Funding you earn now, next payment 23:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.039%
Price spread now: Aster against Lighter+0.028%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$166as in the Funding arb table
Net, price: spread back to 7d avg − costs−$155as in the Price arb table
costs, in and out, $10k−$1561.556% of the position
Funding, last 7 days−0.103%−$10 on $10k
+Price spread, last 4 days (all we have)−0.020%−$2 · spread now +0.028%, 7d avg +0.022%
=Together, before fees−0.123%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board−$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.022%, 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 COIN | 201.50 | 0.0032 | pay 0.0004% / 1h | 28m 49s | $367K | $2.0M | 10x |
| Short | Aster COINUSDT | 201.56 | 0 | get 0.0000% / 8h | 1h 28m | $370K | $839K | 20x |
Lighter COIN
Aster COINUSDTFunding 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 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: +0.028% → +0.022%
- $0.61
- Slippage, 4 orders
- −$147.63
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$161.74
- Costs to cover
- 1.556%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 3 min ago; Aster: live order book, 54 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 live order book, 3 min ago | 0.62 bp | 0.6 bp −$1 | 2.3 bp −$23 | doesn't fit | doesn't fit |
| Sell Aster live order book, 54 min ago | 52.14 bp | 63.5 bp −$63 | doesn't fit | 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 | 200.90 | −0.300% | $44K | $49K | 30x | as long as short |
| Aster COINUSDTshort | 0.0000% | 8h | 201.56 | +0.028% | $370K | $839K | 20x | |
| Extended COIN_24_5-USD | 0.0000% | 1h | 201.50 | 0.000% | $119K | $446K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 201.54 | +0.018% | $15.6M | $76.8M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 201.49 | −0.007% | $5.0M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 201.51 | +0.003% | $3.3M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 201.51 | +0.003% | $1.3M | $6.9M | 50x | as long as short |
| Bitget COINUSDT | 0.0000% | 8h | 201.61 | +0.053% | $6.9M | $9.9M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 201.63 | +0.062% | $799K | $1.0M | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 201.66 | +0.078% | $16K | $2.0M | 10x | as long as short |
Injective COIN/USDC PERP
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Bitget COINUSDT
Variational Omni COIN
GRVT COIN_USDT_PerpShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX COIN-USD | +0.0016% | 1h | 201.37 | −0.066% | $1.4M | $3.9M | 10x | as long as short |
| Lighter COINlong | +0.0032% | 1h | 201.50 | long leg | $367K | $2.0M | 10x | |
| Lighter RH COIN | +0.0032% | 1h | 201.47 | −0.017% | $434K | $1.8M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 201.54 | +0.018% | $16K | $55K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 201.30 | −0.101% | — | $513K | 25x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 201.45 | −0.027% | $16.3M | $13.1M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 201.30 | −0.101% | $146K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 201.41 | −0.047% | $87 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 201.38 | −0.062% | $362K | $3.3M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 201.51 | +0.003% | $1.0M | $145K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 201.80 | +0.147% | $91K | $346K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 201.46 | −0.022% | $583 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 201.36 | −0.071% | $119 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 201.59 | +0.043% | $199K | $341K | 20x | as long as short |
| Phoenix COIN | +0.0198% | 1h | 201.52 | +0.008% | $5K | $281K | 10x | as long as short |
| edgeX COINUSDC | +0.0698% | 4h | 201.78 | +0.139% | $52K | $294K | 10x | as long as short |
QFEX COIN-USD
Lighter RH COIN
Arcus COIN-USD
Vest COIN-USD-PERP
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC