Funding you earn now, next payment 11:00 UTC+0.2229%/8h= +244.1% APRpaid last 24h −0.537%
Price spread now: Bybit against Lighter−0.438%7-day average −0.276% · 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−$566as in the Price arb table
costs, in and out, $10k−$5505.496% of the position
Funding, last 4 days (all we have)−0.391%−$39 on $10k
+Price spread, last 4 days (all we have)+0.390%+$39 · spread now −0.438%, 7d avg −0.276%
=Together, before fees0.000%+ Points / potential airdropLighter: Season 3 · farm board$0 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.162% cheaper against Lighter than usual: you would sell low and buy high (spread −0.438% now, against its 7-day average of −0.276%). If the spread goes back, that is −$16 on $10k: about 6 hours of funding at the current rate (+$67 a day). Mind the row above: over the last 4 days funding on this pair cost −0.391%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.391% in total (about -33.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter STONK | 0.3379 | 0.2488 | pay 0.0311% / 1h | 54m 34s | $364K | $548K | 5x |
| Short | Bybit STONKUSDT | 0.3364 | 0.4717 | get 0.2359% / 4h | 1h 54m | $1.9M | $6.0M | 5x |
Lighter STONK
Bybit STONKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $468.19
- Price spread: −0.438% → −0.276%
- −$16.2
- Slippage, 4 orders
- −$538.61
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$97.62
- Costs to cover
- 5.496%
- Break-even
- 8.5 days
Slippage from Lighter: live order book, 52 min ago; Bybit: live order book, 1 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, 52 min ago | 25.03 bp | 222.5 bp −$222 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 7.44 bp | 83.8 bp −$84 | 471.3 bp −$4,713 | doesn't fit | doesn't fit |
STONK on 9 exchanges
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 | +0.0326% | 4h | 0.3358 | −0.607% | $483K | $1.9M | 10x | as long as short |
| Aster STONKUSDT | +0.1230% | 1h | 0.3364 | −0.438% | $502K | $1.2M | 10x | as long as short |
| Phoenix STONK | +0.1646% | 1h | 0.3361 | −0.527% | $211K | $134K | 3x | as long as short |
| Lighter STONKlong | +0.2488% | 1h | 0.3379 | long leg | $364K | $548K | 5x | |
| MEXC STONK_USDT | +0.2998% | 4h | 0.3365 | −0.423% | $831K | $970K | 20x | as long as short |
| Gate STONK_USDT | +0.4102% | 4h | 0.3374 | −0.151% | $1.0M | $2.3M | 10x | as long as short |
| Bybit STONKUSDTshort | +0.4717% | 4h | 0.3364 | −0.438% | $1.9M | $6.0M | 5x | |
| BingX STONK-USDT | +0.4760% | 4h | 0.3361 | −0.527% | — | $896K | — | as long as short |
| BloFin STONK-USDT | +0.6825% | 4h | 0.3348 | −0.912% | $93K | $165K | 5x | as long as short |
Bitget STONKUSDT
Aster STONKUSDT
Phoenix STONK
MEXC STONK_USDT
Gate STONK_USDT
BingX STONK-USDT
BloFin STONK-USDT