Funding you earn now, next payment 01:00 UTC−0.0082%/8h= −8.9% APRpaid last 24h −0.007%
Price spread now: Aster against Lighter−0.100%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aster is 0.100% cheaper against Lighter than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter PYTH | 0.06462 | 0.0096 | pay 0.0012% / 1h | 13m 52s | $203K | $199K | 5x |
| Short | Aster PYTHUSDT | 0.06456 | 0.0014 | get 0.0007% / 4h | 3h 13m | $22K | $44K | 10x |
Lighter PYTH
Aster PYTHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Lighter. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$17.15
- Price spread: −0.100% → 0.000%
- −$10
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$35.15
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 41 min ago; Aster: no order-book sample. Net counts fees only.
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, 41 min ago | 3.14 bp | 8.6 bp −$9 | 76.9 bp −$769 | doesn't fit | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
PYTH on 23 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PYTHUSD | −0.0134% | 1h | 0.06460 | −0.028% | $397K | $291K | 25x | as long as short |
| MEXC PYTH_USDT | −0.0132% | 4h | 0.06457 | −0.077% | $9.8M | $2.4M | 125x | as long as short |
| Binance PYTHUSDT | −0.0126% | 4h | 0.06468 | +0.096% | $9.3M | $17.6M | 75x | as long as short |
| BloFin PYTH-USDT | −0.0122% | 4h | 0.06412 | −0.774% | $429K | $111K | 75x | as long as short |
| Coinbase International PYTH-PERP-INTX | −0.0064% | 1h | 0.06415 | −0.727% | $40K | $18K | 25x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06460 | −0.031% | $192K | $19 | 5x | as long as short |
| Aster PYTHUSDTshort | +0.0014% | 4h | 0.06456 | −0.100% | $22K | $44K | 10x | |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −3.126% | $553 | $220K | 5.5x | as long as short |
| Aevo PYTH-PERP | +0.0048% | 1h | 0.06454 | −0.128% | $23K | — | 3x | as long as short |
| Lighter PYTHlong | +0.0096% | 1h | 0.06462 | long leg | $203K | $199K | 5x |
Kraken Futures PF_PYTHUSD
MEXC PYTH_USDT
Binance PYTHUSDT
BloFin PYTH-USDT
Coinbase International PYTH-PERP-INTX
dYdX PYTH-USD
Injective PYTH/USDC PERP
Aevo PYTH-PERPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06447 | −0.230% | $3K | — | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06458 | −0.059% | $1.9M | $1.6M | 5x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06473 | +0.170% | $7.7M | $4.8M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06472 | +0.155% | $2.1M | $3.5M | 50x | as long as short |
| Gate PYTH_USDT | +0.0100% | 4h | 0.06460 | −0.031% | $1.1M | $478K | 75x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06464 | +0.031% | $1.5M | $326K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06462 | 0.000% | $2.7M | $2.1M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06468 | +0.093% | — | $2.8M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06426 | −0.557% | $39K | $27K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06452 | −0.159% | $3K | $2K | 10x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06449 | −0.201% | — | — | 20x | as long as short |
| Backpack PYTH_USDC_PERP | +0.0943% | 1h | 0.06459 | −0.040% | $36K | $91K | 10x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | +0.1143% | 1h | 0.06470 | +0.124% | $10K | $10K | 10x | as long as short |
Paradex PYTH-USD-PERP
Hyperliquid PYTH
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
Gate PYTH_USDT
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Reya PYTHRUSDPERP
Backpack PYTH_USDC_PERP
Deribit PYTH_USDC-PERPETUAL