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

CC

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.1164%/8h= −127.5% APRpaid last 24h −0.166%
Price spread now: Aster against Lighter−0.392%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$35 a day on $10k at the current rate, and Aster is 0.392% cheaper against Lighter than usual: you would sell low and buy high (−$39 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter CC0.11660.1264pay 0.0158% / 1h15m 33s$234K$152K5x
ShortAster CCUSDT0.11620.0100get 0.0050% / 4h1h 15m$34K$39K20x

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

Profit calculator

Funding earned
−$244.44
Price spread: −0.392% → 0.000%
−$39.24
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
−$291.68
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 58 min ago; Aster: 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 Lighter live order book, 58 min ago11.60 bp32.5 bp −$33406.2 bp −$4,062doesn't fitdoesn't fit
Sell Aster no order-book sample
Aster: 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.

CC on 19 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
Injective CC/USDC PERP−0.3951%1h0.1147−1.638%$6K$995.5xas long as short
Paradex CC-USD-PERP+0.0094%8h0.1162−0.363%$1K5xas long as short
Aster CCUSDTshort+0.0100%4h0.1162−0.392%$34K$39K20x
Binance CCUSDT+0.0100%4h0.1161−0.437%$11.0M$11.1M75xas long as short
Bybit CCUSDT+0.0100%4h0.1161−0.429%$10.5M$3.8M25xas long as short
OKX CC-USDT-SWAP+0.0100%4h0.1162−0.360%$2.5M$3.4M20xas long as short
Gate CC_USDT+0.0100%4h0.1160−0.497%$360K$212K50xas long as short
MEXC CC_USDT+0.0100%4h0.1161−0.429%$1.7M$313K100xas long as short
KuCoin CCUSDTM+0.0100%4h0.1163−0.274%$492K$115K50xas long as short
Bitget CCUSDT+0.0100%4h0.1162−0.326%$927K$788K20xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CC-USDT+0.0100%4h0.1161−0.429%$6.6Mas long as short
Backpack CC_USDC_PERP+0.0100%1h0.1161−0.412%$16K$22K10xas long as short
Variational Omni CC+0.0100%4h0.1161−0.480%$579K$43Kas long as short
GRVT CC_USDT_Perp+0.0100%4h0.1162−0.326%$78K$2.3M10xas long as short
Derive CC-PERP+0.0100%1h0.1160−0.494%$7K$35K6.7xas long as short
Hyperliquid CC+0.0235%1h0.1164−0.189%$5.4M$1.4M3xas long as short
BloFin CC-USDT+0.0340%4h0.1161−0.446%$582K$105K75xas long as short
GMX CC/USD [WBTC.b-USDC]L +0.0442% / S −0.0239%1h0.1162−0.363%$43K50xas long as short
Lighter CClong+0.1264%1h0.1166long leg$234K$152K5x