AERO

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0445%/8h= +48.7% APRnext payment +$0.56 per $10,000 · paid last 24h +0.109%

Price spread now: Lighter against Backpack+0.136%7-day average +0.146% · you sell dearer than you buy

Net, funding: paid 7d − costs−$3as in the Funding arb table

Net, price: spread back to 7d avg − costs−$57as in the Price arb table

costs, in and out, $10k−$560.565% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.531%+$53 on $10k

Price spread, last 4 days (all we have)−0.083%−$8 · spread now +0.136%, 7d avg +0.146%

Together, before fees+0.448%+ Points / potential airdropLighter: Season 3 · farm board+$45 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.146%, so right now this pair is about funding alone: +$13 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack AERO_USDC_PERP	0.6892	0.0451	pay 0.0056% / 1h	10m 34s	$102K	$313K	15x
Short	Lighter AERO	0.6902	0.0896	get 0.0112% / 1h	10m 34s	$1.3M	$495K	3x

Funding history

latest

Range statsloading…

Lighter against Backpack. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee BackpackbpFee LighterbpOrdersPrice spread, now +0.136%Rate

Slippage from Backpack: live order book, 13 min ago; Lighter: live order book, 5 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Backpack live order book, 13 min ago	0.07 bp	6.5 bp −$7	doesn't fit	doesn't fit	doesn't fit
Sell Lighter live order book, 5 min ago	5.20 bp	15.2 bp −$15	82.3 bp −$823	doesn't fit	doesn't fit

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
Deribit AERO_USDC-PERPETUAL	−0.0331%	1h	0.6883	−0.136%	$55K	$11K	10x	as long as short
Injective AERO/USDC PERP	+0.0052%	1h	0.6902	+0.139%	$4	$209K	5.5x	as long as short
Hyperliquid AERO	+0.0100%	1h	0.6892	−0.006%	$23.2M	$5.7M	3x	as long as short
Aster AEROUSDT	+0.0100%	4h	0.6884	−0.117%	$38K	$109K	10x	as long as short
Binance AEROUSDT	+0.0100%	4h	0.6883	−0.136%	$25.5M	$25.7M	75x	as long as short
Bybit AEROUSDT	+0.0100%	4h	0.6882	−0.151%	$21.9M	$20.5M	25x	as long as short
OKX AERO-USDT-SWAP	+0.0100%	4h	0.6887	−0.078%	$2.3M	$6.8M	20x	as long as short
Gate AERO_USDT	+0.0100%	4h	0.6886	−0.093%	$1.6M	$563K	75x	as long as short
MEXC AERO_USDT	+0.0100%	4h	0.6883	−0.136%	$8.2M	$1.6M	100x	as long as short
KuCoin AEROUSDTM	+0.0100%	4h	0.6890	−0.035%	$2.2M	$839K	50x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget AEROUSDT	+0.0100%	4h	0.6883	−0.136%	$4.1M	$2.2M	75x	as long as short
BingX AERO-USDT	+0.0100%	4h	0.6882	−0.151%	—	$1.8M	—	as long as short
Variational Omni AERO	+0.0100%	4h	0.6901	+0.128%	$1.9M	$1.7M	—	as long as short
Extended AERO-USD	+0.0104%	1h	0.6881	−0.159%	$201K	$1.3M	10x	as long as short
Aevo AERO-PERP	+0.0104%	1h	0.6883	−0.136%	$46K	—	3x	as long as short
Reya AERORUSDPERP	+0.0228%	1h	0.6883	−0.137%	$19K	$4K	15x	as long as short
01 Exchange AEROUSD	+0.0288%	1h	0.6888	−0.067%	$187	$115	3x	as long as short
BloFin AERO-USDT	+0.0340%	4h	0.6874	−0.267%	$910K	$692K	25x	as long as short
Backpack AERO_USDC_PERPlong	+0.0451%	1h	0.6892	long leg	$102K	$313K	15x
GMX AERO/USD [ETH-USDC]	L +0.0502% / S −0.0229%	1h	0.6883	−0.136%	$91K	—	100x	as long as short
RISEx AERO/USDC	+0.0530%	1h	0.6887	−0.074%	$215K	$381K	3x	as long as short
Lighter AEROshort	+0.0896%	1h	0.6902	+0.136%	$1.3M	$495K	3x
Coinbase International AERO-PERP-INTX	+0.1488%	1h	0.6979	+1.256%	$93K	$33K	25x	as long as short