Funding you earn now, next payment 01:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.026%
Price spread now: KuCoin against Injective+1.130%7-day average −0.778% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.087%+$9 on $10k
+Price spread, last 3 days (all we have)+2.119%+$212 · spread now +1.130%, 7d avg −0.778%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 1.909% dearer against Injective than usual: you sell high and buy low: +$191 more if the spread goes back to its 7-day average of −0.778%.
| 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 | 36m 44s | $4 | $209K | 5.5x |
| Short | KuCoin AEROUSDTM | 0.6980 | 0.0100 | get 0.0050% / 4h | 3h 36m | $2.2M | $939K | 50x |
Injective AERO/USDC PERP
KuCoin AEROUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +1.130% → −0.778%
- $190.86
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $192.84
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; KuCoin: live order book, 10 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 KuCoin live order book, 10 min ago | 4.31 bp | 31.5 bp −$31 | 304.0 bp −$3,040 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AERO/USDC PERPlong | +0.0033% | 1h | 0.6902 | long leg | $4 | $209K | 5.5x | |
| Deribit AERO_USDC-PERPETUAL | +0.0037% | 1h | 0.6977 | +1.087% | $55K | $11K | 10x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6985 | +1.203% | $40K | $112K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6987 | +1.234% | $26.5M | $26.6M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6981 | +1.145% | $22.6M | $21.2M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6985 | +1.203% | $2.3M | $7.0M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6981 | +1.145% | $1.6M | $493K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6984 | +1.188% | $8.3M | $1.7M | 100x | as long as short |
| KuCoin AEROUSDTMshort | +0.0100% | 4h | 0.6980 | +1.130% | $2.2M | $939K | 50x | |
| Bitget AEROUSDT | +0.0100% | 4h | 0.6983 | +1.174% | $4.1M | $2.2M | 75x | as long as short |
Deribit AERO_USDC-PERPETUAL
Aster AEROUSDT
Binance AEROUSDT
Bybit AEROUSDT
OKX AERO-USDT-SWAP
Gate AERO_USDT
MEXC AERO_USDT
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 | 0.6981 | +1.145% | — | $1.8M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6942 | +0.586% | $2.0M | $1.8M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6981 | +1.141% | $216K | $1.8M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6975 | +1.060% | $47K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6976 | +1.071% | $20K | $4K | 15x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6978 | +1.101% | $947K | $737K | 25x | as long as short |
| 01 Exchange AEROUSD | +0.0496% | 1h | 0.6986 | +1.210% | $189 | $111 | 3x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0511% / S −0.0240% | 1h | 0.6974 | +1.049% | $92K | — | 100x | as long as short |
| RISEx AERO/USDC | +0.0687% | 1h | 0.6980 | +1.124% | $221K | $398K | 3x | as long as short |
| Hyperliquid AERO | +0.0742% | 1h | 0.6996 | +1.360% | $23.5M | $5.3M | 3x | as long as short |
| Backpack AERO_USDC_PERP | +0.1404% | 1h | 0.6988 | +1.253% | $134K | $321K | 15x | as long as short |
| Lighter AERO | +0.1632% | 1h | 0.7004 | +1.475% | $1.3M | $446K | 3x | as long as short |
| Coinbase International AERO-PERP-INTX | +0.3896% | 1h | 0.7418 | +7.476% | $98K | $37K | 25x | as long as short |
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Reya AERORUSDPERP
BloFin AERO-USDT
01 Exchange AEROUSD
GMX AERO/USD [ETH-USDC]
RISEx AERO/USDC
Hyperliquid AERO
Backpack AERO_USDC_PERP
Lighter AERO
Coinbase International AERO-PERP-INTX