Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.067%
Price spread now: Lighter against Aster+0.228%7-day average +0.114% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1571.574% of the position
Funding, last 5 days (all we have)+0.279%+$28 on $10k
+Price spread, last 4 days (all we have)−0.072%−$7 · spread now +0.228%, 7d avg +0.114%
=Together, before fees+0.207%+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm board+$21 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: Lighter is 0.113% dearer against Aster than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.114%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster FFUSDT | 0.1274 | 0.0100 | pay 0.0050% / 4h | 1h 44m | $1.2M | $33K | 5x |
| Short | Lighter FF | 0.1277 | 0.0096 | get 0.0012% / 1h | 44m 21s | $135K | $65K | 3x |
Aster FFUSDT
Lighter FFFunding 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
- −$0.84
- Price spread: +0.228% → +0.114%
- $11.34
- Slippage, 4 orders
- −$149.41
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$146.91
- Costs to cover
- 1.574%
- Break-even
- never at this rate
Slippage from Aster: live order book, 4 min ago; Lighter: live order book, 29 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, 4 min ago | 11.78 bp | 65.1 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 29 min ago | 7.05 bp | 16.5 bp −$16 | 88.2 bp −$882 | doesn't fit | doesn't fit |
FF on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance FFUSDT | −0.0200% | 4h | 0.1273 | −0.063% | $43.0M | $51.3M | 20x | as long as short |
| MEXC FF_USDT | −0.0198% | 4h | 0.1274 | −0.047% | $10.0M | $3.6M | 50x | as long as short |
| BloFin FF-USDT | −0.0188% | 4h | 0.1272 | −0.141% | $2.3M | $442K | 20x | as long as short |
| Bybit FFUSDT | +0.0040% | 4h | 0.1273 | −0.078% | $14.3M | $13.0M | 20x | as long as short |
| Lighter FFshort | +0.0096% | 1h | 0.1277 | +0.228% | $135K | $65K | 3x | |
| Aster FFUSDTlong | +0.0100% | 4h | 0.1274 | long leg | $1.2M | $33K | 5x | |
| Gate FF_USDT | +0.0100% | 4h | 0.1275 | +0.078% | $26.9M | $3.5M | 50x | as long as short |
| KuCoin FFUSDTM | +0.0100% | 4h | 0.1276 | +0.133% | $8.6M | $6.7M | 20x | as long as short |
| Bitget FFUSDT | +0.0100% | 4h | 0.1275 | +0.047% | $18.5M | $4.8M | 5x | as long as short |
| BingX FF-USDT | +0.0100% | 4h | 0.1274 | −0.047% | — | $7.1M | — | as long as short |
Binance FFUSDT
MEXC FF_USDT
BloFin FF-USDT
Bybit FFUSDT
Gate FF_USDT
KuCoin FFUSDTM
Bitget FFUSDT
BingX FF-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX FF-USDT | +0.0100% | 4h | 0.1273 | −0.126% | $2K | $2.8M | 20x | as long as short |
SunX FF-USDT