Funding you earn now, next payment 23:00 UTC−0.0439%/8h= −48.1% APRpaid last 24h −0.062%
Price spread now: Aster against Backpack−0.123%55s7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$550.546% of the position
Funding, last 5 days (all we have)−0.278%−$28 on $10k
+Price spread, last 4 days (all we have)+0.077%+$8 · spread now −0.123%, 7d avg −0.009%
=Together, before fees−0.201%+ Points / potential airdropAster: Stage 5 · farm board−$20 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Aster is 0.113% cheaper against Backpack than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.009%). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack AERO_USDC_PERP | 0.6910 | 0.0539 | pay 0.0067% / 1h | 39m 18s | $102K | $314K | 15x |
| Short | Aster AEROUSDT | 0.6902 | 0.0100 | get 0.0050% / 4h | 1h 39m | $39K | $110K | 10x |
Backpack AERO_USDC_PERP
Aster AEROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Backpack. 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
- −$92.16
- Price spread: −0.123% → −0.009%
- −$11.33
- Slippage, 4 orders
- −$36.6
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$158.1
- Costs to cover
- 0.546%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 44 min ago; Aster: live order book, 41 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 Backpack live order book, 44 min ago | 0.07 bp | 6.5 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 41 min ago | 2.17 bp | 24.4 bp −$24 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit AERO_USDC-PERPETUAL | −0.0185% | 1h | 0.6896 | −0.208% | $55K | $11K | 10x | as long as short |
| Hyperliquid AERO | +0.0100% | 1h | 0.6900 | −0.155% | $23.2M | $5.7M | 3x | as long as short |
| Aster AEROUSDTshort | +0.0100% | 4h | 0.6902 | −0.123% | $39K | $110K | 10x | |
| Binance AEROUSDT | +0.0100% | 4h | 0.6898 | −0.179% | $25.5M | $25.6M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6899 | −0.165% | $21.9M | $20.5M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6902 | −0.122% | $2.3M | $6.9M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6901 | −0.136% | $1.6M | $528K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6895 | −0.223% | $8.2M | $1.7M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6902 | −0.122% | $2.1M | $876K | 50x | as long as short |
| Bitget AEROUSDT | +0.0100% | 4h | 0.6899 | −0.165% | $4.1M | $2.2M | 75x | as long as short |
Deribit AERO_USDC-PERPETUAL
Hyperliquid AERO
Binance AEROUSDT
Bybit AEROUSDT
OKX AERO-USDT-SWAP
Gate AERO_USDT
MEXC AERO_USDT
KuCoin AEROUSDTM
Bitget AEROUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX AERO-USDT | +0.0100% | 4h | 0.6899 | −0.165% | — | $1.8M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6908 | −0.032% | $1.9M | $1.6M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6896 | −0.207% | $202K | $1.3M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6900 | −0.157% | $46K | — | 3x | as long as short |
| Injective AERO/USDC PERP | +0.0175% | 1h | 0.6902 | −0.122% | $4 | $209K | 5.5x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6897 | −0.197% | $19K | $4K | 15x | as long as short |
| 01 Exchange AEROUSD | +0.0240% | 1h | 0.6900 | −0.150% | $187 | $115 | 3x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6898 | −0.179% | $911K | $698K | 25x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0502% / S −0.0223% | 1h | 0.6896 | −0.204% | $92K | — | 100x | as long as short |
| Backpack AERO_USDC_PERPlong | +0.0539% | 1h | 0.6910 | long leg | $102K | $314K | 15x | |
| RISEx AERO/USDC | +0.0676% | 1h | 0.6900 | −0.147% | $214K | $375K | 3x | as long as short |
| Coinbase International AERO-PERP-INTX | +0.0736% | 1h | 0.6915 | +0.067% | $92K | $32K | 25x | as long as short |
| Lighter AERO | +0.0936% | 1h | 0.6915 | +0.072% | $1.3M | $464K | 3x | as long as short |
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Injective AERO/USDC PERP
Reya AERORUSDPERP
01 Exchange AEROUSD
BloFin AERO-USDT
GMX AERO/USD [ETH-USDC]
RISEx AERO/USDC
Coinbase International AERO-PERP-INTX
Lighter AERO