Funding you earn now, next payment 01:00 UTC−0.1623%/8h= −177.7% APRnext payment −$2.03 per $10,000 · paid last 24h −0.228%
Price spread now: Injective against Lighter−2.112%7-day average +0.613% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.934%−$93 on $10k
+Price spread, last 3 days (all we have)−1.278%−$128 · spread now −2.112%, 7d avg +0.613%
=Together, before fees−2.211%+ Points / potential airdropLighter: Season 3 · farm board−$221 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$49 a day on $10k at the current rate, and Injective is 2.725% cheaper against Lighter than usual: you would sell low and buy high (−$272 if the spread goes back to its 7-day average of +0.613%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.934% in total (about -48.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.03 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AERO | 0.7051 | 0.1656 | pay 0.0207% / 1h | 10m 37s | $1.3M | $464K | 3x |
| Short | Injective AERO/USDC PERP | 0.6902 | 0.0033 | get 0.0004% / 1h | 10m 37s | $4 | $209K | 5.5x |
Lighter AERO
Injective AERO/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$340.76
- Price spread: −2.112% → +0.613%
- −$272.48
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$613.26
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 5 min ago; Injective: 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, 5 min ago | 3.78 bp | 23.5 bp −$24 | 114.8 bp −$1,148 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 PERPshort | +0.0033% | 1h | 0.6902 | −2.112% | $4 | $209K | 5.5x | |
| Deribit AERO_USDC-PERPETUAL | +0.0035% | 1h | 0.7017 | −0.481% | $56K | $11K | 10x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.7027 | −0.335% | $42K | $113K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.7039 | −0.172% | $26.8M | $25.9M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.7036 | −0.211% | $22.8M | $20.2M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.7036 | −0.211% | $2.4M | $6.8M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.7034 | −0.240% | $1.6M | $502K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.7039 | −0.169% | $8.4M | $1.7M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.7031 | −0.282% | $2.2M | $934K | 50x | as long as short |
| Bitget AEROUSDT | +0.0100% | 4h | 0.7032 | −0.268% | $4.2M | $2.1M | 75x | as long as short |
Deribit AERO_USDC-PERPETUAL
Aster AEROUSDT
Binance AEROUSDT
Bybit AEROUSDT
OKX AERO-USDT-SWAP
Gate AERO_USDT
MEXC AERO_USDT
KuCoin AEROUSDTM
Bitget AEROUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX AERO-USDT | +0.0100% | 4h | 0.7038 | −0.183% | — | $1.8M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.7016 | −0.490% | $2.0M | $1.7M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.7030 | −0.290% | $218K | $2.0M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.7015 | −0.515% | $47K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.7022 | −0.414% | $20K | $4K | 15x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.7007 | −0.623% | $949K | $701K | 25x | as long as short |
| 01 Exchange AEROUSD | +0.0456% | 1h | 0.7026 | −0.352% | $190 | $111 | 3x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0513% / S −0.0240% | 1h | 0.7015 | −0.516% | $92K | — | 100x | as long as short |
| RISEx AERO/USDC | +0.0687% | 1h | 0.7037 | −0.198% | $234K | $400K | 3x | as long as short |
| Hyperliquid AERO | +0.0894% | 1h | 0.7044 | −0.098% | $23.8M | $5.0M | 3x | as long as short |
| Backpack AERO_USDC_PERP | +0.1411% | 1h | 0.7030 | −0.292% | $135K | $293K | 15x | as long as short |
| Lighter AEROlong | +0.1656% | 1h | 0.7051 | long leg | $1.3M | $464K | 3x | |
| Coinbase International AERO-PERP-INTX | +0.3896% | 1h | 0.7002 | −0.694% | $92K | $36K | 25x | as long as short |
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
Hyperliquid AERO
Backpack AERO_USDC_PERP
Coinbase International AERO-PERP-INTX