Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.001%
Price spread now: Aster against Lighter−0.053%7-day average +0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$330.332% of the position
Funding, last 7 days+0.156%+$16 on $10k
+Price spread, last 7 days+0.145%+$14 · spread now −0.053%, 7d avg +0.031%
=Together, before fees+0.301%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board+$30 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.083% cheaper against Lighter than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.031%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ADA | 0.2463 | 0.0096 | pay 0.0012% / 1h | 54m 44s | $2.4M | $1.1M | 10x |
| Short | Aster ADAUSDT | 0.2462 | 0.0100 | get 0.0100% / 8h | 4h 54m | $1.2M | $979K | 75x |
Lighter ADA
Aster ADAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- $0.84
- Price spread: −0.053% → +0.031%
- −$8.34
- Slippage, 4 orders
- −$25.23
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$40.73
- Costs to cover
- 0.332%
- Break-even
- 346.4 days
Slippage from Lighter: live order book, 7 min ago; Aster: 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, 7 min ago | 1.42 bp | 7.5 bp −$7 | 15.3 bp −$153 | 48.0 bp −$4,796 | doesn't fit |
| Sell Aster live order book, 3 min ago | 2.04 bp | 10.0 bp −$10 | 22.3 bp −$223 | doesn't fit | doesn't fit |
ADA on 37 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ADA-USD | 0.0000% | 1h | 0.2460 | −0.149% | $202K | $3K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2461 | −0.093% | $140K | $6.3M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2460 | −0.114% | $84K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +0.313% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0080% | 1h | 0.2459 | −0.175% | $412K | $7.7M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0092% | 1h | 0.2461 | −0.108% | $6.3M | $12.8M | 50x | as long as short |
| Lighter ADAlong | +0.0096% | 1h | 0.2463 | long leg | $2.4M | $1.1M | 10x | |
| Aster ADAUSDTshort | +0.0100% | 8h | 0.2462 | −0.053% | $1.2M | $979K | 75x | |
| Pacifica ADA | +0.0100% | 1h | 0.2462 | −0.065% | $160K | $161K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2462 | −0.060% | $103.9M | $372.4M | 75x | as long as short |
dYdX ADA-USD
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
Kraken Futures PF_ADAUSD
Pacifica ADA
Binance ADAUSDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ADAUSDT | +0.0100% | 8h | 0.2459 | −0.175% | $71.8M | $111.2M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2459 | −0.175% | $32.7M | $105.9M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2460 | −0.134% | $98.4M | $58.7M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2460 | −0.134% | $61.3M | $59.9M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2461 | −0.081% | $29.7M | $15.0M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2461 | −0.093% | $66.1M | $50.0M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2461 | −0.093% | — | $6.6M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2462 | −0.041% | $126K | $444K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2462 | −0.049% | $4.3M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2452 | −0.452% | $65K | $283K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2451 | −0.517% | $288K | $3.8M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2449 | −0.581% | $226K | $740K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2461 | −0.106% | $92K | $683K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2461 | −0.093% | $6K | $5K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2462 | −0.035% | $40K | $2K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2463 | −0.011% | $8K | $742K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2461 | −0.085% | $339 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2461 | −0.113% | $1.3M | $6.3M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2462 | −0.053% | $48.0M | $6.5M | 50x | as long as short |
| Hyperliquid ADA | +0.0103% | 1h | 0.2463 | −0.012% | $42.8M | $14.9M | 10x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2462 | −0.055% | $533K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0107% | 8h | 0.2461 | −0.107% | $21K | $250 | 20x | as long as short |
| Phoenix ADA | +0.0163% | 1h | 0.2459 | −0.158% | $4K | $100K | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2460 | −0.134% | $4.5M | $5.8M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0279% | 1h | 0.2460 | −0.154% | $1K | — | 15x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0481% | 1h | 0.2463 | −0.024% | $588K | $485K | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0548% / S −0.0339% | 1h | 0.2460 | −0.125% | $121K | — | 100x | as long as short |
Bybit ADAUSDT
OKX ADA-USDT-SWAP
Gate ADA_USDT
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDC
Backpack ADA_USDC_PERP
Variational Omni ADA
edgeX ADAUSDC
GRVT ADA_USDT_Perp
ApeX Omni ADAUSDT
Polymarket Perps ADA-USD
Orderly PERP_ADA_USDC
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Hyperliquid ADA
Extended ADA-USD
Paradex ADA-USD-PERP
Phoenix ADA
BloFin ADA-USDT
Reya ADARUSDPERP
Deribit ADA_USDC-PERPETUAL
GMX ADA/USD [WBTC.b-USDC]