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

AERO

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0240%/8h= −26.3% APRnext payment $1.20 per $10,000 · paid last 24h −0.015%
Price spread now: Aster against BloFin−0.050%92s7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$640.645% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.070%−$7 on $10k
Price spread, last 3 days (all we have)−0.124%−$12 · spread now −0.050%, 7d avg +0.033%
Together, before fees−0.194%+ Points / potential airdropAster: Stage 5 · farm board−$19 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Aster is 0.083% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.033%). Swap the legs. The two prices were read 92 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.070% in total (about -4.9% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin AERO-USDT0.68760.0340pay 0.0170% / 4h2h 35m$912K$703K25x
ShortAster AEROUSDT0.68730.0100get 0.0050% / 4h2h 35m$38K$108K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BloFin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
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: −0.050% → +0.033%
−$8.33
Slippage, 4 orders
−$44.5
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$123.22
Costs to cover
0.645%
Break-even
never at this rate
Slippage from BloFin: live order book, 51 min ago; Aster: live order book, 50 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 51 min ago2.89 bp11.3 bp −$1120.3 bp −$20356.3 bp −$5,631doesn't fit
Sell Aster live order book, 50 min ago3.62 bp24.7 bp −$25doesn't fitdoesn't fitdoesn't fit

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%1h0.6867−0.131%$55K$11K10xas long as short
Injective AERO/USDC PERP+0.0052%1h0.6891+0.218%$4$166K5.5xas long as short
Hyperliquid AERO+0.0100%1h0.6868−0.121%$23.1M$5.7M3xas long as short
Aster AEROUSDTshort+0.0100%4h0.6873−0.050%$38K$108K10x
Binance AEROUSDT+0.0100%4h0.6866−0.141%$25.4M$25.6M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6868−0.116%$21.8M$20.5M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6871−0.073%$2.3M$6.8M20xas long as short
Gate AERO_USDT+0.0100%4h0.6864−0.175%$1.6M$562K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6866−0.145%$8.1M$1.6M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6861−0.218%$2.2M$860K50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AEROUSDT+0.0100%4h0.6866−0.145%$4.1M$2.2M75xas long as short
BingX AERO-USDT+0.0100%4h0.6868−0.116%$1.8Mas long as short
Variational Omni AERO+0.0100%4h0.6863−0.189%$1.8M$1.6Mas long as short
Extended AERO-USD+0.0104%1h0.6864−0.167%$201K$1.3M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6866−0.146%$46K3xas long as short
01 Exchange AEROUSD+0.0208%1h0.6871−0.068%$186$1153xas long as short
Reya AERORUSDPERP+0.0228%1h0.6866−0.141%$19K$4K15xas long as short
BloFin AERO-USDTlong+0.0340%4h0.6876long leg$912K$703K25x
Backpack AERO_USDC_PERP+0.0445%1h0.6872−0.060%$101K$313K15xas long as short
GMX AERO/USD [ETH-USDC]L +0.0502% / S −0.0229%1h0.6866−0.146%$91K100xas long as short
RISEx AERO/USDC+0.0530%1h0.6872−0.063%$221K$374K3xas long as short
Lighter AERO+0.0816%1h0.6885+0.128%$1.3M$492K3xas long as short
Coinbase International AERO-PERP-INTX+0.1488%1h0.6869−0.102%$91K$18K25xas long as short