Funding you earn now, next payment 01:00 UTC+0.1556%/8h= +170.4% APRpaid last 24h +0.202%
Price spread now: Lighter against BingX+0.293%7-day average +0.187% · you sell dearer than you buy
Net, funding: paid 7d − costs+$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$470.469% of the position
Funding, last 7 days+0.797%+$80 on $10k
+Price spread, last 4 days (all we have)−0.124%−$12 · spread now +0.293%, 7d avg +0.187%
=Together, before fees+0.673%+ Points / potential airdropLighter: Season 3 · farm board+$67 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$47 a day on $10k at the current rate, and Lighter is 0.107% dearer against BingX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.187%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.797% in total (about 41.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX AERO-USDT | 0.6954 | 0.0100 | pay 0.0050% / 4h | 3h 40m | — | $1.8M | — |
| Short | Lighter AERO | 0.6974 | 0.1656 | get 0.0207% / 1h | 40m 27s | $1.3M | $431K | 3x |
BingX AERO-USDT
Lighter AEROFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BingX. 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
- $326.76
- Price spread: +0.293% → +0.187%
- $10.66
- Slippage, 4 orders
- −$36.93
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $290.49
- Costs to cover
- 0.469%
- Break-even
- 0.8 days
Slippage from BingX: live order book, 2 min ago; Lighter: live order book, 1 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 BingX live order book, 2 min ago | 2.16 bp | 12.3 bp −$12 | 29.2 bp −$292 | 249.0 bp −$24.9K | 776.0 bp −$388.0K |
| Sell Lighter live order book, 1 min ago | 3.09 bp | 6.7 bp −$7 | 76.6 bp −$766 | doesn't fit | doesn't fit |
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 | 0.0000% | 1h | 0.6942 | −0.173% | $55K | $11K | 10x | as long as short |
| Injective AERO/USDC PERP | +0.0033% | 1h | 0.6902 | −0.748% | $4 | $209K | 5.5x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6956 | +0.029% | $40K | $112K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6967 | +0.193% | $26.4M | $26.6M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6965 | +0.158% | $22.5M | $21.4M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6972 | +0.259% | $2.3M | $7.0M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6951 | −0.043% | $1.6M | $492K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6950 | −0.058% | $8.3M | $1.7M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6954 | 0.000% | $2.1M | $938K | 50x | as long as short |
| Bitget AEROUSDT | +0.0100% | 4h | 0.6966 | +0.173% | $4.1M | $2.2M | 75x | as long as short |
Deribit AERO_USDC-PERPETUAL
Injective AERO/USDC PERP
Aster AEROUSDT
Binance AEROUSDT
Bybit AEROUSDT
OKX AERO-USDT-SWAP
Gate AERO_USDT
MEXC AERO_USDT
KuCoin AEROUSDTM
Bitget AEROUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX AERO-USDTlong | +0.0100% | 4h | 0.6954 | long leg | — | $1.8M | — | |
| Variational Omni AERO | +0.0100% | 4h | 0.6942 | −0.166% | $2.0M | $1.8M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6970 | +0.223% | $215K | $1.7M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6942 | −0.180% | $47K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6969 | +0.222% | $20K | $4K | 15x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6942 | −0.173% | $942K | $735K | 25x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0509% / S −0.0240% | 1h | 0.6940 | −0.205% | $91K | — | 100x | as long as short |
| 01 Exchange AEROUSD | +0.0512% | 1h | 0.6976 | +0.309% | $189 | $111 | 3x | as long as short |
| RISEx AERO/USDC | +0.0687% | 1h | 0.6973 | +0.271% | $221K | $402K | 3x | as long as short |
| Hyperliquid AERO | +0.0762% | 1h | 0.6981 | +0.387% | $23.5M | $5.3M | 3x | as long as short |
| Backpack AERO_USDC_PERP | +0.1394% | 1h | 0.6950 | −0.058% | $133K | $321K | 15x | as long as short |
| Lighter AEROshort | +0.1656% | 1h | 0.6974 | +0.293% | $1.3M | $431K | 3x | |
| Coinbase International AERO-PERP-INTX | +0.3896% | 1h | 0.7418 | +6.672% | $98K | $37K | 25x | as long as short |
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Reya AERORUSDPERP
BloFin AERO-USDT
GMX AERO/USD [ETH-USDC]
01 Exchange AEROUSD
RISEx AERO/USDC
Hyperliquid AERO
Backpack AERO_USDC_PERP
Coinbase International AERO-PERP-INTX