Funding you earn now, next payment 02:00 UTC−0.0086%/8h= −9.4% APRpaid last 24h +0.049%
Price spread now: Variational Omni against Deribit−0.168%7-day average — · you buy dearer than you sell
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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Variational Omni is 0.168% cheaper against Deribit than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit AERO_USDC-PERPETUAL | 0.6887 | 0.0186 | pay 0.0023% / 1h | 29m 48s | $55K | $11K | 10x |
| Short | Variational Omni AERO | 0.6875 | 0.0100 | get 0.0050% / 4h | 2h 29m | $2.0M | $1.3M | — |
Deribit AERO_USDC-PERPETUAL
Variational Omni AEROFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Deribit. 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
- −$18.06
- Price spread: −0.168% → 0.000%
- −$16.79
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$41.85
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Variational Omni: RFQ quote, 4 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 4 min ago | 4.36 bp | doesn't fit | 33.4 bp −$334 | doesn't fit | doesn't fit |
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 22 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 | +0.218% | $4 | $209K | 5.5x | as long as short |
| Hyperliquid AERO | +0.0100% | 1h | 0.6893 | +0.093% | $23.2M | $5.3M | 3x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6894 | +0.104% | $39K | $117K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6893 | +0.087% | $26.2M | $25.9M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6889 | +0.029% | $22.4M | $19.4M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6894 | +0.102% | $2.3M | $6.6M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6886 | −0.015% | $1.6M | $504K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6892 | +0.073% | $8.2M | $1.7M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6887 | 0.000% | $2.1M | $930K | 50x | as long as short |
| Bitget AEROUSDT | +0.0100% | 4h | 0.6888 | +0.015% | $4.0M | $2.0M | 75x | as long as short |
Injective AERO/USDC PERP
Hyperliquid AERO
Aster AEROUSDT
Binance AEROUSDT
Bybit AEROUSDT
OKX AERO-USDT-SWAP
Gate AERO_USDT
MEXC AERO_USDT
KuCoin AEROUSDTM
Bitget AEROUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX AERO-USDT | +0.0100% | 4h | 0.6890 | +0.044% | — | $1.8M | — | as long as short |
| Variational Omni AEROshort | +0.0100% | 4h | 0.6875 | −0.168% | $2.0M | $1.3M | — | |
| Extended AERO-USD | +0.0104% | 1h | 0.6890 | +0.046% | $205K | $2.0M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6883 | −0.061% | $46K | — | 3x | as long as short |
| Deribit AERO_USDC-PERPETUALlong | +0.0186% | 1h | 0.6887 | long leg | $55K | $11K | 10x | |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6884 | −0.045% | $19K | $4K | 15x | as long as short |
| 01 Exchange AEROUSD | +0.0392% | 1h | 0.6888 | +0.012% | $187 | $111 | 3x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0504% / S −0.0237% | 1h | 0.6881 | −0.087% | $90K | — | 100x | as long as short |
| RISEx AERO/USDC | +0.0660% | 1h | 0.6883 | −0.055% | $207K | $400K | 3x | as long as short |
| Lighter AERO | +0.0848% | 1h | 0.6909 | +0.314% | $1.3M | $495K | 3x | as long as short |
| Backpack AERO_USDC_PERP | +0.1162% | 1h | 0.6899 | +0.170% | $131K | $280K | 15x | as long as short |
| Coinbase International AERO-PERP-INTX | +0.3256% | 1h | 0.7345 | +6.650% | $96K | $38K | 25x | as long as short |
BingX AERO-USDT
Extended AERO-USD
Aevo AERO-PERP
Reya AERORUSDPERP
01 Exchange AEROUSD
GMX AERO/USD [ETH-USDC]
RISEx AERO/USDC
Lighter AERO
Backpack AERO_USDC_PERP
Coinbase International AERO-PERP-INTX