Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.009%
Price spread now: Lighter against Aster+0.071%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$775as in the Price arb table
costs, in and out, $10k−$7797.787% of the position
Funding, last 5 days (all we have)+0.013%+$1 on $10k
+Price spread, last 4 days (all we have)−0.053%−$5 · spread now +0.071%, 7d avg +0.037%
=Together, before fees−0.040%+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm board−$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.034% dearer against Aster than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.037%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster SPXUSDT | 0.5028 | 0.0100 | pay 0.0050% / 4h | 2h 15m | $124K | $97K | 10x |
| Short | Lighter SPX | 0.5032 | 0.0096 | get 0.0012% / 1h | 15m 07s | $116K | $319K | 5x |
Aster SPXUSDT
Lighter SPXFunding 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: +0.071% → +0.037%
- $3.38
- Slippage, 4 orders
- −$770.66
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$776.12
- Costs to cover
- 7.787%
- Break-even
- never at this rate
Slippage from Aster: live order book, 6 min ago; Lighter: live order book, 68 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, 6 min ago | 15.86 bp | 711.2 bp −$711 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 68 min ago | 20.35 bp | 20.3 bp −$20 | 63.5 bp −$635 | doesn't fit | doesn't fit |
SPX on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SPXUSD | −0.0413% | 1h | 0.5029 | +0.012% | $233K | $560K | 20x | as long as short |
| Injective SPX/USDC PERP | +0.0033% | 1h | 0.4979 | −0.977% | $9 | $4K | 5.5x | as long as short |
| Lighter SPXshort | +0.0096% | 1h | 0.5032 | +0.071% | $116K | $319K | 5x | |
| Hyperliquid SPX | +0.0100% | 1h | 0.5032 | +0.071% | $9.8M | $7.2M | 5x | as long as short |
| Aster SPXUSDTlong | +0.0100% | 4h | 0.5028 | long leg | $124K | $97K | 10x | |
| Binance SPXUSDT | +0.0100% | 4h | 0.5027 | −0.025% | $5.0M | $19.5M | 75x | as long as short |
| Bybit SPXUSDT | +0.0100% | 4h | 0.5026 | −0.043% | $11.7M | $15.5M | 50x | as long as short |
| OKX SPX-USDT-SWAP | +0.0100% | 4h | 0.5026 | −0.043% | $975K | $2.6M | 20x | as long as short |
| Gate SPX_USDT | +0.0100% | 4h | 0.5024 | −0.083% | $1.0M | $477K | 50x | as long as short |
| MEXC SPX_USDT | +0.0100% | 4h | 0.5029 | +0.017% | $11.5M | $4.6M | 100x | as long as short |
Kraken Futures PF_SPXUSD
Injective SPX/USDC PERP
Hyperliquid SPX
Binance SPXUSDT
Bybit SPXUSDT
OKX SPX-USDT-SWAP
Gate SPX_USDT
MEXC SPX_USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SPXUSDTM | +0.0100% | 4h | 0.5029 | +0.017% | $3.8M | $5.2M | 50x | as long as short |
| Bitget SPXUSDT | +0.0100% | 4h | 0.5034 | +0.116% | $2.6M | $1.4M | 50x | as long as short |
| BingX SPX-USDT | +0.0100% | 4h | 0.5034 | +0.116% | — | $6.9M | — | as long as short |
| Variational Omni SPX | +0.0100% | 4h | 0.5025 | −0.057% | $876K | $1.3M | — | as long as short |
| ApeX Omni SPXUSDT | +0.0100% | 1h | 0.5037 | +0.176% | $45K | $248K | 25x | as long as short |
| Orderly PERP_SPX_USDC | +0.0100% | 4h | 0.5033 | +0.096% | $20K | $711 | 10x | as long as short |
| SunX SPX-USDT | +0.0100% | 4h | 0.5015 | −0.262% | $8K | $1.6M | 20x | as long as short |
| Extended SPX-USD | +0.0104% | 1h | 0.5027 | −0.026% | $34K | $226K | 10x | as long as short |
| BloFin SPX-USDT | +0.0340% | 4h | 0.5029 | +0.017% | $250K | $913K | 75x | as long as short |
KuCoin SPXUSDTM
Bitget SPXUSDT
BingX SPX-USDT
Variational Omni SPX
ApeX Omni SPXUSDT
Orderly PERP_SPX_USDC
SunX SPX-USDT
Extended SPX-USD
BloFin SPX-USDT