Funding you earn now, next payment 05:00 UTC−0.0668%/8h= −73.1% APRpaid last 24h −0.164%
Price spread now: BloFin against Lighter+0.216%90s7-day average −0.204% · you sell dearer than you buy
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$620.616% of the position
Funding, last 7 days−0.721%−$72 on $10k
+Price spread, last 4 days (all we have)−0.183%−$18 · spread now +0.216%, 7d avg −0.204%
=Together, before fees−0.904%+ Points / potential airdropLighter: Season 3 · farm board−$90 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.420% dearer against Lighter than usual: you sell high and buy low (spread +0.216% now, against its 7-day average of −0.204%): +$42 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 2.1 days. The two prices were read 90 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AERO | 0.6856 | 0.1008 | pay 0.0126% / 1h | 1m 25s | $1.3M | $496K | 3x |
| Short | BloFin AERO-USDT | 0.6871 | 0.0340 | get 0.0170% / 4h | 3h 01m | $939K | $579K | 25x |
Lighter AERO
BloFin AERO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$140.28
- Price spread: +0.216% → −0.204%
- $42.01
- Slippage, 4 orders
- −$49.61
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$159.88
- Costs to cover
- 0.616%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 5 min ago; BloFin: live order book, 31 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 | 4.28 bp | 31.4 bp −$31 | 121.1 bp −$1,211 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 31 min ago | 0.72 bp | 14.2 bp −$14 | 25.5 bp −$255 | 122.2 bp −$12.2K | 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 | 0.0000% | 1h | 0.6843 | −0.193% | $54K | $11K | 10x | as long as short |
| Injective AERO/USDC PERP | +0.0033% | 1h | 0.6902 | +0.668% | $4 | $209K | 5.5x | as long as short |
| Hyperliquid AERO | +0.0100% | 1h | 0.6847 | −0.139% | $22.8M | $5.2M | 3x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6843 | −0.188% | $40K | $122K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6844 | −0.178% | $26.0M | $25.0M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6842 | −0.207% | $22.2M | $18.0M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6844 | −0.178% | $2.3M | $5.8M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6838 | −0.265% | $1.6M | $467K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6846 | −0.149% | $8.3M | $1.5M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6843 | −0.193% | $2.1M | $934K | 50x | as long as short |
Deribit AERO_USDC-PERPETUAL
Injective AERO/USDC PERP
Hyperliquid AERO
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 | 0.6842 | −0.207% | $4.0M | $1.8M | 75x | as long as short |
| BingX AERO-USDT | +0.0100% | 4h | 0.6844 | −0.178% | — | $1.7M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6880 | +0.351% | $2.0M | $1.2M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6844 | −0.183% | $209K | $1.4M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6840 | −0.233% | $46K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6845 | −0.161% | $19K | $4K | 15x | as long as short |
| BloFin AERO-USDTshort | +0.0340% | 4h | 0.6871 | +0.216% | $939K | $579K | 25x | |
| 01 Exchange AEROUSD | +0.0448% | 1h | 0.6850 | −0.090% | $186 | $101 | 3x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0505% / S −0.0237% | 1h | 0.6841 | −0.218% | $89K | — | 100x | as long as short |
| RISEx AERO/USDC | +0.0658% | 1h | 0.6845 | −0.157% | $200K | $472K | 3x | as long as short |
| Backpack AERO_USDC_PERP | +0.0960% | 1h | 0.6847 | −0.134% | $94K | $259K | 15x | as long as short |
| Lighter AEROlong | +0.1008% | 1h | 0.6856 | long leg | $1.3M | $496K | 3x | |
| Coinbase International AERO-PERP-INTX | +0.3376% | 1h | 0.6943 | +1.266% | $90K | $35K | 25x | as long as short |
Bitget AEROUSDT
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Reya AERORUSDPERP
01 Exchange AEROUSD
GMX AERO/USD [ETH-USDC]
RISEx AERO/USDC
Backpack AERO_USDC_PERP
Coinbase International AERO-PERP-INTX