Funding you earn now, next payment 03:00 UTC+0.0824%/8h= +90.2% APRnext payment +$1.03 per $10,000 · paid last 24h +0.178%
Price spread now: Lighter against 01 Exchange+0.106%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and Lighter is 0.106% dearer against 01 Exchange than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange AEROUSD | 0.6887 | 0.0408 | pay 0.0051% / 1h | 38m 21s | $187 | $101 | 3x |
| Short | Lighter AERO | 0.6894 | 0.1232 | get 0.0154% / 1h | 38m 21s | $1.3M | $498K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against 01 Exchange. 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
- $173.04
- Price spread: +0.106% → 0.000%
- $10.6
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $176.64
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: 01 Exchange: no order-book sample; Lighter: live order book, 8 min ago. Net counts fees only.
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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 8 min ago | 6.60 bp | 16.7 bp −$17 | 81.4 bp −$814 | doesn't fit | doesn't fit |
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.0000% | 1h | 0.6877 | −0.139% | $55K | $11K | 10x | as long as short |
| Injective AERO/USDC PERP | +0.0033% | 1h | 0.6902 | +0.224% | $4 | $209K | 5.5x | as long as short |
| Hyperliquid AERO | +0.0100% | 1h | 0.6886 | −0.004% | $23.1M | $5.1M | 3x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6883 | −0.058% | $39K | $117K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6876 | −0.160% | $26.1M | $25.2M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6876 | −0.154% | $22.4M | $19.0M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6876 | −0.154% | $2.3M | $6.5M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6881 | −0.081% | $1.6M | $481K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6873 | −0.197% | $8.2M | $1.6M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6888 | +0.020% | $2.1M | $938K | 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 | 0.6872 | −0.212% | $4.0M | $1.9M | 75x | as long as short |
| BingX AERO-USDT | +0.0100% | 4h | 0.6879 | −0.110% | — | $1.7M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6891 | +0.066% | $2.0M | $1.3M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6873 | −0.196% | $206K | $2.0M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6876 | −0.157% | $46K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6873 | −0.200% | $19K | $4K | 15x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6889 | +0.035% | $941K | $632K | 25x | as long as short |
| 01 Exchange AEROUSDlong | +0.0408% | 1h | 0.6887 | long leg | $187 | $101 | 3x | |
| GMX AERO/USD [ETH-USDC] | L +0.0505% / S −0.0237% | 1h | 0.6873 | −0.200% | $89K | — | 100x | as long as short |
| RISEx AERO/USDC | +0.0540% | 1h | 0.6882 | −0.071% | $208K | $405K | 3x | as long as short |
| Backpack AERO_USDC_PERP | +0.1058% | 1h | 0.6887 | +0.010% | $113K | $294K | 15x | as long as short |
| Lighter AEROshort | +0.1232% | 1h | 0.6894 | +0.106% | $1.3M | $498K | 3x | |
| Coinbase International AERO-PERP-INTX | +1.0840% | 1h | 0.6899 | +0.180% | $90K | $36K | 25x | as long as short |
01 Exchange AEROUSD
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
BloFin AERO-USDT
GMX AERO/USD [ETH-USDC]
RISEx AERO/USDC
Backpack AERO_USDC_PERP
Coinbase International AERO-PERP-INTX