Settings8H · net · $10k
Funding arb · Price arb /

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.1000%/8h= −109.5% APRnext payment $1.25 per $10,000 · paid last 24h −0.216%
Price spread now: Aevo against Lighter−0.352%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$30 a day on $10k at the current rate, and Aevo is 0.352% cheaper against Lighter than usual: you would sell low and buy high (−$35 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter AERO0.69360.1104pay 0.0138% / 1h46m 24s$1.3M$487K3x
ShortAevo AERO-PERP0.69120.0104get 0.0013% / 1h46m 24s$46K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Lighter. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$210
Price spread: −0.352% → 0.000%
−$35.16
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$261.16
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 5 min ago; Aevo: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 5 min ago2.66 bp18.0 bp −$18111.8 bp −$1,118doesn't fitdoesn't fit
Sell Aevo no order-book sample
Aevo: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective AERO/USDC PERP+0.0033%1h0.6902−0.496%$4$209K5.5xas long as short
Hyperliquid AERO+0.0100%1h0.6929−0.101%$23.1M$5.1M3xas long as short
Aster AEROUSDT+0.0100%4h0.6928−0.120%$40K$118K10xas long as short
Binance AEROUSDT+0.0100%4h0.6929−0.107%$26.3M$24.7M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6923−0.193%$22.5M$18.1M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6931−0.078%$2.3M$5.9M20xas long as short
Gate AERO_USDT+0.0100%4h0.6920−0.236%$1.6M$462K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6928−0.121%$8.3M$1.5M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6923−0.193%$2.1M$930K50xas long as short
Bitget AEROUSDT+0.0100%4h0.6924−0.179%$4.1M$1.8M75xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AERO-USDT+0.0100%4h0.6921−0.222%$1.7Mas long as short
Variational Omni AERO+0.0100%4h0.6931−0.081%$2.0M$1.2Mas long as short
Extended AERO-USD+0.0104%1h0.6919−0.258%$211K$2.0M10xas long as short
Aevo AERO-PERPshort+0.0104%1h0.6912−0.352%$46K3x
Deribit AERO_USDC-PERPETUAL+0.0184%1h0.6914−0.323%$55K$11K10xas long as short
Reya AERORUSDPERP+0.0228%1h0.6926−0.152%$19K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.6917−0.280%$946K$573K25xas long as short
GMX AERO/USD [ETH-USDC]L +0.0507% / S −0.0237%1h0.6911−0.366%$90K100xas long as short
01 Exchange AEROUSD+0.0568%1h0.6927−0.128%$188$1013xas long as short
RISEx AERO/USDC+0.0658%1h0.6921−0.218%$209K$454K3xas long as short
Lighter AEROlong+0.1104%1h0.6936long leg$1.3M$487K3x
Backpack AERO_USDC_PERP+0.1113%1h0.6922−0.210%$115K$248K15xas long as short
Coinbase International AERO-PERP-INTX+0.3376%1h0.6890−0.669%$90K$35K25xas long as short