Funding you earn now, next payment 03:00 UTC−0.1164%/8h= −127.5% APRpaid last 24h −0.206%
Price spread now: Binance against Lighter−0.195%7-day average −0.131% · you buy dearer than you sell
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$610.606% of the position
Funding, last 7 days−0.835%−$83 on $10k
+Price spread, last 7 days−0.077%−$8 · spread now −0.195%, 7d avg −0.131%
=Together, before fees−0.912%+ Points / potential airdropLighter: Season 3 · farm board−$91 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$35 a day on $10k at the current rate, and Binance is 0.063% cheaper against Lighter than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.131%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AERO | 0.6910 | 0.1264 | pay 0.0158% / 1h | 40m 59s | $1.3M | $495K | 3x |
| Short | Binance AEROUSDT | 0.6896 | 0.0100 | get 0.0050% / 4h | 1h 40m | $26.1M | $25.2M | 75x |
Lighter AERO
Binance AEROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$244.44
- Price spread: −0.195% → −0.131%
- −$6.33
- Slippage, 4 orders
- −$50.64
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$311.41
- Costs to cover
- 0.606%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 5 min ago; Binance: live order book, 15 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 Lighter live order book, 5 min ago | 6.60 bp | 16.5 bp −$16 | 97.3 bp −$973 | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 0.73 bp | 15.5 bp −$15 | 33.7 bp −$337 | 247.3 bp −$24.7K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AERO/USDC PERP | +0.0033% | 1h | 0.6902 | −0.113% | $4 | $209K | 5.5x | as long as short |
| Deribit AERO_USDC-PERPETUAL | +0.0040% | 1h | 0.6891 | −0.272% | $55K | $11K | 10x | as long as short |
| Hyperliquid AERO | +0.0100% | 1h | 0.6898 | −0.168% | $23.1M | $5.2M | 3x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6893 | −0.241% | $39K | $117K | 10x | as long as short |
| Binance AEROUSDTshort | +0.0100% | 4h | 0.6896 | −0.195% | $26.1M | $25.2M | 75x | |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6895 | −0.214% | $22.4M | $18.9M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6902 | −0.113% | $2.3M | $6.6M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6892 | −0.258% | $1.6M | $481K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6893 | −0.243% | $8.2M | $1.6M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6894 | −0.229% | $2.1M | $938K | 50x | as long as short |
Injective AERO/USDC PERP
Deribit AERO_USDC-PERPETUAL
Hyperliquid AERO
Aster 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 | 0.6895 | −0.214% | $4.1M | $1.9M | 75x | as long as short |
| BingX AERO-USDT | +0.0100% | 4h | 0.6894 | −0.229% | — | $1.7M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6891 | −0.270% | $2.0M | $1.3M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6890 | −0.284% | $206K | $2.0M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6890 | −0.292% | $46K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6893 | −0.250% | $19K | $4K | 15x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6899 | −0.156% | $943K | $633K | 25x | as long as short |
| 01 Exchange AEROUSD | +0.0408% | 1h | 0.6892 | −0.252% | $187 | $101 | 3x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0506% / S −0.0237% | 1h | 0.6890 | −0.290% | $90K | — | 100x | as long as short |
| RISEx AERO/USDC | +0.0540% | 1h | 0.6890 | −0.289% | $207K | $405K | 3x | as long as short |
| Backpack AERO_USDC_PERP | +0.1062% | 1h | 0.6902 | −0.111% | $113K | $295K | 15x | as long as short |
| Lighter AEROlong | +0.1264% | 1h | 0.6910 | long leg | $1.3M | $495K | 3x | |
| Coinbase International AERO-PERP-INTX | +1.0840% | 1h | 0.6899 | −0.156% | $90K | $36K | 25x | as long as short |
Bitget AEROUSDT
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Reya AERORUSDPERP
BloFin AERO-USDT
01 Exchange AEROUSD
GMX AERO/USD [ETH-USDC]
RISEx AERO/USDC
Backpack AERO_USDC_PERP
Coinbase International AERO-PERP-INTX