Funding you earn now, next payment 08:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.053%
Price spread now: OKX against BloFin+0.453%63s7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as 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−$550.553% of the position
Funding, last 7 days−0.120%−$12 on $10k
+Price spread, last 4 days (all we have)−0.625%−$62 · spread now +0.453%, 7d avg +0.044%
=The price spread pays, funding is against you. OKX is 0.410% dearer against BloFin than usual: you sell high and buy low (spread +0.453% now, against its 7-day average of +0.044%): +$41 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 5.7 days. At the pace of the last 7 days (−0.120% in total) that is about 24 days. The two prices were read 63 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 -0.120% 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 | 0.6839 | 0.0340 | pay 0.0170% / 4h | 2h 12m | $922K | $594K | 25x |
| Short | OKX AERO-USDT-SWAP | 0.6870 | 0.0100 | get 0.0050% / 4h | 2h 12m | $2.3M | $5.9M | 20x |
BloFin AERO-USDT
OKX AERO-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.453% → +0.044%
- $40.97
- Slippage, 4 orders
- −$33.31
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$64.74
- Costs to cover
- 0.553%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 15 min ago; OKX: live order book, 1 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, 15 min ago | 5.16 bp | 13.2 bp −$13 | 23.1 bp −$231 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 0.73 bp | 15.8 bp −$16 | 46.0 bp −$460 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AERO/USDC PERP | +0.0033% | 1h | 0.6902 | +0.921% | $4 | $209K | 5.5x | as long as short |
| Hyperliquid AERO | +0.0100% | 1h | 0.6873 | +0.499% | $22.7M | $5.3M | 3x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6864 | +0.371% | $41K | $124K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6872 | +0.483% | $25.9M | $25.1M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6867 | +0.409% | $22.4M | $18.2M | 25x | as long as short |
| OKX AERO-USDT-SWAPshort | +0.0100% | 4h | 0.6870 | +0.453% | $2.3M | $5.9M | 20x | |
| Gate AERO_USDT | +0.0100% | 4h | 0.6861 | +0.322% | $1.6M | $475K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6872 | +0.483% | $8.4M | $1.6M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6867 | +0.409% | $2.0M | $1.1M | 50x | as long as short |
| Bitget AEROUSDT | +0.0100% | 4h | 0.6866 | +0.395% | $4.0M | $1.8M | 75x | as long as short |
Injective AERO/USDC PERP
Hyperliquid AERO
Aster AEROUSDT
Binance AEROUSDT
Bybit AEROUSDT
Gate AERO_USDT
MEXC 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 | 0.6868 | +0.424% | — | $1.8M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6846 | +0.100% | $1.9M | $1.2M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6868 | +0.422% | $202K | $1.4M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6867 | +0.413% | $46K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6869 | +0.437% | $19K | $4K | 15x | as long as short |
| BloFin AERO-USDTlong | +0.0340% | 4h | 0.6839 | long leg | $922K | $594K | 25x | |
| 01 Exchange AEROUSD | +0.0368% | 1h | 0.6875 | +0.525% | $186 | $101 | 3x | as long as short |
| RISEx AERO/USDC | +0.0382% | 1h | 0.6867 | +0.414% | $208K | $494K | 3x | as long as short |
| Backpack AERO_USDC_PERP | +0.0475% | 1h | 0.6876 | +0.538% | $94K | $260K | 15x | as long as short |
| Deribit AERO_USDC-PERPETUAL | +0.0478% | 1h | 0.6871 | +0.468% | $55K | $11K | 10x | as long as short |
| Lighter AERO | +0.0504% | 1h | 0.6880 | +0.602% | $1.3M | $507K | 3x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0505% / S −0.0246% | 1h | 0.6865 | +0.380% | $88K | — | 100x | as long as short |
| Coinbase International AERO-PERP-INTX | +0.1984% | 1h | 0.6879 | +0.585% | $89K | $35K | 25x | as long as short |
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Reya AERORUSDPERP
01 Exchange AEROUSD
RISEx AERO/USDC
Backpack AERO_USDC_PERP
Deribit AERO_USDC-PERPETUAL
Lighter AERO
GMX AERO/USD [ETH-USDC]
Coinbase International AERO-PERP-INTX