Settings8H · net · $10k
Funding arb · Price arb /

CC

all CC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0740%/8h= +81.0% APRpaid last 24h +0.215%
Price spread now: Lighter against Aster+0.498%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Lighter is 0.498% dearer against Aster than usual: you sell high and buy low: +$50 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster CCUSDT0.11680.0100pay 0.0050% / 4h43m 52s$34K$32K20x
ShortLighter CC0.11740.0840get 0.0105% / 1h43m 52s$243K$160K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Aster. 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

Funding earned
$155.4
Price spread: +0.498% → 0.000%
$49.77
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
$197.17
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Aster: no order-book sample; Lighter: live order book, 61 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell Lighter live order book, 61 min ago7.66 bp21.2 bp −$21240.7 bp −$2,407doesn't fitdoesn't fit
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.

CC on 19 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective CC/USDC PERP−0.3024%1h0.1180+1.003%$402$3K5.5xas long as short
MEXC CC_USDT−0.0144%4h0.1167−0.119%$1.7M$324K100xas long as short
Bybit CCUSDT−0.0143%4h0.1168−0.033%$10.6M$3.9M25xas long as short
Paradex CC-USD-PERP+0.0097%8h0.1165−0.319%$1K5xas long as short
Hyperliquid CC+0.0100%1h0.1169+0.095%$5.5M$1.4M3xas long as short
Aster CCUSDTlong+0.0100%4h0.1168long leg$34K$32K20x
Binance CCUSDT+0.0100%4h0.1168−0.053%$11.0M$12.1M75xas long as short
OKX CC-USDT-SWAP+0.0100%4h0.1168−0.033%$2.5M$3.4M20xas long as short
Gate CC_USDT+0.0100%4h0.1167−0.101%$361K$216K50xas long as short
KuCoin CCUSDTM+0.0100%4h0.1169+0.035%$482K$122K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CCUSDT+0.0100%4h0.1167−0.144%$911K$775K20xas long as short
BingX CC-USDT+0.0100%4h0.1168−0.067%$6.6Mas long as short
Backpack CC_USDC_PERP+0.0100%1h0.1169+0.035%$15K$22K10xas long as short
Variational Omni CC+0.0100%4h0.1163−0.432%$592K$55Kas long as short
GRVT CC_USDT_Perp+0.0100%4h0.1165−0.306%$89K$2.4M10xas long as short
Derive CC-PERP+0.0100%1h0.1166−0.173%$6K$35K6.7xas long as short
BloFin CC-USDT+0.0340%4h0.1164−0.367%$594K$98K75xas long as short
GMX CC/USD [WBTC.b-USDC]L +0.0447% / S −0.0241%1h0.1168−0.023%$44K50xas long as short
Lighter CCshort+0.0840%1h0.1174+0.498%$243K$160K5x