Settings8H · net · $10k
Funding arb · Price arb /

BE

RWAall BE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h
Price spread now: Aster against Lighter+0.188%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm boardneeds both histories
The price spread pays, funding is against you. Aster is 0.188% dearer against Lighter than usual: you sell high and buy low (spread +0.188% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 20 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter BE271.970.0032pay 0.0004% / 1h32m 10s10x
ShortAster BEUSDT272.480get 0.0000% / 8h2h 32m$343K$116K20x

Funding 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 it
latest
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: +0.188% → 0.000%
$18.8
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
$4.08
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Lighter: no order-book sample; Aster: live order book, 55 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter no order-book sample
Sell Aster live order book, 55 min ago19.37 bp89.1 bp −$89doesn't fitdoesn't fitdoesn't fit
Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

BE on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BEUSDTshort0.0000%8h272.48+0.188%$343K$116K20x
Extended BE-USD0.0000%1h272.20+0.085%$46K$270K10xas long as short
Binance BEUSDT0.0000%8h272.23+0.096%$8.4M$37.4M25xas long as short
Bybit BEUSDT0.0000%8h272.26+0.107%$2.0M$1.2M25xas long as short
OKX BE-USDT-SWAP0.0000%8h272.41+0.162%$2.6M$6.7M25xas long as short
Gate BE_USDT0.0000%8h272.00+0.011%$1.5M$3.8M50xas long as short
Bitget BEUSDT0.0000%8h272.15+0.066%$1.7M$2.7M20xas long as short
GRVT BE_USDT_Perp0.0000%8h272.04+0.026%$7K$202K10xas long as short
SunX BE-USDT0.0000%8h272.05+0.029%$1K$2.6M10xas long as short
HTX BE-USDT0.0000%8h272.13+0.059%$13K$33K20xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BE-PERP-INTX+0.0008%1h272.24+0.099%$467K$121K10xas long as short
Lighter BElong+0.0032%1h271.97long leg10x
Lighter RH BE+0.0032%1h272.14+0.063%$248K$481K10xas long as short
QFEX BE-USD+0.0038%1h272.26+0.107%$1.3M$3.6M10xas long as short
Arcus BE-USD+0.0040%1h272.00+0.011%$114K$134K10xas long as short
Vest BE-USD-PERP+0.0046%1h272.28+0.114%10xas long as short
tradeXYZ xyz:BE+0.0050%1h272.14+0.063%$5.8M$2.9M10xas long as short
KuCoin BEUSDTM+0.0100%8h272.14+0.063%$367K$24K20xas long as short
Aevo BE-PERP+0.0104%1h272.15+0.067%10xas long as short
BloFin BE-USDT+0.0120%8h272.16+0.070%$45K$141K20xas long as short
Deribit BE_USDC-PERPETUAL+0.0559%1h272.28+0.114%$6K$4K10xas long as short