Funding you earn now, next payment 08:00 UTC−0.0844%/8h= −92.4% APRpaid last 24h −0.228%
Price spread now: OKX against Lighter−0.162%7-day average −0.123% · you buy dearer than you sell
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$650.648% of the position
Funding, last 7 days−0.868%−$87 on $10k
+Price spread, last 7 days+0.088%+$9 · spread now −0.162%, 7d avg −0.123%
=Together, before fees−0.780%+ Points / potential airdropLighter: Season 3 · farm board−$78 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and OKX is 0.040% cheaper against Lighter than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.123%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AERO | 0.6904 | 0.0944 | pay 0.0118% / 1h | 40m 11s | $1.3M | $394K | 3x |
| Short | OKX AERO-USDT-SWAP | 0.6893 | 0.0100 | get 0.0050% / 4h | 40m 11s | $2.3M | $5.9M | 20x |
Lighter AERO
OKX AERO-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$177.24
- Price spread: −0.162% → −0.123%
- −$3.97
- Slippage, 4 orders
- −$54.8
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$246
- Costs to cover
- 0.648%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 1 min ago; OKX: live order book, 3 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, 1 min ago | 9.12 bp | 25.8 bp −$26 | 117.2 bp −$1,172 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 0.72 bp | 13.7 bp −$14 | 46.5 bp −$465 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International AERO-PERP-INTX | −0.0360% | 1h | 0.6898 | −0.090% | $88K | $37K | 25x | as long as short |
| Injective AERO/USDC PERP | +0.0033% | 1h | 0.6902 | −0.032% | $4 | $209K | 5.5x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6895 | −0.129% | $42K | $128K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6889 | −0.220% | $25.9M | $25.2M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6892 | −0.177% | $22.5M | $18.0M | 25x | as long as short |
| OKX AERO-USDT-SWAPshort | +0.0100% | 4h | 0.6893 | −0.162% | $2.3M | $5.9M | 20x | |
| Gate AERO_USDT | +0.0100% | 4h | 0.6890 | −0.206% | $1.6M | $477K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6888 | −0.235% | $8.4M | $1.4M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6898 | −0.090% | $2.0M | $1.1M | 50x | as long as short |
| Bitget AEROUSDT | +0.0100% | 4h | 0.6888 | −0.235% | $4.0M | $1.9M | 75x | as long as short |
Coinbase International AERO-PERP-INTX
Injective AERO/USDC PERP
Aster AEROUSDT
Binance AEROUSDT
Bybit AEROUSDT
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 | 0.6890 | −0.206% | — | $1.8M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6898 | −0.088% | $2.0M | $1.2M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6887 | −0.255% | $204K | $1.4M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6889 | −0.221% | $46K | — | 3x | as long as short |
| Deribit AERO_USDC-PERPETUAL | +0.0186% | 1h | 0.6883 | −0.307% | $55K | $11K | 10x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6887 | −0.245% | $19K | $4K | 15x | as long as short |
| Hyperliquid AERO | +0.0318% | 1h | 0.6899 | −0.080% | $22.7M | $5.3M | 3x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6906 | +0.026% | $940K | $584K | 25x | as long as short |
| RISEx AERO/USDC | +0.0416% | 1h | 0.6890 | −0.203% | $209K | $527K | 3x | as long as short |
| 01 Exchange AEROUSD | +0.0512% | 1h | 0.6894 | −0.149% | $187 | $101 | 3x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0518% / S −0.0255% | 1h | 0.6885 | −0.277% | $90K | — | 100x | as long as short |
| Backpack AERO_USDC_PERP | +0.0719% | 1h | 0.6893 | −0.156% | $93K | $260K | 15x | as long as short |
| Lighter AEROlong | +0.0944% | 1h | 0.6904 | long leg | $1.3M | $394K | 3x |
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Deribit AERO_USDC-PERPETUAL
Reya AERORUSDPERP
Hyperliquid AERO
BloFin AERO-USDT
RISEx AERO/USDC
01 Exchange AEROUSD
GMX AERO/USD [ETH-USDC]
Backpack AERO_USDC_PERP