ASTER

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%

Price spread now: Nado against Lighter+0.057%7-day average −0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$290.286% of the position

Long on Lighter Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.008%−$1 on $10k

Price spread, last 3 days (all we have)+0.110%+$11 · spread now +0.057%, 7d avg −0.002%

Together, before fees+0.102%+ Points / potential airdropLighter: Season 3 · Nado: Active · farm board+$10 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Nado is 0.058% dearer against Lighter than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter ASTER	0.7417	0.0096	pay 0.0012% / 1h	18m 12s	$916K	$876K	5x
Short	Nado ASTER-PERP	0.7421	0.0100	get 0.0012% / 1h	18m 12s	$372K	$274K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now +0.057%Rate

Funding earned: $0.84
Price spread: +0.057% → −0.002%: $5.82
Slippage, 4 orders: −$21.59
Fee Lighter: 0 bp × 2 orders: $0
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$21.93
Costs to cover: 0.286%
Break-even: 189.7 days

Slippage from Lighter: live order book, 62 min ago; Nado: live order book, 64 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, 62 min ago	4.10 bp	7.4 bp −$7	28.4 bp −$284	391.9 bp −$39.2K	doesn't fit
Sell Nado live order book, 64 min ago	1.01 bp	7.9 bp −$8	26.9 bp −$269	doesn't fit	doesn't fit

ASTER on 32 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	−0.0136%	1h	0.7393	−0.318%	$260K	$840K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7417	+0.008%	$56.7M	$99.9M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7414	−0.043%	$11K	$87K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7416	−0.009%	$30K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0023%	1h	0.7390	−0.361%	$9	$133K	5.5x	as long as short
dYdX ASTER-USD	+0.0069%	1h	0.7420	+0.045%	$13K	$61	5x	as long as short
Lighter ASTERlong	+0.0096%	1h	0.7417	long leg	$916K	$876K	5x
Nado ASTER-PERPshort	+0.0100%	1h	0.7421	+0.057%	$372K	$274K	5x
Pacifica ASTER	+0.0100%	1h	0.7421	+0.058%	$254K	$107K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7412	−0.065%	$90.7M	$106.9M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ASTERUSDT	+0.0100%	4h	0.7412	−0.065%	$49.6M	$21.8M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7417	+0.003%	$12.0M	$18.6M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7419	+0.030%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7416	−0.011%	$34.7M	$16.4M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7418	+0.018%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7418	+0.016%	$18.2M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7415	−0.024%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7421	+0.053%	$264K	$326K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7419	+0.024%	$2.1M	$366K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7420	+0.043%	$463K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7424	+0.097%	$66K	$716K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7418	+0.016%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7422	+0.070%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7414	−0.038%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7418	+0.016%	$243K	$119K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7413	−0.046%	$376K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0114%	4h	0.7420	+0.038%	$214K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0136%	1h	0.7413	−0.051%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0147%	1h	0.7418	+0.020%	$336K	$488K	20x	as long as short
Hyperliquid ASTER	+0.0151%	1h	0.7423	+0.085%	$25.8M	$6.8M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7414	−0.039%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7418	+0.016%	$3.4M	$1.9M	75x	as long as short