Funding you earn now, next payment 06:00 UTC−0.0516%/8h= −56.5% APRpaid last 24h −0.222%
Price spread now: MEXC against Lighter−0.104%7-day average −0.131% · you buy dearer than you sell
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$520.520% of the position
Funding, last 7 days−0.865%−$86 on $10k
+Price spread, last 7 days−0.027%−$3 · spread now −0.104%, 7d avg −0.131%
=Together, before fees−0.892%+ Points / potential airdropLighter: Season 3 · farm board−$89 on $10k · with fees, hour by hour
The price spread pays, funding is against you. MEXC is 0.027% dearer against Lighter than usual: you sell high and buy low (spread −0.104% now, against its 7-day average of −0.131%): +$3 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 4 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AERO | 0.6911 | 0.0616 | pay 0.0077% / 1h | 4m 26s | $1.3M | $508K | 3x |
| Short | MEXC AERO_USDT | 0.6904 | 0.0100 | get 0.0050% / 4h | 2h 04m | $8.4M | $1.6M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$108.36
- Price spread: −0.104% → −0.131%
- $2.66
- Slippage, 4 orders
- −$43.96
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$157.65
- Costs to cover
- 0.520%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 2 min ago; MEXC: live order book, 3 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 | 0.87 bp | 29.4 bp −$29 | 111.7 bp −$1,117 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.73 bp | 11.2 bp −$11 | 23.2 bp −$232 | 111.5 bp −$11.1K | 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 | −0.133% | $4 | $209K | 5.5x | as long as short |
| Hyperliquid AERO | +0.0100% | 1h | 0.6908 | −0.051% | $22.8M | $5.3M | 3x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6898 | −0.192% | $42K | $125K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6904 | −0.103% | $26.1M | $25.2M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6897 | −0.205% | $22.5M | $18.2M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6907 | −0.061% | $2.3M | $5.9M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6899 | −0.177% | $1.6M | $478K | 75x | as long as short |
| MEXC AERO_USDTshort | +0.0100% | 4h | 0.6904 | −0.104% | $8.4M | $1.6M | 100x | |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6907 | −0.061% | $2.0M | $1.1M | 50x | as long as short |
| Bitget AEROUSDT | +0.0100% | 4h | 0.6900 | −0.162% | $4.0M | $1.9M | 75x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX AERO-USDT | +0.0100% | 4h | 0.6901 | −0.148% | — | $1.8M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6900 | −0.158% | $2.0M | $1.2M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6899 | −0.172% | $204K | $1.4M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6902 | −0.140% | $46K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6900 | −0.158% | $19K | $4K | 15x | as long as short |
| Deribit AERO_USDC-PERPETUAL | +0.0330% | 1h | 0.6905 | −0.090% | $55K | $11K | 10x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6905 | −0.090% | $926K | $599K | 25x | as long as short |
| RISEx AERO/USDC | +0.0382% | 1h | 0.6902 | −0.139% | $230K | $505K | 3x | as long as short |
| 01 Exchange AEROUSD | +0.0424% | 1h | 0.6915 | +0.048% | $187 | $101 | 3x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0507% / S −0.0246% | 1h | 0.6896 | −0.220% | $88K | — | 100x | as long as short |
| Backpack AERO_USDC_PERP | +0.0542% | 1h | 0.6910 | −0.014% | $94K | $260K | 15x | as long as short |
| Lighter AEROlong | +0.0616% | 1h | 0.6911 | long leg | $1.3M | $508K | 3x | |
| Coinbase International AERO-PERP-INTX | +0.1984% | 1h | 0.6414 | −7.194% | $83K | $33K | 25x | as long as short |
Lighter AERO
MEXC AERO_USDT
Injective AERO/USDC PERP
Hyperliquid AERO
Aster AEROUSDT
Binance AEROUSDT
Bybit AEROUSDT
OKX AERO-USDT-SWAP
Gate AERO_USDT
KuCoin AEROUSDTM
Bitget AEROUSDT
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Deribit AERO_USDC-PERPETUAL
BloFin AERO-USDT
RISEx AERO/USDC
01 Exchange AEROUSD
GMX AERO/USD [ETH-USDC]
Backpack AERO_USDC_PERP
Coinbase International AERO-PERP-INTX