Settings8H · net · $10k
Funding arb · Price arb /

AERO

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0820%/8h= −89.8% APRpaid last 24h −0.167%
Price spread now: Variational Omni against Lighter−0.470%7-day average −0.091% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.727%−$73 on $10k
Price spread, last 4 days (all we have)+0.954%+$95 · spread now −0.470%, 7d avg −0.091%
Together, before fees+0.227%+ Points / potential airdropLighter: Season 3 · Variational Omni: Active · farm board+$23 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and Variational Omni is 0.378% cheaper against Lighter than usual: you would sell low and buy high (−$38 if the spread goes back to its 7-day average of −0.091%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter AERO0.68990.0920pay 0.0115% / 1h1m 14s$1.3M$495K3x
ShortVariational Omni AERO0.68670.0100get 0.0050% / 4h2h 01m$1.9M$1.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Lighter. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$172.2
Price spread: −0.470% → −0.091%
−$37.85
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$210.05
Costs to cover
0.000%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 5 min ago; Variational Omni: RFQ quote, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 5 min ago3.98 bp30.3 bp −$30123.7 bp −$1,237doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 3 min ago4.36 bpdoesn't fit27.6 bp −$276doesn't fitdoesn't fit

AERO on 23 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit AERO_USDC-PERPETUAL−0.0621%1h0.6881−0.262%$55K$11K10xas long as short
Injective AERO/USDC PERP+0.0052%1h0.6902+0.042%$4$209K5.5xas long as short
Hyperliquid AERO+0.0100%1h0.6887−0.178%$23.1M$5.7M3xas long as short
Aster AEROUSDT+0.0100%4h0.6886−0.193%$39K$109K10xas long as short
Binance AEROUSDT+0.0100%4h0.6882−0.252%$25.5M$25.7M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6885−0.204%$21.8M$20.6M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6884−0.219%$2.3M$6.8M20xas long as short
Gate AERO_USDT+0.0100%4h0.6880−0.277%$1.6M$564K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6880−0.277%$8.1M$1.6M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6880−0.277%$2.2M$839K50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AEROUSDT+0.0100%4h0.6884−0.219%$4.1M$2.2M75xas long as short
BingX AERO-USDT+0.0100%4h0.6880−0.277%$1.8Mas long as short
Variational Omni AEROshort+0.0100%4h0.6867−0.470%$1.9M$1.7M
Extended AERO-USD+0.0104%1h0.6881−0.258%$201K$1.3M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6886−0.193%$46K3xas long as short
Reya AERORUSDPERP+0.0228%1h0.6881−0.255%$19K$4K15xas long as short
01 Exchange AEROUSD+0.0272%1h0.6886−0.194%$187$1153xas long as short
BloFin AERO-USDT+0.0340%4h0.6881−0.262%$914K$693K25xas long as short
Backpack AERO_USDC_PERP+0.0422%1h0.6892−0.104%$102K$313K15xas long as short
GMX AERO/USD [ETH-USDC]L +0.0502% / S −0.0223%1h0.6883−0.227%$92K100xas long as short
RISEx AERO/USDC+0.0530%1h0.6885−0.206%$213K$382K3xas long as short
Lighter AEROlong+0.0920%1h0.6899long leg$1.3M$495K3x
Coinbase International AERO-PERP-INTX+0.1488%1h0.6979+1.158%$93K$33K25xas long as short