Funding you earn now, next payment 03:00 UTC+0.0129%/8h= +14.1% APRpaid last 24h −0.001%
Price spread now: Lighter against Aster−0.055%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1141.138% of the position
Funding, last 5 days (all we have)+0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.018%+$2 · spread now −0.055%, 7d avg −0.020%
=Together, before fees+0.019%+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm board+$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.034% cheaper against Aster than usual: you would sell low and buy high (spread −0.055% now, against its 7-day average of −0.020%). If the spread goes back, that is −$3 on $10k: about 21 hours of funding at the current rate (+$4 a day). At the pace of the last 5 days (+0.001% in total) that is about 5 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster CHIPUSDT | 0.04819 | −0.0033 | get 0.0016% / 4h | 1h 20m | $46K | $271K | 5x |
| Short | Lighter CHIP | 0.04816 | 0.0096 | get 0.0012% / 1h | 20m 49s | $89K | $107K | 3x |
Aster CHIPUSDT
Lighter CHIPFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $27.09
- Price spread: −0.055% → −0.020%
- −$3.44
- Slippage, 4 orders
- −$105.79
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$90.14
- Costs to cover
- 1.138%
- Break-even
- 30.3 days
Slippage from Aster: live order book, 41 min ago; Lighter: live order book, 24 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 Aster live order book, 41 min ago | 5.26 bp | 27.8 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 24 min ago | 10.52 bp | 26.5 bp −$26 | 130.4 bp −$1,304 | doesn't fit | doesn't fit |
CHIP on 23 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 CHIPUSDT | −0.0592% | 1h | 0.04800 | −0.387% | $16K | $245K | 50x | as long as short |
| Bybit CHIPUSDT | −0.0559% | 4h | 0.04815 | −0.075% | $11.1M | $8.9M | 20x | as long as short |
| Backpack CHIP_USDC_PERP | −0.0440% | 1h | 0.04817 | −0.034% | $26K | $237K | 5x | as long as short |
| Phoenix CHIP | −0.0337% | 1h | 0.04798 | −0.428% | $3K | $130K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0265% | 4h | 0.04809 | −0.200% | $2.1M | $9.7M | 20x | as long as short |
| Aster CHIPUSDTlong | −0.0033% | 4h | 0.04819 | long leg | $46K | $271K | 5x | |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04825 | +0.132% | $10K | $24K | 10x | as long as short |
| Lighter CHIPshort | +0.0096% | 1h | 0.04816 | −0.055% | $89K | $107K | 3x | |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04826 | +0.151% | $15.2M | $6.1M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04830 | +0.236% | $14K | $689 | 3x | as long as short |
ApeX Omni CHIPUSDT
Bybit CHIPUSDT
Backpack CHIP_USDC_PERP
Phoenix CHIP
OKX CHIP-USDT-SWAP
Deribit CHIP_USDC-PERPETUAL
Hyperliquid CHIP
Pacifica CHIPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CHIPUSDT | +0.0100% | 4h | 0.04807 | −0.241% | $14.6M | $26.4M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04822 | +0.070% | $712K | $950K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04809 | −0.200% | $1.9M | $1.2M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04819 | +0.008% | $1.0M | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04810 | −0.179% | $2.0M | $3.3M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04810 | −0.179% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04817 | −0.042% | $857K | $529K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04811 | −0.158% | $775 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04811 | −0.163% | $222K | $1.9M | 5x | as long as short |
| BloFin CHIP-USDT | +0.0125% | 4h | 0.04816 | −0.055% | $575K | $63K | 50x | as long as short |
| Nado CHIP-PERP | +0.0125% | 1h | 0.04822 | +0.060% | $243K | $19K | 5x | as long as short |
| Aftermath Perps CHIPUSD | +0.0395% | 1h | 0.04800 | −0.382% | $123 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0832% | 1h | 0.04855 | +0.751% | $47K | $42K | 50x | as long as short |
Binance CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
BloFin CHIP-USDT
Nado CHIP-PERP
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX