Funding you earn now, next payment 23:00 UTC−0.0888%/8h= −97.2% APRnext payment −$1.11 per $10,000 · paid last 24h −0.224%
Price spread now: Deribit against Lighter−0.259%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$27 a day on $10k at the current rate, and Deribit is 0.259% cheaper against Lighter than usual: you would sell low and buy high (−$26 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AERO | 0.6915 | 0.0888 | pay 0.0111% / 1h | 5m 13s | $1.3M | $464K | 3x |
| Short | Deribit AERO_USDC-PERPETUAL | 0.6897 | 0 | get 0.0000% / 1h | 5m 13s | $55K | $11K | 10x |
Lighter AERO
Deribit AERO_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$186.48
- Price spread: −0.259% → 0.000%
- −$25.89
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$219.37
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 6 min ago; Deribit: no order-book sample. 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 Lighter live order book, 6 min ago | 6.08 bp | 13.8 bp −$14 | 123.1 bp −$1,231 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit AERO_USDC-PERPETUALshort | 0.0000% | 1h | 0.6897 | −0.259% | $55K | $11K | 10x | |
| Hyperliquid AERO | +0.0100% | 1h | 0.6902 | −0.191% | $23.2M | $5.3M | 3x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6894 | −0.302% | $39K | $109K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6898 | −0.246% | $25.6M | $25.3M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6897 | −0.259% | $22.0M | $20.4M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6902 | −0.187% | $2.3M | $6.8M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6890 | −0.360% | $1.6M | $533K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6894 | −0.302% | $8.2M | $1.7M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6894 | −0.302% | $2.1M | $904K | 50x | as long as short |
| Bitget AEROUSDT | +0.0100% | 4h | 0.6895 | −0.288% | $4.1M | $2.1M | 75x | as long as short |
Hyperliquid AERO
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 | 0.6895 | −0.288% | — | $1.8M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6896 | −0.272% | $1.9M | $1.7M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6897 | −0.264% | $202K | $1.3M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6897 | −0.253% | $46K | — | 3x | as long as short |
| Injective AERO/USDC PERP | +0.0175% | 1h | 0.6902 | −0.187% | $4 | $209K | 5.5x | as long as short |
| 01 Exchange AEROUSD | +0.0224% | 1h | 0.6902 | −0.184% | $187 | $115 | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6898 | −0.251% | $19K | $4K | 15x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6897 | −0.259% | $914K | $695K | 25x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0502% / S −0.0223% | 1h | 0.6896 | −0.267% | $92K | — | 100x | as long as short |
| Backpack AERO_USDC_PERP | +0.0536% | 1h | 0.6904 | −0.163% | $102K | $314K | 15x | as long as short |
| RISEx AERO/USDC | +0.0676% | 1h | 0.6899 | −0.223% | $211K | $366K | 3x | as long as short |
| Coinbase International AERO-PERP-INTX | +0.0736% | 1h | 0.6903 | −0.172% | $92K | $32K | 25x | as long as short |
| Lighter AEROlong | +0.0888% | 1h | 0.6915 | long leg | $1.3M | $464K | 3x |
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Injective AERO/USDC PERP
01 Exchange AEROUSD
Reya AERORUSDPERP
BloFin AERO-USDT
GMX AERO/USD [ETH-USDC]
Backpack AERO_USDC_PERP
RISEx AERO/USDC
Coinbase International AERO-PERP-INTX