Funding you earn now, next payment 00:00 UTC−0.1868%/8h= −204.5% APRpaid last 24h −0.185%
Price spread now: MEXC against Lighter−0.280%7-day average −0.172% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$370.374% of the position
Funding, last 7 days−0.791%−$79 on $10k
+Price spread, last 4 days (all we have)+0.158%+$16 · spread now −0.280%, 7d avg −0.172%
=Together, before fees−0.634%+ Points / potential airdropLighter: Season 3 · farm board−$63 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$56 a day on $10k at the current rate, and MEXC is 0.108% cheaper against Lighter than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.172%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.791% in total (about -41.3% 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 | 0.7031 | 0.1968 | pay 0.0246% / 1h | 47m 39s | $1.3M | $459K | 3x |
| Short | MEXC AERO_USDT | 0.7011 | 0.0100 | get 0.0050% / 4h | 47m 39s | $8.4M | $1.7M | 100x |
Lighter AERO
MEXC AERO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$392.28
- Price spread: −0.280% → −0.172%
- −$10.78
- Slippage, 4 orders
- −$29.38
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$440.44
- Costs to cover
- 0.374%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 3 min ago; MEXC: 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, 3 min ago | 3.06 bp | 18.5 bp −$19 | 110.3 bp −$1,103 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 0.71 bp | 4.8 bp −$5 | 20.6 bp −$206 | 124.6 bp −$12.5K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AERO/USDC PERP | +0.0033% | 1h | 0.6902 | −1.831% | $4 | $209K | 5.5x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.7012 | −0.262% | $39K | $110K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.7012 | −0.266% | $26.3M | $25.8M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.7007 | −0.337% | $22.5M | $21.0M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.7014 | −0.238% | $2.3M | $6.9M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.7007 | −0.337% | $1.6M | $525K | 75x | as long as short |
| MEXC AERO_USDTshort | +0.0100% | 4h | 0.7011 | −0.280% | $8.4M | $1.7M | 100x | |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.7010 | −0.294% | $2.2M | $918K | 50x | as long as short |
| Bitget AEROUSDT | +0.0100% | 4h | 0.7007 | −0.337% | $4.1M | $2.1M | 75x | as long as short |
| BingX AERO-USDT | +0.0100% | 4h | 0.7007 | −0.337% | — | $1.8M | — | as long as short |
Injective AERO/USDC PERP
Aster AEROUSDT
Binance AEROUSDT
Bybit AEROUSDT
OKX AERO-USDT-SWAP
Gate AERO_USDT
KuCoin AEROUSDTM
Bitget AEROUSDT
BingX AERO-USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AERO | +0.0100% | 4h | 0.6986 | −0.634% | $2.0M | $1.7M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.7008 | −0.320% | $217K | $1.3M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.7011 | −0.277% | $47K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.7012 | −0.272% | $20K | $4K | 15x | as long as short |
| Deribit AERO_USDC-PERPETUAL | +0.0320% | 1h | 0.7016 | −0.209% | $56K | $11K | 10x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.7007 | −0.337% | $920K | $712K | 25x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0511% / S −0.0236% | 1h | 0.7007 | −0.334% | $93K | — | 100x | as long as short |
| Coinbase International AERO-PERP-INTX | +0.0520% | 1h | 0.6513 | −7.363% | $86K | $30K | 25x | as long as short |
| Hyperliquid AERO | +0.0534% | 1h | 0.7022 | −0.124% | $23.6M | $5.4M | 3x | as long as short |
| RISEx AERO/USDC | +0.0563% | 1h | 0.7012 | −0.273% | $254K | $385K | 3x | as long as short |
| 01 Exchange AEROUSD | +0.0824% | 1h | 0.7021 | −0.134% | $190 | $111 | 3x | as long as short |
| Backpack AERO_USDC_PERP | +0.1106% | 1h | 0.7023 | −0.107% | $103K | $315K | 15x | as long as short |
| Lighter AEROlong | +0.1968% | 1h | 0.7031 | long leg | $1.3M | $459K | 3x |
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Reya AERORUSDPERP
Deribit AERO_USDC-PERPETUAL
BloFin AERO-USDT
GMX AERO/USD [ETH-USDC]
Coinbase International AERO-PERP-INTX
Hyperliquid AERO
RISEx AERO/USDC
01 Exchange AEROUSD
Backpack AERO_USDC_PERP