Funding you earn now, next payment 01:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h —
Price spread now: Aster against Lighter−0.024%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—no history yet
+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 0.024% cheaper against Lighter than usual: you would sell low and buy high (−$2 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 ARM | 330.06 | 0.0032 | pay 0.0004% / 1h | 0m 33s | — | — | 10x |
| Short | Aster ARMUSDT | 329.98 | 0 | get 0.0000% / 8h | 7h 00m | $7K | $126K | 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
- −$6.72
- Price spread: −0.024% → 0.000%
- −$2.36
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$17.08
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Lighter: no order-book sample; Aster: live order book, 5 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, 5 min ago | 45.82 bp | 127.2 bp −$127 | doesn't fit | 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.
ARM on 24 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 ARMUSDTshort | 0.0000% | 8h | 329.98 | −0.024% | $7K | $126K | 20x | |
| Bybit ARMUSDT | 0.0000% | 8h | 330.30 | +0.073% | $2.0M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 330.38 | +0.097% | $1.7M | $6.7M | 20x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 330.01 | −0.015% | $881 | $2.9M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 330.26 | +0.061% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USD | +0.0026% | 1h | 330.11 | +0.015% | $1.1M | $4.5M | 10x | as long as short |
| BloFin ARM-USDT | +0.0029% | 8h | 330.32 | +0.079% | $127K | $46K | 20x | as long as short |
| Lighter ARMlong | +0.0032% | 1h | 330.06 | long leg | — | — | 10x | |
| Vest ARM-USD-PERP | +0.0046% | 1h | 330.42 | +0.109% | — | — | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0048% | 1h | 330.52 | +0.139% | $90K | $287K | 10x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ARM-USD | +0.0050% | 1h | 330.21 | +0.045% | $382K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 329.99 | −0.021% | $207K | $534K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0089% | 1h | 330.17 | +0.033% | $8.4M | $8.9M | 10x | as long as short |
| GRVT ARM_USDT_Perp | +0.0142% | 8h | 330.42 | +0.109% | $473 | $187K | 10x | as long as short |
| Phoenix ARM | +0.0197% | 1h | 330.62 | +0.170% | $5K | $460K | 10x | as long as short |
| Variational Omni ARM | +0.0213% | 8h | 330.08 | +0.005% | $214K | $526K | — | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 333.61 | +1.076% | $5K | $50K | 12x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0326% | 1h | 330.00 | −0.018% | $12K | $125K | 10x | as long as short |
| Binance ARMUSDT | +0.0357% | 8h | 330.27 | +0.064% | $8.9M | $50.4M | 20x | as long as short |
| Extended ARM-USD | +0.0360% | 1h | 330.22 | +0.050% | $36K | $278K | 10x | as long as short |
| Gate ARM_USDT | +0.0463% | 8h | 330.62 | +0.170% | $1.5M | $4.1M | 50x | as long as short |
| KuCoin ARMUSDTM | +0.0839% | 8h | 330.65 | +0.179% | $2.4M | $116K | 20x | as long as short |
| Bitget ARMUSDT | +0.0901% | 8h | 330.32 | +0.079% | $1.8M | $3.9M | 20x | as long as short |
| edgeX ARMUSDC | +0.0960% | 4h | 330.35 | +0.087% | $35K | $345K | 10x | as long as short |
Lighter ARM
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
SunX ARM-USDT
HTX ARM-USDT
BloFin ARM-USDT
Coinbase International ARM-PERP-INTX
Polymarket Perps ARM-USD
tradeXYZ xyz:ARM
GRVT ARM_USDT_Perp
Phoenix ARM
Variational Omni ARM
Injective ARM/USDC PERP
Deribit ARM_USDC-PERPETUAL
Binance ARMUSDT
Extended ARM-USD
Gate ARM_USDT
KuCoin ARMUSDTM
Bitget ARMUSDT
edgeX ARMUSDC