Funding you earn now, next payment 22:00 UTC+0.0366%/8h= +40.0% APRnext payment +$0.46 per $10,000 · paid last 24h +0.105%
Price spread now: Lighter against RISEx+0.203%7-day average +0.165% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$550.553% of the position
Funding, last 3 days (all we have)+0.295%+$29 on $10k
+Price spread, last 4 days (all we have)−0.160%−$16 · spread now +0.203%, 7d avg +0.165%
=Together, before fees+0.135%+ Points / potential airdropLighter: Season 3 · farm board+$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Lighter is 0.038% dearer against RISEx than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.165%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx AERO/USDC | 0.6875 | 0.0530 | pay 0.0066% / 1h | 7m 19s | $215K | $381K | 3x |
| Short | Lighter AERO | 0.6889 | 0.0896 | get 0.0112% / 1h | 7m 19s | $1.3M | $495K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against RISEx. 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
- $76.77
- Price spread: +0.203% → +0.165%
- $3.85
- Slippage, 4 orders
- −$49.29
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $25.32
- Costs to cover
- 0.553%
- Break-even
- 4.7 days
Slippage from RISEx: live order book, 16 min ago; Lighter: live order book, 9 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 RISEx live order book, 16 min ago | 2.97 bp | 6.0 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 9 min ago | 5.20 bp | 15.2 bp −$15 | 82.3 bp −$823 | 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 | −0.0477% | 1h | 0.6868 | −0.108% | $55K | $11K | 10x | as long as short |
| Injective AERO/USDC PERP | +0.0052% | 1h | 0.6902 | +0.386% | $4 | $209K | 5.5x | as long as short |
| Hyperliquid AERO | +0.0100% | 1h | 0.6873 | −0.040% | $23.1M | $5.7M | 3x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6876 | +0.012% | $38K | $109K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6870 | −0.076% | $25.4M | $25.7M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6868 | −0.108% | $21.9M | $20.5M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6872 | −0.050% | $2.3M | $6.8M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6873 | −0.035% | $1.6M | $563K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6871 | −0.064% | $8.1M | $1.6M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6870 | −0.079% | $2.2M | $839K | 50x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AEROUSDT | +0.0100% | 4h | 0.6863 | −0.181% | $4.1M | $2.2M | 75x | as long as short |
| BingX AERO-USDT | +0.0100% | 4h | 0.6872 | −0.050% | — | $1.8M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6875 | −0.001% | $1.9M | $1.7M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6866 | −0.132% | $201K | $1.3M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6872 | −0.051% | $46K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6869 | −0.088% | $19K | $4K | 15x | as long as short |
| 01 Exchange AEROUSD | +0.0280% | 1h | 0.6875 | −0.002% | $186 | $115 | 3x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6873 | −0.035% | $915K | $692K | 25x | as long as short |
| Backpack AERO_USDC_PERP | +0.0437% | 1h | 0.6879 | +0.053% | $102K | $313K | 15x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0501% / S −0.0223% | 1h | 0.6869 | −0.087% | $92K | — | 100x | as long as short |
| RISEx AERO/USDClong | +0.0530% | 1h | 0.6875 | long leg | $215K | $381K | 3x | |
| Lighter AEROshort | +0.0896% | 1h | 0.6889 | +0.203% | $1.3M | $495K | 3x | |
| Coinbase International AERO-PERP-INTX | +0.1488% | 1h | 0.6979 | +1.506% | $93K | $33K | 25x | as long as short |
RISEx AERO/USDC
Lighter AERO
Deribit AERO_USDC-PERPETUAL
Injective AERO/USDC PERP
Hyperliquid AERO
Aster AEROUSDT
Binance AEROUSDT
Bybit AEROUSDT
OKX AERO-USDT-SWAP
Gate AERO_USDT
MEXC AERO_USDT
KuCoin AEROUSDTM
Bitget AEROUSDT
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
01 Exchange AEROUSD
BloFin AERO-USDT
Backpack AERO_USDC_PERP
GMX AERO/USD [ETH-USDC]
Coinbase International AERO-PERP-INTX