Funding you earn now, next payment 06:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: Aster against Lighter RH+0.053%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$407as in the Funding arb table
Net, price: spread back to 7d avg − costs−$400as in the Price arb table
costs, in and out, $10k−$4004.003% of the position
Funding, last 7 days−0.072%−$7 on $10k
+Price spread, last 4 days (all we have)−0.008%−$1 · spread now +0.053%, 7d avg +0.055%
=Together, before fees−0.079%+ Points / potential airdropLighter RH: Points live · Aster: Stage 5 · farm board−$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.055%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH BE | 271.66 | 0.0032 | pay 0.0004% / 1h | 15m 57s | $242K | $300K | 10x |
| Short | Aster BEUSDT | 271.80 | 0 | get 0.0000% / 8h | 2h 15m | $341K | $121K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Lighter RH. 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: +0.053% → +0.055%
- −$0.22
- Slippage, 4 orders
- −$392.28
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$407.22
- Costs to cover
- 4.003%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 31 min ago; Aster: live order book, 31 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 RH live order book, 31 min ago | 3.86 bp | 6.1 bp −$6 | 17.6 bp −$176 | doesn't fit | doesn't fit |
| Sell Aster live order book, 31 min ago | 29.96 bp | 51.8 bp −$52 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget BEUSDT | −0.0124% | 8h | 271.67 | +0.004% | $1.6M | $2.6M | 20x | as long as short |
| Aster BEUSDTshort | 0.0000% | 8h | 271.80 | +0.053% | $341K | $121K | 20x | |
| Extended BE-USD | 0.0000% | 1h | 271.64 | −0.009% | $46K | $258K | 10x | as long as short |
| Binance BEUSDT | 0.0000% | 8h | 271.73 | +0.024% | $8.2M | $37.3M | 25x | as long as short |
| OKX BE-USDT-SWAP | 0.0000% | 8h | 271.85 | +0.070% | $2.6M | $6.9M | 25x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 271.70 | +0.015% | $1.4M | $3.3M | 50x | as long as short |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 271.69 | +0.011% | $6K | $158K | 10x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 272.11 | +0.166% | $914 | $2.3M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 271.81 | +0.055% | $13K | $35K | 20x | as long as short |
| Bybit BEUSDT | +0.0006% | 8h | 271.73 | +0.026% | $2.0M | $1.2M | 25x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX BE-USD | +0.0024% | 1h | 271.68 | +0.007% | $1.3M | $2.5M | 10x | as long as short |
| Lighter BE | +0.0032% | 1h | 271.57 | −0.033% | — | — | 10x | as long as short |
| Lighter RH BElong | +0.0032% | 1h | 271.66 | long leg | $242K | $300K | 10x | |
| Arcus BE-USD | +0.0040% | 1h | 271.56 | −0.037% | $113K | $109K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 271.60 | −0.022% | — | — | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0050% | 1h | 271.54 | −0.044% | $5.9M | $2.8M | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0056% | 1h | 270.59 | −0.394% | $473K | $134K | 10x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 271.66 | 0.000% | $367K | $18K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 271.78 | +0.043% | — | — | 10x | as long as short |
| BloFin BE-USDT | +0.0120% | 8h | 272.14 | +0.177% | $45K | $146K | 20x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0376% | 1h | 271.78 | +0.044% | $6K | $4K | 10x | as long as short |
Lighter RH BE
Aster BEUSDT
Bitget BEUSDT
Extended BE-USD
Binance BEUSDT
OKX BE-USDT-SWAP
Gate BE_USDT
GRVT BE_USDT_Perp
SunX BE-USDT
HTX BE-USDT
Bybit BEUSDT
Lighter BE
tradeXYZ xyz:BE
Coinbase International BE-PERP-INTX
KuCoin BEUSDTM
BloFin BE-USDT
Deribit BE_USDC-PERPETUAL