AERO funding rates

AERO perpetual funding across 11 venues. Rates are annualized (APR); positive means longs pay shorts.

Data as of 2026-10-12 07:25 UTC · refreshed every 5 min

Best pair · 7d: 8.6%long Variational, short Lighter · net 8.6%
Highest funding now: 11.4%Extended
Lowest funding now: −85.1%RISEx
Listed on: 11 venues

Funding by venue

													Open
Extended	AERO-USD	11.4%	11.2%	10.8%	9.7%	10.7%	99%	1h	08:00	0.9374	$217k	$1.6M	ExExtended
Hyperliquid	AERO	10.9%	10.9%	11.0%	25.3%	11.0%	100%	1h	—	0.94	$38.8M	$8.5M	HyHyperliquid
Aster	AEROUSDT	10.9%	6.5%	5.1%	7.6%	4.9%	81%	4h	08:00	0.9397	$132k	$140k	AsAster
BinanceCEX	AEROUSDT	10.9%	10.9%	10.4%	8.9%	10.3%	100%	4h	08:00	0.9376	$50.4M	$45.1M	BnBinance
BybitCEX	AEROUSDT	10.9%	6.7%	6.9%	7.8%	6.9%	83%	4h	08:00	0.938	$31.4M	$16.2M	ByBybit
BitgetCEX	AEROUSDT	10.9%	3.9%	8.0%	9.2%	8.7%	88%	4h	08:00	0.9374	$4.5M	$2.6M	BgBitget
GateCEX	AERO_USDT	10.9%	10.8%	10.8%	8.8%	10.8%	100%	4h	08:00	0.9375	$30.9M	$1.7M	GtGate
MEXCCEX	AERO_USDT	10.9%	10.9%	10.5%	9.5%	10.4%	100%	4h	08:00	0.9383	$4.6M	$5.4M	MxMEXC
Variational	AERO	10.9%	2.2%	3.9%	5.2%	4.2%	76%	4h	—	0.9369	$2.3M	$1.8M	VaVariational
Lighter	AERO	10.5%	8.7%	12.5%	33.2%	13.1%	99%	1h	08:00	0.9388	$1.3M	$913k	LiLighter
RISEx	AERO/USDC	−85.1%	−16.3%	6.8%	33.3%	10.6%	57%	1h	08:00	0.9376	$175k	$1.6M	RxRISEx

Sparklines: hourly funding APR over the last 7 days, zero line dashed.

