Funding you earn now, next payment 01:00 UTC+0.6028%/8h= +660.0% APRpaid last 24h +0.388%
Price spread now: Lighter against Bybit+0.453%7-day average +0.281% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$420as in the Price arb table
costs, in and out, $10k−$4374.372% of the position
Funding, last 4 days (all we have)+0.269%+$27 on $10k
+Price spread, last 4 days (all we have)−0.252%−$25 · spread now +0.453%, 7d avg +0.281%
=Together, before fees+0.017%+ Points / potential airdropLighter: Season 3 · farm board+$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$181 a day on $10k at the current rate, and Lighter is 0.172% dearer against Bybit than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.281%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.269% in total (about 25.5% 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 | Bybit STONKUSDT | 0.3728 | 0.2444 | pay 0.1222% / 4h | 3h 25m | $1.7M | $7.1M | 5x |
| Short | Lighter STONK | 0.3745 | 0.8472 | get 0.1059% / 1h | 25m 33s | $450K | $584K | 5x |
Bybit STONKUSDT
Lighter STONKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bybit. 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
- $1,265.8
- Price spread: +0.453% → +0.281%
- $17.19
- Slippage, 4 orders
- −$426.18
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $845.8
- Costs to cover
- 4.372%
- Break-even
- 2.3 days
Slippage from Bybit: live order book, 2 min ago; Lighter: live order book, 44 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 Bybit live order book, 2 min ago | 6.70 bp | 57.4 bp −$57 | 204.0 bp −$2,040 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 44 min ago | 42.73 bp | 176.3 bp −$176 | 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 | +0.0292% | 4h | 0.3725 | −0.070% | $374K | $2.8M | 10x | as long as short |
| MEXC STONK_USDT | +0.0828% | 4h | 0.3729 | +0.016% | $877K | $1.1M | 20x | as long as short |
| Phoenix STONK | +0.2129% | 1h | 0.3730 | +0.048% | $207K | $244K | 3x | as long as short |
| BingX STONK-USDT | +0.2382% | 4h | 0.3734 | +0.161% | — | $938K | — | as long as short |
| Bybit STONKUSDTlong | +0.2444% | 4h | 0.3728 | long leg | $1.7M | $7.1M | 5x | |
| BloFin STONK-USDT | +0.4718% | 4h | 0.3722 | −0.161% | $90K | $240K | 5x | as long as short |
| Gate STONK_USDT | +0.6330% | 4h | 0.3741 | +0.357% | $944K | $1.8M | 10x | as long as short |
| Aster STONKUSDT | +0.7675% | 1h | 0.3752 | +0.650% | $507K | $1.1M | 10x | as long as short |
| Lighter STONKshort | +0.8472% | 1h | 0.3745 | +0.453% | $450K | $584K | 5x |
Bitget STONKUSDT
MEXC STONK_USDT
Phoenix STONK
BingX STONK-USDT
BloFin STONK-USDT
Gate STONK_USDT
Aster STONKUSDT