Funding you earn now, next payment 22:00 UTC−0.0162%/8h= −17.7% APRpaid last 24h −0.107%
Price spread now: BloFin against GMX−0.060%51s7-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—needs both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and BloFin is 0.060% cheaper against GMX than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 51 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 | GMX AERO/USD [ETH-USDC] | 0.6899 | L +0.0502% / S −0.0229% | pay 0.0063% / 1h | 22m 09s | $91K | — | 100x |
| Short | BloFin AERO-USDT | 0.6895 | 0.0340 | get 0.0170% / 4h | 2h 22m | $912K | $687K | 25x |
GMX AERO/USD [ETH-USDC]
BloFin AERO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against GMX. 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
- −$34.03
- Price spread: −0.060% → 0.000%
- −$5.97
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$64
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; BloFin: live order book, 64 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 GMX no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 64 min ago | 2.89 bp | 9.6 bp −$10 | 21.9 bp −$219 | 111.4 bp −$11.1K | doesn't fit |
GMX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit AERO_USDC-PERPETUAL | 0.0000% | 1h | 0.6903 | +0.056% | $55K | $11K | 10x | as long as short |
| Injective AERO/USDC PERP | +0.0052% | 1h | 0.6891 | −0.118% | $4 | $166K | 5.5x | as long as short |
| Hyperliquid AERO | +0.0100% | 1h | 0.6903 | +0.062% | $23.2M | $5.7M | 3x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6892 | −0.102% | $39K | $108K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6902 | +0.045% | $25.6M | $25.6M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6899 | −0.002% | $21.9M | $20.5M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6906 | +0.100% | $2.3M | $6.8M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6895 | −0.060% | $1.6M | $563K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6901 | +0.027% | $8.2M | $1.6M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6899 | −0.002% | $2.2M | $860K | 50x | as long as short |
Deribit AERO_USDC-PERPETUAL
Injective AERO/USDC PERP
Hyperliquid AERO
Aster AEROUSDT
Binance AEROUSDT
Bybit AEROUSDT
OKX AERO-USDT-SWAP
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 | 0.6898 | −0.016% | $4.1M | $2.2M | 75x | as long as short |
| BingX AERO-USDT | +0.0100% | 4h | 0.6899 | −0.002% | — | $1.8M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6890 | −0.136% | $1.9M | $1.7M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6901 | +0.030% | $201K | $1.3M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6900 | +0.017% | $46K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6901 | +0.023% | $19K | $4K | 15x | as long as short |
| 01 Exchange AEROUSD | +0.0272% | 1h | 0.6914 | +0.208% | $187 | $115 | 3x | as long as short |
| BloFin AERO-USDTshort | +0.0340% | 4h | 0.6895 | −0.060% | $912K | $687K | 25x | |
| Backpack AERO_USDC_PERP | +0.0472% | 1h | 0.6908 | +0.135% | $102K | $313K | 15x | as long as short |
| GMX AERO/USD [ETH-USDC]long | L +0.0502% / S −0.0229% | 1h | 0.6899 | long leg | $91K | — | 100x | |
| RISEx AERO/USDC | +0.0530% | 1h | 0.6905 | +0.085% | $225K | $375K | 3x | as long as short |
| Lighter AERO | +0.0872% | 1h | 0.6918 | +0.278% | $1.3M | $495K | 3x | as long as short |
| Coinbase International AERO-PERP-INTX | +0.1488% | 1h | 0.6895 | −0.060% | $92K | $23K | 25x | as long as short |
Bitget AEROUSDT
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Reya AERORUSDPERP
01 Exchange AEROUSD
Backpack AERO_USDC_PERP
RISEx AERO/USDC
Lighter AERO
Coinbase International AERO-PERP-INTX