Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.029%
Price spread now: BloFin against OKX−0.102%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$520.518% of the position
Funding, last 7 days+0.104%+$10 on $10k
+Price spread, last 4 days (all we have)+0.469%+$47 · spread now −0.102%, 7d avg −0.040%
=Funding pays, the price is against you. BloFin is 0.062% cheaper against OKX than usual: you would sell low and buy high (spread −0.102% now, against its 7-day average of −0.040%). If the spread goes back, that is −$6 on $10k: about 21 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.104% in total) that is about 4.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.104% in total (about 5.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX AERO-USDT-SWAP | 0.6860 | 0.0100 | pay 0.0050% / 4h | 42m 54s | $2.3M | $5.8M | 20x |
| Short | BloFin AERO-USDT | 0.6853 | 0.0340 | get 0.0170% / 4h | 42m 54s | $938K | $580K | 25x |
OKX AERO-USDT-SWAP
BloFin AERO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. 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
- $50.4
- Price spread: −0.102% → −0.040%
- −$6.21
- Slippage, 4 orders
- −$29.78
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$7.58
- Costs to cover
- 0.518%
- Break-even
- 8.1 days
Slippage from OKX: live order book, 5 min ago; BloFin: live order book, 59 min ago.
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 OKX live order book, 5 min ago | 2.18 bp | 17.5 bp −$17 | 40.1 bp −$401 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 59 min ago | 2.90 bp | 9.3 bp −$9 | 20.4 bp −$204 | 110.6 bp −$11.1K | doesn't fit |
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 | 0.6858 | −0.029% | $54K | $11K | 10x | as long as short |
| Injective AERO/USDC PERP | +0.0033% | 1h | 0.6902 | +0.612% | $4 | $209K | 5.5x | as long as short |
| Hyperliquid AERO | +0.0100% | 1h | 0.6860 | 0.000% | $23.0M | $5.2M | 3x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6868 | +0.114% | $39K | $116K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6858 | −0.023% | $26.0M | $24.8M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6858 | −0.029% | $22.3M | $18.2M | 25x | as long as short |
| OKX AERO-USDT-SWAPlong | +0.0100% | 4h | 0.6860 | long leg | $2.3M | $5.8M | 20x | |
| Gate AERO_USDT | +0.0100% | 4h | 0.6859 | −0.015% | $1.6M | $459K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6857 | −0.044% | $8.2M | $1.5M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6868 | +0.117% | $2.1M | $928K | 50x | as long as short |
Deribit AERO_USDC-PERPETUAL
Injective AERO/USDC PERP
Hyperliquid AERO
Aster AEROUSDT
Binance AEROUSDT
Bybit AEROUSDT
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 | 0.6851 | −0.131% | $4.0M | $1.8M | 75x | as long as short |
| BingX AERO-USDT | +0.0100% | 4h | 0.6856 | −0.058% | — | $1.7M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6856 | −0.055% | $2.0M | $1.2M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6854 | −0.091% | $208K | $2.0M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6862 | +0.027% | $46K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6858 | −0.032% | $19K | $4K | 15x | as long as short |
| 01 Exchange AEROUSD | +0.0320% | 1h | 0.6869 | +0.127% | $186 | $101 | 3x | as long as short |
| BloFin AERO-USDTshort | +0.0340% | 4h | 0.6853 | −0.102% | $938K | $580K | 25x | |
| GMX AERO/USD [ETH-USDC] | L +0.0506% / S −0.0237% | 1h | 0.6857 | −0.049% | $89K | — | 100x | as long as short |
| RISEx AERO/USDC | +0.0677% | 1h | 0.6867 | +0.104% | $203K | $435K | 3x | as long as short |
| Lighter AERO | +0.0704% | 1h | 0.6872 | +0.172% | $1.3M | $484K | 3x | as long as short |
| Backpack AERO_USDC_PERP | +0.0818% | 1h | 0.6864 | +0.061% | $112K | $292K | 15x | as long as short |
| Coinbase International AERO-PERP-INTX | +0.6656% | 1h | 0.6877 | +0.248% | $90K | $36K | 25x | as long as short |
Bitget AEROUSDT
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Reya AERORUSDPERP
01 Exchange AEROUSD
GMX AERO/USD [ETH-USDC]
RISEx AERO/USDC
Lighter AERO
Backpack AERO_USDC_PERP
Coinbase International AERO-PERP-INTX