Long/short pairs

Funding spreads, annualized: short-leg rate minus long-leg rate.
											Flags	Open	Calc
		Spread APR				After taker fees			Quality
Variational	Extended	0.4%	9.0%	6.9%	4.5%	5.6%	8.4%	2.6d	steady	$217k	4h/1hspread not incl.	Va Ex	calc
Variational	MEXCCEX	0.0%	8.7%	6.6%	4.3%	5.6%	8.3%	2.2d	cooling	$2.3M	spread not incl.	Va Mx	calc
Variational	BinanceCEX	0.0%	8.7%	7.5%	4.0%	4.9%	7.3%	4.9d	cooling	$2.3M	spread not incl.	Va Bn	calc
Variational	Hyperliquid	0.0%	8.7%	7.1%	20.1%	4.7%	7.1%	4.6d	cooling	$2.3M	4h/1hspread not incl.	Va Hy	calc
Variational	Lighter	−0.4%	6.4%	8.6%	28.0%	8.6%	12.9%	<0.1d	mixed	$1.3M	4h/1hspread not incl.	Va Li	calc
Variational	GateCEX	0.0%	8.5%	6.9%	3.6%	3.0%	4.5%	7.9d	cooling	$2.3M	spread not incl.	Va Gt	calc
Aster	Lighter	−0.4%	2.1%	7.4%	25.6%	5.3%	7.9%	4.0d	mixed	$132k	4h/1h	As Li	calc
Aster	Extended	0.4%	4.7%	5.7%	2.1%	2.3%	3.4%	8.4d	steady	$132k	4h/1h	As Ex	calc
Aster	MEXCCEX	0.0%	4.4%	5.4%	1.9%	2.2%	3.3%	8.2d	cooling	$132k		As Mx	calc
Aster	Hyperliquid	0.0%	4.4%	5.8%	17.7%	1.4%	2.1%	11d	cooling	$132k	4h/1h	As Hy	calc
Aster	BinanceCEX	0.0%	4.4%	6.1%	2.2%	1.4%	2.1%	11d	cooling	$132k		As Bn	calc
BybitCEX	Lighter	−0.4%	2.0%	5.6%	25.4%	2.7%	4.1%	7.2d	mixed	$1.3M	4h/1h	By Li	calc
RISEx	Lighter	95.6%	24.9%	5.7%	−0.1%	4.2%	6.2%	3.8d	spike ×9.9	$175k		Rx Li	calc
Variational	BitgetCEX	0.0%	1.7%	4.1%	4.0%	1.0%	1.5%	11d	weak	$2.3M	spread not incl.	Va Bg	calc
RISEx	BinanceCEX	96.0%	27.2%	7.4%	−23.8%	3.2%	4.9%	7.9d	spike ×7.6	$175k	1h/4h	Rx Bn	calc
BitgetCEX	Lighter	−0.4%	4.7%	4.5%	24.0%	1.3%	2.0%	9.8d	mixed	$1.3M	4h/1h	Bg Li	calc
Variational	RISEx	−96.0%	−18.5%	2.9%	28.1%	1.3%	2.0%	7.6d	mixed	$175k	4h/1hspread not incl.	Va Rx	calc
MEXCCEX	Lighter	−0.4%	−2.3%	2.0%	23.7%	1.0%	1.4%	7.3d	mixed	$1.3M	4h/1h	Mx Li	calc
RISEx	Extended	96.4%	27.5%	4.0%	−23.6%	1.1%	1.7%	10d	spike ×295.1	$175k		Rx Ex	calc
RISEx	MEXCCEX	96.0%	27.2%	3.7%	−23.8%	1.1%	1.7%	9.8d	spike	$175k	1h/4h	Rx Mx	calc
Extended	Lighter	−0.9%	−2.6%	1.7%	23.5%	0.4%	0.6%	11d	mixed	$217k		Ex Li	calc
Variational	BybitCEX	0.0%	4.4%	3.0%	2.6%	0.1%	0.2%	13d	weak	$2.3M	spread not incl.	Va By	calc
RISEx	Hyperliquid	96.0%	27.2%	4.2%	−8.0%	0.3%	0.4%	13d	spike ×76.6	$175k		Rx Hy	calc
BybitCEX	Extended	0.4%	4.5%	3.9%	1.9%	−0.3%	−0.4%	15d	weak	$217k	4h/1h	By Ex	calc
BybitCEX	MEXCCEX	0.0%	4.3%	3.6%	1.7%	−0.3%	−0.5%	15d	weak	$4.6M		By Mx	calc
Aster	GateCEX	0.0%	4.2%	5.7%	1.2%	−0.3%	−0.5%	15d	cooling	$132k		As Gt	calc
Variational	Aster	0.0%	4.3%	1.2%	2.4%	−0.8%	−1.3%	23d	weak	$132k	spread not incl.	Va As	calc
BybitCEX	Hyperliquid	0.0%	4.3%	4.1%	17.4%	−1.1%	−1.7%	18d	weak	$31.4M	4h/1h	By Hy	calc
BybitCEX	BinanceCEX	0.0%	4.3%	4.1%	1.5%	−1.4%	−2.1%	19d	weak	$31.4M		By Bn	calc
Hyperliquid	Lighter	−0.4%	−2.3%	1.5%	8.0%	−0.8%	−1.2%	22d	mixed	$1.3M		Hy Li	calc
BitgetCEX	Extended	0.4%	7.3%	2.8%	0.5%	−1.7%	−2.5%	23d	weak	$217k	4h/1h	Bg Ex	calc
BitgetCEX	MEXCCEX	0.0%	7.0%	2.5%	0.3%	−1.7%	−2.6%	24d	weak	$4.5M		Bg Mx	calc
