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

CTR

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0166%/8h= −18.2% APRpaid last 24h −0.162%
Price spread now: Lighter against Aster−0.084%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 airdropAster: Stage 5 · Lighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Lighter is 0.084% cheaper against Aster than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster CTRUSDT0.011870.0262pay 0.0131% / 4h1h 47m$10K$7K5x
ShortLighter CTR0.011860.0096get 0.0012% / 1h47m 12s$10K$3293x

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
−$34.82
Price spread: −0.084% → 0.000%
−$8.42
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$51.25
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.

CTR on 8 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
Lighter CTRshort+0.0096%1h0.01186−0.084%$10K$3293x
Bybit CTRUSDT+0.0100%4h0.01187+0.008%$249K$129K20xas long as short
Gate CTR_USDT+0.0100%4h0.01190+0.253%$114K$14K20xas long as short
KuCoin CTRUSDTM+0.0100%4h0.01185−0.168%$277K$350K20xas long as short
Binance CTRUSDT+0.0237%4h0.01187+0.034%$2.2M$830K20xas long as short
MEXC CTR_USDT+0.0238%4h0.01188+0.101%$603K$140K20xas long as short
Aster CTRUSDTlong+0.0262%4h0.01187long leg$10K$7K5x
Bitget CTRUSDT+0.0428%4h0.01188+0.084%$543K$58K20xas long as short