Funding you earn now, next payment 00:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h —
Price spread now: Aster against Lighter−0.040%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—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 −$1 a day on $10k at the current rate, and Aster is 0.040% cheaper against Lighter than usual: you would sell low and buy high (−$4 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 ARM | 325.23 | 0.0032 | pay 0.0004% / 1h | 46m 02s | — | — | 10x |
| Short | Aster ARMUSDT | 325.10 | 0 | get 0.0000% / 8h | 46m 02s | $7K | $126K | 20x |
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
- −$6.72
- Price spread: −0.040% → 0.000%
- −$4
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$18.72
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Lighter: no order-book sample; Aster: live order book, 30 min ago. 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 no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 30 min ago | 48.21 bp | 70.1 bp −$70 | doesn't fit | doesn't fit | doesn't fit |
Lighter: 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.
ARM on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX ARMUSDC | −0.0978% | 4h | 325.28 | +0.016% | $35K | $351K | 10x | as long as short |
| BloFin ARM-USDT | −0.0002% | 8h | 325.46 | +0.071% | $124K | $45K | 20x | as long as short |
| Aster ARMUSDTshort | 0.0000% | 8h | 325.10 | −0.040% | $7K | $126K | 20x | |
| Bybit ARMUSDT | 0.0000% | 8h | 325.40 | +0.052% | $2.0M | $2.5M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 325.62 | +0.120% | $1.7M | $6.8M | 20x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 325.44 | +0.065% | $1.8M | $4.2M | 20x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 325.03 | −0.061% | $1K | $3.2M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 325.40 | +0.052% | $18K | $17K | 20x | as long as short |
| Variational Omni ARM | +0.0016% | 8h | 325.18 | −0.014% | $213K | $523K | — | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0016% | 1h | 325.14 | −0.028% | $88K | $288K | 10x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ARMlong | +0.0032% | 1h | 325.23 | long leg | — | — | 10x | |
| QFEX ARM-USD | +0.0033% | 1h | 325.38 | +0.046% | $1.1M | $4.7M | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 325.46 | +0.071% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 325.33 | +0.031% | $8.0M | $9.7M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 325.32 | +0.028% | $465K | $1.7M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 324.87 | −0.111% | $208K | $552K | 10x | as long as short |
| Gate ARM_USDT | +0.0052% | 8h | 325.65 | +0.129% | $1.5M | $4.1M | 50x | as long as short |
| Binance ARMUSDT | +0.0135% | 8h | 325.51 | +0.087% | $8.6M | $51.0M | 20x | as long as short |
| Extended ARM-USD | +0.0136% | 1h | 325.44 | +0.065% | $39K | $188K | 10x | as long as short |
| GRVT ARM_USDT_Perp | +0.0218% | 8h | 325.34 | +0.034% | $420 | $207K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 328.17 | +0.904% | $5K | $52K | 12x | as long as short |
| Phoenix ARM | +0.0271% | 1h | 325.33 | +0.031% | $5K | $460K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0334% | 1h | 325.44 | +0.065% | $12K | $145K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0489% | 8h | 325.59 | +0.111% | $2.3M | $118K | 20x | as long as short |
Lighter ARM
Aster ARMUSDT
edgeX ARMUSDC
BloFin ARM-USDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Bitget ARMUSDT
SunX ARM-USDT
HTX ARM-USDT
Variational Omni ARM
Coinbase International ARM-PERP-INTX
tradeXYZ xyz:ARM
Polymarket Perps ARM-USD
Gate ARM_USDT
Binance ARMUSDT
Extended ARM-USD
GRVT ARM_USDT_Perp
Injective ARM/USDC PERP
Phoenix ARM
Deribit ARM_USDC-PERPETUAL
KuCoin ARMUSDTM