Funding you earn now, next payment 06:00 UTC+0.2882%/8h= +315.6% APRpaid last 24h −0.299%
Price spread now: MEXC against Lighter−0.292%7-day average −0.211% · you buy dearer than you sell
Net, funding: paid 7d − costs−$454as in the Funding arb table
Net, price: spread back to 7d avg − costs−$425as in the Price arb table
costs, in and out, $10k−$4174.174% of the position
Funding, last 7 days−0.370%−$37 on $10k
+Price spread, last 4 days (all we have)+0.604%+$60 · spread now −0.292%, 7d avg −0.211%
=Together, before fees+0.233%+ Points / potential airdropLighter: Season 3 · farm board+$23 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.081% cheaper against Lighter than usual: you would sell low and buy high (spread −0.292% now, against its 7-day average of −0.211%). If the spread goes back, that is −$8 on $10k: about 2 hours of funding at the current rate (+$86 a day). Mind the row above: over the last 7 days funding on this pair cost −0.370%, 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 7 days it paid -0.370% in total (about -20.0% 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 | 0.3282 | 0.0032 | pay 0.0004% / 1h | 4m 55s | $338K | $525K | 5x |
| Short | MEXC STONK_USDT | 0.3273 | 0.2914 | get 0.1457% / 4h | 2h 04m | $688K | $1.0M | 20x |
Lighter STONK
MEXC STONK_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $605.22
- Price spread: −0.292% → −0.211%
- −$8.1
- Slippage, 4 orders
- −$397.37
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee MEXC: 10 bp × 2 orders
- −$20
- Net
- $179.75
- Costs to cover
- 4.174%
- Break-even
- 4.9 days
Slippage from Lighter: live order book, 40 min ago; MEXC: 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, 40 min ago | 39.21 bp | 154.5 bp −$155 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 13.13 bp | 35.0 bp −$35 | 71.7 bp −$717 | 378.0 bp −$37.8K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter STONKlong | +0.0032% | 1h | 0.3282 | long leg | $338K | $525K | 5x | |
| Bitget STONKUSDT | +0.0100% | 4h | 0.3268 | −0.433% | $386K | $2.2M | 10x | as long as short |
| Phoenix STONK | +0.1073% | 1h | 0.3268 | −0.439% | $206K | $129K | 3x | as long as short |
| BingX STONK-USDT | +0.1552% | 4h | 0.3273 | −0.289% | — | $922K | — | as long as short |
| BloFin STONK-USDT | +0.1873% | 4h | 0.3282 | −0.015% | $90K | $189K | 5x | as long as short |
| Bybit STONKUSDT | +0.1948% | 4h | 0.3272 | −0.320% | $1.5M | $6.5M | 5x | as long as short |
| MEXC STONK_USDTshort | +0.2914% | 4h | 0.3273 | −0.292% | $688K | $1.0M | 20x | |
| Aster STONKUSDT | +0.3530% | 1h | 0.3280 | −0.076% | $457K | $1.1M | 10x | as long as short |
| Gate STONK_USDT | +0.4820% | 4h | 0.3286 | +0.104% | $941K | $2.2M | 10x | as long as short |
Bitget STONKUSDT
Phoenix STONK
BingX STONK-USDT
BloFin STONK-USDT
Bybit STONKUSDT
Aster STONKUSDT
Gate STONK_USDT