Funding you earn now, next payment 03:00 UTC−0.6556%/8h= −717.9% APRpaid last 24h −0.686%
Price spread now: OKX against Coinbase International−0.116%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−4.569%−$457 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$197 a day on $10k at the current rate, and OKX is 0.116% cheaper against Coinbase International than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -4.569% in total (about -238.2% a year). A funding rate is set anew for every payment. 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 | Coinbase International AERO-PERP-INTX | 0.6869 | 0.6656 | pay 0.0832% / 1h | 45m 54s | $90K | $36K | 25x |
| Short | OKX AERO-USDT-SWAP | 0.6861 | 0.0100 | get 0.0050% / 4h | 45m 54s | $2.3M | $5.8M | 20x |
Coinbase International AERO-PERP-INTX
OKX AERO-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Coinbase International. 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
- −$1,376.76
- Price spread: −0.116% → 0.000%
- −$11.65
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$1,408.41
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; OKX: live order book, 2 min ago. 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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 2 min ago | 2.18 bp | 12.7 bp −$13 | 36.3 bp −$363 | doesn't fit | doesn't fit |
Coinbase International: 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 | +0.480% | $4 | $209K | 5.5x | as long as short |
| Deribit AERO_USDC-PERPETUAL | +0.0042% | 1h | 0.6860 | −0.131% | $54K | $11K | 10x | as long as short |
| Hyperliquid AERO | +0.0100% | 1h | 0.6860 | −0.127% | $23.1M | $5.1M | 3x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6862 | −0.095% | $39K | $116K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6860 | −0.124% | $26.0M | $24.9M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6858 | −0.160% | $22.3M | $18.3M | 25x | as long as short |
| OKX AERO-USDT-SWAPshort | +0.0100% | 4h | 0.6861 | −0.116% | $2.3M | $5.8M | 20x | |
| Gate AERO_USDT | +0.0100% | 4h | 0.6856 | −0.189% | $1.6M | $458K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6859 | −0.146% | $8.2M | $1.5M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6863 | −0.087% | $2.1M | $928K | 50x | as long as short |
Injective AERO/USDC PERP
Deribit AERO_USDC-PERPETUAL
Hyperliquid AERO
Aster AEROUSDT
Binance AEROUSDT
Bybit AEROUSDT
Gate AERO_USDT
MEXC AERO_USDT
KuCoin AEROUSDTMShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AEROUSDT | +0.0100% | 4h | 0.6859 | −0.146% | $4.0M | $1.8M | 75x | as long as short |
| BingX AERO-USDT | +0.0100% | 4h | 0.6858 | −0.160% | — | $1.7M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6856 | −0.186% | $2.0M | $1.2M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6857 | −0.172% | $208K | $2.0M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6855 | −0.204% | $46K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6857 | −0.177% | $19K | $4K | 15x | as long as short |
| 01 Exchange AEROUSD | +0.0312% | 1h | 0.6863 | −0.095% | $186 | $101 | 3x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6861 | −0.116% | $937K | $603K | 25x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0506% / S −0.0237% | 1h | 0.6855 | −0.199% | $89K | — | 100x | as long as short |
| RISEx AERO/USDC | +0.0677% | 1h | 0.6861 | −0.124% | $198K | $432K | 3x | as long as short |
| Lighter AERO | +0.0704% | 1h | 0.6873 | +0.052% | $1.3M | $484K | 3x | as long as short |
| Backpack AERO_USDC_PERP | +0.0819% | 1h | 0.6867 | −0.033% | $112K | $292K | 15x | as long as short |
| Coinbase International AERO-PERP-INTXlong | +0.6656% | 1h | 0.6869 | long leg | $90K | $36K | 25x |
Bitget AEROUSDT
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Reya AERORUSDPERP
01 Exchange AEROUSD
BloFin AERO-USDT
GMX AERO/USD [ETH-USDC]
RISEx AERO/USDC
Lighter AERO
Backpack AERO_USDC_PERP