Funding you earn now, next payment 01:00 UTC−0.1524%/8h= −166.9% APRpaid last 24h −0.202%
Price spread now: Binance against Lighter−0.244%7-day average −0.167% · you buy dearer than you sell
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$600.598% of the position
Funding, last 7 days−0.802%−$80 on $10k
+Price spread, last 4 days (all we have)+0.148%+$15 · spread now −0.244%, 7d avg −0.167%
=Together, before fees−0.655%+ Points / potential airdropLighter: Season 3 · farm board−$65 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$46 a day on $10k at the current rate, and Binance is 0.077% cheaper against Lighter than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.167%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.802% in total (about -41.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AERO | 0.6994 | 0.1624 | pay 0.0203% / 1h | 27m 51s | $1.3M | $459K | 3x |
| Short | Binance AEROUSDT | 0.6977 | 0.0100 | get 0.0050% / 4h | 3h 27m | $26.5M | $26.5M | 75x |
Lighter AERO
Binance AEROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Lighter. 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
- −$320.04
- Price spread: −0.244% → −0.167%
- −$7.71
- Slippage, 4 orders
- −$49.76
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$387.51
- Costs to cover
- 0.598%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 3 min ago; Binance: live order book, 13 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 Lighter live order book, 3 min ago | 3.00 bp | 22.9 bp −$23 | 122.7 bp −$1,227 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 0.72 bp | 12.5 bp −$12 | 27.1 bp −$271 | 214.8 bp −$21.5K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AERO/USDC PERP | +0.0033% | 1h | 0.6902 | −1.317% | $4 | $209K | 5.5x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6978 | −0.230% | $40K | $113K | 10x | as long as short |
| Binance AEROUSDTshort | +0.0100% | 4h | 0.6977 | −0.244% | $26.5M | $26.5M | 75x | |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6977 | −0.244% | $22.6M | $21.0M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6976 | −0.259% | $2.3M | $7.0M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6974 | −0.287% | $1.6M | $494K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6977 | −0.244% | $8.3M | $1.7M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6979 | −0.216% | $2.2M | $937K | 50x | as long as short |
| Bitget AEROUSDT | +0.0100% | 4h | 0.6973 | −0.302% | $4.1M | $2.2M | 75x | as long as short |
| BingX AERO-USDT | +0.0100% | 4h | 0.6976 | −0.259% | — | $1.8M | — | as long as short |
Injective AERO/USDC PERP
Aster AEROUSDT
Bybit AEROUSDT
OKX AERO-USDT-SWAP
Gate AERO_USDT
MEXC AERO_USDT
KuCoin AEROUSDTM
Bitget AEROUSDT
BingX AERO-USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AERO | +0.0100% | 4h | 0.6980 | −0.203% | $2.0M | $1.7M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6973 | −0.309% | $216K | $2.0M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6976 | −0.266% | $47K | — | 3x | as long as short |
| Deribit AERO_USDC-PERPETUAL | +0.0180% | 1h | 0.6979 | −0.216% | $55K | $11K | 10x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6975 | −0.267% | $20K | $4K | 15x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6978 | −0.230% | $945K | $736K | 25x | as long as short |
| 01 Exchange AEROUSD | +0.0480% | 1h | 0.6976 | −0.259% | $189 | $111 | 3x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0510% / S −0.0240% | 1h | 0.6973 | −0.306% | $91K | — | 100x | as long as short |
| RISEx AERO/USDC | +0.0687% | 1h | 0.6978 | −0.236% | $221K | $396K | 3x | as long as short |
| Hyperliquid AERO | +0.0742% | 1h | 0.6989 | −0.066% | $23.5M | $5.3M | 3x | as long as short |
| Backpack AERO_USDC_PERP | +0.1409% | 1h | 0.6988 | −0.092% | $134K | $318K | 15x | as long as short |
| Lighter AEROlong | +0.1624% | 1h | 0.6994 | long leg | $1.3M | $459K | 3x | |
| Coinbase International AERO-PERP-INTX | +0.3896% | 1h | 0.6965 | −0.416% | $92K | $35K | 25x | as long as short |
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Deribit AERO_USDC-PERPETUAL
Reya AERORUSDPERP
BloFin AERO-USDT
01 Exchange AEROUSD
GMX AERO/USD [ETH-USDC]
RISEx AERO/USDC
Hyperliquid AERO
Backpack AERO_USDC_PERP
Coinbase International AERO-PERP-INTX