Funding you earn now, next payment 04:00 UTC−0.0740%/8h= −81.0% APRpaid last 24h −0.217%
Price spread now: Gate against Lighter−0.055%7-day average −0.154% · you buy dearer than you sell
Net, funding: paid 7d − costs−$183as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$950.951% of the position
Funding, last 7 days−0.877%−$88 on $10k
+Price spread, last 7 days−0.179%−$18 · spread now −0.055%, 7d avg −0.154%
=Together, before fees−1.055%+ Points / potential airdropLighter: Season 3 · farm board−$106 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.099% dearer against Lighter than usual: you sell high and buy low (spread −0.055% now, against its 7-day average of −0.154%): +$10 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 11 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AERO | 0.6890 | 0.0840 | pay 0.0105% / 1h | 52m 09s | $1.3M | $483K | 3x |
| Short | Gate AERO_USDT | 0.6886 | 0.0100 | get 0.0050% / 4h | 52m 09s | $1.6M | $457K | 75x |
Lighter AERO
Gate AERO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$155.4
- Price spread: −0.055% → −0.154%
- $9.9
- Slippage, 4 orders
- −$80.13
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$240.62
- Costs to cover
- 0.951%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 4 min ago; Gate: live order book, 5 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, 4 min ago | 4.56 bp | 16.9 bp −$17 | 109.9 bp −$1,099 | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 3.63 bp | 38.7 bp −$39 | 238.0 bp −$2,380 | doesn't fit | 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 | 0.6876 | −0.200% | $55K | $11K | 10x | as long as short |
| Injective AERO/USDC PERP | +0.0033% | 1h | 0.6902 | +0.177% | $4 | $209K | 5.5x | as long as short |
| Hyperliquid AERO | +0.0100% | 1h | 0.6883 | −0.099% | $23.2M | $5.1M | 3x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6889 | −0.014% | $39K | $115K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6882 | −0.116% | $26.1M | $24.8M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6880 | −0.142% | $22.4M | $18.3M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6887 | −0.041% | $2.3M | $5.8M | 20x | as long as short |
| Gate AERO_USDTshort | +0.0100% | 4h | 0.6886 | −0.055% | $1.6M | $457K | 75x | |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6883 | −0.099% | $8.2M | $1.5M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6890 | +0.003% | $2.1M | $932K | 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
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 | 0.6879 | −0.157% | $4.0M | $1.8M | 75x | as long as short |
| BingX AERO-USDT | +0.0100% | 4h | 0.6884 | −0.084% | — | $1.7M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6903 | +0.197% | $2.0M | $1.3M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6875 | −0.213% | $208K | $2.0M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6876 | −0.200% | $46K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6880 | −0.148% | $19K | $4K | 15x | as long as short |
| 01 Exchange AEROUSD | +0.0328% | 1h | 0.6883 | −0.106% | $187 | $101 | 3x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6892 | +0.032% | $942K | $606K | 25x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0506% / S −0.0237% | 1h | 0.6876 | −0.203% | $90K | — | 100x | as long as short |
| RISEx AERO/USDC | +0.0677% | 1h | 0.6878 | −0.166% | $200K | $429K | 3x | as long as short |
| Lighter AEROlong | +0.0840% | 1h | 0.6890 | long leg | $1.3M | $483K | 3x | |
| Backpack AERO_USDC_PERP | +0.0892% | 1h | 0.6889 | −0.007% | $113K | $292K | 15x | as long as short |
| Coinbase International AERO-PERP-INTX | +0.6656% | 1h | 0.6904 | +0.206% | $90K | $36K | 25x | as long as short |
Bitget AEROUSDT
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Reya AERORUSDPERP
01 Exchange AEROUSD
BloFin AERO-USDT
GMX AERO/USD [ETH-USDC]
RISEx AERO/USDC
Backpack AERO_USDC_PERP
Coinbase International AERO-PERP-INTX