ASTER

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.065%

Price spread now: Hyperliquid against Lighter+0.071%7-day average +0.054% · you sell dearer than you buy

Net, funding: paid 7d − costs−$18as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$310.308% of the position

Long on Lighter Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days+0.125%+$12 on $10k

Price spread, last 4 days (all we have)−0.019%−$2 · spread now +0.071%, 7d avg +0.054%

Together, before fees+0.105%+ Points / potential airdropLighter: Season 3 · Hyperliquid: Season 2 · farm board+$11 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter ASTER	0.7366	0.0096	pay 0.0012% / 1h	28m 45s	$894K	$898K	5x
Short	Hyperliquid ASTER	0.7372	0.0100	get 0.0013% / 1h	28m 45s	$25.5M	$6.6M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid 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 HyperliquidbpOrdersPrice spread, now +0.071%Rate

Funding earned: $0.84
Price spread: +0.071% → +0.054%: $1.63
Slippage, 4 orders: −$21.78
Fee Lighter: 0 bp × 2 orders: $0
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$28.31
Costs to cover: 0.308%
Break-even: 242.9 days

Slippage from Lighter: live order book, 36 min ago; Hyperliquid: live order book, 4 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, 36 min ago	4.48 bp	6.6 bp −$7	34.5 bp −$345	398.8 bp −$39.9K	doesn't fit
Sell Hyperliquid live order book, 4 min ago	1.36 bp	8.8 bp −$9	doesn't fit	doesn't fit	doesn't fit

ASTER on 31 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	−0.0080%	1h	0.7330	−0.487%	$267K	$849K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7366	−0.005%	$55.2M	$101.3M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7361	−0.073%	$11K	$86K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0008%	1h	0.7367	+0.002%	$29K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.320%	$9	$133K	5.5x	as long as short
01 Exchange ASTERUSD	+0.0064%	1h	0.7376	+0.130%	$8K	$4K	10x	as long as short
Orderly PERP_ASTER_USDC	+0.0093%	4h	0.7361	−0.073%	$14K	$845	10x	as long as short
Lighter ASTERlong	+0.0096%	1h	0.7366	long leg	$894K	$898K	5x
Nado ASTER-PERP	+0.0100%	1h	0.7375	+0.117%	$367K	$255K	5x	as long as short
Hyperliquid ASTERshort	+0.0100%	1h	0.7372	+0.071%	$25.5M	$6.6M	5x

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica ASTER	+0.0100%	1h	0.7367	+0.004%	$256K	$74K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7365	−0.024%	$90.2M	$110.5M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7371	+0.062%	$49.3M	$22.6M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7373	+0.090%	$12.1M	$18.6M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7365	−0.019%	$6.4M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7370	+0.049%	$34.7M	$17.7M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7368	+0.022%	$10.9M	$3.2M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7363	−0.046%	$17.9M	$6.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7364	−0.033%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7364	−0.034%	$221K	$480K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7358	−0.109%	$2.1M	$375K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7349	−0.238%	$454K	$3.9M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7357	−0.128%	$66K	$716K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7374	+0.103%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7357	−0.128%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7360	−0.087%	$244K	$117K	20x	as long as short
edgeX ASTERUSDC	+0.0101%	4h	0.7357	−0.127%	$212K	$2.0M	10x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7363	−0.049%	$367K	$640K	25x	as long as short
dYdX ASTER-USD	+0.0150%	1h	0.7365	−0.022%	$15K	$1K	5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0228%	1h	0.7361	−0.078%	$338K	$488K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7364	−0.032%	$28K	—	100x	as long as short