Funding you earn now, next payment 08:00 UTC+0.0748%/8h= +81.9% APRpaid last 24h +0.228%
Price spread now: Lighter against Bybit+0.189%7-day average +0.135% · you sell dearer than you buy
Net, funding: paid 7d − costs+$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$610.615% of the position
Funding, last 7 days+0.905%+$91 on $10k
+Price spread, last 7 days−0.172%−$17 · spread now +0.189%, 7d avg +0.135%
=Together, before fees+0.733%+ Points / potential airdropLighter: Season 3 · farm board+$73 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 0.054% dearer against Bybit than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.135%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AEROUSDT | 0.6884 | 0.0100 | pay 0.0050% / 4h | 12m 15s | $22.4M | $18.0M | 25x |
| Short | Lighter AERO | 0.6897 | 0.0848 | get 0.0106% / 1h | 12m 15s | $1.3M | $395K | 3x |
Bybit AEROUSDT
Lighter AEROFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $157.08
- Price spread: +0.189% → +0.135%
- $5.36
- Slippage, 4 orders
- −$50.46
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $100.98
- Costs to cover
- 0.615%
- Break-even
- 2.5 days
Slippage from Bybit: live order book, 1 min ago; Lighter: live order book, 9 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 1 min ago | 1.45 bp | 11.8 bp −$12 | 32.3 bp −$323 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 9 min ago | 10.46 bp | 11.0 bp −$11 | 91.4 bp −$914 | doesn't fit | doesn't fit |
AERO on 23 venues
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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International AERO-PERP-INTX | −0.0360% | 1h | 0.6895 | +0.160% | $88K | $38K | 25x | as long as short |
| Injective AERO/USDC PERP | +0.0033% | 1h | 0.6902 | +0.261% | $4 | $209K | 5.5x | as long as short |
| Deribit AERO_USDC-PERPETUAL | +0.0041% | 1h | 0.6882 | −0.029% | $55K | $11K | 10x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6888 | +0.058% | $42K | $127K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6884 | 0.000% | $25.9M | $25.1M | 75x | as long as short |
| Bybit AEROUSDTlong | +0.0100% | 4h | 0.6884 | long leg | $22.4M | $18.0M | 25x | |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6886 | +0.029% | $2.3M | $5.9M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6882 | −0.029% | $1.6M | $479K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6885 | +0.015% | $8.4M | $1.4M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6887 | +0.044% | $2.0M | $1.1M | 50x | as long as short |
Coinbase International AERO-PERP-INTX
Injective AERO/USDC PERP
Deribit AERO_USDC-PERPETUAL
Aster AEROUSDT
Binance AEROUSDT
OKX AERO-USDT-SWAP
Gate AERO_USDT
MEXC AERO_USDT
KuCoin AEROUSDTMShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AEROUSDT | +0.0100% | 4h | 0.6881 | −0.044% | $4.0M | $1.9M | 75x | as long as short |
| BingX AERO-USDT | +0.0100% | 4h | 0.6883 | −0.015% | — | $1.8M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6882 | −0.030% | $2.0M | $1.2M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6880 | −0.057% | $204K | $1.4M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6885 | +0.015% | $46K | — | 3x | as long as short |
| Hyperliquid AERO | +0.0204% | 1h | 0.6892 | +0.119% | $22.7M | $5.4M | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6884 | −0.003% | $19K | $4K | 15x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6887 | +0.044% | $938K | $576K | 25x | as long as short |
| RISEx AERO/USDC | +0.0416% | 1h | 0.6885 | +0.017% | $210K | $539K | 3x | as long as short |
| 01 Exchange AEROUSD | +0.0472% | 1h | 0.6890 | +0.083% | $187 | $101 | 3x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0518% / S −0.0255% | 1h | 0.6881 | −0.047% | $90K | — | 100x | as long as short |
| Backpack AERO_USDC_PERP | +0.0653% | 1h | 0.6888 | +0.064% | $93K | $260K | 15x | as long as short |
| Lighter AEROshort | +0.0848% | 1h | 0.6897 | +0.189% | $1.3M | $395K | 3x |
Bitget AEROUSDT
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Hyperliquid AERO
Reya AERORUSDPERP
BloFin AERO-USDT
RISEx AERO/USDC
01 Exchange AEROUSD
GMX AERO/USD [ETH-USDC]
Backpack AERO_USDC_PERP