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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0528%/8h= −57.8% APRnext payment $0.66 per $10,000 · paid last 24h −0.182%
Price spread now: 01 Exchange against Lighter−0.136%7-day average · 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)no history yet
Price spread, last 7 daysno 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 −$16 a day on $10k at the current rate, and 01 Exchange is 0.136% cheaper against Lighter than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter AERO0.69120.0992pay 0.0124% / 1h17m 30s$1.3M$491K3x
Short01 Exchange AEROUSD0.69030.0464get 0.0058% / 1h17m 30s$187$1013x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$110.88
Price spread: −0.136% → 0.000%
−$13.6
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$131.48
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 4 min ago; 01 Exchange: 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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 4 min ago2.61 bp17.0 bp −$17103.6 bp −$1,036doesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective AERO/USDC PERP+0.0033%1h0.6902−0.145%$4$209K5.5xas long as short
Hyperliquid AERO+0.0100%1h0.6909−0.043%$23.1M$5.1M3xas long as short
Aster AEROUSDT+0.0100%4h0.6897−0.214%$40K$118K10xas long as short
Binance AEROUSDT+0.0100%4h0.6896−0.231%$26.2M$24.8M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6894−0.260%$22.4M$18.1M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6899−0.188%$2.3M$5.9M20xas long as short
Gate AERO_USDT+0.0100%4h0.6894−0.260%$1.6M$464K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6896−0.231%$8.3M$1.5M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6895−0.246%$2.1M$930K50xas long as short
Bitget AEROUSDT+0.0100%4h0.6895−0.246%$4.0M$1.8M75xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AERO-USDT+0.0100%4h0.6896−0.231%$1.7Mas long as short
Variational Omni AERO+0.0100%4h0.6883−0.415%$2.0M$1.2Mas long as short
Extended AERO-USD+0.0104%1h0.6895−0.248%$209K$1.7M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6886−0.371%$46K3xas long as short
Deribit AERO_USDC-PERPETUAL+0.0185%1h0.6895−0.246%$55K$11K10xas long as short
Reya AERORUSDPERP+0.0228%1h0.6891−0.298%$19K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.6886−0.376%$943K$578K25xas long as short
01 Exchange AEROUSDshort+0.0464%1h0.6903−0.136%$187$1013x
GMX AERO/USD [ETH-USDC]L +0.0507% / S −0.0237%1h0.6891−0.308%$90K100xas long as short
RISEx AERO/USDC+0.0658%1h0.6896−0.225%$199K$470K3xas long as short
Lighter AEROlong+0.0992%1h0.6912long leg$1.3M$491K3x
Backpack AERO_USDC_PERP+0.1057%1h0.6905−0.104%$113K$248K15xas long as short
Coinbase International AERO-PERP-INTX+0.3376%1h0.6873−0.564%$89K$34K25xas long as short