Funding you earn now, next payment 07:00 UTC−0.0940%/8h= −102.9% APRpaid last 24h −0.224%
Price spread now: Variational Omni against Lighter−0.253%7-day average −0.095% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.844%−$84 on $10k
+Price spread, last 7 days+0.196%+$20 · spread now −0.253%, 7d avg −0.095%
=Together, before fees−0.648%+ Points / potential airdropLighter: Season 3 · Variational Omni: Active · farm board−$65 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$28 a day on $10k at the current rate, and Variational Omni is 0.158% cheaper against Lighter than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.095%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AERO | 0.6883 | 0.1040 | pay 0.0130% / 1h | 48m 01s | $1.3M | $499K | 3x |
| Short | Variational Omni AERO | 0.6865 | 0.0100 | get 0.0050% / 4h | 1h 48m | $2.0M | $1.2M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$197.4
- Price spread: −0.253% → −0.095%
- −$15.84
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$213.24
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 3 min ago; Variational Omni: RFQ quote, 1 min ago. 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 | 2.18 bp | 14.6 bp −$15 | 97.7 bp −$977 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 1 min ago | 4.37 bp | doesn't fit | 23.3 bp −$233 | 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 | 0.6500 | −5.562% | $84K | $33K | 25x | as long as short |
| Injective AERO/USDC PERP | +0.0033% | 1h | 0.6902 | +0.279% | $4 | $209K | 5.5x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6867 | −0.225% | $42K | $125K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6870 | −0.186% | $25.9M | $25.3M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6870 | −0.186% | $22.4M | $18.2M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6871 | −0.171% | $2.3M | $5.9M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6869 | −0.200% | $1.6M | $471K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6870 | −0.186% | $8.4M | $1.4M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6874 | −0.128% | $2.0M | $1.1M | 50x | as long as short |
| Bitget AEROUSDT | +0.0100% | 4h | 0.6867 | −0.230% | $4.0M | $1.8M | 75x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX AERO-USDT | +0.0100% | 4h | 0.6868 | −0.215% | — | $1.8M | — | as long as short |
| Variational Omni AEROshort | +0.0100% | 4h | 0.6865 | −0.253% | $2.0M | $1.2M | — | |
| Extended AERO-USD | +0.0104% | 1h | 0.6866 | −0.246% | $203K | $1.4M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6867 | −0.234% | $46K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6868 | −0.220% | $19K | $4K | 15x | as long as short |
| Hyperliquid AERO | +0.0315% | 1h | 0.6877 | −0.078% | $22.7M | $5.3M | 3x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6866 | −0.244% | $939K | $595K | 25x | as long as short |
| 01 Exchange AEROUSD | +0.0432% | 1h | 0.6877 | −0.080% | $186 | $101 | 3x | as long as short |
| RISEx AERO/USDC | +0.0491% | 1h | 0.6870 | −0.188% | $197K | $520K | 3x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0506% / S −0.0246% | 1h | 0.6865 | −0.265% | $88K | — | 100x | as long as short |
| Backpack AERO_USDC_PERP | +0.0722% | 1h | 0.6875 | −0.108% | $94K | $260K | 15x | as long as short |
| Deribit AERO_USDC-PERPETUAL | +0.0916% | 1h | 0.6868 | −0.215% | $55K | $11K | 10x | as long as short |
| Lighter AEROlong | +0.1040% | 1h | 0.6883 | long leg | $1.3M | $499K | 3x |
Lighter AERO
Variational Omni AERO
Coinbase International AERO-PERP-INTX
Injective AERO/USDC PERP
Aster AEROUSDT
Binance AEROUSDT
Bybit AEROUSDT
OKX AERO-USDT-SWAP
Gate AERO_USDT
MEXC AERO_USDT
KuCoin AEROUSDTM
Bitget AEROUSDT
BingX AERO-USDT
Extended AERO-USD
Hyperliquid AERO
BloFin AERO-USDT
01 Exchange AEROUSD
RISEx AERO/USDC
GMX AERO/USD [ETH-USDC]
Backpack AERO_USDC_PERP
Deribit AERO_USDC-PERPETUAL