After costs, if the gap returns to its 7d average, $10k−$24
spread now+0.003%7d average+0.008%fees + slippage, in and out−$23spread needed0.232%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack ASTER_USDC_PERP | 0.7432 | 0.0100 | pay 0.0013% / 1h | 21m 20s | $241K | $217K | 10x |
| Short | Lighter ASTER | 0.7432 | 0.0096 | get 0.0012% / 1h | 21m 20s | $887K | $777K | 5x |
Backpack ASTER_USDC_PERP
Lighter ASTERPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $0.27
- Funding while held
- −$0.12
- Slippage, 4 orders
- −$13.21
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$23.06
- Spread needed to break even
- 0.232%
Slippage from Backpack: live order book, 28 min ago; Lighter: live order book, 25 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0004%
- Per $10,000 a day
- −$0.12
- Average in range /8h
- —
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 Backpack live order book, 28 min ago | 0.06 bp | 7.8 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 25 min ago | 3.35 bp | 5.8 bp −$6 | 31.4 bp −$314 | 418.8 bp −$41.9K | doesn't fit |
ASTER price on every exchange
against the cheapest. Click to use as the short leg.Injective0.7359cheapestVariational Omni0.7372+0.175%edgeX0.7391+0.437%HTX0.7417+0.788%Coinbase International0.7423+0.874%SoDEX0.7424+0.883%Kraken Futures0.7424+0.886%Deribit0.7426+0.904%BloFin0.7426+0.910%ApeX Omni0.7428+0.938%SunX0.7431+0.978%Pacifica0.7431+0.984%
Injective
Variational Omni
HTX
Coinbase International
SoDEX
Kraken Futures
Deribit
BloFin
ApeX Omni
SunX
PacificaBackpack0.7432+0.988%
Lighter0.7432+0.991%
Nado0.7432+0.993%dYdX0.7433+1.009%Extended0.7434+1.015%Gate0.7434+1.019%KuCoin0.7434+1.021%Binance0.7435+1.032%Bybit0.7435+1.033%BingX0.7435+1.033%GMX0.7435+1.036%OKX0.7436+1.046%01 Exchange0.7437+1.060%gTrade (Gains Network)0.7437+1.063%Aster0.7438+1.073%MEXC0.7438+1.074%Bitget0.7438+1.074%Orderly0.7438+1.074%Hyperliquid0.7446+1.181%
Nado
dYdX
Extended
Gate
KuCoin
Binance
Bybit
BingX
GMX
OKX
gTrade (Gains Network)
Aster
MEXC
Bitget
Orderly
HyperliquidASTER on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ASTER/USDC PERP | −0.978% | +0.0033% | 1h | $9 | $46K | 5.5x | as long as short |
| Variational Omni ASTER | −0.805% | +0.0100% | 4h | $2.0M | $441K | — | as long as short |
| edgeX ASTERUSDC | −0.545% | +0.0112% | 4h | $213K | $2.0M | 10x | as long as short |
| HTX ASTER-USDT | −0.198% | +0.0100% | 4h | $247K | $87K | 20x | as long as short |
| Coinbase International ASTER-PERP-INTX | −0.113% | −0.0168% | 1h | $280K | $905K | 50x | as long as short |
| SoDEX ASTER-USD | −0.104% | +0.0100% | 1h | $13K | $8K | 5x | as long as short |
| Kraken Futures PF_ASTERUSD | −0.101% | −0.0122% | 1h | $287K | $526K | 20x | as long as short |
| Deribit ASTER_USDC-PERPETUAL | −0.083% | 0.0000% | 1h | $22K | $114K | 25x | as long as short |
| BloFin ASTER-USDT | −0.077% | +0.0340% | 4h | $3.5M | $1.6M | 75x | as long as short |
| ApeX Omni ASTERUSDT | −0.050% | +0.0100% | 1h | $65K | $698K | 50x | as long as short |
Show all 31 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX ASTER-USDT | −0.009% | +0.0100% | 4h | $2K | $1.6M | 20x | as long as short |
| Pacifica ASTER | −0.003% | +0.0100% | 1h | $253K | $116K | 10x | as long as short |
| Backpack ASTER_USDC_PERPlong | 0.000% | +0.0100% | 1h | $241K | $217K | 10x | |
| Lighter ASTERshort | +0.003% | +0.0096% | 1h | $887K | $777K | 5x | |
| Nado ASTER-PERP | +0.005% | +0.0100% | 1h | $383K | $305K | 5x | as long as short |
| dYdX ASTER-USD | +0.021% | +0.0182% | 1h | $13K | $61 | 5x | as long as short |
| Extended ASTER-USD | +0.027% | +0.0104% | 1h | $412K | $622K | 25x | as long as short |
| Gate ASTER_USDT | +0.031% | +0.0038% | 4h | $5.3M | $4.0M | 75x | as long as short |
| KuCoin ASTERUSDTM | +0.032% | +0.0100% | 4h | $10.9M | $2.9M | 75x | as long as short |
| Binance ASTERUSDT | +0.043% | +0.0100% | 4h | $90.3M | $96.9M | 75x | as long as short |
| Bybit ASTERUSDT | +0.044% | +0.0100% | 4h | $48.9M | $19.8M | 75x | as long as short |
| BingX ASTER-USDT | +0.044% | +0.0100% | 4h | — | $9.2M | — | as long as short |
| GMX ASTER/USD [WBTC.b-USDC] | +0.047% | L +0.0306% / S −0.0219% | 1h | $28K | — | 100x | as long as short |
| OKX ASTER-USDT-SWAP | +0.058% | +0.0100% | 4h | $11.7M | $17.0M | 50x | as long as short |
| 01 Exchange ASTERUSD | +0.071% | +0.0208% | 1h | $8K | $5K | 10x | as long as short |
| gTrade (Gains Network) ASTER/USD | +0.075% | L +0.0006% / S −0.0006% | 1h | $27K | — | 150x | as long as short |
| Aster ASTERUSDT | +0.084% | 0.0000% | 4h | $59.6M | $86.7M | 200x | as long as short |
| MEXC ASTER_USDT | +0.085% | +0.0100% | 4h | $36.1M | $14.2M | 100x | as long as short |
| Bitget ASTERUSDT | +0.085% | +0.0100% | 4h | $18.3M | $6.1M | 50x | as long as short |
| Orderly PERP_ASTER_USDC | +0.085% | +0.0070% | 4h | $14K | $2K | 10x | as long as short |
| Hyperliquid ASTER | +0.191% | +0.0259% | 1h | $26.3M | $6.2M | 5x | as long as short |