MEXCCEX	Extended	0.4%	0.3%	0.3%	0.2%	−2.1%	−3.1%	113d	weak	$217k	4h/1h	Mx Ex	calc
Aster	BitgetCEX	0.0%	−2.6%	2.9%	1.6%	−2.3%	−3.5%	25d	weak	$132k		As Bg	calc
BitgetCEX	Hyperliquid	0.0%	7.0%	2.9%	16.1%	−2.5%	−3.8%	26d	weak	$4.5M	4h/1h	Bg Hy	calc
Lighter	BinanceCEX	0.4%	2.3%	−0.1%	−23.6%	−2.8%	−4.1%	—	weak	$1.3M	1h/4h	Li Bn	calc
BybitCEX	GateCEX	0.0%	4.1%	3.9%	1.0%	−2.9%	−4.3%	24d	weak	$30.9M		By Gt	calc
MEXCCEX	Hyperliquid	0.0%	0.0%	0.5%	15.7%	−2.9%	−4.4%	99d	weak	$4.6M	4h/1h	Mx Hy	calc
BitgetCEX	BinanceCEX	0.0%	7.0%	2.8%	0.2%	−2.9%	−4.4%	29d	weak	$4.5M		Bg Bn	calc
Lighter	Extended	0.9%	2.6%	−1.7%	−23.5%	−3.0%	−4.5%	—	weak	$217k		Li Ex	calc
Lighter	MEXCCEX	0.4%	2.3%	−2.0%	−23.7%	−3.0%	−4.6%	—	weak	$1.3M	1h/4h	Li Mx	calc
Aster	BybitCEX	0.0%	0.1%	1.8%	0.2%	−3.2%	−4.8%	39d	weak	$132k		As By	calc
BinanceCEX	Extended	0.4%	0.3%	0.3%	0.2%	−3.6%	−5.5%	200d	weak	$217k	4h/1h	Bn Ex	calc
BinanceCEX	MEXCCEX	0.0%	0.0%	0.0%	0.0%	−3.6%	−5.5%	>999d	weak	$4.6M		Bn Mx	calc
Hyperliquid	Extended	0.4%	0.3%	−0.2%	−15.5%	−3.8%	−5.8%	—	weak	$217k		Hy Ex	calc
Lighter	Hyperliquid	0.4%	2.3%	−1.5%	−8.0%	−3.9%	−5.8%	—	weak	$1.3M		Li Hy	calc
Aster	RISEx	−96.0%	−22.8%	1.6%	25.7%	−2.0%	−3.0%	31d	mixed	$132k	4h/1h	As Rx	calc
BitgetCEX	GateCEX	0.0%	6.8%	2.8%	−0.4%	−4.3%	−6.4%	36d	weak	$4.5M		Bg Gt	calc
GateCEX	Lighter	−0.4%	−2.1%	1.7%	24.4%	−2.2%	−3.3%	32d	mixed	$1.3M	4h/1h	Gt Li	calc
BinanceCEX	Hyperliquid	0.0%	0.0%	0.5%	16.6%	−4.4%	−6.6%	127d	weak	$38.8M	4h/1h	Bn Hy	calc
MEXCCEX	GateCEX	0.0%	−0.2%	0.3%	−0.7%	−4.7%	−7.0%	238d	weak	$4.6M		Mx Gt	calc
BybitCEX	BitgetCEX	0.0%	−2.7%	1.1%	1.4%	−4.9%	−7.3%	74d	weak	$4.5M		By Bg	calc
BinanceCEX	Lighter	−0.4%	−2.3%	0.1%	23.6%	−2.5%	−3.7%	245d	mixed	$1.3M	4h/1h	Bn Li	calc
GateCEX	Extended	0.4%	0.4%	0.0%	0.9%	−5.2%	−7.8%	—	weak	$217k	4h/1h	Gt Ex	calc
Lighter	GateCEX	0.4%	2.1%	−1.7%	−24.4%	−5.6%	−8.4%	—	weak	$1.3M	1h/4h	Li Gt	calc
RISEx	GateCEX	96.0%	27.1%	4.0%	−24.5%	−1.5%	−2.2%	19d	spike ×162.8	$175k	1h/4h	Rx Gt	calc
GateCEX	Hyperliquid	0.0%	0.2%	0.2%	16.5%	−6.1%	−9.1%	465d	weak	$30.9M	4h/1h	Gt Hy	calc
BinanceCEX	GateCEX	0.0%	−0.2%	0.3%	−0.3%	−6.2%	−9.3%	275d	weak	$30.9M		Bn Gt	calc
Extended	Hyperliquid	−0.4%	−0.3%	0.2%	15.5%	−3.5%	−5.2%	271d	mixed	$217k		Ex Hy	calc
Lighter	BitgetCEX	0.4%	−4.7%	−4.5%	−24.0%	−7.6%	−11.4%	—	weak	$1.3M	1h/4h	Li Bg	calc
Lighter	BybitCEX	0.4%	−2.0%	−5.6%	−25.4%	−8.5%	−12.7%	—	weak	$1.3M	1h/4h	Li By	calc
Lighter	Aster	0.4%	−2.1%	−7.4%	−25.6%	−9.4%	−14.2%	—	weak	$132k	1h/4h	Li As	calc
RISEx	BitgetCEX	96.0%	20.2%	1.3%	−24.1%	−3.4%	−5.2%	52d	spike	$175k	1h/4h	Rx Bg	calc
Lighter	Variational	0.4%	−6.4%	−8.6%	−28.0%	−8.6%	−12.9%	—	mixed	$1.3M	1h/4hspread not incl.	Li Va	calc
RISEx	BybitCEX	96.0%	22.9%	0.1%	−25.5%	−4.3%	−6.5%	546d	spike	$175k	1h/4h	Rx By	calc
RISEx	Variational	96.0%	18.5%	−2.9%	−28.1%	−4.5%	−6.7%	—	spike	$175k	1h/4hspread not incl.	Rx Va	calc
RISEx	Aster	96.0%	22.8%	−1.6%	−25.7%	−5.3%	−7.9%	—	spike	$132k	1h/4h	Rx As	calc

