Settings8H · net · $10k
Funding arb · Price arb /

AERO

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter AERO0.68830.1040pay 0.0130% / 1h48m 01s$1.3M$499K3x
ShortVariational Omni AERO0.68650.0100get 0.0050% / 4h1h 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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 3 min ago2.18 bp14.6 bp −$1597.7 bp −$977doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 1 min ago4.37 bpdoesn't fit23.3 bp −$233doesn't fitdoesn't fit

AERO on 23 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International AERO-PERP-INTX−0.1896%1h0.6500−5.562%$84K$33K25xas long as short
Injective AERO/USDC PERP+0.0033%1h0.6902+0.279%$4$209K5.5xas long as short
Aster AEROUSDT+0.0100%4h0.6867−0.225%$42K$125K10xas long as short
Binance AEROUSDT+0.0100%4h0.6870−0.186%$25.9M$25.3M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6870−0.186%$22.4M$18.2M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6871−0.171%$2.3M$5.9M20xas long as short
Gate AERO_USDT+0.0100%4h0.6869−0.200%$1.6M$471K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6870−0.186%$8.4M$1.4M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6874−0.128%$2.0M$1.1M50xas long as short
Bitget AEROUSDT+0.0100%4h0.6867−0.230%$4.0M$1.8M75xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AERO-USDT+0.0100%4h0.6868−0.215%$1.8Mas long as short
Variational Omni AEROshort+0.0100%4h0.6865−0.253%$2.0M$1.2M
Extended AERO-USD+0.0104%1h0.6866−0.246%$203K$1.4M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6867−0.234%$46K3xas long as short
Reya AERORUSDPERP+0.0228%1h0.6868−0.220%$19K$4K15xas long as short
Hyperliquid AERO+0.0315%1h0.6877−0.078%$22.7M$5.3M3xas long as short
BloFin AERO-USDT+0.0340%4h0.6866−0.244%$939K$595K25xas long as short
01 Exchange AEROUSD+0.0432%1h0.6877−0.080%$186$1013xas long as short
RISEx AERO/USDC+0.0491%1h0.6870−0.188%$197K$520K3xas long as short
GMX AERO/USD [ETH-USDC]L +0.0506% / S −0.0246%1h0.6865−0.265%$88K100xas long as short
Backpack AERO_USDC_PERP+0.0722%1h0.6875−0.108%$94K$260K15xas long as short
Deribit AERO_USDC-PERPETUAL+0.0916%1h0.6868−0.215%$55K$11K10xas long as short
Lighter AEROlong+0.1040%1h0.6883long leg$1.3M$499K3x