Funding arb · Price arb / Crypto
LIGHT
All LIGHT markets →
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2339 | +0.0100 | pay 0.0050% / 4h | 1h 55m | $133K | $711K | 5x | Long Aster≤10% back | |
| SHORT | 0.2321 | +0.0100 | get 0.0050% / 4h | 1h 55m | $7K | $103K | 50x | Short Variational Omni+15% pts |
Price gap−0.799%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is 0.680% under its 7d average: the price leg works against you, −$68 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$300.0000% /8h now · paid −0.298% over the last 7D
Price−$68spread −0.799% now, avg −0.119% → −0.680% if it goes back
Costs−$5435.434% of $10k · taker + slippage, in and out
Result−$641−6.41%+ Points / potential airdropAster: Stage 5 · Variational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.799%
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
/8hLIGHT on 11 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Thin at this size48.3 / 300.4 bpAt $10k entering Variational Omni costs 300.4 bp, fee and slippage, 6.2× Aster’s.
- Note: Margin at max leverage$2,000 + $200Aster 5x, Variational Omni 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: $0.00Long Aster: 6 payments, −$3.00; short Variational Omni: 6 payments, +$3.00.
- Watch: Gap narrower than usual−0.799% vs −0.119%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$7K vs $133K OIVariational Omni sets your exit cost. Check its book before closing.
- OK: Points on a legAster Stage 5 · Variational Omni pointsVolume here counts toward the points program.
- OK: No KYC on either legAster No · Variational Omni NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0142%/8h × 21 periods−$29.77
Price spread−0.799% → −0.119% (7d avg)−$68.01
Slippage, 4 orderslive order books−$535.44
Fee Aster bp × 2 orders−$8.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$641.22
Costs to cover5.434%Break-evennever at this rate
Slippage: Aster: live order book, 46 min ago; Variational Omni: RFQ quote, 22 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAster8.5648.3 bp−$48doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTVariational Omni6.48300.4 bp−$300581.4 bp−$5,814doesn’t fitdoesn’t fit
Closing costs about the same again.