ASTER

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0176%/8h= −19.3% APRnext payment −$0.22 per $10,000 · paid last 24h −0.083%

Price spread now: Coinbase International against Lighter−0.109%7-day average −0.089% · you buy dearer than you sell

Net, funding: paid 7d − costs−$66as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$380.383% of the position

Long on Lighter Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.280%−$28 on $10k

Price spread, last 3 days (all we have)−0.005%−$1 · spread now −0.109%, 7d avg −0.089%

Together, before fees−0.285%+ Points / potential airdropLighter: Season 3 · farm board−$29 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.089%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter ASTER	0.7328	0.0096	pay 0.0012% / 1h	54m 17s	$890K	$897K	5x
Short	Coinbase International ASTER-PERP-INTX	0.7320	−0.0080	pay 0.0010% / 1h	54m 17s	$267K	$849K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Lighter. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee LighterbpFee Coinbase InternationalbpOrdersPrice spread, now −0.109%Rate

Funding earned: −$36.96
Price spread: −0.109% → −0.089%: −$1.99
Slippage, 4 orders: −$28.32
Fee Lighter: 0 bp × 2 orders: $0
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$77.27
Costs to cover: 0.383%
Break-even: never at this rate

Slippage from Lighter: live order book, 11 min ago; Coinbase International: live order book, 14 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, 11 min ago	4.48 bp	6.6 bp −$7	34.5 bp −$345	398.8 bp −$39.9K	doesn't fit
Sell Coinbase International live order book, 14 min ago	4.29 bp	13.6 bp −$14	19.4 bp −$194	doesn't fit	doesn't fit

ASTER on 32 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
ApeX Omni ASTERUSDT	−0.0718%	1h	0.7343	+0.206%	$65K	$715K	50x	as long as short
Coinbase International ASTER-PERP-INTXshort	−0.0080%	1h	0.7320	−0.109%	$267K	$849K	50x
Aster ASTERUSDT	0.0000%	4h	0.7329	+0.011%	$55.4M	$100.9M	200x	as long as short
01 Exchange ASTERUSD	0.0000%	1h	0.7319	−0.121%	$8K	$4K	10x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7344	+0.216%	$11K	$86K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7326	−0.020%	$24K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.847%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0093%	4h	0.7341	+0.179%	$14K	$845	10x	as long as short
Lighter ASTERlong	+0.0096%	1h	0.7328	long leg	$890K	$897K	5x
Nado ASTER-PERP	+0.0100%	1h	0.7326	−0.026%	$366K	$256K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ASTER	+0.0100%	1h	0.7332	+0.056%	$25.4M	$6.5M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7329	+0.016%	$251K	$70K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7325	−0.040%	$89.8M	$109.6M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7330	+0.029%	$48.9M	$22.4M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7338	+0.138%	$12.0M	$18.2M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7326	−0.026%	$6.4M	$5.2M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7320	−0.108%	$34.9M	$17.4M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7326	−0.030%	$10.9M	$3.2M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7350	+0.302%	$17.9M	$6.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7331	+0.042%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7321	−0.094%	$213K	$462K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7328	0.000%	$2.1M	$376K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7358	+0.405%	$453K	$3.7M	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7350	+0.302%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7346	+0.247%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7326	−0.026%	$239K	$109K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7350	+0.308%	$367K	$641K	25x	as long as short
edgeX ASTERUSDC	+0.0113%	4h	0.7354	+0.352%	$212K	$2.0M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0228%	1h	0.7352	+0.335%	$338K	$500K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7325	−0.043%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7322	−0.081%	$3.5M	$1.9M	75x	as long as short
dYdX ASTER-USD	+0.0929%	1h	0.7326	−0.028%	$14K	$1K	5x	as long as short