Funding you earn now, next payment 08:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.026%
Price spread now: Lighter against Aster−0.029%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1251.250% of the position
Funding, last 7 days+0.107%+$11 on $10k
+Price spread, last 4 days (all we have)+0.016%+$2 · spread now −0.029%, 7d avg −0.024%
=Together, before fees+0.123%+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm board+$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.024%, 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 | Aster COINUSDT | 196.19 | 0 | get 0.0000% / 8h | 39m 42s | $342K | $890K | 20x |
| Short | Lighter COIN | 196.13 | 0.0032 | get 0.0004% / 1h | 39m 42s | $363K | $2.3M | 10x |
Aster COINUSDT
Lighter COINFunding 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
- $6.72
- Price spread: −0.029% → −0.024%
- −$0.52
- Slippage, 4 orders
- −$116.96
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$118.75
- Costs to cover
- 1.250%
- Break-even
- 130.7 days
Slippage from Aster: live order book, 63 min ago; Lighter: live order book, 2 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, 63 min ago | 50.89 bp | 60.7 bp −$61 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 2 min ago | 0.69 bp | 1.2 bp −$1 | 3.2 bp −$32 | doesn't fit | doesn't fit |
COIN on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 196.38 | +0.096% | $43K | $48K | 30x | as long as short |
| Bitget COINUSDT | −0.0374% | 8h | 196.31 | +0.061% | $6.4M | $10.6M | 20x | as long as short |
| Vest COIN-USD-PERP | −0.0054% | 1h | 196.03 | −0.082% | — | $326K | 25x | as long as short |
| Aster COINUSDTlong | 0.0000% | 8h | 196.19 | long leg | $342K | $890K | 20x | |
| Extended COIN_24_5-USD | 0.0000% | 1h | 196.22 | +0.013% | $106K | $861K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 196.23 | +0.020% | $15.0M | $82.2M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 196.27 | +0.040% | $4.7M | $6.2M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 196.30 | +0.056% | $3.0M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 196.25 | +0.030% | $1.2M | $7.3M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 196.44 | +0.125% | $714K | $974K | — | as long as short |
Injective COIN/USDC PERP
Bitget COINUSDT
Vest COIN-USD-PERP
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 196.44 | +0.128% | $22K | $2.8M | 10x | as long as short |
| edgeX COINUSDC | +0.0032% | 4h | 196.38 | +0.097% | $51K | $294K | 10x | as long as short |
| Lighter COINshort | +0.0032% | 1h | 196.13 | −0.029% | $363K | $2.3M | 10x | |
| Lighter RH COIN | +0.0032% | 1h | 196.13 | −0.031% | $462K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 196.54 | +0.178% | $17K | $58K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 196.10 | −0.046% | $15.2M | $13.0M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 196.22 | +0.015% | $134K | $1.4M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 196.23 | +0.020% | $97 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 196.18 | −0.006% | $446K | $2.8M | 10x | as long as short |
| QFEX COIN-USD | +0.0065% | 1h | 196.29 | +0.050% | $1.3M | $2.9M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 196.00 | −0.097% | $988K | $136K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 196.31 | +0.061% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 196.29 | +0.050% | $568 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 196.25 | +0.031% | $116 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 196.49 | +0.152% | $187K | $437K | 20x | as long as short |
| Phoenix COIN | +0.0163% | 1h | 196.40 | +0.107% | $4K | $283K | 10x | as long as short |
GRVT COIN_USDT_Perp
edgeX COINUSDC
Lighter RH COIN
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
QFEX COIN-USD
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN