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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0740%/8h= +81.0% APRpaid last 24h +0.224%
Price spread now: Lighter against MEXC+0.164%7-day average +0.131% · you sell dearer than you buy
Net, funding: paid 7d − costs+$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$440.442% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.872%+$87 on $10k
Price spread, last 7 days−0.060%−$6 · spread now +0.164%, 7d avg +0.131%
Together, before fees+0.812%+ Points / potential airdropLighter: Season 3 · farm board+$81 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Lighter is 0.033% dearer against MEXC than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.131%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC AERO_USDT0.68900.0100pay 0.0050% / 4h1h 16m$8.4M$1.4M100x
ShortLighter AERO0.69010.0840get 0.0105% / 1h16m 09s$1.3M$499K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against MEXC. 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
$155.4
Price spread: +0.164% → +0.131%
$3.35
Slippage, 4 orders
−$36.21
Fee MEXC: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
$114.54
Costs to cover
0.442%
Break-even
1.8 days
Slippage from MEXC: live order book, 2 min ago; Lighter: live order book, 10 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 2 min ago1.45 bp10.9 bp −$1120.0 bp −$200119.0 bp −$11.9Kdoesn't fit
Sell Lighter live order book, 10 min ago3.26 bp8.1 bp −$877.9 bp −$779doesn'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
Coinbase International AERO-PERP-INTX−0.1896%1h0.6896+0.087%$89K$37K25xas long as short
Injective AERO/USDC PERP+0.0033%1h0.6902+0.174%$4$209K5.5xas long as short
Deribit AERO_USDC-PERPETUAL+0.0040%1h0.6888−0.029%$55K$11K10xas long as short
Aster AEROUSDT+0.0100%4h0.6896+0.084%$42K$128K10xas long as short
Binance AEROUSDT+0.0100%4h0.6891+0.008%$25.9M$25.4M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6889−0.015%$22.5M$18.2M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6891+0.015%$2.3M$5.9M20xas long as short
Gate AERO_USDT+0.0100%4h0.6891+0.015%$1.6M$477K75xas long as short
MEXC AERO_USDTlong+0.0100%4h0.6890long leg$8.4M$1.4M100x
KuCoin AEROUSDTM+0.0100%4h0.6893+0.044%$2.0M$1.1M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AEROUSDT+0.0100%4h0.68900.000%$4.0M$1.9M75xas long as short
BingX AERO-USDT+0.0100%4h0.6892+0.029%$1.8Mas long as short
Variational Omni AERO+0.0100%4h0.6885−0.068%$2.0M$1.2Mas long as short
Extended AERO-USD+0.0104%1h0.6888−0.029%$203K$1.4M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6887−0.041%$46K3xas long as short
Hyperliquid AERO+0.0223%1h0.6890+0.006%$22.7M$5.3M3xas long as short
Reya AERORUSDPERP+0.0228%1h0.6895+0.071%$19K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.6897+0.102%$935K$583K25xas long as short
01 Exchange AEROUSD+0.0408%1h0.6899+0.132%$187$1013xas long as short
RISEx AERO/USDC+0.0491%1h0.6886−0.060%$201K$527K3xas long as short
GMX AERO/USD [ETH-USDC]L +0.0506% / S −0.0246%1h0.6886−0.054%$88K100xas long as short
Backpack AERO_USDC_PERP+0.0693%1h0.6893+0.048%$94K$260K15xas long as short
Lighter AEROshort+0.0840%1h0.6901+0.164%$1.3M$499K3x