Funding you earn now, next payment 07:00 UTC−0.0708%/8h= −77.5% APRpaid last 24h −0.224%
Price spread now: Gate against Lighter−0.206%7-day average −0.153% · you buy dearer than you sell
Net, funding: paid 7d − costs−$183as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$920.923% of the position
Funding, last 7 days−0.906%−$91 on $10k
+Price spread, last 7 days+0.065%+$7 · spread now −0.206%, 7d avg −0.153%
=Together, before fees−0.841%+ Points / potential airdropLighter: Season 3 · farm board−$84 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Gate is 0.053% cheaper against Lighter than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.153%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AERO | 0.6898 | 0.0808 | pay 0.0101% / 1h | 2m 00s | $1.3M | $500K | 3x |
| Short | Gate AERO_USDT | 0.6884 | 0.0100 | get 0.0050% / 4h | 1h 02m | $1.6M | $477K | 75x |
Lighter AERO
Gate AERO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$148.68
- Price spread: −0.206% → −0.153%
- −$5.33
- Slippage, 4 orders
- −$77.26
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$246.27
- Costs to cover
- 0.923%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 4 min ago; Gate: live order book, just now.
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, 4 min ago | 3.62 bp | 23.7 bp −$24 | 112.1 bp −$1,121 | doesn't fit | doesn't fit |
| Sell Gate live order book, just now | 2.91 bp | 35.9 bp −$36 | 232.5 bp −$2,325 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International AERO-PERP-INTX | −0.1896% | 1h | 0.6896 | −0.032% | $88K | $37K | 25x | as long as short |
| Injective AERO/USDC PERP | +0.0033% | 1h | 0.6902 | +0.055% | $4 | $209K | 5.5x | as long as short |
| Deribit AERO_USDC-PERPETUAL | +0.0041% | 1h | 0.6886 | −0.177% | $55K | $11K | 10x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6889 | −0.130% | $42K | $128K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6887 | −0.162% | $25.9M | $25.3M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6885 | −0.191% | $22.5M | $18.1M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6888 | −0.148% | $2.3M | $5.9M | 20x | as long as short |
| Gate AERO_USDTshort | +0.0100% | 4h | 0.6884 | −0.206% | $1.6M | $477K | 75x | |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6886 | −0.177% | $8.4M | $1.4M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6890 | −0.119% | $2.0M | $1.1M | 50x | as long as short |
Coinbase International AERO-PERP-INTX
Injective AERO/USDC PERP
Deribit AERO_USDC-PERPETUAL
Aster AEROUSDT
Binance AEROUSDT
Bybit AEROUSDT
OKX AERO-USDT-SWAP
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 | 0.6884 | −0.206% | $4.0M | $1.9M | 75x | as long as short |
| BingX AERO-USDT | +0.0100% | 4h | 0.6889 | −0.133% | — | $1.8M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6895 | −0.049% | $2.0M | $1.2M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6884 | −0.212% | $204K | $1.4M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6885 | −0.184% | $46K | — | 3x | as long as short |
| Hyperliquid AERO | +0.0148% | 1h | 0.6894 | −0.067% | $22.7M | $5.3M | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6886 | −0.179% | $19K | $4K | 15x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6885 | −0.191% | $937K | $582K | 25x | as long as short |
| 01 Exchange AEROUSD | +0.0400% | 1h | 0.6891 | −0.099% | $187 | $101 | 3x | as long as short |
| RISEx AERO/USDC | +0.0491% | 1h | 0.6887 | −0.166% | $202K | $527K | 3x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0518% / S −0.0255% | 1h | 0.6883 | −0.217% | $90K | — | 100x | as long as short |
| Backpack AERO_USDC_PERP | +0.0689% | 1h | 0.6892 | −0.086% | $94K | $260K | 15x | as long as short |
| Lighter AEROlong | +0.0808% | 1h | 0.6898 | long leg | $1.3M | $500K | 3x |
Bitget AEROUSDT
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Hyperliquid AERO
Reya AERORUSDPERP
BloFin AERO-USDT
01 Exchange AEROUSD
RISEx AERO/USDC
GMX AERO/USD [ETH-USDC]
Backpack AERO_USDC_PERP