Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.029%
Price spread now: BloFin against Binance+0.109%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$510.509% of the position
Funding, last 7 days+0.124%+$12 on $10k
+Price spread, last 4 days (all we have)+0.623%+$62 · spread now +0.109%, 7d avg −0.020%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.129% dearer against Binance than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.020%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.124% in total (about 6.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AEROUSDT | 0.6882 | 0.0100 | pay 0.0050% / 4h | 1h 38m | $26.1M | $25.2M | 75x |
| Short | BloFin AERO-USDT | 0.6889 | 0.0340 | get 0.0170% / 4h | 1h 38m | $941K | $632K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- $50.4
- Price spread: +0.109% → −0.020%
- $12.85
- Slippage, 4 orders
- −$28.94
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $12.31
- Costs to cover
- 0.509%
- Break-even
- 5.3 days
Slippage from Binance: live order book, 3 min ago; BloFin: live order book, 4 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 Binance live order book, 3 min ago | 0.72 bp | 13.2 bp −$13 | 27.0 bp −$270 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 2.90 bp | 9.3 bp −$9 | 20.4 bp −$204 | 110.6 bp −$11.1K | 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 | 0.0000% | 1h | 0.6877 | −0.066% | $55K | $11K | 10x | as long as short |
| Injective AERO/USDC PERP | +0.0033% | 1h | 0.6902 | +0.298% | $4 | $209K | 5.5x | as long as short |
| Hyperliquid AERO | +0.0100% | 1h | 0.6890 | +0.120% | $23.1M | $5.1M | 3x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6885 | +0.052% | $39K | $117K | 10x | as long as short |
| Binance AEROUSDTlong | +0.0100% | 4h | 0.6882 | long leg | $26.1M | $25.2M | 75x | |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6880 | −0.022% | $22.4M | $19.0M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6884 | +0.036% | $2.3M | $6.5M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6885 | +0.051% | $1.6M | $481K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6881 | −0.008% | $8.2M | $1.6M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6888 | +0.094% | $2.1M | $938K | 50x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AEROUSDT | +0.0100% | 4h | 0.6883 | +0.022% | $4.0M | $1.9M | 75x | as long as short |
| BingX AERO-USDT | +0.0100% | 4h | 0.6885 | +0.051% | — | $1.7M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6891 | +0.140% | $2.0M | $1.3M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6881 | −0.010% | $206K | $2.0M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6883 | +0.023% | $46K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6885 | +0.044% | $19K | $4K | 15x | as long as short |
| BloFin AERO-USDTshort | +0.0340% | 4h | 0.6889 | +0.109% | $941K | $632K | 25x | |
| 01 Exchange AEROUSD | +0.0408% | 1h | 0.6887 | +0.074% | $187 | $101 | 3x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0506% / S −0.0237% | 1h | 0.6878 | −0.050% | $90K | — | 100x | as long as short |
| RISEx AERO/USDC | +0.0540% | 1h | 0.6882 | +0.003% | $208K | $405K | 3x | as long as short |
| Backpack AERO_USDC_PERP | +0.1058% | 1h | 0.6887 | +0.084% | $113K | $294K | 15x | as long as short |
| Lighter AERO | +0.1232% | 1h | 0.6894 | +0.180% | $1.3M | $498K | 3x | as long as short |
| Coinbase International AERO-PERP-INTX | +1.0840% | 1h | 0.6899 | +0.254% | $90K | $36K | 25x | as long as short |
Binance AEROUSDT
BloFin AERO-USDT
Deribit AERO_USDC-PERPETUAL
Injective AERO/USDC PERP
Hyperliquid AERO
Aster 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
01 Exchange AEROUSD
GMX AERO/USD [ETH-USDC]
RISEx AERO/USDC
Backpack AERO_USDC_PERP
Lighter AERO
Coinbase International AERO-PERP-INTX