Funding you earn now, next payment 01:00 UTC−0.1444%/8h= −158.1% APRpaid last 24h −0.185%
Price spread now: KuCoin against Lighter−0.226%7-day average −0.164% · you buy dearer than you sell
Net, funding: paid 7d − costs−$201as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1171.172% of the position
Funding, last 7 days−0.842%−$84 on $10k
+Price spread, last 4 days (all we have)+0.072%+$7 · spread now −0.226%, 7d avg −0.164%
=Together, before fees−0.770%+ Points / potential airdropLighter: Season 3 · farm board−$77 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$43 a day on $10k at the current rate, and KuCoin is 0.062% cheaper against Lighter than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.164%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.842% in total (about -43.9% a year). A funding rate is set anew for every payment. 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 | 0.6996 | 0.1544 | pay 0.0193% / 1h | 55m 25s | $1.3M | $430K | 3x |
| Short | KuCoin AEROUSDTM | 0.6980 | 0.0100 | get 0.0050% / 4h | 3h 55m | $2.2M | $940K | 50x |
Lighter AERO
KuCoin AEROUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$303.24
- Price spread: −0.226% → −0.164%
- −$6.22
- Slippage, 4 orders
- −$105.19
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$426.64
- Costs to cover
- 1.172%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 11 min ago; KuCoin: live order book, 1 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, 11 min ago | 5.07 bp | 28.9 bp −$29 | 133.8 bp −$1,338 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 7.15 bp | 31.5 bp −$32 | 286.9 bp −$2,869 | 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 | 0.6976 | −0.283% | $55K | $11K | 10x | as long as short |
| Injective AERO/USDC PERP | +0.0033% | 1h | 0.6902 | −1.341% | $4 | $209K | 5.5x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6982 | −0.193% | $40K | $117K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6978 | −0.255% | $26.3M | $26.6M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6974 | −0.312% | $22.5M | $21.9M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6975 | −0.297% | $2.3M | $7.0M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6974 | −0.312% | $1.6M | $491K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6978 | −0.254% | $8.3M | $1.7M | 100x | as long as short |
| KuCoin AEROUSDTMshort | +0.0100% | 4h | 0.6980 | −0.226% | $2.2M | $940K | 50x | |
| Bitget AEROUSDT | +0.0100% | 4h | 0.6972 | −0.340% | $4.1M | $2.2M | 75x | as long as short |
Deribit AERO_USDC-PERPETUAL
Injective AERO/USDC PERP
Aster AEROUSDT
Binance AEROUSDT
Bybit AEROUSDT
OKX AERO-USDT-SWAP
Gate AERO_USDT
MEXC AERO_USDT
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 | 0.6974 | −0.312% | — | $1.8M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6993 | −0.046% | $2.0M | $1.8M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6972 | −0.334% | $216K | $1.3M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6942 | −0.776% | $47K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6972 | −0.340% | $20K | $4K | 15x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6990 | −0.083% | $937K | $754K | 25x | as long as short |
| 01 Exchange AEROUSD | +0.0488% | 1h | 0.6982 | −0.200% | $189 | $111 | 3x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0511% / S −0.0240% | 1h | 0.6971 | −0.350% | $91K | — | 100x | as long as short |
| Hyperliquid AERO | +0.0613% | 1h | 0.6987 | −0.126% | $23.5M | $5.4M | 3x | as long as short |
| RISEx AERO/USDC | +0.0687% | 1h | 0.6978 | −0.254% | $216K | $403K | 3x | as long as short |
| Backpack AERO_USDC_PERP | +0.1291% | 1h | 0.6998 | +0.029% | $131K | $329K | 15x | as long as short |
| Lighter AEROlong | +0.1544% | 1h | 0.6996 | long leg | $1.3M | $430K | 3x | |
| Coinbase International AERO-PERP-INTX | +0.3896% | 1h | 0.6993 | −0.040% | $92K | $33K | 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]
Hyperliquid AERO
RISEx AERO/USDC
Backpack AERO_USDC_PERP
Coinbase International AERO-PERP-INTX