Funding you earn now, next payment 05:00 UTC−0.0868%/8h= −95.0% APRpaid last 24h −0.217%
Price spread now: Aster against Lighter−0.144%7-day average −0.165% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$850.845% of the position
Funding, last 6 days (all we have)−0.904%−$90 on $10k
+Price spread, last 4 days (all we have)+0.009%+$1 · spread now −0.144%, 7d avg −0.165%
=Together, before fees−0.895%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board−$90 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.021% dearer against Lighter than usual: you sell high and buy low (spread −0.144% now, against its 7-day average of −0.165%): +$2 on $10k if it goes back. Holding the pair costs −$26 a day in funding at the current rate, which eats that in about 2 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AERO | 0.6883 | 0.0968 | pay 0.0121% / 1h | 23m 22s | $1.3M | $488K | 3x |
| Short | Aster AEROUSDT | 0.6873 | 0.0100 | get 0.0050% / 4h | 3h 23m | $40K | $118K | 10x |
Lighter AERO
Aster AEROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Lighter. 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
- −$182.28
- Price spread: −0.144% → −0.165%
- $2.08
- Slippage, 4 orders
- −$76.51
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$264.71
- Costs to cover
- 0.845%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 3 min ago; Aster: live order book, 27 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 Lighter live order book, 3 min ago | 2.25 bp | 31.5 bp −$31 | 122.9 bp −$1,229 | doesn't fit | doesn't fit |
| Sell Aster live order book, 27 min ago | 5.05 bp | 21.5 bp −$21 | doesn't fit | 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 | 0.0000% | 1h | 0.6869 | −0.208% | $55K | $11K | 10x | as long as short |
| Injective AERO/USDC PERP | +0.0033% | 1h | 0.6902 | +0.272% | $4 | $209K | 5.5x | as long as short |
| Hyperliquid AERO | +0.0100% | 1h | 0.6878 | −0.073% | $23.0M | $5.1M | 3x | as long as short |
| Aster AEROUSDTshort | +0.0100% | 4h | 0.6873 | −0.144% | $40K | $118K | 10x | |
| Binance AEROUSDT | +0.0100% | 4h | 0.6869 | −0.202% | $26.1M | $24.8M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6868 | −0.222% | $22.3M | $18.0M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6871 | −0.179% | $2.3M | $5.8M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6867 | −0.237% | $1.6M | $463K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6869 | −0.208% | $8.3M | $1.5M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6868 | −0.222% | $2.1M | $930K | 50x | as long as short |
Deribit AERO_USDC-PERPETUAL
Injective AERO/USDC PERP
Hyperliquid AERO
Binance AEROUSDT
Bybit AEROUSDT
OKX AERO-USDT-SWAP
Gate AERO_USDT
MEXC AERO_USDT
KuCoin AEROUSDTMShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AEROUSDT | +0.0100% | 4h | 0.6870 | −0.193% | $4.0M | $1.8M | 75x | as long as short |
| BingX AERO-USDT | +0.0100% | 4h | 0.6870 | −0.193% | — | $1.7M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6886 | +0.035% | $2.0M | $1.2M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6868 | −0.228% | $209K | $2.0M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6868 | −0.223% | $46K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6867 | −0.233% | $19K | $4K | 15x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6871 | −0.179% | $940K | $577K | 25x | as long as short |
| 01 Exchange AEROUSD | +0.0472% | 1h | 0.6872 | −0.169% | $186 | $101 | 3x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0506% / S −0.0237% | 1h | 0.6867 | −0.232% | $89K | — | 100x | as long as short |
| RISEx AERO/USDC | +0.0658% | 1h | 0.6867 | −0.233% | $197K | $463K | 3x | as long as short |
| Lighter AEROlong | +0.0968% | 1h | 0.6883 | long leg | $1.3M | $488K | 3x | |
| Backpack AERO_USDC_PERP | +0.1057% | 1h | 0.6884 | +0.012% | $114K | $248K | 15x | as long as short |
| Coinbase International AERO-PERP-INTX | +0.3376% | 1h | 0.6851 | −0.469% | $89K | $34K | 25x | as long as short |
Bitget AEROUSDT
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Reya AERORUSDPERP
BloFin AERO-USDT
01 Exchange AEROUSD
GMX AERO/USD [ETH-USDC]
RISEx AERO/USDC
Backpack AERO_USDC_PERP
Coinbase International AERO-PERP-INTX