Funding you earn now, next payment 07:00 UTC+0.0928%/8h= +101.6% APRnext payment +$1.16 per $10,000 · paid last 24h +0.223%
Price spread now: Lighter against Extended+0.229%7-day average +0.191% · you sell dearer than you buy
Net, funding: paid 7d − costs+$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$480.477% of the position
Funding, last 7 days+0.863%+$86 on $10k
+Price spread, last 7 days−0.077%−$8 · spread now +0.229%, 7d avg +0.191%
=Together, before fees+0.786%+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm board+$79 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and Lighter is 0.038% dearer against Extended than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.191%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended AERO-USD | 0.6868 | 0.0104 | pay 0.0013% / 1h | 48m 45s | $203K | $1.4M | 10x |
| Short | Lighter AERO | 0.6884 | 0.1032 | get 0.0129% / 1h | 48m 45s | $1.3M | $499K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Extended. 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
- $194.88
- Price spread: +0.229% → +0.191%
- $3.85
- Slippage, 4 orders
- −$42.75
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $150.98
- Costs to cover
- 0.477%
- Break-even
- 1.6 days
Slippage from Extended: live order book, 5 min ago; Lighter: live order book, 2 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 Extended live order book, 5 min ago | 1.82 bp | 15.2 bp −$15 | 123.4 bp −$1,234 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 2 min ago | 2.18 bp | 3.0 bp −$3 | 68.6 bp −$686 | 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 | −0.1896% | 1h | 0.6500 | −5.360% | $84K | $33K | 25x | as long as short |
| Injective AERO/USDC PERP | +0.0033% | 1h | 0.6902 | +0.493% | $4 | $209K | 5.5x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6867 | −0.017% | $42K | $125K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6872 | +0.049% | $25.9M | $25.3M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6867 | −0.017% | $22.4M | $18.2M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6871 | +0.041% | $2.3M | $5.9M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6867 | −0.017% | $1.6M | $471K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6871 | +0.041% | $8.4M | $1.4M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6874 | +0.085% | $2.0M | $1.1M | 50x | as long as short |
| Bitget AEROUSDT | +0.0100% | 4h | 0.6867 | −0.017% | $4.0M | $1.8M | 75x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX AERO-USDT | +0.0100% | 4h | 0.6867 | −0.017% | — | $1.8M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6865 | −0.041% | $2.0M | $1.2M | — | as long as short |
| Extended AERO-USDlong | +0.0104% | 1h | 0.6868 | long leg | $203K | $1.4M | 10x | |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6863 | −0.081% | $46K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6864 | −0.062% | $19K | $4K | 15x | as long as short |
| Hyperliquid AERO | +0.0303% | 1h | 0.6878 | +0.141% | $22.7M | $5.3M | 3x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6866 | −0.031% | $939K | $595K | 25x | as long as short |
| 01 Exchange AEROUSD | +0.0424% | 1h | 0.6873 | +0.070% | $186 | $101 | 3x | as long as short |
| RISEx AERO/USDC | +0.0491% | 1h | 0.6870 | +0.024% | $197K | $520K | 3x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0506% / S −0.0246% | 1h | 0.6861 | −0.102% | $88K | — | 100x | as long as short |
| Deribit AERO_USDC-PERPETUAL | +0.0624% | 1h | 0.6869 | +0.012% | $55K | $11K | 10x | as long as short |
| Backpack AERO_USDC_PERP | +0.0711% | 1h | 0.6876 | +0.108% | $94K | $260K | 15x | as long as short |
| Lighter AEROshort | +0.1032% | 1h | 0.6884 | +0.229% | $1.3M | $499K | 3x |
Extended AERO-USD
Lighter AERO
Coinbase International AERO-PERP-INTX
Injective AERO/USDC PERP
Aster AEROUSDT
Binance AEROUSDT
Bybit AEROUSDT
OKX AERO-USDT-SWAP
Gate AERO_USDT
MEXC AERO_USDT
KuCoin AEROUSDTM
Bitget AEROUSDT
BingX AERO-USDT
Variational Omni AERO
Hyperliquid AERO
BloFin AERO-USDT
01 Exchange AEROUSD
RISEx AERO/USDC
GMX AERO/USD [ETH-USDC]
Deribit AERO_USDC-PERPETUAL
Backpack AERO_USDC_PERP