Funding you earn now, next payment 06:00 UTC−0.0226%/8h= −24.7% APRnext payment −$0.28 per $10,000 · paid last 24h −0.184%
Price spread now: GMX against Lighter−0.216%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 −$7 a day on $10k at the current rate, and GMX is 0.216% cheaper against Lighter than usual: you would sell low and buy high (−$22 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 | 0.6853 | 0.0472 | pay 0.0059% / 1h | 15m 02s | $1.3M | $507K | 3x |
| Short | GMX AERO/USD [ETH-USDC] | 0.6838 | L +0.0505% / S −0.0246% | get 0.0031% / 1h | 15m 02s | $88K | — | 100x |
Lighter AERO
GMX AERO/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- −$47.46
- Price spread: −0.216% → 0.000%
- −$21.57
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$81.03
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 1 min ago; GMX: 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, 1 min ago | 2.99 bp | 24.5 bp −$24 | 111.3 bp −$1,113 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AERO/USDC PERP | +0.0033% | 1h | 0.6902 | +0.716% | $4 | $209K | 5.5x | as long as short |
| Deribit AERO_USDC-PERPETUAL | +0.0042% | 1h | 0.6842 | −0.159% | $54K | $11K | 10x | as long as short |
| Hyperliquid AERO | +0.0100% | 1h | 0.6847 | −0.082% | $22.6M | $5.3M | 3x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6840 | −0.184% | $41K | $124K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6843 | −0.146% | $25.8M | $25.1M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6843 | −0.144% | $22.3M | $18.2M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6849 | −0.057% | $2.3M | $5.9M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6840 | −0.188% | $1.6M | $475K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6842 | −0.159% | $8.4M | $1.6M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6851 | −0.028% | $2.0M | $1.1M | 50x | as long as short |
Injective AERO/USDC PERP
Deribit AERO_USDC-PERPETUAL
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 | 0.6840 | −0.188% | $4.0M | $1.8M | 75x | as long as short |
| BingX AERO-USDT | +0.0100% | 4h | 0.6844 | −0.130% | — | $1.8M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6846 | −0.103% | $1.9M | $1.2M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6840 | −0.186% | $201K | $1.4M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6839 | −0.196% | $46K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6841 | −0.175% | $19K | $4K | 15x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6839 | −0.203% | $923K | $594K | 25x | as long as short |
| 01 Exchange AEROUSD | +0.0360% | 1h | 0.6850 | −0.039% | $186 | $101 | 3x | as long as short |
| RISEx AERO/USDC | +0.0382% | 1h | 0.6844 | −0.123% | $199K | $490K | 3x | as long as short |
| Backpack AERO_USDC_PERP | +0.0453% | 1h | 0.6849 | −0.060% | $93K | $260K | 15x | as long as short |
| Lighter AEROlong | +0.0472% | 1h | 0.6853 | long leg | $1.3M | $507K | 3x | |
| GMX AERO/USD [ETH-USDC]short | L +0.0505% / S −0.0246% | 1h | 0.6838 | −0.216% | $88K | — | 100x | |
| Coinbase International AERO-PERP-INTX | +0.1984% | 1h | 0.6855 | +0.031% | $89K | $35K | 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
RISEx AERO/USDC
Backpack AERO_USDC_PERP
Coinbase International AERO-PERP-INTX