Funding you earn now, next payment 22:00 UTC+0.0396%/8h= +43.4% APRnext payment +$0.50 per $10,000 · paid last 24h +0.143%
Price spread now: Lighter against Hyperliquid+0.283%7-day average +0.070% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.537%+$54 on $10k
+Price spread, last 4 days (all we have)−0.343%−$34 · spread now +0.283%, 7d avg +0.070%
=Together, before fees+0.193%+ Points / potential airdropHyperliquid: Season 2 · Lighter: Season 3 · farm board+$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Lighter is 0.213% dearer against Hyperliquid than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.070%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid AERO | 0.6867 | 0.0100 | pay 0.0013% / 1h | 56m 19s | $23.1M | $5.7M | 3x |
| Short | Lighter AERO | 0.6886 | 0.0496 | get 0.0062% / 1h | 56m 19s | $1.3M | $492K | 3x |
Hyperliquid AERO
Lighter AEROFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Hyperliquid. 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
- $83.16
- Price spread: +0.283% → +0.070%
- $21.25
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $95.41
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Hyperliquid: live order book, 7 min ago; Lighter: live order book, 5 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 Hyperliquid live order book, 7 min ago | 1.09 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 5 min ago | 5.22 bp | 13.8 bp −$14 | 85.4 bp −$854 | 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 | −0.0041% | 1h | 0.6874 | +0.106% | $55K | $11K | 10x | as long as short |
| Injective AERO/USDC PERP | +0.0052% | 1h | 0.6891 | +0.354% | $4 | $166K | 5.5x | as long as short |
| Hyperliquid AEROlong | +0.0100% | 1h | 0.6867 | long leg | $23.1M | $5.7M | 3x | |
| Aster AEROUSDT | +0.0100% | 4h | 0.6872 | +0.076% | $39K | $107K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6868 | +0.019% | $25.4M | $25.6M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6865 | −0.025% | $21.8M | $20.6M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6870 | +0.048% | $2.3M | $6.7M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6864 | −0.039% | $1.6M | $559K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6869 | +0.033% | $8.1M | $1.6M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6863 | −0.054% | $2.3M | $849K | 50x | 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 AEROUSDTMShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AEROUSDT | +0.0100% | 4h | 0.6858 | −0.127% | $4.1M | $2.2M | 75x | as long as short |
| BingX AERO-USDT | +0.0100% | 4h | 0.6864 | −0.039% | — | $1.8M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6887 | +0.290% | $1.8M | $1.7M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6872 | +0.081% | $200K | $1.3M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6875 | +0.114% | $46K | — | 3x | as long as short |
| 01 Exchange AEROUSD | +0.0112% | 1h | 0.6864 | −0.047% | $186 | $115 | 3x | as long as short |
| Backpack AERO_USDC_PERP | +0.0179% | 1h | 0.6883 | +0.233% | $102K | $318K | 15x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6866 | −0.016% | $19K | $4K | 15x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6877 | +0.150% | $915K | $713K | 25x | as long as short |
| Lighter AEROshort | +0.0496% | 1h | 0.6886 | +0.283% | $1.3M | $492K | 3x | |
| GMX AERO/USD [ETH-USDC] | L +0.0501% / S −0.0229% | 1h | 0.6869 | +0.030% | $91K | — | 100x | as long as short |
| RISEx AERO/USDC | +0.0530% | 1h | 0.6866 | −0.004% | $206K | $417K | 3x | as long as short |
| Coinbase International AERO-PERP-INTX | +0.1488% | 1h | 0.6900 | +0.485% | $92K | $18K | 25x | as long as short |
Bitget AEROUSDT
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
01 Exchange AEROUSD
Backpack AERO_USDC_PERP
Reya AERORUSDPERP
BloFin AERO-USDT
GMX AERO/USD [ETH-USDC]
RISEx AERO/USDC
Coinbase International AERO-PERP-INTX