Funding you earn now, next payment 09:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.023%
Price spread now: Injective against OKX+0.087%68s7-day average +0.702% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.148%−$15 on $10k
+Price spread, last 4 days (all we have)−2.878%−$288 · spread now +0.087%, 7d avg +0.702%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 0.615% cheaper against OKX than usual: you would sell low and buy high (−$62 if the spread goes back to its 7-day average of +0.702%). Swap the legs. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX AERO-USDT-SWAP | 0.6896 | 0.0100 | pay 0.0050% / 4h | 3h 58m | $2.3M | $5.8M | 20x |
| Short | Injective AERO/USDC PERP | 0.6902 | 0.0033 | get 0.0004% / 1h | 58m 14s | $4 | $209K | 5.5x |
OKX AERO-USDT-SWAP
Injective AERO/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14
- Price spread: +0.087% → +0.702%
- −$61.51
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$85.53
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 5 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 OKX live order book, 5 min ago | 2.18 bp | 15.7 bp −$16 | 39.5 bp −$395 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International AERO-PERP-INTX | −0.0280% | 1h | 0.6904 | +0.116% | $88K | $39K | 25x | as long as short |
| Deribit AERO_USDC-PERPETUAL | 0.0000% | 1h | 0.6892 | −0.058% | $55K | $11K | 10x | as long as short |
| Injective AERO/USDC PERPshort | +0.0033% | 1h | 0.6902 | +0.087% | $4 | $209K | 5.5x | |
| Aster AEROUSDT | +0.0100% | 4h | 0.6894 | −0.035% | $42K | $127K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6894 | −0.035% | $25.9M | $25.1M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6890 | −0.087% | $22.5M | $18.0M | 25x | as long as short |
| OKX AERO-USDT-SWAPlong | +0.0100% | 4h | 0.6896 | long leg | $2.3M | $5.8M | 20x | |
| Gate AERO_USDT | +0.0100% | 4h | 0.6894 | −0.029% | $1.6M | $462K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6893 | −0.044% | $8.4M | $1.4M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6893 | −0.044% | $2.0M | $1.1M | 50x | as long as short |
Coinbase International AERO-PERP-INTX
Deribit AERO_USDC-PERPETUAL
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 | 0.6892 | −0.058% | $4.0M | $1.9M | 75x | as long as short |
| BingX AERO-USDT | +0.0100% | 4h | 0.6894 | −0.029% | — | $1.8M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6881 | −0.216% | $2.0M | $1.2M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6890 | −0.087% | $207K | $1.4M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6890 | −0.080% | $46K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6892 | −0.054% | $19K | $4K | 15x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6884 | −0.174% | $940K | $576K | 25x | as long as short |
| 01 Exchange AEROUSD | +0.0400% | 1h | 0.6903 | +0.107% | $187 | $101 | 3x | as long as short |
| Hyperliquid AERO | +0.0501% | 1h | 0.6902 | +0.080% | $22.7M | $5.4M | 3x | as long as short |
| RISEx AERO/USDC | +0.0503% | 1h | 0.6897 | +0.012% | $203K | $547K | 3x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0519% / S −0.0255% | 1h | 0.6891 | −0.075% | $90K | — | 100x | as long as short |
| Backpack AERO_USDC_PERP | +0.0614% | 1h | 0.6896 | +0.003% | $93K | $261K | 15x | as long as short |
| Lighter AERO | +0.0968% | 1h | 0.6906 | +0.145% | $1.3M | $385K | 3x | as long as short |
Bitget AEROUSDT
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Reya AERORUSDPERP
BloFin AERO-USDT
01 Exchange AEROUSD
Hyperliquid AERO
RISEx AERO/USDC
GMX AERO/USD [ETH-USDC]
Backpack AERO_USDC_PERP
Lighter AERO