Funding you earn now, next payment 06:00 UTC−0.0324%/8h= −35.5% APRpaid last 24h −0.222%
Price spread now: Bitget against Lighter−0.228%7-day average −0.159% · you buy dearer than you sell
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$600.597% of the position
Funding, last 7 days−0.852%−$85 on $10k
+Price spread, last 7 days+0.146%+$15 · spread now −0.228%, 7d avg −0.159%
=Together, before fees−0.706%+ Points / potential airdropLighter: Season 3 · farm board−$71 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Bitget is 0.069% cheaper against Lighter than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.159%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AERO | 0.6797 | 0.0424 | pay 0.0053% / 1h | 33m 41s | $1.3M | $507K | 3x |
| Short | Bitget AEROUSDT | 0.6782 | 0.0100 | get 0.0050% / 4h | 2h 33m | $3.9M | $1.8M | 75x |
Lighter AERO
Bitget AEROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$68.04
- Price spread: −0.228% → −0.159%
- −$6.89
- Slippage, 4 orders
- −$47.74
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$134.67
- Costs to cover
- 0.597%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 2 min ago; Bitget: live order book, 4 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, 2 min ago | 4.47 bp | 14.5 bp −$14 | 90.5 bp −$905 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 2.94 bp | 22.1 bp −$22 | 41.4 bp −$414 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit AERO_USDC-PERPETUAL | 0.0000% | 1h | 0.6789 | −0.125% | $54K | $11K | 10x | as long as short |
| Injective AERO/USDC PERP | +0.0033% | 1h | 0.6902 | +1.537% | $4 | $209K | 5.5x | as long as short |
| Hyperliquid AERO | +0.0100% | 1h | 0.6788 | −0.138% | $22.5M | $5.3M | 3x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6792 | −0.081% | $39K | $123K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6788 | −0.140% | $25.6M | $25.1M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6786 | −0.169% | $22.0M | $18.1M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6792 | −0.081% | $2.2M | $5.8M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6788 | −0.140% | $1.6M | $472K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6788 | −0.140% | $8.3M | $1.6M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6793 | −0.066% | $2.2M | $1.1M | 50x | as long as short |
Deribit AERO_USDC-PERPETUAL
Injective AERO/USDC PERP
Hyperliquid AERO
Aster AEROUSDT
Binance AEROUSDT
Bybit 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 AEROUSDTshort | +0.0100% | 4h | 0.6782 | −0.228% | $3.9M | $1.8M | 75x | |
| BingX AERO-USDT | +0.0100% | 4h | 0.6789 | −0.125% | — | $1.8M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6807 | +0.146% | $1.9M | $1.2M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6787 | −0.159% | $203K | $1.4M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6788 | −0.140% | $46K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6792 | −0.074% | $19K | $4K | 15x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6813 | +0.228% | $933K | $590K | 25x | as long as short |
| 01 Exchange AEROUSD | +0.0360% | 1h | 0.6795 | −0.035% | $184 | $101 | 3x | as long as short |
| Backpack AERO_USDC_PERP | +0.0368% | 1h | 0.6793 | −0.072% | $93K | $260K | 15x | as long as short |
| RISEx AERO/USDC | +0.0382% | 1h | 0.6790 | −0.117% | $199K | $487K | 3x | as long as short |
| Lighter AEROlong | +0.0424% | 1h | 0.6797 | long leg | $1.3M | $507K | 3x | |
| GMX AERO/USD [ETH-USDC] | L +0.0504% / S −0.0237% | 1h | 0.6789 | −0.127% | $88K | — | 100x | as long as short |
| Coinbase International AERO-PERP-INTX | +0.1984% | 1h | 0.6400 | −5.848% | $83K | $32K | 25x | as long as short |
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Reya AERORUSDPERP
BloFin AERO-USDT
01 Exchange AEROUSD
Backpack AERO_USDC_PERP
RISEx AERO/USDC
GMX AERO/USD [ETH-USDC]
Coinbase International AERO-PERP-INTX