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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AERO | 0.6899 | 0.0920 | pay 0.0115% / 1h | 1m 14s | $1.3M | $495K | 3x |
| Short | Variational Omni AERO | 0.6867 | 0.0100 | get 0.0050% / 4h | 2h 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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 5 min ago | 3.98 bp | 30.3 bp −$30 | 123.7 bp −$1,237 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 3 min ago | 4.36 bp | doesn't fit | 27.6 bp −$276 | 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 | −0.0621% | 1h | 0.6881 | −0.262% | $55K | $11K | 10x | as long as short |
| Injective AERO/USDC PERP | +0.0052% | 1h | 0.6902 | +0.042% | $4 | $209K | 5.5x | as long as short |
| Hyperliquid AERO | +0.0100% | 1h | 0.6887 | −0.178% | $23.1M | $5.7M | 3x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6886 | −0.193% | $39K | $109K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6882 | −0.252% | $25.5M | $25.7M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6885 | −0.204% | $21.8M | $20.6M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6884 | −0.219% | $2.3M | $6.8M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6880 | −0.277% | $1.6M | $564K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6880 | −0.277% | $8.1M | $1.6M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6880 | −0.277% | $2.2M | $839K | 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 | 0.6884 | −0.219% | $4.1M | $2.2M | 75x | as long as short |
| BingX AERO-USDT | +0.0100% | 4h | 0.6880 | −0.277% | — | $1.8M | — | as long as short |
| Variational Omni AEROshort | +0.0100% | 4h | 0.6867 | −0.470% | $1.9M | $1.7M | — | |
| Extended AERO-USD | +0.0104% | 1h | 0.6881 | −0.258% | $201K | $1.3M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6886 | −0.193% | $46K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6881 | −0.255% | $19K | $4K | 15x | as long as short |
| 01 Exchange AEROUSD | +0.0272% | 1h | 0.6886 | −0.194% | $187 | $115 | 3x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6881 | −0.262% | $914K | $693K | 25x | as long as short |
| Backpack AERO_USDC_PERP | +0.0422% | 1h | 0.6892 | −0.104% | $102K | $313K | 15x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0502% / S −0.0223% | 1h | 0.6883 | −0.227% | $92K | — | 100x | as long as short |
| RISEx AERO/USDC | +0.0530% | 1h | 0.6885 | −0.206% | $213K | $382K | 3x | as long as short |
| Lighter AEROlong | +0.0920% | 1h | 0.6899 | long leg | $1.3M | $495K | 3x | |
| Coinbase International AERO-PERP-INTX | +0.1488% | 1h | 0.6979 | +1.158% | $93K | $33K | 25x | as long as short |
Lighter AERO
Variational Omni AERO
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
Extended AERO-USD
01 Exchange AEROUSD
BloFin AERO-USDT
Backpack AERO_USDC_PERP
GMX AERO/USD [ETH-USDC]
RISEx AERO/USDC
Coinbase International AERO-PERP-INTX