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

LIGHT

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0150%/8h= +16.4% APRnext payment +$0.75 per $10,000 · paid last 24h +0.042%
Price spread now: Binance against Aster+0.078%7-day average · you sell dearer than you buy
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 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Binance is 0.078% dearer against Aster than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster LIGHTUSDT0.18090.0553pay 0.0276% / 4h2h 12m$22K$6K5x
ShortBinance LIGHTUSDT0.18100.0703get 0.0351% / 4h2h 12m$4.1M$3.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
$31.51
Price spread: +0.078% → 0.000%
$7.83
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
$21.34
Costs to cover
0.180%
Break-even
2.3 days
Slippage unknown: Aster: no order-book sample; Binance: live order book, 10 min ago. 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 Binance live order book, 10 min ago2.76 bp29.1 bp −$29169.6 bp −$1,696doesn't fitdoesn't fit
Aster: 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.

LIGHT 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
SunX LIGHT-USDT+0.0100%4h0.1807−0.088%$2K$1.5M20xas long as short
Gate LIGHT_USDT+0.0257%8h0.1809+0.023%$2.3M$567K10xas long as short
OKX LIGHT-USDT-SWAP+0.0309%4h0.1809+0.023%$896K$1.3M10xas long as short
Aster LIGHTUSDTlong+0.0553%4h0.1809long leg$22K$6K5x
KuCoin LIGHTUSDTM+0.0626%4h0.1806−0.143%$2.0M$2.5M10xas long as short
Binance LIGHTUSDTshort+0.0703%4h0.1810+0.078%$4.1M$3.1M10x
MEXC LIGHT_USDT+0.0710%4h0.1809+0.023%$1.4M$289K50xas long as short
Bybit LIGHTUSDT+0.1524%4h0.1809+0.012%$2.2M$607K13xas long as short