Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.003%
Price spread now: Aster against Lighter−0.050%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$246as in the Price arb table
costs, in and out, $10k−$2452.449% of the position
Funding, last 6 days (all we have)−0.007%−$1 on $10k
+Price spread, last 4 days (all we have)+0.049%+$5 · spread now −0.050%, 7d avg −0.039%
=Together, before fees+0.042%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board+$4 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SPX | 0.5137 | 0.0096 | pay 0.0012% / 1h | 49m 07s | $141K | $405K | 5x |
| Short | Aster SPXUSDT | 0.5134 | 0.0100 | get 0.0050% / 4h | 3h 49m | $137K | $93K | 10x |
Funding 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
- $0.84
- Price spread: −0.050% → −0.039%
- −$1.04
- Slippage, 4 orders
- −$236.89
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$245.1
- Costs to cover
- 2.449%
- Break-even
- 2049.5 days
Slippage from Lighter: live order book, 40 min ago; Aster: live order book, 47 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, 40 min ago | 19.99 bp | 25.7 bp −$26 | 76.7 bp −$767 | doesn't fit | doesn't fit |
| Sell Aster live order book, 47 min ago | 17.62 bp | 27.0 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
SPX on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective SPX/USDC PERP | +0.0033% | 1h | 0.4979 | −3.068% | $9 | $4K | 5.5x | as long as short |
| Variational Omni SPX | +0.0086% | 4h | 0.5116 | −0.398% | $950K | $1.6M | — | as long as short |
| Lighter SPXlong | +0.0096% | 1h | 0.5137 | long leg | $141K | $405K | 5x | |
| Hyperliquid SPX | +0.0100% | 1h | 0.5136 | −0.008% | $10.4M | $8.4M | 5x | as long as short |
| Aster SPXUSDTshort | +0.0100% | 4h | 0.5134 | −0.050% | $137K | $93K | 10x | |
| Binance SPXUSDT | +0.0100% | 4h | 0.5136 | −0.012% | $5.1M | $23.8M | 75x | as long as short |
| Bybit SPXUSDT | +0.0100% | 4h | 0.5126 | −0.206% | $11.8M | $17.8M | 50x | as long as short |
| OKX SPX-USDT-SWAP | +0.0100% | 4h | 0.5133 | −0.070% | $980K | $3.4M | 20x | as long as short |
| Gate SPX_USDT | +0.0100% | 4h | 0.5131 | −0.109% | $1.0M | $643K | 50x | as long as short |
| MEXC SPX_USDT | +0.0100% | 4h | 0.5133 | −0.070% | $11.7M | $5.0M | 100x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SPXUSDTM | +0.0100% | 4h | 0.5132 | −0.090% | $3.7M | $5.5M | 50x | as long as short |
| Bitget SPXUSDT | +0.0100% | 4h | 0.5133 | −0.070% | $2.6M | $1.5M | 50x | as long as short |
| BingX SPX-USDT | +0.0100% | 4h | 0.5130 | −0.128% | — | $7.0M | — | as long as short |
| ApeX Omni SPXUSDT | +0.0100% | 1h | 0.5115 | −0.421% | $26K | $249K | 25x | as long as short |
| Orderly PERP_SPX_USDC | +0.0100% | 4h | 0.5136 | −0.012% | $20K | $599 | 10x | as long as short |
| SunX SPX-USDT | +0.0100% | 4h | 0.5126 | −0.206% | $8K | $1.8M | 20x | as long as short |
| Extended SPX-USD | +0.0104% | 1h | 0.5132 | −0.085% | $44K | $309K | 10x | as long as short |
| BloFin SPX-USDT | +0.0340% | 4h | 0.5138 | +0.027% | $251K | $1.0M | 75x | as long as short |
| Kraken Futures PF_SPXUSD | +0.1467% | 1h | 0.5145 | +0.159% | $260K | $553K | 20x | as long as short |
Lighter SPX
Aster SPXUSDT
Injective SPX/USDC PERP
Variational Omni SPX
Hyperliquid SPX
Binance SPXUSDT
Bybit SPXUSDT
OKX SPX-USDT-SWAP
Gate SPX_USDT
MEXC SPX_USDT
KuCoin SPXUSDTM
Bitget SPXUSDT
BingX SPX-USDT
ApeX Omni SPXUSDT
SunX SPX-USDT
Extended SPX-USD
BloFin SPX-USDT
Kraken Futures PF_SPXUSD