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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0697%/8h= +76.3% APRnext payment +$0.87 per $10,000 · paid last 24h +0.203%
Price spread now: Lighter against Injective+0.087%96s7-day average −0.654% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.906%+$91 on $10k
Price spread, last 3 days (all we have)+5.258%+$526 · spread now +0.087%, 7d avg −0.654%
Together, before fees+6.164%+ Points / potential airdropLighter: Season 3 · farm board+$616 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and Lighter is 0.741% dearer against Injective than usual: you sell high and buy low: +$74 more if the spread goes back to its 7-day average of −0.654%. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective AERO/USDC PERP0.69020.0175pay 0.0022% / 1h9m 41s$4$209K5.5x
ShortLighter AERO0.69080.0872get 0.0109% / 1h9m 41s$1.3M$464K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Injective. 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
$146.36
Price spread: +0.087% → −0.654%
$74.09
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Lighter: 0 bp × 2 orders
$0
Net
$220.43
Costs to cover
0.000%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Lighter: live order book, 6 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Lighter live order book, 6 min ago4.85 bp13.4 bp −$1379.6 bp −$796doesn't fitdoesn't fit
Injective: 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 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-PERPETUAL−0.0040%1h0.6886−0.232%$55K$11K10xas long as short
Hyperliquid AERO+0.0100%1h0.6892−0.146%$23.2M$5.3M3xas long as short
Aster AEROUSDT+0.0100%4h0.6890−0.178%$39K$109K10xas long as short
Binance AEROUSDT+0.0100%4h0.6891−0.159%$25.5M$25.3M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6890−0.174%$22.0M$20.5M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6896−0.087%$2.3M$6.8M20xas long as short
Gate AERO_USDT+0.0100%4h0.6888−0.203%$1.6M$533K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6889−0.188%$8.2M$1.7M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6889−0.188%$2.1M$904K50xas long as short
Bitget AEROUSDT+0.0100%4h0.6887−0.217%$4.1M$2.1M75xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AERO-USDT+0.0100%4h0.6888−0.203%$1.8Mas long as short
Variational Omni AERO+0.0100%4h0.6892−0.144%$2.0M$1.7Mas long as short
Extended AERO-USD+0.0104%1h0.6886−0.231%$202K$1.3M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6890−0.178%$46K3xas long as short
Injective AERO/USDC PERPlong+0.0175%1h0.6902long leg$4$209K5.5x
01 Exchange AEROUSD+0.0216%1h0.6892−0.145%$187$1153xas long as short
Reya AERORUSDPERP+0.0228%1h0.6886−0.238%$19K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.6896−0.087%$912K$695K25xas long as short
GMX AERO/USD [ETH-USDC]L +0.0502% / S −0.0223%1h0.6886−0.233%$92K100xas long as short
Backpack AERO_USDC_PERP+0.0524%1h0.6895−0.104%$102K$314K15xas long as short
RISEx AERO/USDC+0.0676%1h0.6893−0.136%$211K$368K3xas long as short
Coinbase International AERO-PERP-INTX+0.0736%1h0.6878−0.348%$91K$32K25xas long as short
Lighter AEROshort+0.0872%1h0.6908+0.087%$1.3M$464K3x