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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0740%/8h= +81.0% APRpaid last 24h +0.228%
Price spread now: Lighter against BingX+0.192%7-day average +0.137% · you sell dearer than you buy
Net, funding: paid 7d − costs+$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$630.635% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.868%+$87 on $10k
Price spread, last 7 days−0.123%−$12 · spread now +0.192%, 7d avg +0.137%
Together, before fees+0.745%+ Points / potential airdropLighter: Season 3 · farm board+$74 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Lighter is 0.055% dearer against BingX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.137%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX AERO-USDT0.68880.0100pay 0.0050% / 4h17m 56s$1.8M
ShortLighter AERO0.69010.0840get 0.0105% / 1h17m 56s$1.3M$395K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against BingX. 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
$155.4
Price spread: +0.192% → +0.137%
$5.48
Slippage, 4 orders
−$53.45
Fee BingX: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
$97.42
Costs to cover
0.635%
Break-even
2.6 days
Slippage from BingX: live order book, 5 min ago; Lighter: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 5 min ago2.18 bp14.1 bp −$1430.4 bp −$304332.4 bp −$33.2K799.1 bp −$399.6K
Sell Lighter live order book, 3 min ago10.46 bp11.0 bp −$1191.4 bp −$914doesn'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−0.0360%1h0.6899+0.160%$88K$38K25xas long as short
Injective AERO/USDC PERP+0.0033%1h0.6902+0.203%$4$209K5.5xas long as short
Aster AEROUSDT+0.0100%4h0.68880.000%$42K$127K10xas long as short
Binance AEROUSDT+0.0100%4h0.6892+0.058%$25.9M$25.2M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6889+0.015%$22.5M$18.0M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6893+0.073%$2.3M$5.9M20xas long as short
Gate AERO_USDT+0.0100%4h0.6880−0.116%$1.6M$479K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6891+0.044%$8.4M$1.4M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6884−0.058%$2.0M$1.1M50xas long as short
Bitget AEROUSDT+0.0100%4h0.6886−0.029%$4.0M$1.9M75xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AERO-USDTlong+0.0100%4h0.6888long leg$1.8M
Variational Omni AERO+0.0100%4h0.6861−0.395%$2.0M$1.2Mas long as short
Extended AERO-USD+0.0104%1h0.6888+0.004%$204K$1.4M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6885−0.036%$46K3xas long as short
Hyperliquid AERO+0.0216%1h0.6894+0.090%$22.7M$5.4M3xas long as short
Reya AERORUSDPERP+0.0228%1h0.6887−0.008%$19K$4K15xas long as short
Deribit AERO_USDC-PERPETUAL+0.0331%1h0.6891+0.044%$55K$11K10xas long as short
BloFin AERO-USDT+0.0340%4h0.6877−0.160%$941K$577K25xas long as short
RISEx AERO/USDC+0.0416%1h0.6888+0.004%$204K$534K3xas long as short
01 Exchange AEROUSD+0.0456%1h0.6899+0.154%$187$1013xas long as short
GMX AERO/USD [ETH-USDC]L +0.0518% / S −0.0255%1h0.6885−0.040%$90K100xas long as short
Backpack AERO_USDC_PERP+0.0653%1h0.6895+0.103%$93K$260K15xas long as short
Lighter AEROshort+0.0840%1h0.6901+0.192%$1.3M$395K3x