Funding you earn now, next payment 03:00 UTC−0.2682%/8h= −293.7% APRpaid last 24h −0.329%
Price spread now: Gate against Lighter−0.252%7-day average −0.225% · you buy dearer than you sell
Net, funding: paid 7d − costs−$841as in the Funding arb table
Net, price: spread back to 7d avg − costs−$581as in the Price arb table
costs, in and out, $10k−$5785.780% of the position
Funding, last 7 days−2.625%−$262 on $10k
+Price spread, last 4 days (all we have)+3.308%+$331 · spread now −0.252%, 7d avg −0.225%
=Together, before fees+0.683%+ Points / potential airdropLighter: Season 3 · farm board+$68 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$80 a day on $10k at the current rate, and Gate is 0.027% cheaper against Lighter than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.225%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter STONK | 0.3725 | 0.4136 | pay 0.0517% / 1h | 9m 51s | $444K | $540K | 5x |
| Short | Gate STONK_USDT | 0.3716 | 0.1454 | get 0.0727% / 4h | 1h 09m | $960K | $1.8M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$563.22
- Price spread: −0.252% → −0.225%
- −$2.74
- Slippage, 4 orders
- −$563.04
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,144
- Costs to cover
- 5.780%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 50 min ago; Gate: 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, 50 min ago | 30.30 bp | 207.5 bp −$207 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 11.03 bp | 103.1 bp −$103 | 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 | −0.2118% | 4h | 0.3703 | −0.596% | $865K | $1.0M | 20x | as long as short |
| Bybit STONKUSDT | +0.0100% | 4h | 0.3711 | −0.389% | $1.7M | $6.4M | 5x | as long as short |
| Bitget STONKUSDT | +0.0100% | 4h | 0.3708 | −0.472% | $373K | $2.3M | 10x | as long as short |
| BingX STONK-USDT | +0.0100% | 4h | 0.3710 | −0.416% | — | $911K | — | as long as short |
| BloFin STONK-USDT | +0.0302% | 4h | 0.3714 | −0.309% | $91K | $225K | 5x | as long as short |
| Aster STONKUSDT | +0.0450% | 1h | 0.3716 | −0.255% | $511K | $1.1M | 10x | as long as short |
| Phoenix STONK | +0.0793% | 1h | 0.3724 | −0.054% | $214K | $256K | 3x | as long as short |
| Gate STONK_USDTshort | +0.1454% | 4h | 0.3716 | −0.252% | $960K | $1.8M | 10x | |
| Lighter STONKlong | +0.4136% | 1h | 0.3725 | long leg | $444K | $540K | 5x |
Lighter STONK
Gate STONK_USDT
MEXC STONK_USDT
Bybit STONKUSDT
Bitget STONKUSDT
BingX STONK-USDT
BloFin STONK-USDT
Aster STONKUSDT
Phoenix STONK