Funding you earn now, next payment 22:00 UTC+0.0724%/8h= +79.3% APRpaid last 24h +0.167%
Price spread now: Lighter against Bybit+0.234%7-day average +0.189% · you sell dearer than you buy
Net, funding: paid 7d − costs+$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$610.606% of the position
Funding, last 7 days+0.815%+$82 on $10k
+Price spread, last 4 days (all we have)−0.214%−$21 · spread now +0.234%, 7d avg +0.189%
=Together, before fees+0.602%+ Points / potential airdropLighter: Season 3 · farm board+$60 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Lighter is 0.045% dearer against Bybit than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.189%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AEROUSDT | 0.6877 | 0.0100 | pay 0.0050% / 4h | 2h 29m | $21.9M | $20.5M | 25x |
| Short | Lighter AERO | 0.6893 | 0.0824 | get 0.0103% / 1h | 29m 35s | $1.3M | $492K | 3x |
Bybit AEROUSDT
Lighter AEROFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bybit. 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
- $152.04
- Price spread: +0.234% → +0.189%
- $4.55
- Slippage, 4 orders
- −$49.61
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $95.98
- Costs to cover
- 0.606%
- Break-even
- 2.6 days
Slippage from Bybit: live order book, 4 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 Bybit live order book, 4 min ago | 0.73 bp | 12.9 bp −$13 | 40.7 bp −$407 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 1 min ago | 5.08 bp | 11.6 bp −$12 | 79.0 bp −$790 | 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 | −0.0186% | 1h | 0.6874 | −0.044% | $55K | $11K | 10x | as long as short |
| Injective AERO/USDC PERP | +0.0052% | 1h | 0.6891 | +0.204% | $4 | $166K | 5.5x | as long as short |
| Hyperliquid AERO | +0.0100% | 1h | 0.6878 | +0.017% | $23.1M | $5.7M | 3x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6874 | −0.044% | $38K | $108K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6876 | −0.015% | $25.4M | $25.6M | 75x | as long as short |
| Bybit AEROUSDTlong | +0.0100% | 4h | 0.6877 | long leg | $21.9M | $20.5M | 25x | |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6877 | 0.000% | $2.3M | $6.8M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6871 | −0.087% | $1.6M | $562K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6874 | −0.044% | $8.1M | $1.6M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6875 | −0.029% | $2.2M | $860K | 50x | as long as short |
Deribit AERO_USDC-PERPETUAL
Injective AERO/USDC PERP
Hyperliquid AERO
Aster AEROUSDT
Binance AEROUSDT
OKX AERO-USDT-SWAP
Gate AERO_USDT
MEXC AERO_USDT
KuCoin AEROUSDTMShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AEROUSDT | +0.0100% | 4h | 0.6874 | −0.044% | $4.1M | $2.2M | 75x | as long as short |
| BingX AERO-USDT | +0.0100% | 4h | 0.6875 | −0.029% | — | $1.8M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6871 | −0.092% | $1.9M | $1.7M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6875 | −0.028% | $201K | $1.3M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6870 | −0.098% | $46K | — | 3x | as long as short |
| 01 Exchange AEROUSD | +0.0216% | 1h | 0.6880 | +0.048% | $186 | $115 | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6875 | −0.034% | $19K | $4K | 15x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6871 | −0.087% | $912K | $699K | 25x | as long as short |
| Backpack AERO_USDC_PERP | +0.0437% | 1h | 0.6879 | +0.025% | $102K | $313K | 15x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0502% / S −0.0229% | 1h | 0.6871 | −0.091% | $91K | — | 100x | as long as short |
| RISEx AERO/USDC | +0.0530% | 1h | 0.6880 | +0.043% | $221K | $374K | 3x | as long as short |
| Lighter AEROshort | +0.0824% | 1h | 0.6893 | +0.234% | $1.3M | $492K | 3x | |
| Coinbase International AERO-PERP-INTX | +0.1488% | 1h | 0.6869 | −0.116% | $91K | $18K | 25x | as long as short |
Bitget AEROUSDT
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
01 Exchange AEROUSD
Reya AERORUSDPERP
BloFin AERO-USDT
Backpack AERO_USDC_PERP
GMX AERO/USD [ETH-USDC]
RISEx AERO/USDC
Coinbase International AERO-PERP-INTX