Funding you earn now, next payment 11:00 UTC−0.1060%/8h= −116.1% APRpaid last 24h −0.242%
Price spread now: Gate against Lighter−0.239%7-day average −0.154% · you buy dearer than you sell
Net, funding: paid 7d − costs−$177as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$820.824% of the position
Funding, last 7 days−0.944%−$94 on $10k
+Price spread, last 7 days+0.099%+$10 · spread now −0.239%, 7d avg −0.154%
=Together, before fees−0.845%+ Points / potential airdropLighter: Season 3 · farm board−$85 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$32 a day on $10k at the current rate, and Gate is 0.085% cheaper against Lighter than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.154%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AERO | 0.7119 | 0.1160 | pay 0.0145% / 1h | 56m 15s | $1.3M | $387K | 3x |
| Short | Gate AERO_USDT | 0.7102 | 0.0100 | get 0.0050% / 4h | 1h 56m | $1.7M | $475K | 75x |
Lighter AERO
Gate AERO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$222.6
- Price spread: −0.239% → −0.154%
- −$8.51
- Slippage, 4 orders
- −$67.37
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$313.48
- Costs to cover
- 0.824%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 3 min ago; Gate: 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, 3 min ago | 7.79 bp | 17.9 bp −$18 | 97.8 bp −$978 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 4.92 bp | 24.8 bp −$25 | 220.7 bp −$2,207 | doesn't fit | doesn't fit |
AERO on 23 exchanges
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 | −3.048% | $4 | $209K | 5.5x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.7104 | −0.211% | $43K | $107K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.7103 | −0.225% | $27.0M | $25.3M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.7095 | −0.337% | $23.5M | $18.0M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.7103 | −0.225% | $2.4M | $5.6M | 20x | as long as short |
| Gate AERO_USDTshort | +0.0100% | 4h | 0.7102 | −0.239% | $1.7M | $475K | 75x | |
| MEXC AERO_USDT | +0.0100% | 4h | 0.7101 | −0.253% | $8.6M | $1.4M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.7107 | −0.169% | $2.2M | $1.2M | 50x | as long as short |
| Bitget AEROUSDT | +0.0100% | 4h | 0.7099 | −0.281% | $4.2M | $2.0M | 75x | as long as short |
| BingX AERO-USDT | +0.0100% | 4h | 0.7102 | −0.239% | — | $1.8M | — | as long as short |
Injective AERO/USDC PERP
Aster AEROUSDT
Binance AEROUSDT
Bybit AEROUSDT
OKX AERO-USDT-SWAP
MEXC AERO_USDT
KuCoin AEROUSDTM
Bitget AEROUSDT
BingX AERO-USDTShow all 23 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AERO | +0.0100% | 4h | 0.7105 | −0.199% | $2.0M | $841K | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.7096 | −0.317% | $221K | $1.4M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.7096 | −0.325% | $48K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.7102 | −0.238% | $20K | $4K | 15x | as long as short |
| Deribit AERO_USDC-PERPETUAL | +0.0314% | 1h | 0.7099 | −0.281% | $56K | $684 | 10x | as long as short |
| BloFin AERO-USDT | +0.0400% | 4h | 0.7106 | −0.183% | $988K | $638K | 25x | as long as short |
| Backpack AERO_USDC_PERP | +0.0436% | 1h | 0.7110 | −0.121% | $102K | $234K | 15x | as long as short |
| RISEx AERO/USDC | +0.0502% | 1h | 0.7107 | −0.173% | $223K | $586K | 3x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0515% / S −0.0233% | 1h | 0.7101 | −0.259% | $93K | — | 100x | as long as short |
| 01 Exchange AEROUSD | +0.0728% | 1h | 0.7113 | −0.079% | $193 | $101 | 3x | as long as short |
| Hyperliquid AERO | +0.0787% | 1h | 0.7110 | −0.119% | $23.4M | $6.0M | 3x | as long as short |
| Lighter AEROlong | +0.1160% | 1h | 0.7119 | long leg | $1.3M | $387K | 3x | |
| Coinbase International AERO-PERP-INTX | +0.2200% | 1h | 0.7099 | −0.281% | $89K | $40K | 25x | as long as short |
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Reya AERORUSDPERP
Deribit AERO_USDC-PERPETUAL
BloFin AERO-USDT
Backpack AERO_USDC_PERP
RISEx AERO/USDC
GMX AERO/USD [ETH-USDC]
01 Exchange AEROUSD
Hyperliquid AERO
Coinbase International AERO-PERP-INTX