AERO

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: BloFin against Bybit+0.014%112s7-day average +0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$32as 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−$470.473% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.156%+$16 on $10k

Price spread, last 3 days (all we have)+0.210%+$21 · spread now +0.014%, 7d avg +0.007%

Together, before fees+0.366%+$37 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate. The two prices were read 112 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 0.156% in total (about 8.1% 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	Bybit AEROUSDT	0.6989	0.0100	pay 0.0050% / 4h	51m 21s	$22.3M	$20.9M	25x
Short	BloFin AERO-USDT	0.6990	0.0340	get 0.0170% / 4h	51m 21s	$920K	$708K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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

Position, each leg$Hold fordaysFee BybitbpFee BloFinbpOrdersPrice spread, now +0.014%Rate

Funding earned: $50.4
Price spread: +0.014% → +0.007%: $0.73
Slippage, 4 orders: −$24.32
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: $3.8
Costs to cover: 0.473%
Break-even: 6.5 days

Slippage from Bybit: live order book, 2 min ago; BloFin: live order book, 26 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 Bybit live order book, 2 min ago	0.71 bp	13.7 bp −$14	27.5 bp −$275	doesn't fit	doesn't fit
Sell BloFin live order book, 26 min ago	0.73 bp	11.8 bp −$12	19.2 bp −$192	84.0 bp −$8,400	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	−1.245%	$4	$209K	5.5x	as long as short
Aster AEROUSDT	+0.0100%	4h	0.6996	+0.094%	$39K	$110K	10x	as long as short
Binance AEROUSDT	+0.0100%	4h	0.6994	+0.076%	$26.2M	$25.8M	75x	as long as short
Bybit AEROUSDTlong	+0.0100%	4h	0.6989	long leg	$22.3M	$20.9M	25x
OKX AERO-USDT-SWAP	+0.0100%	4h	0.6993	+0.057%	$2.3M	$6.9M	20x	as long as short
Gate AERO_USDT	+0.0100%	4h	0.6988	−0.014%	$1.6M	$523K	75x	as long as short
MEXC AERO_USDT	+0.0100%	4h	0.6993	+0.057%	$8.4M	$1.7M	100x	as long as short
KuCoin AEROUSDTM	+0.0100%	4h	0.6996	+0.100%	$2.2M	$918K	50x	as long as short
Bitget AEROUSDT	+0.0100%	4h	0.6988	−0.014%	$4.1M	$2.1M	75x	as long as short
BingX AERO-USDT	+0.0100%	4h	0.6992	+0.043%	—	$1.8M	—	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni AERO	+0.0100%	4h	0.6955	−0.493%	$2.0M	$1.7M	—	as long as short
Extended AERO-USD	+0.0104%	1h	0.6991	+0.031%	$216K	$1.3M	10x	as long as short
Aevo AERO-PERP	+0.0104%	1h	0.6994	+0.071%	$47K	—	3x	as long as short
Deribit AERO_USDC-PERPETUAL	+0.0179%	1h	0.6994	+0.072%	$56K	$11K	10x	as long as short
Reya AERORUSDPERP	+0.0228%	1h	0.6989	+0.005%	$20K	$4K	15x	as long as short
BloFin AERO-USDTshort	+0.0340%	4h	0.6990	+0.014%	$920K	$708K	25x
Hyperliquid AERO	+0.0478%	1h	0.7000	+0.159%	$23.5M	$5.4M	3x	as long as short
GMX AERO/USD [ETH-USDC]	L +0.0510% / S −0.0236%	1h	0.6985	−0.059%	$92K	—	100x	as long as short
Coinbase International AERO-PERP-INTX	+0.0520%	1h	0.6977	−0.172%	$92K	$33K	25x	as long as short
RISEx AERO/USDC	+0.0563%	1h	0.6996	+0.099%	$253K	$385K	3x	as long as short
01 Exchange AEROUSD	+0.0792%	1h	0.7006	+0.249%	$190	$115	3x	as long as short
Backpack AERO_USDC_PERP	+0.1102%	1h	0.7003	+0.196%	$103K	$314K	15x	as long as short
Lighter AERO	+0.1864%	1h	0.7012	+0.329%	$1.3M	$459K	3x	as long as short