Funding you earn now, next payment 06:00 UTC−0.2760%/8h= −302.2% APRnext payment −$3.45 per $10,000 · paid last 24h +0.498%
Price spread now: Coinbase International against Lighter−0.033%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+3.621%+$362 on $10k
+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 against this trade now: funding costs −$83 a day on $10k at the current rate, and Coinbase International is 0.033% cheaper against Lighter than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +3.621%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AERO | 0.6892 | 0.0864 | pay 0.0108% / 1h | 23m 14s | $1.3M | $499K | 3x |
| Short | Coinbase International AERO-PERP-INTX | 0.6890 | −0.1896 | pay 0.0237% / 1h | 23m 14s | $89K | $37K | 25x |
Lighter AERO
Coinbase International AERO-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$579.6
- Price spread: −0.033% → 0.000%
- −$3.34
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$592.94
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 3 min ago; Coinbase International: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 3 min ago | 3.26 bp | 11.8 bp −$12 | 99.3 bp −$993 | doesn't fit | doesn't fit |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
Coinbase International: 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International AERO-PERP-INTXshort | −0.1896% | 1h | 0.6890 | −0.033% | $89K | $37K | 25x | |
| Deribit AERO_USDC-PERPETUAL | 0.0000% | 1h | 0.6881 | −0.164% | $55K | $11K | 10x | as long as short |
| Injective AERO/USDC PERP | +0.0033% | 1h | 0.6902 | +0.141% | $4 | $209K | 5.5x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6881 | −0.163% | $42K | $125K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6881 | −0.163% | $25.9M | $25.3M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6883 | −0.135% | $22.5M | $18.2M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6881 | −0.164% | $2.3M | $5.9M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6883 | −0.135% | $1.6M | $475K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6881 | −0.164% | $8.4M | $1.4M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6888 | −0.062% | $2.0M | $1.1M | 50x | as long as short |
Deribit AERO_USDC-PERPETUAL
Injective AERO/USDC PERP
Aster AEROUSDT
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 | 0.6880 | −0.178% | $4.0M | $1.9M | 75x | as long as short |
| BingX AERO-USDT | +0.0100% | 4h | 0.6882 | −0.149% | — | $1.8M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6875 | −0.247% | $2.0M | $1.2M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6881 | −0.160% | $203K | $1.4M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6885 | −0.107% | $46K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6883 | −0.136% | $19K | $4K | 15x | as long as short |
| Hyperliquid AERO | +0.0283% | 1h | 0.6883 | −0.129% | $22.7M | $5.3M | 3x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6885 | −0.106% | $934K | $583K | 25x | as long as short |
| 01 Exchange AEROUSD | +0.0392% | 1h | 0.6887 | −0.074% | $187 | $101 | 3x | as long as short |
| RISEx AERO/USDC | +0.0491% | 1h | 0.6882 | −0.144% | $199K | $527K | 3x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0506% / S −0.0246% | 1h | 0.6880 | −0.185% | $88K | — | 100x | as long as short |
| Backpack AERO_USDC_PERP | +0.0676% | 1h | 0.6885 | −0.104% | $94K | $260K | 15x | as long as short |
| Lighter AEROlong | +0.0864% | 1h | 0.6892 | long leg | $1.3M | $499K | 3x |
Bitget AEROUSDT
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Reya AERORUSDPERP
Hyperliquid AERO
BloFin AERO-USDT
01 Exchange AEROUSD
RISEx AERO/USDC
GMX AERO/USD [ETH-USDC]
Backpack AERO_USDC_PERP