Funding you earn now, next payment 13:00 UTC+0.0194%/8h= +21.3% APRnext payment +$0.24 per $10,000 · paid last 24h +0.122%
Price spread now: Lighter against GMX+0.129%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 +$6 a day on $10k at the current rate, and Lighter is 0.129% dearer against GMX than usual: you sell high and buy low: +$13 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 | GMX AERO/USD [ETH-USDC] | 0.6916 | L +0.0526% / S −0.0261% | pay 0.0066% / 1h | 24m 56s | $92K | — | 100x |
| Short | Lighter AERO | 0.6925 | 0.0720 | get 0.0090% / 1h | 24m 56s | $1.3M | $369K | 3x |
GMX AERO/USD [ETH-USDC]
Lighter AEROFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against GMX. 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
- $40.79
- Price spread: +0.129% → 0.000%
- $12.87
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $41.66
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: GMX: no order-book sample; Lighter: live order book, 4 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 GMX no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 4 min ago | 8.81 bp | 10.3 bp −$10 | 77.0 bp −$770 | doesn't fit | doesn't fit |
GMX: 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International AERO-PERP-INTX | −0.2816% | 1h | 0.6899 | −0.241% | $84K | $41K | 25x | as long as short |
| BloFin AERO-USDT | −0.0200% | 4h | 0.6920 | +0.062% | $958K | $519K | 25x | as long as short |
| Deribit AERO_USDC-PERPETUAL | 0.0000% | 1h | 0.6910 | −0.082% | $55K | — | 10x | as long as short |
| Injective AERO/USDC PERP | +0.0033% | 1h | 0.6902 | −0.198% | $4 | $209K | 5.5x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6916 | +0.010% | $42K | $103K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6907 | −0.125% | $26.1M | $24.5M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6901 | −0.213% | $23.2M | $17.6M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6906 | −0.140% | $2.3M | $5.4M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6911 | −0.068% | $1.6M | $468K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6912 | −0.054% | $8.6M | $1.4M | 100x | as long as short |
Coinbase International AERO-PERP-INTX
BloFin AERO-USDT
Deribit AERO_USDC-PERPETUAL
Injective AERO/USDC PERP
Aster AEROUSDT
Binance AEROUSDT
Bybit AEROUSDT
OKX AERO-USDT-SWAP
Gate AERO_USDT
MEXC AERO_USDTShow all 23 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6914 | −0.025% | $1.9M | $1.2M | 50x | as long as short |
| Bitget AEROUSDT | +0.0100% | 4h | 0.6904 | −0.169% | $4.1M | $2.0M | 75x | as long as short |
| BingX AERO-USDT | +0.0100% | 4h | 0.6911 | −0.068% | — | $1.8M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6926 | +0.149% | $1.9M | $868K | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6909 | −0.103% | $217K | $1.6M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6915 | −0.012% | $46K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6919 | +0.043% | $19K | $4K | 15x | as long as short |
| Hyperliquid AERO | +0.0298% | 1h | 0.6917 | +0.024% | $22.7M | $5.7M | 3x | as long as short |
| Backpack AERO_USDC_PERP | +0.0302% | 1h | 0.6915 | −0.003% | $95K | $215K | 15x | as long as short |
| 01 Exchange AEROUSD | +0.0480% | 1h | 0.6933 | +0.246% | $188 | $42 | 3x | as long as short |
| GMX AERO/USD [ETH-USDC]long | L +0.0526% / S −0.0261% | 1h | 0.6916 | long leg | $92K | — | 100x | |
| RISEx AERO/USDC | +0.0536% | 1h | 0.6927 | +0.170% | $203K | $592K | 3x | as long as short |
| Lighter AEROshort | +0.0720% | 1h | 0.6925 | +0.129% | $1.3M | $369K | 3x |
KuCoin AEROUSDTM
Bitget AEROUSDT
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Reya AERORUSDPERP
Hyperliquid AERO
Backpack AERO_USDC_PERP
01 Exchange AEROUSD
RISEx AERO/USDC