Funding you earn now, next payment 02:00 UTC−0.0741%/8h= −81.2% APRpaid last 24h −0.026%
Price spread now: Aster against Lighter+0.150%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.141%−$14 on $10k
+Price spread, last 7 days—no 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 0.150% dearer against Lighter than usual: you sell high and buy low (spread +0.150% now, against zero (this spread has no 7-day history yet)): +$15 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 7 days (−0.141% in total) that is about 7.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.141% in total (about -7.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter MINIMAX | 38.708 | 0.1136 | pay 0.0142% / 1h | 0m 23s | $43K | $26K | 10x |
| Short | Aster MINIMAXUSDT | 38.766 | 0.0395 | get 0.0395% / 8h | 6h 00m | $34K | $150K | 20x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$155.68
- Price spread: +0.150% → 0.000%
- $15.01
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$148.66
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Lighter: no order-book sample; Aster: live order book, 1 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 1 min ago | 30.94 bp | 36.6 bp −$37 | 125.2 bp −$1,252 | doesn't fit | doesn'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.
MINIMAX on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate MINIMAX_USDT | 0.0000% | 8h | 38.710 | +0.005% | $1.4M | $4.9M | 50x | as long as short |
| SunX MINIMAX-USDT | 0.0000% | 4h | 38.650 | −0.150% | $15 | $3.0M | 10x | as long as short |
| HTX MINIMAX-USDT | 0.0000% | 4h | 38.768 | +0.155% | $46K | $215K | 20x | as long as short |
| SoDEX MINIMAX-USD | +0.0050% | 1h | 38.752 | +0.114% | $97K | $4K | 10x | as long as short |
| Aster MINIMAXUSDTshort | +0.0395% | 8h | 38.766 | +0.150% | $34K | $150K | 20x | |
| Aevo MINIMAX-PERP | +0.0432% | 1h | 38.624 | −0.218% | — | — | 10x | as long as short |
| KuCoin MINIMAXUSDTM | +0.0572% | 4h | 38.670 | −0.098% | $98K | $38K | 20x | as long as short |
| edgeX MINIMAXUSDC | +0.0671% | 4h | 38.417 | −0.751% | $29K | $188K | 10x | as long as short |
| Lighter MINIMAXlong | +0.1136% | 1h | 38.708 | long leg | $43K | $26K | 10x | |
| Bybit MINIMAXUSDT | +0.1198% | 8h | 38.650 | −0.150% | $927K | $1.2M | 25x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget MINIMAXUSDT | +0.1271% | 8h | 38.670 | −0.098% | $1.3M | $2.8M | 20x | as long as short |
| Binance MINIMAXUSDT | +0.1275% | 4h | 38.652 | −0.145% | $6.6M | $32.4M | 25x | as long as short |
| Extended MINIMAX-USD | +0.1288% | 1h | 38.664 | −0.114% | $3K | — | 10x | as long as short |
| OKX MINIMAX-USDT-SWAP | +0.1361% | 8h | 38.680 | −0.072% | $2.2M | $8.6M | 20x | as long as short |
| Ondo Perps MINIMAX-USD.P | +0.1986% | 1h | 38.810 | +0.264% | $30K | $38K | 5x | as long as short |
| tradeXYZ xyz:MINIMAX | +0.2080% | 1h | 38.660 | −0.124% | $4.5M | $3.1M | 10x | as long as short |
| GRVT MINIMAX_USDT_Perp | +0.2170% | 4h | 38.426 | −0.728% | $249 | $125K | 10x | as long as short |
Lighter MINIMAX
Aster MINIMAXUSDT
Gate MINIMAX_USDT
SunX MINIMAX-USDT
HTX MINIMAX-USDT
SoDEX MINIMAX-USD
KuCoin MINIMAXUSDTM
edgeX MINIMAXUSDC
Bybit MINIMAXUSDT
Bitget MINIMAXUSDT
Binance MINIMAXUSDT
Extended MINIMAX-USD
OKX MINIMAX-USDT-SWAP
tradeXYZ xyz:MINIMAX
GRVT MINIMAX_USDT_Perp