Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Aster against Lighter+0.007%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$790.792% of the position
Funding, last 7 days+0.021%+$2 on $10k
+Price spread, last 4 days (all we have)−0.026%−$3 · spread now +0.007%, 7d avg −0.006%
=Together, before fees−0.005%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board−$1 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter OP | 0.1272 | 0.0096 | pay 0.0012% / 1h | 30m 49s | $280K | $940K | 15x |
| Short | Aster OPUSDT | 0.1272 | 0.0100 | get 0.0100% / 8h | 4h 30m | $212K | $219K | 10x |
Lighter OP
Aster OPUSDTFunding 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
- $0.84
- Price spread: +0.007% → −0.006%
- $1.37
- Slippage, 4 orders
- −$71.17
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$76.97
- Costs to cover
- 0.792%
- Break-even
- 648.4 days
Slippage from Lighter: live order book, 24 min ago; Aster: live order book, 26 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, 24 min ago | 8.27 bp | 9.1 bp −$9 | 38.2 bp −$382 | doesn't fit | doesn't fit |
| Sell Aster live order book, 26 min ago | 7.47 bp | 17.5 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
OP on 30 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective OP/USDC PERP | −0.1607% | 1h | 0.1252 | −1.565% | $35K | $58K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1065% / S +0.0229% | 1h | 0.1271 | −0.042% | $13K | — | 100x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1271 | −0.089% | $39K | $519 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1271 | −0.071% | $42K | $141K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1272 | −0.017% | — | — | 150x | as long as short |
| OKX OP-USDT-SWAP | +0.0043% | 8h | 0.1273 | +0.110% | $6.2M | $29.0M | 50x | as long as short |
| Variational Omni OP | +0.0053% | 8h | 0.1271 | −0.108% | $225K | $48K | — | as long as short |
| Orderly PERP_OP_USDC | +0.0054% | 8h | 0.1271 | −0.071% | $6K | $45K | 10x | as long as short |
| Lighter OPlong | +0.0096% | 1h | 0.1272 | long leg | $280K | $940K | 15x | |
| Hyperliquid OP | +0.0100% | 1h | 0.1273 | +0.118% | $3.7M | $2.8M | 5x | as long as short |
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
dYdX OP-USD
Deribit OP_USDC-PERPETUAL
gTrade (Gains Network) OP/USD
OKX OP-USDT-SWAP
Variational Omni OP
Orderly PERP_OP_USDC
Hyperliquid OPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster OPUSDTshort | +0.0100% | 8h | 0.1272 | +0.007% | $212K | $219K | 10x | |
| Binance OPUSDT | +0.0100% | 8h | 0.1274 | +0.143% | $20.6M | $60.5M | 75x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1273 | +0.079% | $18.7M | $25.2M | 75x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1274 | +0.197% | $2.0M | $1.4M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1274 | +0.157% | $21.5M | $7.2M | 300x | as long as short |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1273 | +0.086% | $2.9M | $6.6M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1273 | +0.086% | $5.9M | $6.5M | 75x | as long as short |
| BingX OP-USDT | +0.0100% | 8h | 0.1273 | +0.126% | — | $6.3M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1271 | −0.039% | $124K | $200K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1257 | −1.205% | $4K | $388K | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1257 | −1.189% | $314K | $5.1M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1261 | −0.857% | $43K | $710K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1271 | −0.047% | $202 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1272 | −0.031% | $175K | $232K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1272 | +0.038% | $102K | $391K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1271 | −0.051% | $3K | $1K | 3x | as long as short |
| Coinbase International OP-PERP-INTX | +0.0168% | 1h | 0.1262 | −0.778% | $24K | $69K | 50x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1271 | −0.102% | $1.0M | $280K | 75x | as long as short |
| Kraken Futures PF_OPUSD | +0.0346% | 1h | 0.1271 | −0.033% | $792K | $566K | 20x | as long as short |
| Reya OPRUSDPERP | +0.0441% | 1h | 0.1271 | −0.044% | $707 | — | 20x | as long as short |
Binance OPUSDT
Bybit OPUSDT
Gate OP_USDT
MEXC OP_USDT
KuCoin OPUSDTM
Bitget OPUSDT
BingX OP-USDT
Backpack OP_USDC_PERP
edgeX OPUSDC
GRVT OP_USDT_Perp
ApeX Omni OPUSDT
SoDEX OP-USD
HTX OP-USDT
Extended OP-USD
Aevo OP-PERP
Coinbase International OP-PERP-INTX
BloFin OP-USDT
Kraken Futures PF_OPUSD
Reya OPRUSDPERP