Funding you earn now, next payment 09:00 UTC−0.0840%/8h= −92.0% APRnext payment −$1.05 per $10,000 · paid last 24h −0.226%
Price spread now: Aevo against Lighter−0.311%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 against this trade now: funding costs −$25 a day on $10k at the current rate, and Aevo is 0.311% cheaper against Lighter than usual: you would sell low and buy high (−$31 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AERO | 0.6905 | 0.0944 | pay 0.0118% / 1h | 58m 47s | $1.3M | $385K | 3x |
| Short | Aevo AERO-PERP | 0.6884 | 0.0104 | get 0.0013% / 1h | 58m 47s | $46K | — | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Lighter. 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
- −$176.4
- Price spread: −0.311% → 0.000%
- −$31.14
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$223.54
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 2 min ago; Aevo: no order-book sample. 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 Lighter live order book, 2 min ago | 5.22 bp | 21.7 bp −$22 | 105.9 bp −$1,059 | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International AERO-PERP-INTX | −0.0280% | 1h | 0.6450 | −6.589% | $82K | $36K | 25x | as long as short |
| Deribit AERO_USDC-PERPETUAL | 0.0000% | 1h | 0.6884 | −0.304% | $55K | $11K | 10x | as long as short |
| Injective AERO/USDC PERP | +0.0033% | 1h | 0.6902 | −0.043% | $4 | $209K | 5.5x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6890 | −0.216% | $42K | $127K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6892 | −0.188% | $25.9M | $25.1M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6890 | −0.217% | $22.5M | $18.0M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6899 | −0.087% | $2.3M | $5.8M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6885 | −0.290% | $1.6M | $462K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6893 | −0.174% | $8.4M | $1.4M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6885 | −0.290% | $2.0M | $1.1M | 50x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AEROUSDT | +0.0100% | 4h | 0.6887 | −0.261% | $4.0M | $1.9M | 75x | as long as short |
| BingX AERO-USDT | +0.0100% | 4h | 0.6889 | −0.232% | — | $1.8M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6881 | −0.347% | $2.0M | $1.2M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6887 | −0.263% | $207K | $1.4M | 10x | as long as short |
| Aevo AERO-PERPshort | +0.0104% | 1h | 0.6884 | −0.311% | $46K | — | 3x | |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6883 | −0.318% | $19K | $4K | 15x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6884 | −0.304% | $940K | $576K | 25x | as long as short |
| 01 Exchange AEROUSD | +0.0408% | 1h | 0.6889 | −0.224% | $187 | $101 | 3x | as long as short |
| RISEx AERO/USDC | +0.0503% | 1h | 0.6886 | −0.275% | $203K | $547K | 3x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0518% / S −0.0255% | 1h | 0.6882 | −0.334% | $90K | — | 100x | as long as short |
| Backpack AERO_USDC_PERP | +0.0598% | 1h | 0.6890 | −0.220% | $93K | $261K | 15x | as long as short |
| Hyperliquid AERO | +0.0634% | 1h | 0.6903 | −0.023% | $22.7M | $5.3M | 3x | as long as short |
| Lighter AEROlong | +0.0944% | 1h | 0.6905 | long leg | $1.3M | $385K | 3x |
Lighter AERO
Coinbase International AERO-PERP-INTX
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 AEROUSDTM
Bitget AEROUSDT
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
BloFin AERO-USDT
01 Exchange AEROUSD
RISEx AERO/USDC
GMX AERO/USD [ETH-USDC]
Backpack AERO_USDC_PERP
Hyperliquid AERO