Funding you earn now, next payment 22:00 UTC+0.0708%/8h= +77.5% APRpaid last 24h +0.048%
Price spread now: Aster against Lighter+0.171%7-day average +0.088% · 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−$35as in the Price arb table
costs, in and out, $10k−$430.431% of the position
Funding, last 5 days (all we have)+0.071%+$7 on $10k
+Price spread, last 4 days (all we have)−0.082%−$8 · spread now +0.171%, 7d avg +0.088%
=Together, before fees−0.011%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and Aster is 0.082% dearer against Lighter than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.088%.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.071% in total (about 5.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter FIL | 0.9713 | −0.0608 | get 0.0076% / 1h | 51m 59s | $155K | $332K | 5x |
| Short | Aster FILUSDT | 0.9730 | 0.0100 | get 0.0100% / 8h | 2h 51m | $482K | $507K | 20x |
Lighter FIL
Aster FILUSDTFunding 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
- $148.68
- Price spread: +0.171% → +0.088%
- $8.25
- Slippage, 4 orders
- −$35.13
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $113.79
- Costs to cover
- 0.431%
- Break-even
- 1.6 days
Slippage from Lighter: live order book, 31 min ago; Aster: live order book, 35 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, 31 min ago | 10.61 bp | 12.4 bp −$12 | 29.2 bp −$292 | doesn't fit | doesn't fit |
| Sell Aster live order book, 35 min ago | 5.11 bp | 10.9 bp −$11 | 35.2 bp −$352 | doesn't fit | doesn't fit |
FIL on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FIL_USDC-PERPETUAL | −0.0981% | 1h | 0.9733 | +0.202% | $167K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0630% | 1h | 0.9726 | +0.125% | $1.4M | $2.3M | 50x | as long as short |
| Lighter FILlong | −0.0608% | 1h | 0.9713 | long leg | $155K | $332K | 5x | |
| Coinbase International FIL-PERP-INTX | −0.0328% | 1h | 0.9729 | +0.161% | $311K | $1.9M | 50x | as long as short |
| Bybit FILUSDT | −0.0099% | 8h | 0.9728 | +0.150% | $15.3M | $18.0M | 25x | as long as short |
| Variational Omni FIL | −0.0058% | 8h | 0.9729 | +0.165% | $434K | $273K | — | as long as short |
| Bitget FILUSDT | −0.0025% | 8h | 0.9723 | +0.099% | $10.7M | $22.2M | 75x | as long as short |
| Hyperliquid FIL | −0.0011% | 1h | 0.9720 | +0.065% | $8.5M | $9.4M | 5x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9730 | +0.174% | $24K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9718 | +0.053% | $57K | $2K | 10x | as long as short |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
Bybit FILUSDT
Variational Omni FIL
Bitget FILUSDT
Hyperliquid FIL
gTrade (Gains Network) FIL/USD
dYdX FIL-USDShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX FIL-USDT-SWAP | +0.0017% | 8h | 0.9727 | +0.140% | $17.9M | $96.5M | 50x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9658 | −0.570% | $2K | $118K | 12x | as long as short |
| KuCoin FILUSDTM | +0.0042% | 8h | 0.9722 | +0.089% | $7.3M | $7.2M | 50x | as long as short |
| Aster FILUSDTshort | +0.0100% | 8h | 0.9730 | +0.171% | $482K | $507K | 20x | |
| Binance FILUSDT | +0.0100% | 8h | 0.9724 | +0.109% | $55.7M | $177.0M | 75x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9724 | +0.109% | $7.7M | $16.2M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9713 | −0.004% | $247K | $103K | 50x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9722 | +0.089% | — | $11.8M | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9749 | +0.367% | $45K | $292K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9767 | +0.550% | $293K | $809K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9720 | +0.068% | $41K | $194K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9734 | +0.214% | $4K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9710 | −0.035% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9722 | +0.089% | $470 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9724 | +0.109% | $612K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9720 | +0.068% | $1.0M | $2.2M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9725 | +0.119% | $678K | $2.3M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9725 | +0.119% | $2.6M | $615K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0610% / S −0.0849% | 1h | 0.9731 | +0.176% | $206K | — | 100x | as long as short |
OKX FIL-USDT-SWAP
Injective FIL/USDC PERP
KuCoin FILUSDTM
Binance FILUSDT
Gate FIL_USDT
MEXC FIL_USDC
BingX FIL-USDT
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
Extended FIL-USD
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]