Settings8H · net · $10k
Funding arb · Price arb /

AERO

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0048%/8h= −5.2% APRpaid last 24h −0.028%
Price spread now: Injective against BingX+0.349%72s7-day average +0.847% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.117%−$12 on $10k
Price spread, last 3 days (all we have)−5.634%−$563 · spread now +0.349%, 7d avg +0.847%
Together, before fees−5.751%−$575 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Injective is 0.498% cheaper against BingX than usual: you would sell low and buy high (−$50 if the spread goes back to its 7-day average of +0.847%). Swap the legs. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX AERO-USDT0.68670.0100pay 0.0050% / 4h2h 35m$1.8M
ShortInjective AERO/USDC PERP0.68910.0052get 0.0007% / 1h35m 59s$4$166K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against BingX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$9.99
Price spread: +0.349% → +0.847%
−$49.78
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$69.8
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 2 min ago; Injective: 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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 2 min ago2.91 bp15.5 bp −$1625.1 bp −$251281.5 bp −$28.2K730.1 bp −$365.1K
Sell Injective no order-book sample
Injective: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit AERO_USDC-PERPETUAL−0.0041%1h0.68670.000%$55K$11K10xas long as short
Injective AERO/USDC PERPshort+0.0052%1h0.6891+0.349%$4$166K5.5x
Hyperliquid AERO+0.0100%1h0.6868+0.009%$23.1M$5.7M3xas long as short
Aster AEROUSDT+0.0100%4h0.6874+0.102%$38K$108K10xas long as short
Binance AEROUSDT+0.0100%4h0.6866−0.017%$25.4M$25.6M75xas long as short
Bybit AEROUSDT+0.0100%4h0.68670.000%$21.8M$20.5M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.68670.000%$2.3M$6.8M20xas long as short
Gate AERO_USDT+0.0100%4h0.6864−0.044%$1.6M$562K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6865−0.029%$8.1M$1.6M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6861−0.087%$2.2M$860K50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AEROUSDT+0.0100%4h0.6866−0.015%$4.1M$2.2M75xas long as short
BingX AERO-USDTlong+0.0100%4h0.6867long leg$1.8M
Variational Omni AERO+0.0100%4h0.6863−0.058%$1.8M$1.6Mas long as short
Extended AERO-USD+0.0104%1h0.6863−0.051%$201K$1.3M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6866−0.015%$46K3xas long as short
01 Exchange AEROUSD+0.0208%1h0.6871+0.063%$186$1153xas long as short
Reya AERORUSDPERP+0.0228%1h0.6866−0.010%$19K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.6876+0.131%$912K$703K25xas long as short
Backpack AERO_USDC_PERP+0.0445%1h0.6872+0.071%$101K$313K15xas long as short
GMX AERO/USD [ETH-USDC]L +0.0502% / S −0.0229%1h0.6866−0.015%$91K100xas long as short
RISEx AERO/USDC+0.0530%1h0.6872+0.068%$221K$374K3xas long as short
Lighter AERO+0.0824%1h0.6881+0.207%$1.3M$492K3xas long as short
Coinbase International AERO-PERP-INTX+0.1488%1h0.6869+0.029%$91K$18K25xas long as short