Funding you earn now, next payment 01:00 UTC−0.0065%/8h= −7.1% APRpaid last 24h −0.048%
Price spread now: Deribit against Binance−0.025%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Deribit is 0.025% cheaper against Binance than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AEROUSDT | 0.7010 | 0.0100 | pay 0.0050% / 4h | 3h 13m | $26.7M | $26.0M | 75x |
| Short | Deribit AERO_USDC-PERPETUAL | 0.7008 | 0.0035 | get 0.0004% / 1h | 13m 15s | $56K | $11K | 10x |
Binance AEROUSDT
Deribit AERO_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$13.65
- Price spread: −0.025% → 0.000%
- −$2.47
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$33.12
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 13 min ago; Deribit: no order-book sample. Net counts fees only.
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, 13 min ago | 0.71 bp | 10.0 bp −$10 | 24.5 bp −$245 | 423.3 bp −$42.3K | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AERO/USDC PERP | +0.0033% | 1h | 0.6902 | −1.537% | $4 | $209K | 5.5x | as long as short |
| Deribit AERO_USDC-PERPETUALshort | +0.0035% | 1h | 0.7008 | −0.025% | $56K | $11K | 10x | |
| Aster AEROUSDT | +0.0100% | 4h | 0.7010 | +0.004% | $42K | $113K | 10x | as long as short |
| Binance AEROUSDTlong | +0.0100% | 4h | 0.7010 | long leg | $26.7M | $26.0M | 75x | |
| Bybit AEROUSDT | +0.0100% | 4h | 0.7009 | −0.010% | $22.7M | $20.4M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.7014 | +0.061% | $2.3M | $6.9M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.7009 | −0.010% | $1.6M | $495K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.7007 | −0.039% | $8.4M | $1.7M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.7012 | +0.032% | $2.2M | $933K | 50x | as long as short |
| Bitget AEROUSDT | +0.0100% | 4h | 0.7005 | −0.067% | $4.1M | $2.1M | 75x | as long as short |
Injective AERO/USDC PERP
Aster 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 | 0.7007 | −0.039% | — | $1.8M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6985 | −0.354% | $2.0M | $1.7M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.7011 | +0.014% | $218K | $2.0M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.7007 | −0.042% | $47K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.7006 | −0.054% | $20K | $4K | 15x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.7000 | −0.139% | $950K | $701K | 25x | as long as short |
| 01 Exchange AEROUSD | +0.0448% | 1h | 0.7012 | +0.032% | $190 | $111 | 3x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0512% / S −0.0240% | 1h | 0.7004 | −0.082% | $92K | — | 100x | as long as short |
| RISEx AERO/USDC | +0.0687% | 1h | 0.7007 | −0.039% | $226K | $397K | 3x | as long as short |
| Hyperliquid AERO | +0.0878% | 1h | 0.7022 | +0.168% | $23.7M | $5.0M | 3x | as long as short |
| Backpack AERO_USDC_PERP | +0.1409% | 1h | 0.7025 | +0.219% | $135K | $298K | 15x | as long as short |
| Lighter AERO | +0.1640% | 1h | 0.7027 | +0.251% | $1.3M | $463K | 3x | as long as short |
| Coinbase International AERO-PERP-INTX | +0.3896% | 1h | 0.6988 | −0.310% | $92K | $35K | 25x | as long as short |
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Reya AERORUSDPERP
BloFin AERO-USDT
01 Exchange AEROUSD
GMX AERO/USD [ETH-USDC]
RISEx AERO/USDC
Hyperliquid AERO
Backpack AERO_USDC_PERP
Lighter AERO
Coinbase International AERO-PERP-INTX