Funding you earn now, next payment 11:00 UTC−0.0964%/8h= −105.6% APRpaid last 24h −0.242%
Price spread now: Bybit against Lighter−0.279%7-day average −0.138% · you buy dearer than you sell
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$510.507% of the position
Funding, last 7 days−0.926%−$93 on $10k
+Price spread, last 7 days+0.194%+$19 · spread now −0.279%, 7d avg −0.138%
=Together, before fees−0.731%+ Points / potential airdropLighter: Season 3 · farm board−$73 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$29 a day on $10k at the current rate, and Bybit is 0.141% cheaper against Lighter than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.138%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AERO | 0.7124 | 0.1064 | pay 0.0133% / 1h | 57m 59s | $1.3M | $387K | 3x |
| Short | Bybit AEROUSDT | 0.7104 | 0.0100 | get 0.0050% / 4h | 1h 57m | $23.5M | $18.0M | 25x |
Lighter AERO
Bybit AEROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$202.44
- Price spread: −0.279% → −0.138%
- −$14.12
- Slippage, 4 orders
- −$39.67
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$267.23
- Costs to cover
- 0.507%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 1 min ago; Bybit: live order book, 4 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, 1 min ago | 7.79 bp | 17.9 bp −$18 | 97.8 bp −$978 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 0.70 bp | 12.7 bp −$13 | 31.3 bp −$313 | 322.1 bp −$32.2K | doesn't fit |
AERO on 23 exchanges
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 | −3.115% | $4 | $209K | 5.5x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.7115 | −0.130% | $43K | $108K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.7111 | −0.181% | $27.1M | $25.5M | 75x | as long as short |
| Bybit AEROUSDTshort | +0.0100% | 4h | 0.7104 | −0.279% | $23.5M | $18.0M | 25x | |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.7112 | −0.167% | $2.4M | $5.6M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.7106 | −0.251% | $1.7M | $475K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.7110 | −0.195% | $8.6M | $1.4M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.7107 | −0.237% | $2.2M | $1.2M | 50x | as long as short |
| Bitget AEROUSDT | +0.0100% | 4h | 0.7106 | −0.251% | $4.2M | $2.0M | 75x | as long as short |
| BingX AERO-USDT | +0.0100% | 4h | 0.7109 | −0.209% | — | $1.8M | — | as long as short |
Injective AERO/USDC PERP
Aster AEROUSDT
Binance AEROUSDT
OKX AERO-USDT-SWAP
Gate AERO_USDT
MEXC AERO_USDT
KuCoin AEROUSDTM
Bitget AEROUSDT
BingX AERO-USDTShow all 23 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AERO | +0.0100% | 4h | 0.7105 | −0.268% | $2.0M | $841K | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.7106 | −0.253% | $221K | $1.4M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.7106 | −0.251% | $48K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.7107 | −0.234% | $20K | $4K | 15x | as long as short |
| Deribit AERO_USDC-PERPETUAL | +0.0313% | 1h | 0.7110 | −0.195% | $56K | $684 | 10x | as long as short |
| BloFin AERO-USDT | +0.0400% | 4h | 0.7114 | −0.139% | $988K | $661K | 25x | as long as short |
| Backpack AERO_USDC_PERP | +0.0441% | 1h | 0.7111 | −0.178% | $102K | $234K | 15x | as long as short |
| RISEx AERO/USDC | +0.0502% | 1h | 0.7109 | −0.204% | $224K | $586K | 3x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0516% / S −0.0233% | 1h | 0.7110 | −0.194% | $93K | — | 100x | as long as short |
| Hyperliquid AERO | +0.0714% | 1h | 0.7118 | −0.076% | $23.4M | $5.9M | 3x | as long as short |
| 01 Exchange AEROUSD | +0.0816% | 1h | 0.7121 | −0.038% | $193 | $101 | 3x | as long as short |
| Lighter AEROlong | +0.1064% | 1h | 0.7124 | long leg | $1.3M | $387K | 3x | |
| Coinbase International AERO-PERP-INTX | +0.2200% | 1h | 0.6701 | −5.936% | $84K | $38K | 25x | as long as short |
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Reya AERORUSDPERP
Deribit AERO_USDC-PERPETUAL
BloFin AERO-USDT
Backpack AERO_USDC_PERP
RISEx AERO/USDC
GMX AERO/USD [ETH-USDC]
Hyperliquid AERO
01 Exchange AEROUSD
Coinbase International AERO-PERP-INTX