Funding you earn now, next payment 01:00 UTC−0.0228%/8h= −25.0% APRnext payment −$0.29 per $10,000 · paid last 24h −0.101%
Price spread now: Deribit against Reya+0.035%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Deribit is 0.035% dearer against Reya than usual: you sell high and buy low (spread +0.035% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 12 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya AERORUSDPERP | 0.6983 | 0.0228 | pay 0.0029% / 1h | 56m 11s | $20K | $4K | 15x |
| Short | Deribit AERO_USDC-PERPETUAL | 0.6985 | 0 | get 0.0000% / 1h | 56m 11s | $55K | $11K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Reya. 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
- −$47.92
- Price spread: +0.035% → 0.000%
- $3.55
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$57.37
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Deribit: 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 Reya no order-book sample | — | — | — | — | — |
| Sell Deribit no order-book sample | — | — | — | — | — |
Reya and Deribit: 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-PERPETUALshort | 0.0000% | 1h | 0.6985 | +0.035% | $55K | $11K | 10x | |
| Injective AERO/USDC PERP | +0.0033% | 1h | 0.6902 | −1.153% | $4 | $209K | 5.5x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6983 | +0.007% | $40K | $117K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6988 | +0.083% | $26.3M | $26.6M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6986 | +0.050% | $22.5M | $21.9M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6986 | +0.050% | $2.3M | $7.0M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6984 | +0.021% | $1.6M | $491K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6987 | +0.064% | $8.3M | $1.7M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6991 | +0.121% | $2.2M | $940K | 50x | as long as short |
| Bitget AEROUSDT | +0.0100% | 4h | 0.6982 | −0.007% | $4.1M | $2.2M | 75x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX AERO-USDT | +0.0100% | 4h | 0.6983 | +0.007% | — | $1.8M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6993 | +0.144% | $2.0M | $1.8M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6983 | +0.002% | $216K | $1.3M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6942 | −0.588% | $47K | — | 3x | as long as short |
| Reya AERORUSDPERPlong | +0.0228% | 1h | 0.6983 | long leg | $20K | $4K | 15x | |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6990 | +0.107% | $937K | $754K | 25x | as long as short |
| 01 Exchange AEROUSD | +0.0456% | 1h | 0.6996 | +0.199% | $190 | $111 | 3x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0511% / S −0.0240% | 1h | 0.6979 | −0.045% | $92K | — | 100x | as long as short |
| Hyperliquid AERO | +0.0521% | 1h | 0.6999 | +0.233% | $23.5M | $5.4M | 3x | as long as short |
| RISEx AERO/USDC | +0.0687% | 1h | 0.6991 | +0.115% | $216K | $403K | 3x | as long as short |
| Backpack AERO_USDC_PERP | +0.1291% | 1h | 0.7005 | +0.326% | $132K | $329K | 15x | as long as short |
| Lighter AERO | +0.1488% | 1h | 0.7007 | +0.356% | $1.3M | $430K | 3x | as long as short |
| Coinbase International AERO-PERP-INTX | +0.3896% | 1h | 0.7004 | +0.308% | $92K | $33K | 25x | as long as short |
Deribit AERO_USDC-PERPETUAL
Injective AERO/USDC PERP
Aster AEROUSDT
Binance AEROUSDT
Bybit AEROUSDT
OKX AERO-USDT-SWAP
Gate AERO_USDT
MEXC 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]
Hyperliquid AERO
RISEx AERO/USDC
Backpack AERO_USDC_PERP
Lighter AERO
Coinbase International AERO-PERP-INTX