Funding you earn now, next payment 03:00 UTC+0.1188%/8h= +130.1% APRpaid last 24h +0.204%
Price spread now: Lighter against Aster+0.378%7-day average +0.161% · 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−$53as in the Price arb table
costs, in and out, $10k−$750.750% of the position
Funding, last 5 days (all we have)+0.867%+$87 on $10k
+Price spread, last 4 days (all we have)−0.251%−$25 · spread now +0.378%, 7d avg +0.161%
=Together, before fees+0.616%+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm board+$62 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$36 a day on $10k at the current rate, and Lighter is 0.217% dearer against Aster than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.161%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster AEROUSDT | 0.6889 | 0.0100 | pay 0.0050% / 4h | 1h 56m | $40K | $116K | 10x |
| Short | Lighter AERO | 0.6915 | 0.1288 | get 0.0161% / 1h | 56m 28s | $1.3M | $491K | 3x |
Aster AEROUSDT
Lighter AEROFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Aster. 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
- $249.48
- Price spread: +0.378% → +0.161%
- $21.72
- Slippage, 4 orders
- −$67.03
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $196.17
- Costs to cover
- 0.750%
- Break-even
- 1.5 days
Slippage from Aster: live order book, 4 min ago; Lighter: live order book, 4 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 Aster live order book, 4 min ago | 4.35 bp | 25.2 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 4 min ago | 4.41 bp | 12.0 bp −$12 | 86.9 bp −$869 | doesn't fit | doesn't fit |
AERO on 22 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 | +0.189% | $4 | $209K | 5.5x | as long as short |
| Deribit AERO_USDC-PERPETUAL | +0.0041% | 1h | 0.6876 | −0.188% | $55K | $11K | 10x | as long as short |
| Aster AEROUSDTlong | +0.0100% | 4h | 0.6889 | long leg | $40K | $116K | 10x | |
| Binance AEROUSDT | +0.0100% | 4h | 0.6908 | +0.276% | $26.2M | $25.4M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6907 | +0.262% | $22.5M | $19.0M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6910 | +0.305% | $2.3M | $6.6M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6894 | +0.073% | $1.6M | $478K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6909 | +0.291% | $8.2M | $1.6M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6907 | +0.262% | $2.1M | $939K | 50x | as long as short |
| Bitget AEROUSDT | +0.0100% | 4h | 0.6907 | +0.262% | $4.1M | $2.0M | 75x | as long as short |
Injective AERO/USDC PERP
Deribit AERO_USDC-PERPETUAL
Binance AEROUSDT
Bybit AEROUSDT
OKX AERO-USDT-SWAP
Gate AERO_USDT
MEXC AERO_USDT
KuCoin AEROUSDTM
Bitget AEROUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX AERO-USDT | +0.0100% | 4h | 0.6908 | +0.276% | — | $1.7M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6901 | +0.179% | $2.0M | $1.3M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6911 | +0.314% | $205K | $2.0M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6876 | −0.188% | $46K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6907 | +0.267% | $19K | $4K | 15x | as long as short |
| 01 Exchange AEROUSD | +0.0496% | 1h | 0.6916 | +0.400% | $187 | $101 | 3x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0505% / S −0.0237% | 1h | 0.6876 | −0.189% | $89K | — | 100x | as long as short |
| RISEx AERO/USDC | +0.0540% | 1h | 0.6909 | +0.297% | $214K | $405K | 3x | as long as short |
| Hyperliquid AERO | +0.0619% | 1h | 0.6916 | +0.395% | $23.2M | $5.4M | 3x | as long as short |
| Backpack AERO_USDC_PERP | +0.1064% | 1h | 0.6890 | +0.012% | $118K | $283K | 15x | as long as short |
| Lighter AEROshort | +0.1288% | 1h | 0.6915 | +0.378% | $1.3M | $491K | 3x | |
| Coinbase International AERO-PERP-INTX | +1.0840% | 1h | 0.6912 | +0.334% | $90K | $36K | 25x | as long as short |
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Reya AERORUSDPERP
01 Exchange AEROUSD
GMX AERO/USD [ETH-USDC]
RISEx AERO/USDC
Hyperliquid AERO
Backpack AERO_USDC_PERP
Coinbase International AERO-PERP-INTX