ASTER

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: Lighter against Nado+0.073%7-day average +0.003% · 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−$24as in the Price arb table

costs, in and out, $10k−$310.314% of the position

Long on Nado Short on Lighter

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)−0.200%−$20 · spread now +0.073%, 7d avg +0.003%

Together, before fees−0.193%+ Points / potential airdropNado: Active · Lighter: Season 3 · farm board−$19 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: Lighter is 0.070% dearer against Nado than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado ASTER-PERP	0.7454	0.0100	pay 0.0012% / 1h	34m 55s	$373K	$256K	5x
Short	Lighter ASTER	0.7459	0.0096	get 0.0012% / 1h	34m 55s	$920K	$879K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Nado. 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 NadobpFee LighterbpOrdersPrice spread, now +0.073%Rate

Funding earned: −$0.84
Price spread: +0.073% → +0.003%: $7.01
Slippage, 4 orders: −$24.45
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Lighter: 0 bp × 2 orders: $0
Net: −$25.28
Costs to cover: 0.314%
Break-even: never at this rate

Slippage from Nado: live order book, 38 min ago; Lighter: live order book, 35 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 Nado live order book, 38 min ago	0.94 bp	9.3 bp −$9	23.2 bp −$232	doesn't fit	doesn't fit
Sell Lighter live order book, 35 min ago	5.44 bp	7.2 bp −$7	31.3 bp −$313	407.4 bp −$40.7K	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	−0.0080%	1h	0.7457	+0.042%	$265K	$850K	50x	as long as short
Backpack ASTER_USDC_PERP	−0.0030%	1h	0.7452	−0.022%	$211K	$406K	10x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7457	+0.045%	$56.6M	$100.2M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7459	+0.066%	$13K	$61	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7454	+0.006%	$11K	$86K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7456	+0.025%	$30K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	−0.857%	$9	$133K	5.5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0075%	1h	0.7457	+0.047%	$342K	$483K	20x	as long as short
Orderly PERP_ASTER_USDC	+0.0093%	4h	0.7458	+0.056%	$14K	$845	10x	as long as short
Lighter ASTERshort	+0.0096%	1h	0.7459	+0.073%	$920K	$879K	5x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado ASTER-PERPlong	+0.0100%	1h	0.7454	long leg	$373K	$256K	5x
Pacifica ASTER	+0.0100%	1h	0.7462	+0.103%	$256K	$102K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7455	+0.015%	$91.4M	$107.7M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7457	+0.042%	$49.9M	$22.0M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7457	+0.042%	$12.1M	$18.3M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7460	+0.083%	$6.5M	$5.2M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7455	+0.015%	$35.6M	$16.7M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7460	+0.081%	$11.1M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7459	+0.069%	$18.3M	$6.3M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7456	+0.029%	—	$9.7M	—	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7458	+0.060%	$2.1M	$375K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7443	−0.147%	$462K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7458	+0.056%	$67K	$715K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7469	+0.203%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7454	+0.002%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7459	+0.069%	$244K	$110K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7454	+0.001%	$373K	$641K	25x	as long as short
edgeX ASTERUSDC	+0.0105%	4h	0.7438	−0.211%	$214K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0112%	1h	0.7455	+0.015%	$8K	$4K	10x	as long as short
Hyperliquid ASTER	+0.0252%	1h	0.7462	+0.112%	$26.0M	$6.5M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7453	−0.015%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7456	+0.029%	$3.5M	$1.9M	75x	as long as short