What the columns and badges mean

now: Current funding spread APR: short-leg rate minus long-leg rate, annualized.
24h: Average spread APR over the last 24 hours, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d: Average spread APR over the last 7 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet). Used for ranking and net APR.
30d: Average spread APR over the last 30 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d trend: Spread APR over the last 7 days in 6-hour averages; the dashed line is zero.
Net APR: 7d spread APR minus taker fees to open and close both legs, spread over the holding period: net = spread7d − fees × 365 / days. Per unit of notional per leg.
On capital: Net APR on the capital posted for both legs at this leverage: net × leverage / 2.
Breakeven: Days of 7d-average funding needed to pay back open+close taker fees.
Min OI: Smaller open interest of the two legs, USD.
steady: Steady: prior-week spread at least 5% APR, last 24h positive and no spike, positive now. Not negative in X% of hours over 7 days.
spike: The last 24h spread is far above the prior 6-day average (more than 3×, or above 15% APR after a weak prior) — it may not last.
mixed: The spread was negative too often: not negative in only X% of hours over 7 days.
new: Less than 4 days of shared history in the prior week: stability cannot be judged yet.
weak: Prior-week spread under 5% APR: too small to call steady.
cooling: The prior week was solid, but the last 24h or the current spread is not positive.
≠ asset?: Mark prices differ by N bps — these may be different assets under one ticker, or contracts of a different size (e.g. per 1,000 coins). Verify before trading.
stale: At least one leg has not updated for over 30 minutes.
low OI: Open interest under $50k on at least one leg — size carefully.
8h/1h: Funding intervals differ (8h vs 1h): payments are not simultaneous.
TradFi: Tokenized stock, index or commodity: trading sessions and oracle rules may differ.
invite only: Invite-only venue: an account needs an invite code, so it is not selected by default. Tick it in the venue filter to include it.
spread not incl.: A leg trades on quotes with no fee (Variational): the cost is the market maker's quote spread, which we cannot see, so the net APR is before it. Compare the quote with the mark price before you trade.
CEX: Centralized exchange: trading needs an account with identity verification (KYC).

