Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.6019 | spot | no funding | — | — | $1.6M | 1x | Buy Bybit Spot | |
| SHORT | 0.5969 | +0.0100 | get 0.0050% / 4h | 3h 45m | $11.5M | $11.9M | 25x | Short Bybit |
Price gap−0.839%
Funding gap+0.0100% /8h
Funding pays +$3 a day on $10k, but the gap is 0.475% under its 7d average: −$47 if it goes back, about 16 days of funding. At the last 7 days' pace that is about 7 months.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$2+0.0100% /8h now · paid +0.016% over the last 7D
Price−$47spread −0.839% now, avg −0.364% → −0.475% if it goes back
Costs−$1431.427% of $10k · taker + slippage, in and out
Result−$189−1.89%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.839%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hAERO on 25 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Watch: Thin at this size35.7 / 13.5 bpAt $10k entering Bybit Spot costs 35.7 bp, fee and slippage, 2.6× Bybit’s.
- Note: Spot in full, margin on the short$10,000 + $400The spot leg is bought with the whole $10k; Bybit runs at up to 25x. Only the short can be liquidated, when the price rises, while the spot leg's gain is not yet realised: keep about 2× the margin on Bybit.
- OK: Only the short pays funding— / 4hThe spot leg pays no funding; Bybit settles every 4h.Next 24h at the current rates, on $10k a leg: +$3.00Long Bybit Spot: 0 payments, $0.00; short Bybit: 6 payments, +$3.00.
- Watch: Gap narrower than usual−0.839% vs −0.364%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Note: Spot has no open interest$11.5M OIOnly Bybit reports one; the spot book's depth is in the cost check above.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBybit Spot Yes · Bybit YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0007%/8h × 21 periods+$1.56
Price spread−0.839% → −0.364% (7d avg)−$47.48
Slippage, 4 orderslive order books−$111.68
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$188.60
Costs to cover1.427%Break-even852.3 days
Slippage: Bybit Spot: live order book, 15 min ago; Bybit: live order book, just nowCost to enter
taker + slippage from mid, one sideBUY · LONGBybit Spot5.9035.7 bp−$36doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBybit1.6713.5 bp−$1430.4 bp−$304doesn’t fitdoesn’t fit
Closing costs about the same again.
AERO news
posts that mention AERO, from every exchange| 10-28 14:53 | Phoenix | Listing | Now live on Phoenix: $AERO Aerodrome @aeroxyz is an AMM on Base. Users lock AERO to vote on where emissions go and earn the protocol's trading fees. @PhoenixTrade on X ↗ |
| 10-28 02:23 | BloFin | Other | BloFin will support the token merge of Velodrome Finance (VELODROME) into Aerodrome (AERO) and the AERO contract swap. Details: @BloFin_Official on X ↗ |
| 10-27 20:04 | Phoenix | Listing | new market AERO ($AERO) seen by our collector |
| 10-26 07:15 | AZverse | Listing | new market aero_usdt ($AERO) seen by our collector |
| 10-17 12:16 | Binance | Other | Binance will support the Velodrome Finance (VELODROME) Token Merge to Aerodrome (AERO) and the AERO Contract Swap. 👉 @binance on X ↗ |
| 10-07 04:29 | Paradex | Listing | new market AERO-USD-PERP ($AERO) seen by our collector |

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