Funding you earn now, next payment 08:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.023%
Price spread now: Binance against Injective+0.058%7-day average −0.716% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.136%+$14 on $10k
+Price spread, last 4 days (all we have)+2.746%+$275 · spread now +0.058%, 7d avg −0.716%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.774% dearer against Injective than usual: you sell high and buy low: +$77 more if the spread goes back to its 7-day average of −0.716%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective AERO/USDC PERP | 0.6902 | 0.0033 | pay 0.0004% / 1h | 47m 04s | $4 | $209K | 5.5x |
| Short | Binance AEROUSDT | 0.6906 | 0.0100 | get 0.0050% / 4h | 47m 04s | $26.0M | $25.2M | 75x |
Injective AERO/USDC PERP
Binance AEROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Injective. 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
- $14
- Price spread: +0.058% → −0.716%
- $77.39
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $81.37
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Binance: live order book, 9 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 Injective no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 9 min ago | 0.73 bp | 16.3 bp −$16 | 35.2 bp −$352 | 313.0 bp −$31.3K | doesn't fit |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International AERO-PERP-INTX | −0.0360% | 1h | 0.6918 | +0.232% | $89K | $37K | 25x | as long as short |
| Injective AERO/USDC PERPlong | +0.0033% | 1h | 0.6902 | long leg | $4 | $209K | 5.5x | |
| Aster AEROUSDT | +0.0100% | 4h | 0.6903 | +0.012% | $42K | $128K | 10x | as long as short |
| Binance AEROUSDTshort | +0.0100% | 4h | 0.6906 | +0.058% | $26.0M | $25.2M | 75x | |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6902 | 0.000% | $22.5M | $18.1M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6910 | +0.116% | $2.3M | $5.9M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6903 | +0.014% | $1.6M | $476K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6908 | +0.087% | $8.5M | $1.4M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6914 | +0.174% | $2.0M | $1.1M | 50x | as long as short |
| Bitget AEROUSDT | +0.0100% | 4h | 0.6903 | +0.014% | $4.0M | $1.9M | 75x | as long as short |
Coinbase International AERO-PERP-INTX
Aster AEROUSDT
Bybit 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 | 0.6905 | +0.043% | — | $1.8M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6886 | −0.230% | $2.0M | $1.2M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6907 | +0.074% | $204K | $1.4M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6906 | +0.065% | $46K | — | 3x | as long as short |
| Deribit AERO_USDC-PERPETUAL | +0.0185% | 1h | 0.6907 | +0.072% | $55K | $11K | 10x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6908 | +0.084% | $19K | $4K | 15x | as long as short |
| Hyperliquid AERO | +0.0242% | 1h | 0.6912 | +0.145% | $22.8M | $5.3M | 3x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6909 | +0.101% | $943K | $584K | 25x | as long as short |
| RISEx AERO/USDC | +0.0416% | 1h | 0.6909 | +0.097% | $208K | $528K | 3x | as long as short |
| 01 Exchange AEROUSD | +0.0496% | 1h | 0.6916 | +0.197% | $187 | $101 | 3x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0518% / S −0.0255% | 1h | 0.6904 | +0.029% | $90K | — | 100x | as long as short |
| Backpack AERO_USDC_PERP | +0.0698% | 1h | 0.6911 | +0.125% | $93K | $260K | 15x | as long as short |
| Lighter AERO | +0.0888% | 1h | 0.6920 | +0.267% | $1.3M | $392K | 3x | as long as short |
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Deribit AERO_USDC-PERPETUAL
Reya AERORUSDPERP
Hyperliquid AERO
BloFin AERO-USDT
RISEx AERO/USDC
01 Exchange AEROUSD
GMX AERO/USD [ETH-USDC]
Backpack AERO_USDC_PERP
Lighter AERO