Funding you earn now, next payment 10:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: Aster against Lighter RH+0.141%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$227as in the Funding arb table
Net, price: spread back to 7d avg − costs−$206as in the Price arb table
costs, in and out, $10k−$2192.190% of the position
Funding, last 7 days−0.077%−$8 on $10k
+Price spread, last 4 days (all we have)−0.080%−$8 · spread now +0.141%, 7d avg +0.010%
=Together, before fees−0.157%+ Points / potential airdropLighter RH: Points live · Aster: Stage 5 · farm board−$16 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.131% dearer against Lighter RH than usual: you sell high and buy low (spread +0.141% now, against its 7-day average of +0.010%): +$13 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 14 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH COIN | 197.18 | 0.0032 | pay 0.0004% / 1h | 55m 40s | $471K | $1.2M | 10x |
| Short | Aster COINUSDT | 197.46 | 0 | get 0.0000% / 8h | 6h 55m | $344K | $879K | 20x |
Lighter RH COIN
Aster COINUSDTFunding 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: +0.141% → +0.010%
- $13.09
- Slippage, 4 orders
- −$210.99
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$212.62
- Costs to cover
- 2.190%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 2 min ago; Aster: live order book, 37 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, 2 min ago | 4.80 bp | 5.9 bp −$6 | 12.2 bp −$122 | doesn't fit | doesn't fit |
| Sell Aster live order book, 37 min ago | 45.07 bp | 63.3 bp −$63 | 98.6 bp −$986 | 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 | 197.14 | −0.020% | $17K | $224K | 30x | as long as short |
| Ondo Perps COIN-USD.P | −0.0165% | 1h | 196.95 | −0.117% | $380K | $2.3M | 10x | as long as short |
| tradeXYZ xyz:COIN | −0.0036% | 1h | 197.10 | −0.041% | $14.8M | $12.3M | 10x | as long as short |
| Vest COIN-USD-PERP | −0.0018% | 1h | 197.61 | +0.218% | — | $322K | 25x | as long as short |
| Aster COINUSDTshort | 0.0000% | 8h | 197.46 | +0.141% | $344K | $879K | 20x | |
| Bybit COINUSDT | 0.0000% | 8h | 197.18 | 0.000% | $4.6M | $5.7M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 197.04 | −0.071% | $3.1M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 197.51 | +0.167% | $1.2M | $6.5M | 50x | as long as short |
| Bitget COINUSDT | 0.0000% | 8h | 197.11 | −0.036% | $6.4M | $10.0M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 197.57 | +0.196% | $670K | $831K | — | as long as short |
Injective COIN/USDC PERP
Ondo Perps COIN-USD.P
tradeXYZ xyz:COIN
Vest COIN-USD-PERP
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Bitget COINUSDT
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 | 198.26 | +0.548% | $14K | $3.0M | 10x | as long as short |
| Binance COINUSDT | +0.0016% | 8h | 197.17 | −0.003% | $14.6M | $79.1M | 20x | as long as short |
| Extended COIN_24_5-USD | +0.0024% | 1h | 197.35 | +0.088% | $105K | $848K | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 197.18 | 0.000% | $349K | $2.0M | 10x | as long as short |
| Lighter RH COINlong | +0.0032% | 1h | 197.18 | long leg | $471K | $1.2M | 10x | |
| QFEX COIN-USD | +0.0036% | 1h | 197.69 | +0.259% | $1.3M | $2.7M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 197.20 | +0.010% | $17K | $37K | 5x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 197.67 | +0.249% | $138K | $1.4M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.57 | +0.198% | $80 | $3K | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.34 | +0.081% | $931K | $228K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 198.00 | +0.416% | $89K | $280K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 197.75 | +0.289% | $572 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.67 | +0.248% | $117 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0108% | 8h | 197.91 | +0.370% | $190K | $489K | 20x | as long as short |
| Phoenix COIN | +0.0164% | 1h | 198.21 | +0.522% | $5K | $253K | 10x | as long as short |
| edgeX COINUSDC | +0.0632% | 4h | 198.03 | +0.429% | $51K | $293K | 10x | as long as short |
GRVT COIN_USDT_Perp
Binance COINUSDT
Extended COIN_24_5-USD
Lighter COIN
QFEX COIN-USD
Arcus COIN-USD
Polymarket Perps COIN-USD
SoDEX COIN-USD
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC