ASTER

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.07 per $10,000 · paid last 24h −0.040%

Price spread now: Kraken Futures against Lighter−0.028%7-day average −0.037% · you buy dearer than you sell

Net, funding: paid 7d − costs−$112as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$500.495% of the position

Long on Lighter Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.622%−$62 on $10k

Price spread, last 4 days (all we have)−0.007%−$1 · spread now −0.028%, 7d avg −0.037%

Together, before fees−0.629%+ Points / potential airdropLighter: Season 3 · farm board−$63 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.037%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter ASTER	0.7364	0.0096	pay 0.0012% / 1h	48m 40s	$891K	$952K	5x
Short	Kraken Futures PF_ASTERUSD	0.7362	0.0042	get 0.0005% / 1h	48m 40s	$343K	$667K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Lighter. 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 LighterbpFee Kraken FuturesbpOrdersPrice spread, now −0.028%Rate

Funding earned: −$11.31
Price spread: −0.028% → −0.037%: $0.93
Slippage, 4 orders: −$39.53
Fee Lighter: 0 bp × 2 orders: $0
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$59.9
Costs to cover: 0.495%
Break-even: never at this rate

Slippage from Lighter: live order book, 56 min ago; Kraken Futures: 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 Lighter live order book, 56 min ago	5.03 bp	7.0 bp −$7	28.2 bp −$282	422.5 bp −$42.2K	doesn't fit
Sell Kraken Futures live order book, 59 min ago	4.13 bp	15.2 bp −$15	32.5 bp −$325	doesn't fit	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-INTX	−0.0024%	1h	0.7361	−0.052%	$263K	$1.3M	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7361	−0.048%	$52.7M	$116.2M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7363	−0.023%	$15K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7360	−0.064%	$11K	$72K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7360	−0.056%	$24K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.348%	$9	$133K	5.5x	as long as short
Kraken Futures PF_ASTERUSDshort	+0.0042%	1h	0.7362	−0.028%	$343K	$667K	20x
Orderly PERP_ASTER_USDC	+0.0058%	4h	0.7359	−0.073%	$13K	$1K	10x	as long as short
Lighter ASTERlong	+0.0096%	1h	0.7364	long leg	$891K	$952K	5x
Nado ASTER-PERP	+0.0100%	1h	0.7364	+0.001%	$341K	$297K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica ASTER	+0.0100%	1h	0.7362	−0.029%	$261K	$111K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7361	−0.042%	$93.1M	$131.1M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7361	−0.046%	$49.6M	$26.4M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7363	−0.019%	$12.6M	$22.3M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7361	−0.046%	$6.3M	$5.9M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7361	−0.046%	$35.4M	$20.9M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7359	−0.067%	$10.9M	$3.3M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7361	−0.046%	$17.9M	$8.6M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7358	−0.087%	—	$9.9M	—	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7370	+0.080%	$2.1M	$393K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7372	+0.106%	$455K	$4.2M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7370	+0.076%	$100K	$737K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7369	+0.062%	$2K	$1.8M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7359	−0.073%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7364	−0.005%	$246K	$201K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7357	−0.103%	$369K	$653K	25x	as long as short
edgeX ASTERUSDC	+0.0110%	4h	0.7366	+0.016%	$215K	$2.2M	10x	as long as short
01 Exchange ASTERUSD	+0.0192%	1h	0.7363	−0.019%	$6K	$7K	10x	as long as short
Hyperliquid ASTER	+0.0285%	1h	0.7369	+0.057%	$25.2M	$8.2M	5x	as long as short
Backpack ASTER_USDC_PERP	+0.0300%	1h	0.7367	+0.037%	$210K	$501K	10x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7361	−0.049%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7363	−0.019%	$3.6M	$2.1M	75x	as long as short