Funding you earn now, next payment 06:00 UTC+0.0476%/8h= +52.1% APRpaid last 24h +0.222%
Price spread now: Lighter against Bybit+0.203%7-day average +0.134% · you sell dearer than you buy
Net, funding: paid 7d − costs+$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$610.608% of the position
Funding, last 7 days+0.889%+$89 on $10k
+Price spread, last 7 days−0.145%−$14 · spread now +0.203%, 7d avg +0.134%
=Together, before fees+0.744%+ Points / potential airdropLighter: Season 3 · farm board+$74 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Lighter is 0.069% dearer against Bybit than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.134%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AEROUSDT | 0.6902 | 0.0100 | pay 0.0050% / 4h | 2h 06m | $22.5M | $18.2M | 25x |
| Short | Lighter AERO | 0.6916 | 0.0576 | get 0.0072% / 1h | 6m 11s | $1.3M | $508K | 3x |
Bybit AEROUSDT
Lighter AEROFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bybit. 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
- $99.96
- Price spread: +0.203% → +0.134%
- $6.91
- Slippage, 4 orders
- −$49.85
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $46.02
- Costs to cover
- 0.608%
- Break-even
- 3.8 days
Slippage from Bybit: live order book, 2 min ago; Lighter: live order book, 5 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 Bybit live order book, 2 min ago | 0.73 bp | 14.1 bp −$14 | 36.3 bp −$363 | 220.0 bp −$22.0K | doesn't fit |
| Sell Lighter live order book, 5 min ago | 6.90 bp | 7.6 bp −$8 | 78.5 bp −$785 | 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 | 0.000% | $4 | $209K | 5.5x | as long as short |
| Hyperliquid AERO | +0.0100% | 1h | 0.6915 | +0.185% | $22.8M | $5.3M | 3x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6899 | −0.037% | $42K | $125K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6909 | +0.101% | $26.1M | $25.2M | 75x | as long as short |
| Bybit AEROUSDTlong | +0.0100% | 4h | 0.6902 | long leg | $22.5M | $18.2M | 25x | |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6910 | +0.116% | $2.3M | $5.9M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6900 | −0.029% | $1.6M | $477K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6907 | +0.072% | $8.5M | $1.6M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6904 | +0.029% | $2.0M | $1.1M | 50x | as long as short |
| Bitget AEROUSDT | +0.0100% | 4h | 0.6902 | 0.000% | $4.0M | $1.9M | 75x | as long as short |
Injective AERO/USDC PERP
Hyperliquid AERO
Aster AEROUSDT
Binance 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 | 0.6904 | +0.029% | — | $1.8M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6872 | −0.430% | $2.0M | $1.2M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6904 | +0.034% | $204K | $1.4M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6899 | −0.037% | $46K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6905 | +0.038% | $19K | $4K | 15x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6895 | −0.101% | $928K | $599K | 25x | as long as short |
| RISEx AERO/USDC | +0.0382% | 1h | 0.6903 | +0.011% | $225K | $503K | 3x | as long as short |
| 01 Exchange AEROUSD | +0.0408% | 1h | 0.6915 | +0.184% | $187 | $101 | 3x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0507% / S −0.0246% | 1h | 0.6899 | −0.046% | $88K | — | 100x | as long as short |
| Backpack AERO_USDC_PERP | +0.0532% | 1h | 0.6914 | +0.172% | $94K | $260K | 15x | as long as short |
| Lighter AEROshort | +0.0576% | 1h | 0.6916 | +0.203% | $1.3M | $508K | 3x | |
| Deribit AERO_USDC-PERPETUAL | +0.0620% | 1h | 0.6906 | +0.058% | $55K | $11K | 10x | as long as short |
| Coinbase International AERO-PERP-INTX | +0.1984% | 1h | 0.6414 | −7.070% | $83K | $33K | 25x | as long as short |
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Reya AERORUSDPERP
BloFin AERO-USDT
RISEx AERO/USDC
01 Exchange AEROUSD
GMX AERO/USD [ETH-USDC]
Backpack AERO_USDC_PERP
Deribit AERO_USDC-PERPETUAL
Coinbase International AERO-PERP-INTX