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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
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 − costsunder 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
What this pair did over the last
the charts below follow
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx AERO/USDC0.68760.0540pay 0.0068% / 1h3m 02s$211K$424K3x
ShortLighter AERO0.68930.1312get 0.0164% / 1h3m 02s$1.3M$502K3x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy RISEx live order book, 60 min ago0.80 bp4.7 bp −$5doesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 3 min ago3.55 bp7.6 bp −$868.4 bp −$684doesn'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
Injective AERO/USDC PERP+0.0033%1h0.6902+0.382%$4$209K5.5xas long as short
Deribit AERO_USDC-PERPETUAL+0.0041%1h0.6879+0.047%$55K$11K10xas long as short
Aster AEROUSDT+0.0100%4h0.6880+0.062%$39K$115K10xas long as short
Binance AEROUSDT+0.0100%4h0.6877+0.021%$26.1M$24.8M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6880+0.062%$22.4M$18.4M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6880+0.062%$2.3M$5.8M20xas long as short
Gate AERO_USDT+0.0100%4h0.6870−0.084%$1.6M$487K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6877+0.018%$8.2M$1.6M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6878+0.033%$2.1M$930K50xas long as short
Bitget AEROUSDT+0.0100%4h0.6875−0.011%$4.0M$1.9M75xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AERO-USDT+0.0100%4h0.6875−0.011%$1.7Mas long as short
Variational Omni AERO+0.0100%4h0.6885+0.137%$2.0M$1.3Mas long as short
Extended AERO-USD+0.0104%1h0.6874−0.021%$209K$2.0M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6872−0.050%$46K3xas long as short
Reya AERORUSDPERP+0.0228%1h0.6876+0.008%$19K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.6878+0.033%$940K$611K25xas long as short
Hyperliquid AERO+0.0371%1h0.6882+0.097%$23.2M$5.1M3xas long as short
01 Exchange AEROUSD+0.0488%1h0.6880+0.057%$186$1013xas long as short
GMX AERO/USD [ETH-USDC]L +0.0505% / S −0.0237%1h0.6875−0.012%$89K100xas long as short
RISEx AERO/USDClong+0.0540%1h0.6876long leg$211K$424K3x
Backpack AERO_USDC_PERP+0.1033%1h0.6884+0.126%$113K$292K15xas long as short
Lighter AEROshort+0.1312%1h0.6893+0.248%$1.3M$502K3x
Coinbase International AERO-PERP-INTX+1.0840%1h0.6899+0.338%$90K$36K25xas long as short