Funding you earn now, next payment 00:00 UTC+0.0344%/8h= +37.7% APRpaid last 24h +0.048%
Price spread now: Lighter against Aster+0.460%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.110%+$11 on $10k
+Price spread, last 7 days—no 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 +$10 a day on $10k at the current rate, and Lighter is 0.460% dearer against Aster than usual: you sell high and buy low: +$46 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.110% in total (about 5.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ZHIPUUSDT | 105.32 | 0 | get 0.0000% / 8h | 12m 46s | $54K | $51K | 20x |
| Short | Lighter ZHIPU | 105.80 | 0.0344 | get 0.0043% / 1h | 12m 46s | $112K | $19K | 10x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $72.24
- Price spread: +0.460% → 0.000%
- $46.04
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $110.28
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Aster: no order-book sample; Lighter: live order book, 47 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 Aster no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 47 min ago | 12.84 bp | 24.4 bp −$24 | 46.9 bp −$469 | doesn't fit | doesn'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.
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 ZHIPUUSDTlong | 0.0000% | 8h | 105.32 | long leg | $54K | $51K | 20x | |
| SunX ZHIPU-USDT | 0.0000% | 4h | 105.74 | +0.403% | $2K | $1.2M | 10x | as long as short |
| HTX ZHIPU-USDT | 0.0000% | 4h | 105.62 | +0.289% | $19K | $316K | 20x | as long as short |
| Gate ZHIPU_USDT | +0.0008% | 8h | 105.86 | +0.517% | $2.9M | $13.5M | 50x | as long as short |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 105.60 | +0.270% | $38K | $3K | 10x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 105.68 | +0.351% | $23K | $20 | 3x | as long as short |
| KuCoin ZHIPUUSDTM | +0.0100% | 4h | 105.73 | +0.394% | $41K | $130K | 20x | as long as short |
| Aevo ZHIPU-PERP | +0.0104% | 1h | 105.68 | +0.345% | — | — | 10x | as long as short |
| OKX ZHIPU-USDT-SWAP | +0.0104% | 8h | 106.01 | +0.660% | $5.0M | $18.8M | 25x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0180% | 8h | 105.67 | +0.337% | $77 | $266 | 10x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ZHIPUUSDT | +0.0200% | 8h | 105.77 | +0.432% | $1.7M | $4.4M | 20x | as long as short |
| Binance ZHIPUUSDT | +0.0322% | 4h | 105.70 | +0.363% | $21.1M | $57.6M | 25x | as long as short |
| Lighter ZHIPUshort | +0.0344% | 1h | 105.80 | +0.460% | $112K | $19K | 10x | |
| Bybit ZHIPUUSDT | +0.0508% | 8h | 105.81 | +0.470% | $306K | $1.3M | 25x | as long as short |
| tradeXYZ xyz:ZHIPU | +0.1038% | 1h | 105.80 | +0.460% | $29.1M | $7.9M | 10x | as long as short |
| edgeX ZHIPUUSDC | +0.1053% | 4h | 105.78 | +0.444% | $21K | $151K | 10x | as long as short |
| Ondo Perps ZHIPU-USD.P | +0.1405% | 1h | 105.72 | +0.384% | $37K | $22K | 5x | as long as short |
Aster ZHIPUUSDT
Lighter ZHIPU
SunX ZHIPU-USDT
HTX ZHIPU-USDT
Gate ZHIPU_USDT
SoDEX ZHIPU-USD
KuCoin ZHIPUUSDTM
OKX ZHIPU-USDT-SWAP
Bitget ZHIPUUSDT
Binance ZHIPUUSDT
Bybit ZHIPUUSDT
tradeXYZ xyz:ZHIPU
edgeX ZHIPUUSDC