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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0524%/8h= +57.4% APRpaid last 24h +0.171%
Price spread now: Lighter against BloFin+0.343%7-day average +0.206% · you sell dearer than you buy
Net, funding: paid 7d − costs+$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$410.410% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.740%+$74 on $10k
Price spread, last 4 days (all we have)−0.324%−$32 · spread now +0.343%, 7d avg +0.206%
Together, before fees+0.415%+ Points / potential airdropLighter: Season 3 · farm board+$42 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Lighter is 0.137% dearer against BloFin than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.206%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin AERO-USDT0.68840.0340pay 0.0170% / 4h1h 20m$933K$583K25x
ShortLighter AERO0.69080.0864get 0.0108% / 1h20m 38s$1.3M$499K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against BloFin. 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
$110.04
Price spread: +0.343% → +0.206%
$13.69
Slippage, 4 orders
−$29.04
Fee BloFin: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
$82.69
Costs to cover
0.410%
Break-even
1.7 days
Slippage from BloFin: live order book, 1 min ago; Lighter: live order book, 5 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 BloFin live order book, 1 min ago1.45 bp7.5 bp −$718.7 bp −$187103.3 bp −$10.3Kdoesn't fit
Sell Lighter live order book, 5 min ago3.26 bp8.1 bp −$877.9 bp −$779doesn'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%1h0.6404−6.973%$82K$35K25xas long as short
Injective AERO/USDC PERP+0.0033%1h0.6902+0.261%$4$209K5.5xas long as short
Deribit AERO_USDC-PERPETUAL+0.0040%1h0.6888+0.058%$55K$11K10xas long as short
Aster AEROUSDT+0.0100%4h0.6887+0.044%$42K$125K10xas long as short
Binance AEROUSDT+0.0100%4h0.6891+0.100%$25.9M$25.3M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6891+0.102%$22.5M$18.2M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6895+0.160%$2.3M$5.9M20xas long as short
Gate AERO_USDT+0.0100%4h0.6885+0.015%$1.6M$475K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6891+0.102%$8.4M$1.4M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6888+0.058%$2.0M$1.1M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AEROUSDT+0.0100%4h0.6888+0.058%$4.0M$1.9M75xas long as short
BingX AERO-USDT+0.0100%4h0.6892+0.116%$1.8Mas long as short
Variational Omni AERO+0.0100%4h0.6885+0.019%$2.0M$1.2Mas long as short
Extended AERO-USD+0.0104%1h0.6894+0.150%$203K$1.4M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6887+0.051%$46K3xas long as short
Reya AERORUSDPERP+0.0228%1h0.6888+0.052%$19K$4K15xas long as short
Hyperliquid AERO+0.0263%1h0.6895+0.166%$22.7M$5.3M3xas long as short
BloFin AERO-USDTlong+0.0340%4h0.6884long leg$933K$583K25x
01 Exchange AEROUSD+0.0392%1h0.6904+0.285%$187$1013xas long as short
RISEx AERO/USDC+0.0491%1h0.6888+0.063%$201K$528K3xas long as short
GMX AERO/USD [ETH-USDC]L +0.0506% / S −0.0246%1h0.6886+0.025%$88K100xas long as short
Backpack AERO_USDC_PERP+0.0678%1h0.6895+0.157%$94K$260K15xas long as short
Lighter AEROshort+0.0864%1h0.6908+0.343%$1.3M$499K3x