Funding you earn now, next payment 06:00 UTC−0.0042%/8h= −4.7% APRnext payment −$0.05 per $10,000 · paid last 24h −0.129%
Price spread now: RISEx against Lighter−0.162%7-day average −0.170% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$330.331% of the position
Funding, last 4 days (all we have)−0.352%−$35 on $10k
+Price spread, last 4 days (all we have)+0.113%+$11 · spread now −0.162%, 7d avg −0.170%
=Together, before fees−0.239%+ Points / potential airdropLighter: Season 3 · farm board−$24 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.170%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AERO | 0.6836 | 0.0424 | pay 0.0053% / 1h | 45m 28s | $1.3M | $506K | 3x |
| Short | RISEx AERO/USDC | 0.6825 | 0.0382 | get 0.0048% / 1h | 45m 28s | $198K | $476K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- −$8.92
- Price spread: −0.162% → −0.170%
- $0.73
- Slippage, 4 orders
- −$27.13
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$41.33
- Costs to cover
- 0.331%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 6 min ago; RISEx: 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, 6 min ago | 3.57 bp | 13.2 bp −$13 | 93.6 bp −$936 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 3 min ago | 1.02 bp | 4.6 bp −$5 | doesn't fit | 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 | 0.6822 | −0.211% | $54K | $11K | 10x | as long as short |
| Injective AERO/USDC PERP | +0.0033% | 1h | 0.6902 | +0.960% | $4 | $209K | 5.5x | as long as short |
| Hyperliquid AERO | +0.0100% | 1h | 0.6826 | −0.150% | $22.6M | $5.3M | 3x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6827 | −0.133% | $39K | $123K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6827 | −0.144% | $25.8M | $25.0M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6824 | −0.181% | $22.1M | $18.1M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6825 | −0.167% | $2.2M | $5.8M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6819 | −0.255% | $1.6M | $465K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6826 | −0.152% | $8.3M | $1.5M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6823 | −0.196% | $2.3M | $1.0M | 50x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AEROUSDT | +0.0100% | 4h | 0.6820 | −0.240% | $4.0M | $1.8M | 75x | as long as short |
| BingX AERO-USDT | +0.0100% | 4h | 0.6826 | −0.152% | — | $1.8M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6818 | −0.265% | $1.9M | $1.2M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6822 | −0.203% | $206K | $1.4M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6820 | −0.240% | $46K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6822 | −0.216% | $19K | $4K | 15x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6833 | −0.050% | $934K | $590K | 25x | as long as short |
| Backpack AERO_USDC_PERP | +0.0359% | 1h | 0.6827 | −0.133% | $93K | $259K | 15x | as long as short |
| 01 Exchange AEROUSD | +0.0368% | 1h | 0.6829 | −0.108% | $185 | $101 | 3x | as long as short |
| RISEx AERO/USDCshort | +0.0382% | 1h | 0.6825 | −0.162% | $198K | $476K | 3x | |
| Lighter AEROlong | +0.0424% | 1h | 0.6836 | long leg | $1.3M | $506K | 3x | |
| GMX AERO/USD [ETH-USDC] | L +0.0504% / S −0.0237% | 1h | 0.6819 | −0.256% | $89K | — | 100x | as long as short |
| Coinbase International AERO-PERP-INTX | +0.1984% | 1h | 0.6400 | −6.383% | $83K | $32K | 25x | as long as short |
Lighter AERO
RISEx AERO/USDC
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 AEROUSDTM
Bitget AEROUSDT
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
BloFin AERO-USDT
Backpack AERO_USDC_PERP
01 Exchange AEROUSD
GMX AERO/USD [ETH-USDC]
Coinbase International AERO-PERP-INTX