Funding you earn now, next payment 04:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.023%
Price spread now: Injective against MEXC+0.598%7-day average +0.750% · 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)−5.867%−$587 · spread now +0.598%, 7d avg +0.750%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 0.152% cheaper against MEXC than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.750%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC AERO_USDT | 0.6861 | 0.0100 | pay 0.0050% / 4h | 46m 42s | $8.2M | $1.5M | 100x |
| Short | Injective AERO/USDC PERP | 0.6902 | 0.0033 | get 0.0004% / 1h | 46m 42s | $4 | $209K | 5.5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against MEXC. 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: +0.598% → +0.750%
- −$15.21
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$37.23
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 1 min ago; Injective: no order-book sample. 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 MEXC live order book, 1 min ago | 0.73 bp | 10.2 bp −$10 | 29.0 bp −$290 | 126.6 bp −$12.7K | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit AERO_USDC-PERPETUAL | 0.0000% | 1h | 0.6857 | −0.058% | $54K | $11K | 10x | as long as short |
| Injective AERO/USDC PERPshort | +0.0033% | 1h | 0.6902 | +0.598% | $4 | $209K | 5.5x | |
| Hyperliquid AERO | +0.0100% | 1h | 0.6858 | −0.041% | $23.0M | $5.1M | 3x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6863 | +0.023% | $39K | $116K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6862 | +0.015% | $26.0M | $24.8M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6860 | −0.015% | $22.3M | $18.3M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6862 | +0.015% | $2.3M | $5.8M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6856 | −0.073% | $1.6M | $458K | 75x | as long as short |
| MEXC AERO_USDTlong | +0.0100% | 4h | 0.6861 | long leg | $8.2M | $1.5M | 100x | |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6862 | +0.015% | $2.1M | $928K | 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 | 0.6859 | −0.029% | $4.0M | $1.8M | 75x | as long as short |
| BingX AERO-USDT | +0.0100% | 4h | 0.6863 | +0.029% | — | $1.7M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6876 | +0.223% | $2.0M | $1.2M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6859 | −0.030% | $208K | $2.0M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6854 | −0.097% | $46K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6858 | −0.038% | $19K | $4K | 15x | as long as short |
| 01 Exchange AEROUSD | +0.0304% | 1h | 0.6865 | +0.061% | $186 | $101 | 3x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6861 | 0.000% | $937K | $603K | 25x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0506% / S −0.0237% | 1h | 0.6857 | −0.062% | $89K | — | 100x | as long as short |
| RISEx AERO/USDC | +0.0677% | 1h | 0.6861 | −0.007% | $198K | $432K | 3x | as long as short |
| Lighter AERO | +0.0704% | 1h | 0.6874 | +0.184% | $1.3M | $484K | 3x | as long as short |
| Backpack AERO_USDC_PERP | +0.0826% | 1h | 0.6868 | +0.099% | $112K | $292K | 15x | as long as short |
| Coinbase International AERO-PERP-INTX | +0.6656% | 1h | 0.6877 | +0.233% | $90K | $36K | 25x | as long as short |
MEXC AERO_USDT
Injective AERO/USDC PERP
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
01 Exchange AEROUSD
BloFin AERO-USDT
GMX AERO/USD [ETH-USDC]
RISEx AERO/USDC
Lighter AERO
Backpack AERO_USDC_PERP
Coinbase International AERO-PERP-INTX