Funding you earn now, next payment 08:00 UTC−0.0796%/8h= −87.2% APRpaid last 24h −0.224%
Price spread now: OKX against Lighter−0.171%7-day average −0.122% · you buy dearer than you sell
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$620.623% of the position
Funding, last 7 days−0.859%−$86 on $10k
+Price spread, last 7 days+0.079%+$8 · spread now −0.171%, 7d avg −0.122%
=Together, before fees−0.780%+ Points / potential airdropLighter: Season 3 · farm board−$78 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and OKX is 0.049% cheaper against Lighter than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.122%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AERO | 0.6904 | 0.0896 | pay 0.0112% / 1h | 53m 58s | $1.3M | $392K | 3x |
| Short | OKX AERO-USDT-SWAP | 0.6892 | 0.0100 | get 0.0050% / 4h | 53m 58s | $2.3M | $5.9M | 20x |
Lighter AERO
OKX AERO-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$167.16
- Price spread: −0.171% → −0.122%
- −$4.9
- Slippage, 4 orders
- −$52.32
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$234.38
- Costs to cover
- 0.623%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 2 min ago; OKX: live order book, 4 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, 2 min ago | 1.96 bp | 24.5 bp −$24 | 109.4 bp −$1,094 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 0.73 bp | 15.3 bp −$15 | 44.8 bp −$448 | 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 | −0.0360% | 1h | 0.6907 | +0.046% | $88K | $37K | 25x | as long as short |
| Injective AERO/USDC PERP | +0.0033% | 1h | 0.6902 | −0.026% | $4 | $209K | 5.5x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6894 | −0.139% | $42K | $128K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6892 | −0.171% | $26.0M | $25.2M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6890 | −0.200% | $22.5M | $18.1M | 25x | as long as short |
| OKX AERO-USDT-SWAPshort | +0.0100% | 4h | 0.6892 | −0.171% | $2.3M | $5.9M | 20x | |
| Gate AERO_USDT | +0.0100% | 4h | 0.6889 | −0.214% | $1.6M | $476K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6892 | −0.171% | $8.5M | $1.4M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6895 | −0.127% | $2.0M | $1.1M | 50x | as long as short |
| Bitget AEROUSDT | +0.0100% | 4h | 0.6890 | −0.200% | $4.0M | $1.9M | 75x | as long as short |
Coinbase International AERO-PERP-INTX
Injective AERO/USDC PERP
Aster AEROUSDT
Binance AEROUSDT
Bybit AEROUSDT
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 | 0.6892 | −0.171% | — | $1.8M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6878 | −0.370% | $2.0M | $1.2M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6889 | −0.217% | $204K | $1.4M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6894 | −0.149% | $46K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6896 | −0.120% | $19K | $4K | 15x | as long as short |
| Hyperliquid AERO | +0.0260% | 1h | 0.6898 | −0.081% | $22.7M | $5.3M | 3x | as long as short |
| Deribit AERO_USDC-PERPETUAL | +0.0331% | 1h | 0.6890 | −0.200% | $55K | $11K | 10x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6887 | −0.243% | $939K | $582K | 25x | as long as short |
| RISEx AERO/USDC | +0.0416% | 1h | 0.6896 | −0.106% | $206K | $526K | 3x | as long as short |
| 01 Exchange AEROUSD | +0.0488% | 1h | 0.6903 | −0.007% | $187 | $101 | 3x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0518% / S −0.0255% | 1h | 0.6892 | −0.166% | $90K | — | 100x | as long as short |
| Backpack AERO_USDC_PERP | +0.0735% | 1h | 0.6898 | −0.085% | $93K | $260K | 15x | as long as short |
| Lighter AEROlong | +0.0896% | 1h | 0.6904 | long leg | $1.3M | $392K | 3x |
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Reya AERORUSDPERP
Hyperliquid AERO
Deribit AERO_USDC-PERPETUAL
BloFin AERO-USDT
RISEx AERO/USDC
01 Exchange AEROUSD
GMX AERO/USD [ETH-USDC]
Backpack AERO_USDC_PERP