Settings8H · net · $10k
Funding arb · Price arb /

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0364%/8h= +39.9% APRpaid last 24h +0.187%
Price spread now: Lighter against BloFin+0.274%7-day average +0.203% · you sell dearer than you buy
Net, funding: paid 7d − costs+$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$480.477% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.726%+$73 on $10k
Price spread, last 4 days (all we have)−0.323%−$32 · spread now +0.274%, 7d avg +0.203%
Together, before fees+0.403%+ Points / potential airdropLighter: Season 3 · farm board+$40 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Lighter is 0.071% dearer against BloFin than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.203%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin AERO-USDT0.68530.0340pay 0.0170% / 4h43m 04s$938K$580K25x
ShortLighter AERO0.68720.0704get 0.0088% / 1h43m 04s$1.3M$484K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against BloFin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$76.44
Price spread: +0.274% → +0.203%
$7.09
Slippage, 4 orders
−$35.69
Fee BloFin: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
$35.84
Costs to cover
0.477%
Break-even
3.7 days
Slippage from BloFin: live order book, 59 min ago; Lighter: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 59 min ago2.90 bp12.3 bp −$1232.2 bp −$322doesn't fitdoesn't fit
Sell Lighter live order book, 8 min ago4.28 bp11.8 bp −$1273.8 bp −$738doesn't fitdoesn't fit

AERO on 23 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit AERO_USDC-PERPETUAL0.0000%1h0.6858+0.073%$54K$11K10xas long as short
Injective AERO/USDC PERP+0.0033%1h0.6902+0.715%$4$209K5.5xas long as short
Hyperliquid AERO+0.0100%1h0.6860+0.102%$23.0M$5.2M3xas long as short
Aster AEROUSDT+0.0100%4h0.6868+0.216%$39K$116K10xas long as short
Binance AEROUSDT+0.0100%4h0.6862+0.126%$26.0M$24.8M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6858+0.073%$22.3M$18.2M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6860+0.102%$2.3M$5.8M20xas long as short
Gate AERO_USDT+0.0100%4h0.6859+0.088%$1.6M$459K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6860+0.102%$8.2M$1.5M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6869+0.233%$2.1M$928K50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AEROUSDT+0.0100%4h0.6855+0.029%$4.0M$1.8M75xas long as short
BingX AERO-USDT+0.0100%4h0.6860+0.102%$1.7Mas long as short
Variational Omni AERO+0.0100%4h0.6856+0.047%$2.0M$1.2Mas long as short
Extended AERO-USD+0.0104%1h0.6856+0.047%$208K$2.0M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6862+0.129%$46K3xas long as short
Reya AERORUSDPERP+0.0228%1h0.6858+0.070%$19K$4K15xas long as short
01 Exchange AEROUSD+0.0320%1h0.6869+0.229%$186$1013xas long as short
BloFin AERO-USDTlong+0.0340%4h0.6853long leg$938K$580K25x
GMX AERO/USD [ETH-USDC]L +0.0506% / S −0.0237%1h0.6857+0.053%$89K100xas long as short
RISEx AERO/USDC+0.0677%1h0.6867+0.206%$203K$435K3xas long as short
Lighter AEROshort+0.0704%1h0.6872+0.274%$1.3M$484K3x
Backpack AERO_USDC_PERP+0.0818%1h0.6864+0.163%$112K$292K15xas long as short
Coinbase International AERO-PERP-INTX+0.6656%1h0.6877+0.350%$90K$36K25xas long as short