Funding you earn now, next payment 08:00 UTC+0.0419%/8h= +45.8% APRnext payment +$0.52 per $10,000 · paid last 24h +0.107%
Price spread now: Lighter against GMX+0.193%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Lighter is 0.193% dearer against GMX than usual: you sell high and buy low: +$19 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX AERO/USD [ETH-USDC] | 0.6862 | L +0.0517% / S −0.0255% | pay 0.0065% / 1h | 35m 34s | $90K | — | 100x |
| Short | Lighter AERO | 0.6875 | 0.0936 | get 0.0117% / 1h | 35m 34s | $1.3M | $394K | 3x |
GMX AERO/USD [ETH-USDC]
Lighter AEROFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against GMX. 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
- $87.91
- Price spread: +0.193% → 0.000%
- $19.31
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $95.22
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: GMX: no order-book sample; Lighter: live order book, 6 min ago. Net counts fees only.
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 GMX no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 6 min ago | 9.12 bp | 9.8 bp −$10 | 78.5 bp −$785 | doesn't fit | doesn't fit |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.6876 | +0.203% | $88K | $37K | 25x | as long as short |
| Injective AERO/USDC PERP | +0.0033% | 1h | 0.6902 | +0.582% | $4 | $209K | 5.5x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6863 | +0.020% | $42K | $127K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6860 | −0.030% | $25.8M | $25.2M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6861 | −0.015% | $22.4M | $18.1M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6864 | +0.028% | $2.3M | $5.9M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6863 | +0.014% | $1.6M | $477K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6860 | −0.030% | $8.4M | $1.4M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6871 | +0.130% | $2.0M | $1.1M | 50x | as long as short |
| Bitget AEROUSDT | +0.0100% | 4h | 0.6859 | −0.044% | $4.0M | $1.9M | 75x | as long as short |
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 AEROUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX AERO-USDT | +0.0100% | 4h | 0.6862 | −0.001% | — | $1.8M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6862 | +0.002% | $2.0M | $1.2M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6858 | −0.058% | $203K | $1.4M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6861 | −0.020% | $46K | — | 3x | as long as short |
| Deribit AERO_USDC-PERPETUAL | +0.0187% | 1h | 0.6863 | +0.014% | $54K | $11K | 10x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6858 | −0.060% | $19K | $4K | 15x | as long as short |
| Hyperliquid AERO | +0.0283% | 1h | 0.6867 | +0.071% | $22.6M | $5.3M | 3x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6873 | +0.160% | $938K | $581K | 25x | as long as short |
| RISEx AERO/USDC | +0.0416% | 1h | 0.6860 | −0.031% | $202K | $529K | 3x | as long as short |
| 01 Exchange AEROUSD | +0.0488% | 1h | 0.6864 | +0.026% | $186 | $101 | 3x | as long as short |
| GMX AERO/USD [ETH-USDC]long | L +0.0517% / S −0.0255% | 1h | 0.6862 | long leg | $90K | — | 100x | |
| Backpack AERO_USDC_PERP | +0.0675% | 1h | 0.6870 | +0.110% | $93K | $260K | 15x | as long as short |
| Lighter AEROshort | +0.0936% | 1h | 0.6875 | +0.193% | $1.3M | $394K | 3x |
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Deribit AERO_USDC-PERPETUAL
Reya AERORUSDPERP
Hyperliquid AERO
BloFin AERO-USDT
RISEx AERO/USDC
01 Exchange AEROUSD
Backpack AERO_USDC_PERP