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

LIGHT

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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
AsterLIGHTUSDT
0.2384+0.0608pay 0.0304% / 4h8m 28s$119K$4K5xLong Aster≤10% back
SHORT
GateLIGHT_USDT
0.2387+0.0100get 0.0100% / 8h8m 28s$1.3M$473K10xShort Gate
Price gap+0.084%
Funding gap−0.0508% /8h

The gap pays +$9 on $10k if it goes back to its 7d average, but funding costs $15 a day and eats that in about 14 hours. At the last 7 days' pace that is about 27 hours.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$53−0.0508% /8h now · paid −0.531% over the last 7D
Price+$9spread +0.084% now, avg −0.002% → +0.086% if it goes back
Costs−$6786.776% of $10k · taker + slippage, in and out
Result−$722−7.22%+ Points / potential airdropAster: Stage 5 · farm board

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.084%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

LIGHT on 11 exchanges

lowest funding first

Before you open

2 ok · 4 to watch
  • Watch: Thin at this size38.5 / 282.3 bp
    At $10k entering Gate costs 282.3 bp, fee and slippage, 7.3× Aster’s.
  • Note: Margin at max leverage$2,000 + $1,000
    Aster 5x, Gate 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ4h / 8h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$15.24Long Aster: 6 payments, −$18.24; short Gate: 3 payments, +$3.00.
  • OK: Entry gap works for you+0.084% vs −0.002%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$119K vs $1.3M OI
    Aster sets your exit cost. Check its book before closing.
  • OK: Points on a legAster Stage 5
    Volume here counts toward the points program.
  • Watch: KYCAster No · Gate Yes
    KYC before the futures account opens; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0253%/8h × 21 periods−$53.12
Price spread+0.084% → −0.002% (7d avg)+$8.59
Slippage, 4 orderslive order books−$654.57
Fee Aster bp × 2 orders−$8.00
Fee Gate bp × 2 orders−$15.00
Net · 7 days · $10k−$722.11
Costs to cover6.776%Break-evennever at this rate
Slippage: Aster: live order book, 33 min ago; Gate: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGAster6.3038.5 bp−$39doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTGate6.30282.3 bp−$282doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

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