Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.004%
Price spread now: Aster against Lighter−0.113%7-day average +0.019% · 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−$123as in the Price arb table
costs, in and out, $10k−$1101.097% of the position
Funding, last 6 days (all we have)−0.006%−$1 on $10k
+Price spread, last 4 days (all we have)+0.130%+$13 · spread now −0.113%, 7d avg +0.019%
=Together, before fees+0.124%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board+$12 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: Aster is 0.132% cheaper against Lighter than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CHIP | 0.04789 | 0.0096 | pay 0.0012% / 1h | 8m 48s | $99K | $107K | 3x |
| Short | Aster CHIPUSDT | 0.04784 | 0.0100 | get 0.0050% / 4h | 1h 08m | $54K | $271K | 5x |
Lighter CHIP
Aster CHIPUSDTFunding 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 itlatest
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: −0.113% → +0.019%
- −$13.16
- Slippage, 4 orders
- −$101.7
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$122.02
- Costs to cover
- 1.097%
- Break-even
- 1023.8 days
Slippage from Lighter: live order book, 15 min ago; Aster: live order book, 33 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, 15 min ago | 7.24 bp | 22.9 bp −$23 | 110.9 bp −$1,109 | doesn't fit | doesn't fit |
| Sell Aster live order book, 33 min ago | 8.37 bp | 28.3 bp −$28 | doesn't fit | 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 | −0.0367% | 1h | 0.04782 | −0.146% | $17K | $245K | 50x | as long as short |
| Bybit CHIPUSDT | −0.0337% | 4h | 0.04788 | −0.021% | $10.9M | $9.0M | 20x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0230% | 1h | 0.04791 | +0.031% | $10K | $23K | 10x | as long as short |
| Nado CHIP-PERP | −0.0200% | 1h | 0.04784 | −0.115% | $242K | $18K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0194% | 4h | 0.04782 | −0.146% | $2.1M | $9.7M | 20x | as long as short |
| Phoenix CHIP | −0.0171% | 1h | 0.04797 | +0.167% | $3K | $128K | 5x | as long as short |
| KuCoin CHIPUSDTM | −0.0058% | 4h | 0.04782 | −0.146% | $1.0M | $1.1M | 50x | as long as short |
| Aftermath Perps CHIPUSD | +0.0001% | 1h | 0.04804 | +0.319% | $63 | $36K | 5x | as long as short |
| BloFin CHIP-USDT | +0.0061% | 4h | 0.04781 | −0.167% | $575K | $100K | 50x | as long as short |
| Lighter CHIPlong | +0.0096% | 1h | 0.04789 | long leg | $99K | $107K | 3x |
ApeX Omni CHIPUSDT
Bybit CHIPUSDT
Deribit CHIP_USDC-PERPETUAL
Nado CHIP-PERP
OKX CHIP-USDT-SWAP
Phoenix CHIP
KuCoin CHIPUSDTM
Aftermath Perps CHIPUSD
BloFin CHIP-USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid CHIP | +0.0100% | 1h | 0.04793 | +0.090% | $14.8M | $5.9M | 3x | as long as short |
| Aster CHIPUSDTshort | +0.0100% | 4h | 0.04784 | −0.113% | $54K | $271K | 5x | |
| Pacifica CHIP | +0.0100% | 1h | 0.04790 | +0.021% | $16K | $4K | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04778 | −0.230% | $14.4M | $27.0M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04789 | 0.000% | $686K | $996K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04778 | −0.230% | $1.8M | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04785 | −0.084% | $2.0M | $3.4M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04779 | −0.209% | — | $1.9M | — | as long as short |
| Backpack CHIP_USDC_PERP | +0.0100% | 1h | 0.04791 | +0.042% | $26K | $235K | 5x | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04786 | −0.060% | $884K | $442K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04785 | −0.084% | $984 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04776 | −0.279% | $218K | $1.5M | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0952% | 1h | 0.04839 | +1.050% | $46K | $38K | 50x | as long as short |
Hyperliquid CHIP
Pacifica CHIP
Binance CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Backpack CHIP_USDC_PERP
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
Coinbase International CHIP-PERP-INTX