Funding you earn now, next payment 01:00 UTC−0.7368%/8h= −806.8% APRpaid last 24h −0.409%
Price spread now: Bitget against Lighter−0.366%7-day average −0.228% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$424as in the Price arb table
costs, in and out, $10k−$4104.102% of the position
Funding, last 4 days (all we have)−0.678%−$68 on $10k
+Price spread, last 4 days (all we have)+0.837%+$84 · spread now −0.366%, 7d avg −0.228%
=Together, before fees+0.160%+ Points / potential airdropLighter: Season 3 · farm board+$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$221 a day on $10k at the current rate, and Bitget is 0.138% cheaper against Lighter than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.228%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.678% in total (about -67.1% 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 | 0.3766 | 0.7704 | pay 0.0963% / 1h | 35m 00s | $450K | $582K | 5x |
| Short | Bitget STONKUSDT | 0.3752 | 0.0336 | get 0.0168% / 4h | 3h 35m | $366K | $2.8M | 10x |
Lighter STONK
Bitget STONKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$1,547.28
- Price spread: −0.366% → −0.228%
- −$13.85
- Slippage, 4 orders
- −$398.17
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$1,971.29
- Costs to cover
- 4.102%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 35 min ago; Bitget: 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, 35 min ago | 42.73 bp | 144.7 bp −$145 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 10.83 bp | 39.6 bp −$40 | 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 STONKUSDTshort | +0.0336% | 4h | 0.3752 | −0.366% | $366K | $2.8M | 10x | |
| MEXC STONK_USDT | +0.1496% | 4h | 0.3749 | −0.462% | $879K | $1.1M | 20x | as long as short |
| Phoenix STONK | +0.2129% | 1h | 0.3744 | −0.589% | $207K | $244K | 3x | as long as short |
| Bybit STONKUSDT | +0.3165% | 4h | 0.3754 | −0.324% | $1.7M | $7.1M | 5x | as long as short |
| BingX STONK-USDT | +0.4552% | 4h | 0.3753 | −0.350% | — | $940K | — | as long as short |
| BloFin STONK-USDT | +0.6480% | 4h | 0.3747 | −0.510% | $90K | $242K | 5x | as long as short |
| Lighter STONKlong | +0.7704% | 1h | 0.3766 | long leg | $450K | $582K | 5x | |
| Aster STONKUSDT | +0.8202% | 1h | 0.3759 | −0.191% | $506K | $1.1M | 10x | as long as short |
| Gate STONK_USDT | +1.0286% | 4h | 0.3747 | −0.518% | $942K | $1.7M | 10x | as long as short |
MEXC STONK_USDT
Phoenix STONK
Bybit STONKUSDT
BingX STONK-USDT
BloFin STONK-USDT
Aster STONKUSDT
Gate STONK_USDT