Funding you earn now, next payment 03:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.023%
Price spread now: MEXC against Injective+0.043%7-day average −0.757% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.128%+$13 on $10k
+Price spread, last 4 days (all we have)+3.943%+$394 · spread now +0.043%, 7d avg −0.757%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and MEXC is 0.800% dearer against Injective than usual: you sell high and buy low: +$80 more if the spread goes back to its 7-day average of −0.757%.
| 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 | 34m 46s | $4 | $209K | 5.5x |
| Short | MEXC AERO_USDT | 0.6905 | 0.0100 | get 0.0050% / 4h | 1h 34m | $8.3M | $1.6M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.043% → −0.757%
- $80.02
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- $86
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; MEXC: live order book, 3 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 MEXC live order book, 3 min ago | 1.45 bp | 12.1 bp −$12 | 24.8 bp −$248 | 126.3 bp −$12.6K | 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 | +0.0040% | 1h | 0.6904 | +0.029% | $55K | $11K | 10x | as long as short |
| Hyperliquid AERO | +0.0100% | 1h | 0.6906 | +0.052% | $23.2M | $5.1M | 3x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6903 | +0.018% | $39K | $117K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6902 | +0.006% | $26.2M | $25.2M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6899 | −0.043% | $22.5M | $18.9M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6898 | −0.058% | $2.3M | $6.3M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6896 | −0.087% | $1.6M | $483K | 75x | as long as short |
| MEXC AERO_USDTshort | +0.0100% | 4h | 0.6905 | +0.043% | $8.3M | $1.6M | 100x | |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6900 | −0.029% | $2.1M | $938K | 50x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AEROUSDT | +0.0100% | 4h | 0.6893 | −0.130% | $4.1M | $1.9M | 75x | as long as short |
| BingX AERO-USDT | +0.0100% | 4h | 0.6901 | −0.014% | — | $1.7M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6896 | −0.085% | $2.0M | $1.3M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6903 | +0.015% | $207K | $2.0M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6899 | −0.042% | $46K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6903 | +0.012% | $19K | $4K | 15x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6897 | −0.072% | $939K | $631K | 25x | as long as short |
| 01 Exchange AEROUSD | +0.0408% | 1h | 0.6905 | +0.048% | $187 | $101 | 3x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0506% / S −0.0237% | 1h | 0.6902 | −0.002% | $90K | — | 100x | as long as short |
| RISEx AERO/USDC | +0.0540% | 1h | 0.6902 | −0.007% | $208K | $405K | 3x | as long as short |
| Backpack AERO_USDC_PERP | +0.1042% | 1h | 0.6914 | +0.167% | $113K | $293K | 15x | as long as short |
| Lighter AERO | +0.1208% | 1h | 0.6922 | +0.293% | $1.3M | $498K | 3x | as long as short |
| Coinbase International AERO-PERP-INTX | +1.0840% | 1h | 0.6899 | −0.043% | $90K | $36K | 25x | as long as short |
Injective AERO/USDC PERP
MEXC AERO_USDT
Deribit AERO_USDC-PERPETUAL
Hyperliquid AERO
Aster AEROUSDT
Binance AEROUSDT
Bybit AEROUSDT
OKX AERO-USDT-SWAP
Gate AERO_USDT
KuCoin AEROUSDTM
Bitget AEROUSDT
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
BloFin AERO-USDT
01 Exchange AEROUSD
GMX AERO/USD [ETH-USDC]
RISEx AERO/USDC
Backpack AERO_USDC_PERP
Lighter AERO
Coinbase International AERO-PERP-INTX