Funding you earn now, next payment 01:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.053%
Price spread now: Aster against Lighter−0.115%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.115%−$11 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
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.115% cheaper against Lighter than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ZHIPU | 105.66 | 0.0032 | pay 0.0004% / 1h | 29m 41s | $112K | $19K | 10x |
| Short | Aster ZHIPUUSDT | 105.54 | 0 | get 0.0000% / 8h | 7h 29m | $54K | $51K | 20x |
Lighter ZHIPU
Aster ZHIPUUSDTFunding 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: −0.115% → 0.000%
- −$11.46
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$26.18
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 25 min ago; Aster: no order-book sample. 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 live order book, 25 min ago | 13.25 bp | 44.6 bp −$45 | 69.2 bp −$692 | doesn't fit | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
Aster: 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.
ZHIPU 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ZHIPUUSDTshort | 0.0000% | 8h | 105.54 | −0.115% | $54K | $51K | 20x | |
| Gate ZHIPU_USDT | 0.0000% | 8h | 105.85 | +0.180% | $2.9M | $13.1M | 50x | as long as short |
| SunX ZHIPU-USDT | 0.0000% | 4h | 105.73 | +0.066% | $1K | $1.2M | 10x | as long as short |
| HTX ZHIPU-USDT | 0.0000% | 4h | 105.59 | −0.066% | $19K | $314K | 20x | as long as short |
| Lighter ZHIPUlong | +0.0032% | 1h | 105.66 | long leg | $112K | $19K | 10x | |
| Bybit ZHIPUUSDT | +0.0048% | 8h | 105.79 | +0.123% | $314K | $1.4M | 25x | as long as short |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 105.58 | −0.076% | $37K | $3K | 10x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 105.70 | +0.034% | $23K | $20 | 3x | as long as short |
| KuCoin ZHIPUUSDTM | +0.0100% | 4h | 105.65 | −0.009% | $41K | $129K | 20x | as long as short |
| Aevo ZHIPU-PERP | +0.0104% | 1h | 105.60 | −0.059% | — | — | 10x | as long as short |
Gate ZHIPU_USDT
SunX ZHIPU-USDT
HTX ZHIPU-USDT
Bybit ZHIPUUSDT
SoDEX ZHIPU-USD
Nado ZHIPU-PERP
KuCoin ZHIPUUSDTM
Aevo ZHIPU-PERPShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZHIPU-USDT-SWAP | +0.0134% | 8h | 105.95 | +0.274% | $5.0M | $18.6M | 25x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0143% | 8h | 105.58 | −0.076% | $54 | $266 | 10x | as long as short |
| Bitget ZHIPUUSDT | +0.0165% | 8h | 105.74 | +0.076% | $1.7M | $4.5M | 20x | as long as short |
| tradeXYZ xyz:ZHIPU | +0.0268% | 1h | 105.70 | +0.038% | $29.0M | $7.9M | 10x | as long as short |
| Binance ZHIPUUSDT | +0.0471% | 4h | 105.64 | −0.021% | $21.1M | $56.9M | 25x | as long as short |
| edgeX ZHIPUUSDC | +0.0827% | 4h | 105.70 | +0.039% | $21K | $151K | 10x | as long as short |
| Ondo Perps ZHIPU-USD.P | +0.0916% | 1h | 105.71 | +0.047% | $37K | $22K | 5x | as long as short |
OKX ZHIPU-USDT-SWAP
Orderly PERP_ZHIPU_USDC_mythos
Bitget ZHIPUUSDT
tradeXYZ xyz:ZHIPU
Binance ZHIPUUSDT
edgeX ZHIPUUSDC
Ondo Perps ZHIPU-USD.P