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: KuCoin against BloFin+0.272%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$910.912% of the position
Funding, last 7 days−0.162%−$16 on $10k
+Price spread, last 3 days (all we have)−0.403%−$40 · spread now +0.272%, 7d avg +0.027%
=The price spread pays, funding is against you. KuCoin is 0.245% dearer against BloFin than usual: you sell high and buy low (spread +0.272% now, against its 7-day average of +0.027%): +$24 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 3.4 days. At the pace of the last 7 days (−0.162% in total) that is about 11 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.162% in total (about -8.4% 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 | 0.6989 | 0.0340 | pay 0.0170% / 4h | 22m 46s | $941K | $726K | 25x |
| Short | KuCoin AEROUSDTM | 0.7008 | 0.0100 | get 0.0050% / 4h | 22m 46s | $2.2M | $940K | 50x |
BloFin AERO-USDT
KuCoin AEROUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +0.272% → +0.027%
- $24.49
- Slippage, 4 orders
- −$67.24
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$117.16
- Costs to cover
- 0.912%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 54 min ago; KuCoin: 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 BloFin live order book, 54 min ago | 0.73 bp | 11.6 bp −$12 | 24.5 bp −$245 | 73.0 bp −$7,301 | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 5.70 bp | 31.7 bp −$32 | 292.5 bp −$2,925 | doesn't fit | 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 | 0.7007 | +0.258% | $56K | $11K | 10x | as long as short |
| Injective AERO/USDC PERP | +0.0033% | 1h | 0.6902 | −1.245% | $4 | $209K | 5.5x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.7012 | +0.327% | $41K | $114K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.7010 | +0.302% | $26.4M | $26.6M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.7011 | +0.315% | $22.7M | $21.8M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.7017 | +0.401% | $2.3M | $7.1M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.7005 | +0.229% | $1.6M | $537K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.7010 | +0.300% | $8.4M | $1.7M | 100x | as long as short |
| KuCoin AEROUSDTMshort | +0.0100% | 4h | 0.7008 | +0.272% | $2.2M | $940K | 50x | |
| Bitget AEROUSDT | +0.0100% | 4h | 0.7007 | +0.258% | $4.1M | $2.2M | 75x | as long as short |
Deribit AERO_USDC-PERPETUAL
Injective AERO/USDC PERP
Aster AEROUSDT
Binance AEROUSDT
Bybit AEROUSDT
OKX AERO-USDT-SWAP
Gate AERO_USDT
MEXC AERO_USDT
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 | 0.7009 | +0.286% | — | $1.8M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.7019 | +0.425% | $2.1M | $1.8M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.7005 | +0.232% | $217K | $1.3M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.7006 | +0.247% | $47K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6996 | +0.107% | $20K | $4K | 15x | as long as short |
| BloFin AERO-USDTlong | +0.0340% | 4h | 0.6989 | long leg | $941K | $726K | 25x | |
| GMX AERO/USD [ETH-USDC] | L +0.0512% / S −0.0250% | 1h | 0.7005 | +0.225% | $90K | — | 100x | as long as short |
| Coinbase International AERO-PERP-INTX | +0.0520% | 1h | 0.6700 | −4.135% | $89K | $32K | 25x | as long as short |
| RISEx AERO/USDC | +0.0563% | 1h | 0.6992 | +0.040% | $212K | $405K | 3x | as long as short |
| Hyperliquid AERO | +0.0609% | 1h | 0.7019 | +0.431% | $23.6M | $5.4M | 3x | as long as short |
| 01 Exchange AEROUSD | +0.0656% | 1h | 0.6999 | +0.140% | $190 | $111 | 3x | as long as short |
| Backpack AERO_USDC_PERP | +0.0951% | 1h | 0.7016 | +0.386% | $104K | $317K | 15x | as long as short |
| Lighter AERO | +0.1816% | 1h | 0.7030 | +0.581% | $1.3M | $461K | 3x | as long as short |
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Reya AERORUSDPERP
GMX AERO/USD [ETH-USDC]
Coinbase International AERO-PERP-INTX
RISEx AERO/USDC
Hyperliquid AERO
01 Exchange AEROUSD
Backpack AERO_USDC_PERP
Lighter AERO