Spread before costs (cost unknown: a leg has no order-book sample)+0.205%
7d average—if it closes, per $10,000$21funding while held, a day+$9.84
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange AEROUSD | 0.6780 | −0.0144 | get 0.0018% / 1h | 20m 17s | $184 | $122 | 3x |
| Short | Lighter AERO | 0.6794 | 0.0184 | get 0.0023% / 1h | 20m 17s | $1.2M | $521K | 3x |
Lighter AEROPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $20.5
- Funding while held
- $9.84
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $23.34
- Spread needed to break even
- 0.070%
Slippage unknown: 01 Exchange: no order-book sample; Lighter: live order book, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0328%
- Per $10,000 a day
- +$9.84
- Average in range /8h
- —
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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 2 min ago | 5.46 bp | 14.0 bp −$14 | 79.8 bp −$798 | doesn't fit | doesn't fit |
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 price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni0.6759cheapestBloFin0.6760+0.011%KuCoin0.6762+0.041%Gate0.6766+0.100%Injective0.6766+0.100%BingX0.6772+0.189%Backpack0.6773+0.198%Aster0.6773+0.203%Bitget0.6773+0.204%Reya0.6774+0.223%Binance0.6775+0.234%MEXC0.6776+0.248%OKX0.6777+0.263%Extended0.6777+0.263%Deribit0.6779+0.292%Aevo0.6780+0.300%GMX0.6780+0.313%Bybit0.6781+0.322%RISEx0.6782+0.330%Hyperliquid0.6783+0.349%
Variational Omni
BloFin
KuCoin
Gate
Injective
BingX
Backpack
Aster
Bitget
Reya
Binance
MEXC
OKX
Extended
Deribit
Aevo
GMX
Bybit
RISEx
HyperliquidLighter0.6794+0.516%
Coinbase International0.7230+6.965%
Coinbase InternationalAERO on 23 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni AERO | −0.309% | +0.0100% | 4h | $1.8M | $1.7M | — | as long as short |
| BloFin AERO-USDT | −0.298% | +0.0340% | 4h | $912K | $717K | 25x | as long as short |
| KuCoin AEROUSDTM | −0.268% | +0.0100% | 4h | $2.2M | $841K | 50x | as long as short |
| Gate AERO_USDT | −0.209% | +0.0100% | 4h | $1.5M | $568K | 75x | as long as short |
| Injective AERO/USDC PERP | −0.209% | +0.0033% | 1h | $4 | $65K | 5.5x | as long as short |
| BingX AERO-USDT | −0.121% | +0.0100% | 4h | — | $1.8M | — | as long as short |
| Backpack AERO_USDC_PERP | −0.112% | +0.0118% | 1h | $103K | $319K | 15x | as long as short |
| Aster AEROUSDT | −0.107% | +0.0100% | 4h | $38K | $112K | 10x | as long as short |
| Bitget AEROUSDT | −0.106% | +0.0100% | 4h | $4.0M | $2.3M | 75x | as long as short |
| Reya AERORUSDPERP | −0.087% | +0.0231% | 1h | $15K | — | 15x | as long as short |
Show all 23 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance AEROUSDT | −0.076% | +0.0100% | 4h | $25.0M | $24.9M | 75x | as long as short |
| MEXC AERO_USDT | −0.062% | +0.0100% | 4h | $7.9M | $1.6M | 100x | as long as short |
| OKX AERO-USDT-SWAP | −0.047% | +0.0100% | 4h | $2.2M | $6.5M | 20x | as long as short |
| Extended AERO-USD | −0.047% | +0.0104% | 1h | $193K | $1.3M | 10x | as long as short |
| Deribit AERO_USDC-PERPETUAL | −0.018% | 0.0000% | 1h | $54K | $11K | 10x | as long as short |
| Aevo AERO-PERP | −0.010% | +0.0104% | 1h | $46K | — | 3x | as long as short |
| 01 Exchange AEROUSDlong | 0.000% | −0.0144% | 1h | $184 | $122 | 3x | |
| GMX AERO/USD [ETH-USDC] | +0.002% | L +0.0499% / S −0.0230% | 1h | $89K | — | 100x | as long as short |
| Bybit AEROUSDT | +0.012% | +0.0100% | 4h | $21.7M | $20.1M | 25x | as long as short |
| RISEx AERO/USDC | +0.020% | +0.0257% | 1h | $204K | $407K | 3x | as long as short |
| Hyperliquid AERO | +0.038% | +0.0100% | 1h | $23.0M | $5.7M | 3x | as long as short |
| Lighter AEROshort | +0.205% | +0.0184% | 1h | $1.2M | $521K | 3x | |
| Coinbase International AERO-PERP-INTX | +6.634% | +0.2608% | 1h | $96K | $20K | 25x | as long as short |