Funding you earn now, next payment 23:00 UTC+0.0768%/8h= +84.1% APRnext payment +$0.96 per $10,000 · paid last 24h +0.174%
Price spread now: Lighter against Aevo+0.262%7-day average — · you sell dearer than you buy
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 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Lighter is 0.262% dearer against Aevo than usual: you sell high and buy low: +$26 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo AERO-PERP | 0.6893 | 0.0104 | pay 0.0013% / 1h | 9m 00s | $46K | — | 3x |
| Short | Lighter AERO | 0.6911 | 0.0872 | get 0.0109% / 1h | 9m 00s | $1.3M | $464K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Aevo. 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
- $161.28
- Price spread: +0.262% → 0.000%
- $26.22
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $171.5
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: Aevo: no order-book sample; Lighter: live order book, 2 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 2 min ago | 6.08 bp | 12.9 bp −$13 | 66.3 bp −$663 | doesn't fit | doesn't fit |
Aevo: 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.
AERO 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit AERO_USDC-PERPETUAL | −0.0040% | 1h | 0.6892 | −0.008% | $55K | $11K | 10x | as long as short |
| Hyperliquid AERO | +0.0100% | 1h | 0.6898 | +0.081% | $23.2M | $5.3M | 3x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6891 | −0.018% | $39K | $109K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6895 | +0.034% | $25.5M | $25.3M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6892 | −0.008% | $22.0M | $20.5M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6899 | +0.094% | $2.3M | $6.8M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6888 | −0.066% | $1.6M | $533K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6893 | +0.007% | $8.2M | $1.7M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6888 | −0.066% | $2.1M | $904K | 50x | as long as short |
| Bitget AEROUSDT | +0.0100% | 4h | 0.6890 | −0.037% | $4.1M | $2.1M | 75x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX AERO-USDT | +0.0100% | 4h | 0.6892 | −0.008% | — | $1.8M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6892 | −0.007% | $2.0M | $1.7M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6893 | +0.012% | $202K | $1.3M | 10x | as long as short |
| Aevo AERO-PERPlong | +0.0104% | 1h | 0.6893 | long leg | $46K | — | 3x | |
| Injective AERO/USDC PERP | +0.0175% | 1h | 0.6902 | +0.137% | $4 | $209K | 5.5x | as long as short |
| 01 Exchange AEROUSD | +0.0216% | 1h | 0.6897 | +0.072% | $187 | $115 | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6893 | +0.008% | $19K | $4K | 15x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6892 | −0.008% | $912K | $694K | 25x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0502% / S −0.0223% | 1h | 0.6892 | −0.003% | $92K | — | 100x | as long as short |
| Backpack AERO_USDC_PERP | +0.0524% | 1h | 0.6901 | +0.120% | $102K | $314K | 15x | as long as short |
| RISEx AERO/USDC | +0.0676% | 1h | 0.6896 | +0.045% | $211K | $368K | 3x | as long as short |
| Coinbase International AERO-PERP-INTX | +0.0736% | 1h | 0.6878 | −0.211% | $91K | $32K | 25x | as long as short |
| Lighter AEROshort | +0.0872% | 1h | 0.6911 | +0.262% | $1.3M | $464K | 3x |
Lighter AERO
Deribit AERO_USDC-PERPETUAL
Hyperliquid AERO
Aster AEROUSDT
Binance AEROUSDT
Bybit AEROUSDT
OKX AERO-USDT-SWAP
Gate AERO_USDT
MEXC AERO_USDT
KuCoin AEROUSDTM
Bitget AEROUSDT
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Injective AERO/USDC PERP
01 Exchange AEROUSD
BloFin AERO-USDT
GMX AERO/USD [ETH-USDC]
Backpack AERO_USDC_PERP
RISEx AERO/USDC
Coinbase International AERO-PERP-INTX