Funding you earn now, next payment 22:00 UTC+0.4310%/8h= +471.9% APRpaid last 24h +0.080%
Price spread now: Lighter against Gate+0.322%7-day average +0.221% · you sell dearer than you buy
Net, funding: paid 7d − costs−$363as in the Funding arb table
Net, price: spread back to 7d avg − costs−$590as in the Price arb table
costs, in and out, $10k−$6006.005% of the position
Funding, last 7 days+2.377%+$238 on $10k
+Price spread, last 4 days (all we have)−1.816%−$182 · spread now +0.322%, 7d avg +0.221%
=Together, before fees+0.560%+ Points / potential airdropLighter: Season 3 · farm board+$56 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$129 a day on $10k at the current rate, and Lighter is 0.101% dearer against Gate than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.221%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 2.377% in total (about 135.3% 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 | Gate STONK_USDT | 0.3761 | 0.2034 | pay 0.1017% / 4h | 2h 04m | $887K | $1.7M | 10x |
| Short | Lighter STONK | 0.3773 | 0.6344 | get 0.0793% / 1h | 4m 43s | $440K | $693K | 5x |
Gate STONK_USDT
Lighter STONKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Gate. 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
- $905.1
- Price spread: +0.322% → +0.221%
- $10.07
- Slippage, 4 orders
- −$585.5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $314.68
- Costs to cover
- 6.005%
- Break-even
- 4.6 days
Slippage from Gate: live order book, 3 min ago; Lighter: live order book, 15 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 Gate live order book, 3 min ago | 12.88 bp | 108.6 bp −$109 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 15 min ago | 53.25 bp | 220.6 bp −$221 | 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC STONK_USDT | +0.0100% | 4h | 0.3760 | −0.021% | $885K | $1.1M | 20x | as long as short |
| Bitget STONKUSDT | +0.0100% | 4h | 0.3757 | −0.106% | $348K | $2.8M | 10x | as long as short |
| Bybit STONKUSDT | +0.1202% | 4h | 0.3767 | +0.152% | $1.5M | $7.1M | 5x | as long as short |
| Phoenix STONK | +0.1469% | 1h | 0.3749 | −0.332% | $193K | $231K | 3x | as long as short |
| BloFin STONK-USDT | +0.1634% | 4h | 0.3761 | −0.008% | $90K | $239K | 5x | as long as short |
| BingX STONK-USDT | +0.1784% | 4h | 0.3771 | +0.258% | — | $952K | — | as long as short |
| Gate STONK_USDTlong | +0.2034% | 4h | 0.3761 | long leg | $887K | $1.7M | 10x | |
| Aster STONKUSDT | +0.4072% | 1h | 0.3767 | +0.151% | $495K | $1.2M | 10x | as long as short |
| Lighter STONKshort | +0.6344% | 1h | 0.3773 | +0.322% | $440K | $693K | 5x |
MEXC STONK_USDT
Bitget STONKUSDT
Bybit STONKUSDT
Phoenix STONK
BloFin STONK-USDT
BingX STONK-USDT
Aster STONKUSDT