Funding you earn now, next payment 03:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter RH against Aster+0.069%7-day average −0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$397as in the Funding arb table
Net, price: spread back to 7d avg − costs−$391as in the Price arb table
costs, in and out, $10k−$4044.040% of the position
Funding, last 7 days+0.072%+$7 on $10k
+Price spread, last 4 days (all we have)−0.148%−$15 · spread now +0.069%, 7d avg −0.056%
=Together, before fees−0.076%+ Points / potential airdropAster: Stage 5 · Lighter RH: Points live · farm board−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter RH is 0.126% dearer against Aster than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.056%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster BEUSDT | 274.96 | 0 | get 0.0000% / 8h | 5h 37m | $346K | $119K | 20x |
| Short | Lighter RH BE | 275.15 | 0.0032 | get 0.0004% / 1h | 37m 43s | $251K | $289K | 10x |
Aster BEUSDT
Lighter RH BEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- $6.72
- Price spread: +0.069% → −0.056%
- $12.56
- Slippage, 4 orders
- −$396.05
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$384.77
- Costs to cover
- 4.040%
- Break-even
- 407.8 days
Slippage from Aster: live order book, 24 min ago; Lighter RH: live order book, 24 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, 24 min ago | 53.16 bp | 336.2 bp −$336 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 24 min ago | 4.37 bp | 4.4 bp −$4 | 14.4 bp −$144 | doesn't fit | doesn't fit |
BE on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BEUSDTlong | 0.0000% | 8h | 274.96 | long leg | $346K | $119K | 20x | |
| Bybit BEUSDT | 0.0000% | 8h | 275.09 | +0.047% | $2.0M | $1.1M | 25x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 274.90 | −0.022% | $1.5M | $3.3M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 275.07 | +0.040% | $1.7M | $2.6M | 20x | as long as short |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 274.94 | −0.008% | $7K | $167K | 10x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 274.92 | −0.014% | $959 | $2.4M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 275.05 | +0.033% | $13K | $34K | 20x | as long as short |
| QFEX BE-USD | +0.0012% | 1h | 275.19 | +0.084% | $1.3M | $2.9M | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0016% | 1h | 273.08 | −0.684% | $473K | $130K | 10x | as long as short |
| Lighter BE | +0.0032% | 1h | 275.00 | +0.015% | — | — | 10x | as long as short |
Bybit BEUSDT
Gate BE_USDT
Bitget BEUSDT
GRVT BE_USDT_Perp
SunX BE-USDT
HTX BE-USDT
QFEX BE-USD
Coinbase International BE-PERP-INTX
Lighter BEShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH BEshort | +0.0032% | 1h | 275.15 | +0.069% | $251K | $289K | 10x | |
| Arcus BE-USD | +0.0040% | 1h | 274.78 | −0.065% | $115K | $109K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 275.21 | +0.091% | — | — | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0050% | 1h | 275.01 | +0.018% | $5.9M | $2.8M | 10x | as long as short |
| Binance BEUSDT | +0.0071% | 8h | 275.19 | +0.084% | $8.4M | $36.2M | 25x | as long as short |
| Extended BE-USD | +0.0072% | 1h | 275.13 | +0.061% | $46K | $262K | 10x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 275.14 | +0.066% | $372K | $22K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 275.15 | +0.068% | — | — | 10x | as long as short |
| OKX BE-USDT-SWAP | +0.0123% | 8h | 275.37 | +0.149% | $2.6M | $6.7M | 25x | as long as short |
| BloFin BE-USDT | +0.0193% | 8h | 275.01 | +0.018% | $45K | $141K | 20x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0223% | 1h | 275.16 | +0.073% | $7K | $4K | 10x | as long as short |
Arcus BE-USD
Vest BE-USD-PERP
tradeXYZ xyz:BE
Binance BEUSDT
Extended BE-USD
KuCoin BEUSDTM
Aevo BE-PERP
OKX BE-USDT-SWAP
BloFin BE-USDT
Deribit BE_USDC-PERPETUAL