ASTER

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h −0.001%

Price spread now: Lighter against Pacifica+0.063%7-day average +0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$320.321% of the position

Long on Pacifica Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days−0.043%−$4 on $10k

Price spread, last 4 days (all we have)−0.012%−$1 · spread now +0.063%, 7d avg +0.024%

Together, before fees−0.055%+ Points / potential airdropPacifica: Active · Lighter: Season 3 · farm board−$5 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 0.039% dearer against Pacifica than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.024%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica ASTER	0.7320	0.0100	pay 0.0013% / 1h	35m 22s	$258K	$112K	10x
Short	Lighter ASTER	0.7325	0.0096	get 0.0012% / 1h	35m 22s	$886K	$954K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Pacifica. 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 PacificabpFee LighterbpOrdersPrice spread, now +0.063%Rate

Funding earned: −$0.84
Price spread: +0.063% → +0.024%: $3.87
Slippage, 4 orders: −$24.14
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: −$29.1
Costs to cover: 0.321%
Break-even: never at this rate

Slippage from Pacifica: live order book, 8 min ago; Lighter: live order book, 5 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 Pacifica live order book, 8 min ago	5.36 bp	9.9 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell Lighter live order book, 5 min ago	2.11 bp	8.9 bp −$9	29.3 bp −$293	390.4 bp −$39.0K	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	−0.0024%	1h	0.7321	+0.015%	$254K	$1.3M	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7318	−0.029%	$52.2M	$116.7M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7320	−0.012%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7315	−0.070%	$11K	$72K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7313	−0.105%	$24K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.951%	$9	$133K	5.5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0042%	1h	0.7322	+0.020%	$340K	$671K	20x	as long as short
Orderly PERP_ASTER_USDC	+0.0065%	4h	0.7317	−0.046%	$13K	$1K	10x	as long as short
Lighter ASTERshort	+0.0096%	1h	0.7325	+0.063%	$886K	$954K	5x
Nado ASTER-PERP	+0.0100%	1h	0.7315	−0.074%	$340K	$297K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica ASTERlong	+0.0100%	1h	0.7320	long leg	$258K	$112K	10x
Binance ASTERUSDT	+0.0100%	4h	0.7317	−0.046%	$92.5M	$131.9M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7316	−0.060%	$49.3M	$26.6M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7319	−0.019%	$12.5M	$22.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7315	−0.074%	$6.3M	$5.9M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7316	−0.060%	$35.1M	$20.9M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7317	−0.046%	$10.8M	$3.4M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7319	−0.019%	$17.9M	$8.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7317	−0.046%	—	$9.9M	—	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7313	−0.098%	$2.1M	$393K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7344	+0.322%	$453K	$4.2M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7334	+0.186%	$99K	$738K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7326	+0.077%	$2K	$1.8M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7317	−0.046%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7320	−0.005%	$245K	$202K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7315	−0.077%	$367K	$651K	25x	as long as short
edgeX ASTERUSDC	+0.0105%	4h	0.7339	+0.253%	$214K	$2.2M	10x	as long as short
01 Exchange ASTERUSD	+0.0168%	1h	0.7317	−0.046%	$6K	$7K	10x	as long as short
Backpack ASTER_USDC_PERP	+0.0190%	1h	0.7319	−0.020%	$209K	$499K	10x	as long as short
Hyperliquid ASTER	+0.0249%	1h	0.7323	+0.042%	$25.0M	$8.2M	5x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7313	−0.101%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7340	+0.268%	$3.6M	$2.1M	75x	as long as short