Prices now

Buy on the row's venue at its ask, sell on the column's venue at its bid; spread before fees.

Indicative · marks from 2026-10-12 07:25 UTC

Live quotes are unavailable right now (last update: never). Shown instead: indicative spreads between mark prices from the funding snapshot. Marks are taken minutes apart and are not prices you can trade at.

Indicative (mark or mid prices): buy on Variational at 0.936855, sell on Hyperliquid at 0.94001: 0.336% before fees, 0.246% after taker fees.

AERO: spread buying on the row's venue and selling on the column's venue
Buy ↓ · Sell →	Hyperliquid0.94001	Aster0.939662	Lighter0.93879	MEXC0.9383	Bybit0.938	Binance0.93759	RISEx0.937576	Gate0.9375	Extended0.937439	Bitget0.9374	Variational0.936855
Variational0.936855	0.336%	0.299%	0.206%	0.154%	0.122%	0.078%	0.077%	0.069%	0.062%	0.058%	—
Bitget0.9374	0.278%	0.241%	0.148%	0.096%	0.064%	0.020%	0.019%	0.011%	0.004%	—	−0.058%
Extended0.937439	0.274%	0.237%	0.144%	0.092%	0.060%	0.016%	0.015%	0.007%	—	−0.004%	−0.062%
Gate0.9375	0.267%	0.230%	0.138%	0.085%	0.053%	0.010%	0.008%	—	−0.007%	−0.011%	−0.069%
RISEx0.937576	0.259%	0.222%	0.129%	0.077%	0.045%	0.001%	—	−0.008%	−0.015%	−0.019%	−0.077%
Binance0.93759	0.258%	0.221%	0.128%	0.076%	0.044%	—	−0.001%	−0.010%	−0.016%	−0.020%	−0.078%
Bybit0.938	0.214%	0.177%	0.084%	0.032%	—	−0.044%	−0.045%	−0.053%	−0.060%	−0.064%	−0.122%
MEXC0.9383	0.182%	0.145%	0.052%	—	−0.032%	−0.076%	−0.077%	−0.085%	−0.092%	−0.096%	−0.154%
Lighter0.93879	0.130%	0.093%	—	−0.052%	−0.084%	−0.128%	−0.129%	−0.138%	−0.144%	−0.148%	−0.206%
Aster0.939662	0.037%	—	−0.093%	−0.145%	−0.177%	−0.221%	−0.222%	−0.230%	−0.237%	−0.241%	−0.299%
Hyperliquid0.94001	—	−0.037%	−0.130%	−0.182%	−0.214%	−0.258%	−0.259%	−0.267%	−0.274%	−0.278%	−0.336%

All quotes (11)

Venue	Bid	Ask	Quality	Age	Vol 24h	Flags
Aster	0.939662	0.939662	mark	3m	$140k	no FX
BinanceCEX	0.93759	0.93759	mark	8m	$45.1M	no FX
BitgetCEX	0.9374	0.9374	mark	8m	$2.6M	no FX
BybitCEX	0.938	0.938	mark	8m	$16.2M	no FX
Extended	0.937439	0.937439	mark	3m	$1.6M
GateCEX	0.9375	0.9375	mark	8m	$1.7M	no FX
Hyperliquid	0.94001	0.94001	mark	3m	$8.5M
Lighter	0.93879	0.93879	mark	3m	$913k
MEXCCEX	0.9383	0.9383	mark	3m	$5.4M	no FX
RISEx	0.937576	0.937576	mark	3m	$1.6M
Variational	0.936855	0.936855	mark	3m	$1.8M

All spreads → · Hatched cells use a mark or mid price, a flagged venue or one outside the default selection.

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