ASTER

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: Lighter against Nado+0.045%7-day average +0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$330.328% of the position

Long on Nado Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.008%+$1 on $10k

Price spread, last 4 days (all we have)−0.315%−$32 · spread now +0.045%, 7d avg +0.002%

Together, before fees−0.308%+ Points / potential airdropNado: Active · Lighter: Season 3 · farm board−$31 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: Lighter is 0.043% dearer against Nado than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado ASTER-PERP	0.7345	0.0100	pay 0.0012% / 1h	15m 58s	$368K	$250K	5x
Short	Lighter ASTER	0.7348	0.0096	get 0.0012% / 1h	15m 58s	$895K	$907K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Nado. 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 NadobpFee LighterbpOrdersPrice spread, now +0.045%Rate

Funding earned: −$0.84
Price spread: +0.045% → +0.002%: $4.28
Slippage, 4 orders: −$25.83
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Lighter: 0 bp × 2 orders: $0
Net: −$29.39
Costs to cover: 0.328%
Break-even: never at this rate

Slippage from Nado: live order book, 47 min ago; Lighter: live order book, 44 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 Nado live order book, 47 min ago	1.08 bp	8.8 bp −$9	21.5 bp −$215	doesn't fit	doesn't fit
Sell Lighter live order book, 44 min ago	4.34 bp	10.9 bp −$11	35.3 bp −$353	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
Coinbase International ASTER-PERP-INTX	−0.0088%	1h	0.7338	−0.097%	$270K	$878K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7341	−0.054%	$54.5M	$101.8M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7345	−0.006%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7346	+0.015%	$11K	$71K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7348	+0.042%	$24K	—	150x	as long as short
01 Exchange ASTERUSD	+0.0008%	1h	0.7348	+0.041%	$8K	$4K	10x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.613%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0083%	4h	0.7342	−0.041%	$14K	$845	10x	as long as short
Lighter ASTERshort	+0.0096%	1h	0.7348	+0.045%	$895K	$907K	5x
Nado ASTER-PERPlong	+0.0100%	1h	0.7345	long leg	$368K	$250K	5x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ASTER	+0.0100%	1h	0.7349	+0.056%	$25.4M	$6.5M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7349	+0.053%	$256K	$73K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7341	−0.054%	$90.2M	$110.2M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7340	−0.068%	$48.9M	$22.8M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7340	−0.068%	$12.1M	$18.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7342	−0.041%	$6.4M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7341	−0.054%	$33.8M	$17.9M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7343	−0.020%	$10.9M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7338	−0.095%	$17.8M	$6.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7343	−0.027%	—	$9.5M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7345	0.000%	$217K	$481K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7346	+0.015%	$2.1M	$369K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7347	+0.032%	$459K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7357	+0.163%	$66K	$716K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7357	+0.163%	$2K	$1.6M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7344	−0.014%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7344	−0.014%	$243K	$117K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7341	−0.059%	$367K	$638K	25x	as long as short
edgeX ASTERUSDC	+0.0113%	4h	0.7348	+0.045%	$212K	$2.0M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0244%	1h	0.7348	+0.047%	$338K	$491K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7347	+0.022%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7347	+0.027%	$3.5M	$1.9M	75x	as long as short