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+0.0144%/8h= +15.8% APRnext payment +$0.72 per $10,000 · paid last 24h +0.046%
Price spread now: Bybit against Aster+0.109%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 +$4 a day on $10k at the current rate, and Bybit is 0.109% dearer against Aster than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster LIGHTUSDT0.18050.0265pay 0.0133% / 4h32m 33s$22K$6K5x
ShortBybit LIGHTUSDT0.18070.0410get 0.0205% / 4h32m 33s$2.2M$608K13x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$30.27
Price spread: +0.109% → 0.000%
$10.94
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$22.21
Costs to cover
0.190%
Break-even
1.9 days
Slippage unknown: Aster: no order-book sample; Bybit: live order book, 4 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 Bybit live order book, 4 min ago4.71 bp142.0 bp −$142doesn't fitdoesn'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 9 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
OKX LIGHT-USDT-SWAP+0.0100%4h0.1809+0.237%$898K$1.3M10xas long as short
Gate LIGHT_USDT+0.0100%8h0.1803−0.096%$2.3M$562K10xas long as short
SunX LIGHT-USDT+0.0100%4h0.1803−0.096%$1K$1.4M20xas long as short
KuCoin LIGHTUSDTM+0.0246%4h0.1802−0.173%$2.0M$2.5M10xas long as short
Aster LIGHTUSDTlong+0.0265%4h0.1805long leg$22K$6K5x
Binance LIGHTUSDT+0.0384%4h0.1808+0.181%$4.1M$3.1M10xas long as short
MEXC LIGHT_USDT+0.0390%4h0.1808+0.181%$1.4M$290K50xas long as short
BloFin LIGHT-USDT+0.0404%4h0.1805+0.015%$238K$18K10xas long as short
Bybit LIGHTUSDTshort+0.0410%4h0.1807+0.109%$2.2M$608K13x