover
3.961%
Break-even
294.6 days
Slippage from MEXC: live order book, just now; Lighter: live order book, 34 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 MEXC live order book, just now14.51 bp47.3 bp −$4781.9 bp −$819538.2 bp −$53.8Kdoesn't fit
Sell Lighter live order book, 34 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_USDTlong+0.0100%4h0.3310long leg$672K$1.0M20x
Bitget STONKUSDT+0.0100%4h0.3307−0.109%$368K$2.3M10xas long as short
Lighter STONKshort+0.0144%1h0.3320+0.287%$338K$513K5x
BingX STONK-USDT+0.0942%4h0.3307−0.097%$913Kas long as short
Bybit STONKUSDT+0.1050%4h0.3310−0.006%$1.5M$6.5M5xas long as short
BloFin STONK-USDT+0.1296%4h0.3320+0.296%$91K$201K5xas long as short
Phoenix STONK+0.1429%1h0.3316+0.184%$199K$266K3xas long as short
Gate STONK_USDT+0.1948%4h0.3325+0.438%$889K$2.0M10xas long as short
Aster STONKUSDT+0.3802%1h0.3323+0.387%$474K$1.0M10xas long as short