Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.088%
Price spread now: Lighter against Aster−0.034%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$228as in the Price arb table
costs, in and out, $10k−$2282.284% of the position
Funding, last 6 days (all we have)−0.230%−$23 on $10k
+Price spread, last 4 days (all we have)−0.068%−$7 · spread now −0.034%, 7d avg −0.037%
=Together, before fees−0.299%+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm board−$30 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster SUSDT | 0.04030 | 0.0100 | pay 0.0050% / 4h | 1h 04m | $48K | $110K | 10x |
| Short | Lighter S | 0.04029 | 0.0096 | get 0.0012% / 1h | 4m 00s | $172K | $139K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Aster. 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: −0.034% → −0.037%
- $0.23
- Slippage, 4 orders
- −$220.35
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$228.96
- Costs to cover
- 2.284%
- Break-even
- never at this rate
Slippage from Aster: live order book, 37 min ago; Lighter: live order book, 21 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 Aster live order book, 37 min ago | 14.78 bp | 144.9 bp −$145 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 21 min ago | 11.10 bp | 23.5 bp −$23 | 96.6 bp −$966 | doesn't fit | doesn't fit |
S on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SUSD | −0.7632% | 1h | 0.03950 | −1.994% | $24K | $2K | 5x | as long as short |
| Kraken Futures PF_SUSD | −0.2396% | 1h | 0.04024 | −0.157% | $35K | $16K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1120% | 1h | 0.03961 | −1.721% | $48K | $16K | 25x | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0206% / S +0.0198% | 1h | 0.04026 | −0.101% | $1K | — | 100x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.04021 | −0.237% | $4 | — | 15x | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.04025 | −0.138% | $620 | — | 150x | as long as short |
| Variational Omni S | +0.0010% | 4h | 0.04022 | −0.201% | $625K | $22K | — | as long as short |
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | +1.727% | $2K | $37K | 12x | as long as short |
| Orderly PERP_S_USDC | +0.0086% | 4h | 0.04024 | −0.158% | $100K | $591K | 10x | as long as short |
| Lighter Sshort | +0.0096% | 1h | 0.04029 | −0.034% | $172K | $139K | 5x |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid S | +0.0100% | 1h | 0.04026 | −0.114% | $1.0M | $579K | 5x | as long as short |
| Aster SUSDTlong | +0.0100% | 4h | 0.04030 | long leg | $48K | $110K | 10x | |
| Binance SUSDT | +0.0100% | 4h | 0.04030 | 0.000% | $5.7M | $13.6M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.04027 | −0.084% | $5.7M | $4.1M | 50x | as long as short |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.04030 | −0.010% | $1.0M | $3.7M | 20x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.04024 | −0.158% | $327K | $179K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.04028 | −0.059% | $4.1M | $1.8M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.04022 | −0.208% | $1.8M | $2.8M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.04029 | −0.034% | $1.2M | $2.3M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.04028 | −0.059% | — | $6.8M | — | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.04040 | +0.239% | $23K | $487K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.04026 | −0.100% | $232K | $396K | 10x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.04029 | −0.034% | $280K | $115K | 75x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.0744% | 1h | 0.04030 | −0.010% | $68K | $10K | 10x | as long as short |
| Backpack S_USDC_PERP | +0.1784% | 1h | 0.04030 | −0.010% | $117K | $426K | 5x | as long as short |
Aster SUSDT
Lighter S
01 Exchange SUSD
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
GMX S/USD [WBTC.b-USDC]
gTrade (Gains Network) S/USD
Variational Omni S
Injective S/USDC PERP
Hyperliquid S
Binance SUSDT
Bybit SUSDT
OKX S-USDT-SWAP
Gate S_USDT
MEXC S_USDT
KuCoin SUSDTM
Bitget SUSDT
BingX S-USDT
ApeX Omni SUSDT
Extended S-USD
BloFin S-USDT
Deribit S_USDC-PERPETUAL
Backpack S_USDC_PERP