Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.6219 | +0.0096 | pay 0.0012% / 1h | 32m 16s | $876K | $286K | 3x | Long Lighter7d free | |
| SHORT | 0.6197 | −0.0165 | pay 0.0021% / 1h | 32m 16s | $340K | $270K | 16x | Short TxFlow5% off |
Price gap−0.355%
Funding gap−0.0261% /8h
Both sides work against this direction now: funding costs $8 a day on $10k and the gap is 0.125% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$38−0.0261% /8h now · paid −0.376% over the last 7D
Price−$13spread −0.355% now, avg −0.230% → −0.125% if it goes back
Costs−$480.484% of $10k · taker + slippage, in and out
Result−$99−0.99%+ Points / potential airdropLighter: Season 3 · TxFlow: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.355%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hAERO on 26 exchanges
lowest funding firstBefore you open
4 ok · 2 to watch- OK: Fits both order books7.2 / 11.4 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$3,333 + $625Lighter 3x, TxFlow 16x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$7.84Long Lighter: 24 payments, −$2.88; short TxFlow: 24 payments, −$4.96.
- Watch: Gap narrower than usual−0.355% vs −0.230%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$340K vs $876K OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legLighter Season 3 · TxFlow pointsVolume here counts toward the points program.
- OK: No KYC on either legLighter No · TxFlow NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0179%/8h × 21 periods−$37.65
Price spread−0.355% → −0.230% (7d avg)−$12.55
Slippage, 4 orderslive order books−$39.35
Fee Lighter bp × 2 orders$0.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$98.55
Costs to cover0.484%Break-evennever at this rate
Slippage: Lighter: live order book, 18 min ago; TxFlow: live order book, 19 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGLighter4.507.2 bp−$7100.0 bp−$1,000doesn’t fitdoesn’t fit
SELL · SHORTTxFlow1.6111.4 bp−$1146.5 bp−$465doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-28 14:53 | Phoenix | Listing | Now live on Phoenix: $AERO Aerodrome @aeroxyz is an AMM on Base. Users lock AERO to vote on where emissions go and earn the protocol's trading fees. @PhoenixTrade on X ↗ |
| 10-28 02:23 | BloFin | Other | BloFin will support the token merge of Velodrome Finance (VELODROME) into Aerodrome (AERO) and the AERO contract swap. Details: @BloFin_Official on X ↗ |
| 10-27 20:04 | Phoenix | Listing | new market AERO ($AERO) seen by our collector |
| 10-26 07:15 | AZverse | Listing | new market aero_usdt ($AERO) seen by our collector |
| 10-17 12:16 | Binance | Other | Binance will support the Velodrome Finance (VELODROME) Token Merge to Aerodrome (AERO) and the AERO Contract Swap. 👉 @binance on X ↗ |
| 10-07 04:29 | Paradex | Listing | new market AERO-USD-PERP ($AERO) seen by our collector |

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