Funding you earn now, next payment 03:00 UTC+0.0772%/8h= +84.5% APRnext payment +$0.96 per $10,000 · paid last 24h +0.124%
Price spread now: Lighter against RISEx+0.248%7-day average +0.170% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$500.499% of the position
Funding, last 4 days (all we have)+0.334%+$33 on $10k
+Price spread, last 4 days (all we have)−0.082%−$8 · spread now +0.248%, 7d avg +0.170%
=Together, before fees+0.252%+ Points / potential airdropLighter: Season 3 · farm board+$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Lighter is 0.078% dearer against RISEx than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.170%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx AERO/USDC | 0.6876 | 0.0540 | pay 0.0068% / 1h | 3m 02s | $211K | $424K | 3x |
| Short | Lighter AERO | 0.6893 | 0.1312 | get 0.0164% / 1h | 3m 02s | $1.3M | $502K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against RISEx. 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
- $162.06
- Price spread: +0.248% → +0.170%
- $7.8
- Slippage, 4 orders
- −$43.88
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $119.98
- Costs to cover
- 0.499%
- Break-even
- 1.8 days
Slippage from RISEx: live order book, 60 min ago; Lighter: 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 RISEx live order book, 60 min ago | 0.80 bp | 4.7 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 3 min ago | 3.55 bp | 7.6 bp −$8 | 68.4 bp −$684 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AERO/USDC PERP | +0.0033% | 1h | 0.6902 | +0.382% | $4 | $209K | 5.5x | as long as short |
| Deribit AERO_USDC-PERPETUAL | +0.0041% | 1h | 0.6879 | +0.047% | $55K | $11K | 10x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6880 | +0.062% | $39K | $115K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6877 | +0.021% | $26.1M | $24.8M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6880 | +0.062% | $22.4M | $18.4M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6880 | +0.062% | $2.3M | $5.8M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6870 | −0.084% | $1.6M | $487K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6877 | +0.018% | $8.2M | $1.6M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6878 | +0.033% | $2.1M | $930K | 50x | as long as short |
| Bitget AEROUSDT | +0.0100% | 4h | 0.6875 | −0.011% | $4.0M | $1.9M | 75x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX AERO-USDT | +0.0100% | 4h | 0.6875 | −0.011% | — | $1.7M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6885 | +0.137% | $2.0M | $1.3M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6874 | −0.021% | $209K | $2.0M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6872 | −0.050% | $46K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6876 | +0.008% | $19K | $4K | 15x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6878 | +0.033% | $940K | $611K | 25x | as long as short |
| Hyperliquid AERO | +0.0371% | 1h | 0.6882 | +0.097% | $23.2M | $5.1M | 3x | as long as short |
| 01 Exchange AEROUSD | +0.0488% | 1h | 0.6880 | +0.057% | $186 | $101 | 3x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0505% / S −0.0237% | 1h | 0.6875 | −0.012% | $89K | — | 100x | as long as short |
| RISEx AERO/USDClong | +0.0540% | 1h | 0.6876 | long leg | $211K | $424K | 3x | |
| Backpack AERO_USDC_PERP | +0.1033% | 1h | 0.6884 | +0.126% | $113K | $292K | 15x | as long as short |
| Lighter AEROshort | +0.1312% | 1h | 0.6893 | +0.248% | $1.3M | $502K | 3x | |
| Coinbase International AERO-PERP-INTX | +1.0840% | 1h | 0.6899 | +0.338% | $90K | $36K | 25x | as long as short |
RISEx AERO/USDC
Lighter AERO
Injective AERO/USDC PERP
Deribit AERO_USDC-PERPETUAL
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
Hyperliquid AERO
01 Exchange AEROUSD
GMX AERO/USD [ETH-USDC]
Backpack AERO_USDC_PERP
Coinbase International AERO-PERP-INTX