ASTER

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0232%/8h= +25.4% APRnext payment +$0.29 per $10,000 · paid last 24h +0.088%

Price spread now: Lighter against Coinbase International+0.437%7-day average +0.090% · you sell dearer than you buy

Net, funding: paid 7d − costs−$8as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1as in the Price arb table

costs, in and out, $10k−$360.361% of the position

Long on Coinbase International Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.277%+$28 on $10k

Price spread, last 3 days (all we have)−0.222%−$22 · spread now +0.437%, 7d avg +0.090%

Together, before fees+0.055%+ Points / potential airdropLighter: Season 3 · farm board+$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Lighter is 0.347% dearer against Coinbase International than usual: you sell high and buy low: +$35 more if the spread goes back to its 7-day average of +0.090%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International ASTER-PERP-INTX	0.7393	−0.0136	get 0.0017% / 1h	20m 54s	$260K	$840K	50x
Short	Lighter ASTER	0.7426	0.0096	get 0.0012% / 1h	20m 54s	$917K	$872K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee LighterbpOrdersPrice spread, now +0.437%Rate

Funding earned: $48.72
Price spread: +0.437% → +0.090%: $34.67
Slippage, 4 orders: −$26.08
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: $47.31
Costs to cover: 0.361%
Break-even: 0.2 days

Slippage from Coinbase International: live order book, 62 min ago; Lighter: live order book, 59 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 Coinbase International live order book, 62 min ago	4.44 bp	13.5 bp −$13	18.7 bp −$187	doesn't fit	doesn't fit
Sell Lighter live order book, 59 min ago	4.10 bp	5.6 bp −$6	30.0 bp −$300	423.0 bp −$42.3K	doesn't fit

ASTER on 32 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
Coinbase International ASTER-PERP-INTXlong	−0.0136%	1h	0.7393	long leg	$260K	$840K	50x
Aster ASTERUSDT	0.0000%	4h	0.7422	+0.384%	$56.8M	$100.0M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7422	+0.388%	$11K	$87K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7421	+0.378%	$30K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0023%	1h	0.7390	−0.043%	$9	$133K	5.5x	as long as short
dYdX ASTER-USD	+0.0074%	1h	0.7420	+0.364%	$13K	$61	5x	as long as short
Lighter ASTERshort	+0.0096%	1h	0.7426	+0.437%	$917K	$872K	5x
Nado ASTER-PERP	+0.0100%	1h	0.7423	+0.410%	$372K	$274K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7424	+0.423%	$254K	$107K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7421	+0.376%	$90.8M	$107.0M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ASTERUSDT	+0.0100%	4h	0.7419	+0.349%	$49.6M	$21.8M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7421	+0.376%	$12.0M	$18.6M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7423	+0.403%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7420	+0.362%	$34.6M	$16.4M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7421	+0.373%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7421	+0.376%	$18.2M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7421	+0.376%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7421	+0.371%	$264K	$326K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7391	−0.035%	$2.1M	$366K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7400	+0.086%	$464K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7401	+0.106%	$66K	$717K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7422	+0.390%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7431	+0.511%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7421	+0.376%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7420	+0.362%	$243K	$119K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7421	+0.374%	$376K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0111%	4h	0.7395	+0.029%	$213K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0136%	1h	0.7425	+0.430%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0146%	1h	0.7425	+0.435%	$336K	$488K	20x	as long as short
Hyperliquid ASTER	+0.0157%	1h	0.7429	+0.483%	$25.8M	$6.8M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7422	+0.391%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7421	+0.376%	$3.5M	$1.9M	75x	as long as short