Funding you earn now, next payment 01:00 UTC−0.0857%/8h= −93.9% APRnext payment −$1.07 per $10,000 · paid last 24h −0.112%
Price spread now: RISEx against Lighter−0.241%7-day average −0.166% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$450.450% of the position
Funding, last 3 days (all we have)−0.303%−$30 on $10k
+Price spread, last 4 days (all we have)+0.191%+$19 · spread now −0.241%, 7d avg −0.166%
=Together, before fees−0.111%+ Points / potential airdropLighter: Season 3 · farm board−$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and RISEx is 0.074% cheaper against Lighter than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.166%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AERO | 0.6999 | 0.1544 | pay 0.0193% / 1h | 53m 54s | $1.3M | $430K | 3x |
| Short | RISEx AERO/USDC | 0.6982 | 0.0687 | get 0.0086% / 1h | 53m 54s | $221K | $405K | 3x |
Lighter AERO
RISEx AERO/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- −$180.07
- Price spread: −0.241% → −0.166%
- −$7.43
- Slippage, 4 orders
- −$39.02
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$232.52
- Costs to cover
- 0.450%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 2 min ago; RISEx: live order book, 19 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, 2 min ago | 3.07 bp | 31.7 bp −$32 | 139.5 bp −$1,395 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 19 min ago | 0.93 bp | 4.2 bp −$4 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AERO/USDC PERP | +0.0033% | 1h | 0.6902 | −1.382% | $4 | $209K | 5.5x | as long as short |
| Deribit AERO_USDC-PERPETUAL | +0.0037% | 1h | 0.6982 | −0.239% | $55K | $11K | 10x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6985 | −0.196% | $40K | $116K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6982 | −0.239% | $26.3M | $26.7M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6979 | −0.281% | $22.5M | $21.9M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6984 | −0.210% | $2.3M | $7.0M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6977 | −0.310% | $1.6M | $491K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6980 | −0.267% | $8.3M | $1.7M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6981 | −0.253% | $2.2M | $939K | 50x | as long as short |
| Bitget AEROUSDT | +0.0100% | 4h | 0.6978 | −0.296% | $4.1M | $2.2M | 75x | as long as short |
Injective AERO/USDC PERP
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 | 0.6978 | −0.296% | — | $1.8M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6993 | −0.088% | $2.0M | $1.8M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6981 | −0.248% | $216K | $1.3M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6942 | −0.817% | $47K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6978 | −0.289% | $20K | $4K | 15x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6986 | −0.181% | $938K | $753K | 25x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0511% / S −0.0240% | 1h | 0.6977 | −0.315% | $92K | — | 100x | as long as short |
| 01 Exchange AEROUSD | +0.0520% | 1h | 0.6991 | −0.104% | $189 | $111 | 3x | as long as short |
| RISEx AERO/USDCshort | +0.0687% | 1h | 0.6982 | −0.241% | $221K | $405K | 3x | |
| Hyperliquid AERO | +0.0732% | 1h | 0.6994 | −0.066% | $23.5M | $5.3M | 3x | as long as short |
| Backpack AERO_USDC_PERP | +0.1297% | 1h | 0.6993 | −0.086% | $134K | $330K | 15x | as long as short |
| Lighter AEROlong | +0.1544% | 1h | 0.6999 | long leg | $1.3M | $430K | 3x | |
| Coinbase International AERO-PERP-INTX | +0.3896% | 1h | 0.6993 | −0.081% | $92K | $33K | 25x | as long as short |
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Reya AERORUSDPERP
BloFin AERO-USDT
GMX AERO/USD [ETH-USDC]
01 Exchange AEROUSD
Hyperliquid AERO
Backpack AERO_USDC_PERP
Coinbase International AERO-PERP-INTX