Funding you earn now, next payment 12:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.063%
Price spread now: MEXC against BloFin+0.072%109s7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as 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−$460.463% of the position
Funding, last 7 days−0.132%−$13 on $10k
+Price spread, last 4 days (all we have)−0.834%−$83 · spread now +0.072%, 7d avg +0.027%
=The price spread pays, funding is against you. MEXC is 0.045% dearer against BloFin than usual: you sell high and buy low (spread +0.072% now, against its 7-day average of +0.027%): +$5 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 15 hours. At the pace of the last 7 days (−0.132% in total) that is about 2.4 days. The two prices were read 109 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 -0.132% in total (about -6.9% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin AERO-USDT | 0.6922 | 0.0340 | pay 0.0170% / 4h | 3h 45m | $944K | $573K | 25x |
| Short | MEXC AERO_USDT | 0.6927 | 0.0100 | get 0.0050% / 4h | 3h 45m | $8.5M | $1.4M | 100x |
BloFin AERO-USDT
MEXC AERO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.072% → +0.027%
- $4.55
- Slippage, 4 orders
- −$26.33
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$92.19
- Costs to cover
- 0.463%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 32 min ago; MEXC: live order book, 2 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, 32 min ago | 2.90 bp | 10.1 bp −$10 | 22.8 bp −$228 | 111.8 bp −$11.2K | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.72 bp | 10.6 bp −$11 | 42.1 bp −$421 | 130.4 bp −$13.0K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International AERO-PERP-INTX | −0.0280% | 1h | 0.6935 | +0.188% | $88K | $39K | 25x | as long as short |
| Injective AERO/USDC PERP | +0.0033% | 1h | 0.6902 | −0.289% | $4 | $209K | 5.5x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6929 | +0.107% | $42K | $127K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6928 | +0.087% | $26.1M | $25.0M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6921 | −0.014% | $22.6M | $18.0M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6930 | +0.116% | $2.3M | $5.9M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6921 | −0.014% | $1.6M | $466K | 75x | as long as short |
| MEXC AERO_USDTshort | +0.0100% | 4h | 0.6927 | +0.072% | $8.5M | $1.4M | 100x | |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6929 | +0.101% | $2.0M | $1.1M | 50x | as long as short |
| Bitget AEROUSDT | +0.0100% | 4h | 0.6923 | +0.014% | $4.1M | $1.9M | 75x | as long as short |
Coinbase International AERO-PERP-INTX
Injective AERO/USDC PERP
Aster AEROUSDT
Binance AEROUSDT
Bybit AEROUSDT
OKX AERO-USDT-SWAP
Gate 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 | 0.6923 | +0.014% | — | $1.8M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6918 | −0.053% | $2.0M | $1.2M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6923 | +0.011% | $210K | $1.4M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6919 | −0.036% | $46K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6924 | +0.035% | $19K | $4K | 15x | as long as short |
| BloFin AERO-USDTlong | +0.0340% | 4h | 0.6922 | long leg | $944K | $573K | 25x | |
| RISEx AERO/USDC | +0.0503% | 1h | 0.6926 | +0.062% | $223K | $559K | 3x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0519% / S −0.0255% | 1h | 0.6916 | −0.080% | $90K | — | 100x | as long as short |
| Deribit AERO_USDC-PERPETUAL | +0.0618% | 1h | 0.6922 | 0.000% | $55K | $11K | 10x | as long as short |
| 01 Exchange AEROUSD | +0.0760% | 1h | 0.6942 | +0.282% | $188 | $101 | 3x | as long as short |
| Backpack AERO_USDC_PERP | +0.0817% | 1h | 0.6927 | +0.078% | $96K | $262K | 15x | as long as short |
| Hyperliquid AERO | +0.0918% | 1h | 0.6937 | +0.218% | $22.9M | $5.4M | 3x | as long as short |
| Lighter AERO | +0.1528% | 1h | 0.6938 | +0.231% | $1.3M | $386K | 3x | as long as short |
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Reya AERORUSDPERP
RISEx AERO/USDC
GMX AERO/USD [ETH-USDC]
Deribit AERO_USDC-PERPETUAL
01 Exchange AEROUSD
Backpack AERO_USDC_PERP
Hyperliquid AERO
Lighter AERO