Funding you earn now, next payment 05:00 UTC+0.1092%/8h= +119.6% APRpaid last 24h −0.050%
Price spread now: Deribit against Bybit+0.101%45s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$33 a day on $10k at the current rate, and Deribit is 0.101% dearer against Bybit than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AEROUSDT | 0.6936 | 0.0100 | pay 0.0050% / 4h | 3h 58m | $22.5M | $18.1M | 25x |
| Short | Deribit AERO_USDC-PERPETUAL | 0.6943 | 0.1192 | get 0.0149% / 1h | 58m 40s | $55K | $11K | 10x |
Bybit AEROUSDT
Deribit AERO_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Bybit. 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
- $229.32
- Price spread: +0.101% → 0.000%
- $10.09
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $221.41
- Costs to cover
- 0.180%
- Break-even
- 0.2 days
Slippage unknown: Bybit: live order book, 5 min ago; Deribit: no order-book sample. Net counts fees only.
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, 5 min ago | 1.44 bp | 14.9 bp −$15 | 35.2 bp −$352 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.490% | $4 | $209K | 5.5x | as long as short |
| Hyperliquid AERO | +0.0100% | 1h | 0.6940 | +0.065% | $23.2M | $5.1M | 3x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6936 | +0.002% | $40K | $118K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6939 | +0.043% | $26.4M | $24.8M | 75x | as long as short |
| Bybit AEROUSDTlong | +0.0100% | 4h | 0.6936 | long leg | $22.5M | $18.1M | 25x | |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6942 | +0.087% | $2.3M | $5.9M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6934 | −0.029% | $1.6M | $461K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6939 | +0.043% | $8.3M | $1.5M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6936 | 0.000% | $2.1M | $926K | 50x | as long as short |
| Bitget AEROUSDT | +0.0100% | 4h | 0.6934 | −0.029% | $4.1M | $1.8M | 75x | as long as short |
Injective AERO/USDC PERP
Hyperliquid AERO
Aster AEROUSDT
Binance AEROUSDT
OKX AERO-USDT-SWAP
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 | 0.6942 | +0.087% | — | $1.7M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6936 | +0.004% | $2.0M | $1.2M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6938 | +0.023% | $211K | $2.0M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6935 | −0.007% | $47K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6938 | +0.027% | $19K | $4K | 15x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6941 | +0.072% | $950K | $576K | 25x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0508% / S −0.0237% | 1h | 0.6933 | −0.037% | $90K | — | 100x | as long as short |
| RISEx AERO/USDC | +0.0658% | 1h | 0.6938 | +0.030% | $222K | $450K | 3x | as long as short |
| 01 Exchange AEROUSD | +0.0776% | 1h | 0.6945 | +0.124% | $188 | $101 | 3x | as long as short |
| Lighter AERO | +0.1048% | 1h | 0.6953 | +0.249% | $1.3M | $487K | 3x | as long as short |
| Backpack AERO_USDC_PERP | +0.1068% | 1h | 0.6943 | +0.097% | $115K | $289K | 15x | as long as short |
| Deribit AERO_USDC-PERPETUALshort | +0.1192% | 1h | 0.6943 | +0.101% | $55K | $11K | 10x | |
| Coinbase International AERO-PERP-INTX | +0.3376% | 1h | 0.7415 | +6.906% | $97K | $37K | 25x | as long as short |
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Reya AERORUSDPERP
BloFin AERO-USDT
GMX AERO/USD [ETH-USDC]
RISEx AERO/USDC
01 Exchange AEROUSD
Lighter AERO
Backpack AERO_USDC_PERP
Coinbase International AERO-PERP-INTX