Settings8H · net · $10k
Funding arb · Price arb /

CAP

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against Aster−0.097%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.097% cheaper against Aster than usual: you would sell low and buy high, −$10 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster CAPUSDT0.046320.0100pay 0.0050% / 4h3h 33m$26K$58K5x
ShortLighter CAP0.046270.0096get 0.0012% / 1h33m 51s$19K$2K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Aster. 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

Funding earned
−$0.84
Price spread: −0.097% → 0.000%
−$9.71
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$18.55
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Lighter: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell Lighter no order-book sample
Aster and Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

CAP on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) CAP/USDL 0.0000% / S 0.0000%1h0.04623−0.199%150xas long as short
BloFin CAP-USDT+0.0066%4h0.04652+0.432%$368K$60K10xas long as short
BingX CAP-USDT+0.0070%4h0.04638+0.130%$1.6Mas long as short
Lighter CAPshort+0.0096%1h0.04627−0.097%$19K$2K3x
Aster CAPUSDTlong+0.0100%4h0.04632long leg$26K$58K5x
Binance CAPUSDT+0.0100%4h0.04635+0.062%$8.8M$8.3M10xas long as short
Bybit CAPUSDT+0.0100%4h0.04637+0.108%$4.5M$3.9M10xas long as short
OKX CAP-USDT-SWAP+0.0100%4h0.04642+0.216%$1.9M$7.2M10xas long as short
Gate CAP_USDT+0.0100%4h0.046320.000%$321K$1.2M20xas long as short
MEXC CAP_USDT+0.0100%4h0.04633+0.022%$533K$224K20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin CAPUSDTM+0.0100%4h0.04638+0.130%$4.3M$1.3M10xas long as short
Bitget CAPUSDT+0.0100%4h0.04631−0.022%$1.0M$607K10xas long as short
Variational Omni CAP+0.0100%4h0.04653+0.457%$8K$8Kas long as short
Orderly PERP_CAP_USDC_mythos+0.0100%4h0.04633+0.017%$4K$2K10xas long as short