data as of
Settings8H · net · $10k
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Price arb /

S

all S markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$122
spread now−0.200%7d average+0.052%fees + slippage, in and out−$97spread needed0.967%
Long on LighterShort on Aster
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter S0.038900.0096pay 0.0012% / 1h57m 04s$163K$278K5x
ShortAster SUSDT0.03882−0.0232pay 0.0116% / 4h57m 04s$42K$258K10x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$20.01
Funding while held
−$9.85
Slippage, 4 orders
−$88.72
Fee Lighter: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
−$126.58
Spread needed to break even
0.967%
Slippage from Lighter: live order book, 29 min ago; Aster: live order book, 36 min ago.

Cost of waiting

funding view
Funding /8h
−0.0328%
Per $10,000 a day
−$9.85
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 29 min ago11.66 bp16.5 bp −$1678.7 bp −$787doesn't fitdoesn't fit
Sell Aster live order book, 36 min ago10.40 bp29.4 bp −$29doesn't fitdoesn't fitdoesn't fit

S price on every exchange

against the cheapest. Click to use as the short leg.
Coinbase International0.03826cheapestBybit0.03877+1.333%KuCoin0.03878+1.359%01 Exchange0.03880+1.411%Gate0.03880+1.411%OKX0.03881+1.438%Extended0.03882+1.461%BingX0.03882+1.464%Reya0.03882+1.466%
Aster0.03882+1.469%
Hyperliquid0.03883+1.485%Binance0.03883+1.494%MEXC0.03884+1.516%Variational Omni0.03885+1.532%Orderly0.03885+1.542%Kraken Futures0.03886+1.557%Bitget0.03886+1.568%BloFin0.03886+1.568%GMX0.03888+1.626%gTrade (Gains Network)0.03889+1.646%Deribit0.03889+1.647%
Lighter0.03890+1.673%
Backpack0.03900+1.934%ApeX Omni0.03900+1.934%
Injective0.04100+7.162%

S on 25 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Coinbase International S-PERP-INTX−1.645%−0.1488%1h$47K$9K25xas long as short
Bybit SUSDT−0.334%+0.0100%4h$5.5M$8.9M50xas long as short
KuCoin SUSDTM−0.308%+0.0100%4h$1.8M$3.7M50xas long as short
01 Exchange SUSD−0.257%0.0000%1h$24K$3K5xas long as short
Gate S_USDT−0.257%+0.0100%4h$317K$344K50xas long as short
OKX S-USDT-SWAP−0.231%−0.0118%4h$970K$11.8M20xas long as short
Extended S-USD−0.209%+0.0104%1h$218K$941K10xas long as short
BingX S-USDT−0.206%+0.0100%4h—$7.0M—as long as short
Reya SRUSDPERP−0.203%−0.0101%1h$4—15xas long as short
Aster SUSDTshort−0.200%−0.0232%4h$42K$258K10x
Show all 25 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Hyperliquid S−0.185%+0.0100%1h$989K$1.3M5xas long as short
Binance SUSDT−0.175%+0.0100%4h$5.3M$37.4M75xas long as short
MEXC S_USDT−0.154%+0.0100%4h$3.5M$3.3M200xas long as short
Variational Omni S−0.139%−0.1467%4h$605K$117K—as long as short
Orderly PERP_S_USDC−0.129%−0.0092%4h$103K$320K10xas long as short
Kraken Futures PF_SUSD−0.114%−0.2139%1h$33K$41K10xas long as short
Bitget SUSDT−0.103%+0.0100%4h$1.2M$4.5M50xas long as short
BloFin S-USDT−0.103%+0.0340%4h$274K$261K75xas long as short
GMX S/USD [WBTC.b-USDC]−0.046%L −0.0387% / S +0.0191%1h$2K—100xas long as short
gTrade (Gains Network) S/USD−0.027%L +0.0001% / S +0.0006%1h$599—150xas long as short
Deribit S_USDC-PERPETUAL−0.026%+0.0007%1h$65K$10K10xas long as short
Lighter Slong0.000%+0.0096%1h$163K$278K5x
Backpack S_USDC_PERP+0.257%+0.1324%1h$113K$257K5xas long as short
ApeX Omni SUSDT+0.257%+0.0100%1h$25K$493K50xas long as short
Injective S/USDC PERP+5.398%+0.0033%1h$2K$37K12xas long as short