Funding you earn now, next payment 03:00 UTC−0.1255%/8h= −137.4% APRnext payment −$1.57 per $10,000 · paid last 24h −0.229%
Price spread now: Injective against Lighter−0.282%7-day average +0.590% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.963%−$96 on $10k
+Price spread, last 3 days (all we have)−2.662%−$266 · spread now −0.282%, 7d avg +0.590%
=Together, before fees−3.625%+ Points / potential airdropLighter: Season 3 · farm board−$363 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$38 a day on $10k at the current rate, and Injective is 0.872% cheaper against Lighter than usual: you would sell low and buy high (−$87 if the spread goes back to its 7-day average of +0.590%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AERO | 0.6922 | 0.1288 | pay 0.0161% / 1h | 52m 45s | $1.3M | $492K | 3x |
| Short | Injective AERO/USDC PERP | 0.6902 | 0.0033 | get 0.0004% / 1h | 52m 45s | $4 | $209K | 5.5x |
Lighter AERO
Injective AERO/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$263.48
- Price spread: −0.282% → +0.590%
- −$87.2
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$350.7
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 3 min ago; Injective: 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, 3 min ago | 5.28 bp | 33.0 bp −$33 | 122.7 bp −$1,227 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 22 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 PERPshort | +0.0033% | 1h | 0.6902 | −0.282% | $4 | $209K | 5.5x | |
| Deribit AERO_USDC-PERPETUAL | +0.0040% | 1h | 0.6899 | −0.325% | $55K | $11K | 10x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6898 | −0.340% | $40K | $115K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6903 | −0.267% | $26.2M | $25.3M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6904 | −0.253% | $22.5M | $19.0M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6905 | −0.238% | $2.3M | $6.6M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6893 | −0.412% | $1.6M | $478K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6902 | −0.282% | $8.2M | $1.6M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6894 | −0.397% | $2.1M | $939K | 50x | as long as short |
| Bitget AEROUSDT | +0.0100% | 4h | 0.6901 | −0.296% | $4.1M | $1.9M | 75x | as long as short |
Deribit AERO_USDC-PERPETUAL
Aster AEROUSDT
Binance AEROUSDT
Bybit AEROUSDT
OKX AERO-USDT-SWAP
Gate AERO_USDT
MEXC AERO_USDT
KuCoin AEROUSDTM
Bitget AEROUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX AERO-USDT | +0.0100% | 4h | 0.6899 | −0.325% | — | $1.7M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6907 | −0.204% | $2.0M | $1.3M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6901 | −0.299% | $206K | $2.0M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6898 | −0.337% | $46K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6886 | −0.508% | $19K | $4K | 15x | as long as short |
| Hyperliquid AERO | +0.0381% | 1h | 0.6908 | −0.188% | $23.2M | $5.1M | 3x | as long as short |
| 01 Exchange AEROUSD | +0.0464% | 1h | 0.6894 | −0.393% | $187 | $101 | 3x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0505% / S −0.0237% | 1h | 0.6895 | −0.378% | $90K | — | 100x | as long as short |
| RISEx AERO/USDC | +0.0540% | 1h | 0.6890 | −0.457% | $214K | $405K | 3x | as long as short |
| Backpack AERO_USDC_PERP | +0.1109% | 1h | 0.6908 | −0.189% | $118K | $282K | 15x | as long as short |
| Lighter AEROlong | +0.1288% | 1h | 0.6922 | long leg | $1.3M | $492K | 3x | |
| Coinbase International AERO-PERP-INTX | +1.0840% | 1h | 0.6912 | −0.137% | $90K | $36K | 25x | as long as short |
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Reya AERORUSDPERP
Hyperliquid AERO
01 Exchange AEROUSD
GMX AERO/USD [ETH-USDC]
RISEx AERO/USDC
Backpack AERO_USDC_PERP
Coinbase International AERO-PERP-INTX