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: BingX against BloFin−0.232%66s7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$570.567% of the position
Funding, last 7 days−0.118%−$12 on $10k
+Price spread, last 4 days (all we have)−0.469%−$47 · spread now −0.232%, 7d avg +0.006%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and BingX is 0.238% cheaper against BloFin than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of +0.006%). Swap the legs. The two prices were read 66 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 7 days it paid -0.118% in total (about -6.2% 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 | BloFin AERO-USDT | 0.6889 | 0.0340 | pay 0.0170% / 4h | 1h 38m | $941K | $632K | 25x |
| Short | BingX AERO-USDT | 0.6873 | 0.0100 | get 0.0050% / 4h | 1h 38m | — | $1.7M | — |
BloFin AERO-USDT
BingX AERO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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: −0.232% → +0.006%
- −$23.78
- Slippage, 4 orders
- −$34.73
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$130.91
- Costs to cover
- 0.567%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 4 min ago; BingX: live order book, 9 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 BloFin live order book, 4 min ago | 2.90 bp | 12.3 bp −$12 | 32.2 bp −$322 | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 2.91 bp | 17.5 bp −$17 | 29.0 bp −$290 | 188.9 bp −$18.9K | 727.8 bp −$363.9K |
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 | 0.6874 | −0.218% | $55K | $11K | 10x | as long as short |
| Injective AERO/USDC PERP | +0.0033% | 1h | 0.6902 | +0.189% | $4 | $209K | 5.5x | as long as short |
| Hyperliquid AERO | +0.0100% | 1h | 0.6877 | −0.171% | $23.1M | $5.1M | 3x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6876 | −0.193% | $39K | $117K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6875 | −0.203% | $26.1M | $25.2M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6875 | −0.203% | $22.4M | $19.0M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6876 | −0.189% | $2.3M | $6.5M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6874 | −0.218% | $1.6M | $481K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6873 | −0.232% | $8.2M | $1.6M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6887 | −0.029% | $2.1M | $938K | 50x | as long as short |
Deribit AERO_USDC-PERPETUAL
Injective AERO/USDC PERP
Hyperliquid AERO
Aster AEROUSDT
Binance AEROUSDT
Bybit AEROUSDT
OKX AERO-USDT-SWAP
Gate AERO_USDT
MEXC AERO_USDT
KuCoin AEROUSDTMShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AEROUSDT | +0.0100% | 4h | 0.6871 | −0.261% | $4.0M | $1.9M | 75x | as long as short |
| BingX AERO-USDTshort | +0.0100% | 4h | 0.6873 | −0.232% | — | $1.7M | — | |
| Variational Omni AERO | +0.0100% | 4h | 0.6891 | +0.031% | $2.0M | $1.3M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6876 | −0.191% | $205K | $2.0M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6876 | −0.192% | $46K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6873 | −0.235% | $19K | $4K | 15x | as long as short |
| BloFin AERO-USDTlong | +0.0340% | 4h | 0.6889 | long leg | $941K | $632K | 25x | |
| 01 Exchange AEROUSD | +0.0408% | 1h | 0.6887 | −0.035% | $187 | $101 | 3x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0505% / S −0.0237% | 1h | 0.6873 | −0.235% | $89K | — | 100x | as long as short |
| RISEx AERO/USDC | +0.0540% | 1h | 0.6882 | −0.106% | $208K | $405K | 3x | as long as short |
| Backpack AERO_USDC_PERP | +0.1044% | 1h | 0.6878 | −0.158% | $112K | $294K | 15x | as long as short |
| Lighter AERO | +0.1216% | 1h | 0.6888 | −0.020% | $1.3M | $498K | 3x | as long as short |
| Coinbase International AERO-PERP-INTX | +1.0840% | 1h | 0.6899 | +0.145% | $90K | $36K | 25x | as long as short |
Bitget AEROUSDT
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Reya AERORUSDPERP
01 Exchange AEROUSD
GMX AERO/USD [ETH-USDC]
RISEx AERO/USDC
Backpack AERO_USDC_PERP
Lighter AERO
Coinbase International AERO-PERP-INTX