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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.1104%/8h= −120.9% APRnext payment $1.38 per $10,000 · paid last 24h −0.156%
Price spread now: 01 Exchange against Lighter−0.259%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$33 a day on $10k at the current rate, and 01 Exchange is 0.259% cheaper against Lighter than usual: you would sell low and buy high (−$26 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter AERO0.70660.1896pay 0.0237% / 1h44m 13s$1.3M$459K3x
Short01 Exchange AEROUSD0.70480.0792get 0.0099% / 1h44m 13s$191$1113x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$231.84
Price spread: −0.259% → 0.000%
−$25.9
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$264.74
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 2 min ago; 01 Exchange: 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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 2 min ago4.55 bp16.8 bp −$17103.5 bp −$1,035doesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: 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 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
Injective AERO/USDC PERP+0.0033%1h0.6902−2.322%$4$209K5.5xas long as short
Aster AEROUSDT+0.0100%4h0.7045−0.299%$40K$112K10xas long as short
Binance AEROUSDT+0.0100%4h0.7051−0.213%$26.4M$26.0M75xas long as short
Bybit AEROUSDT+0.0100%4h0.7052−0.200%$22.6M$21.3M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.7055−0.157%$2.3M$7.0M20xas long as short
Gate AERO_USDT+0.0100%4h0.7043−0.327%$1.6M$528K75xas long as short
MEXC AERO_USDT+0.0100%4h0.7047−0.270%$8.4M$1.7M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.7045−0.299%$2.2M$923K50xas long as short
Bitget AEROUSDT+0.0100%4h0.7047−0.270%$4.1M$2.2M75xas long as short
BingX AERO-USDT+0.0100%4h0.7045−0.299%$1.8Mas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AERO+0.0100%4h0.7005−0.870%$2.0M$1.7Mas long as short
Extended AERO-USD+0.0104%1h0.7050−0.228%$218K$1.3M10xas long as short
Aevo AERO-PERP+0.0104%1h0.7046−0.279%$47K3xas long as short
Deribit AERO_USDC-PERPETUAL+0.0176%1h0.7050−0.228%$56K$11K10xas long as short
Reya AERORUSDPERP+0.0228%1h0.7048−0.259%$20K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.7027−0.553%$930K$722K25xas long as short
GMX AERO/USD [ETH-USDC]L +0.0512% / S −0.0250%1h0.7043−0.333%$91K100xas long as short
Coinbase International AERO-PERP-INTX+0.0520%1h0.6611−6.441%$88K$31K25xas long as short
RISEx AERO/USDC+0.0563%1h0.7041−0.360%$254K$386K3xas long as short
Hyperliquid AERO+0.0623%1h0.7056−0.145%$23.7M$5.4M3xas long as short
01 Exchange AEROUSDshort+0.0792%1h0.7048−0.259%$191$1113x
Backpack AERO_USDC_PERP+0.1120%1h0.7041−0.359%$104K$315K15xas long as short
Lighter AEROlong+0.1896%1h0.7066long leg$1.3M$459K3x