Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.6193 | −0.0165 | get 0.0021% / 1h | 33m 48s | $340K | $273K | 16x | Long TxFlow5% off | |
| SHORT | 0.6209 | +0.0100 | get 0.0050% / 4h | 1h 33m | $11.9M | $6.7M | 25x | Short Bybit |
Price gap+0.258%53s
Funding gap+0.0265% /8h
Both sides work: funding pays +$8 a day on $10k, and the gap is 0.077% above its 7d average: +$8 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$18+0.0265% /8h now · paid +0.183% over the last 7D
Price—spread +0.258%53s now · prices read too far apart to compare
Costs−$530.533% of $10k · taker + slippage, in and out
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.183% in total, about +0.0087%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.258%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hAERO on 26 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size13.6 / 18.3 bpAt $10k entering Bybit costs 18.3 bp, fee and slippage, 1.3× TxFlow’s.
- Note: Margin at max leverage$625 + $400TxFlow 16x, Bybit 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$7.96Long TxFlow: 24 payments, +$4.96; short Bybit: 6 payments, +$3.00.
- Watch: Prices read 53 s apart+0.258% vs +0.181%Part of this gap may be the market moving.
- Watch: Long leg is thinner$340K vs $11.9M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCTxFlow No · Bybit YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0087%/8h × 21 periods+$18.26
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$33.28
Fee TxFlow bp × 2 orders−$9.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$35.02
price spread not counted: prices read too far apartCosts to cover0.533%Break-even20.4 days
Slippage: TxFlow: live order book, 18 min ago; Bybit: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow1.6113.6 bp−$1459.3 bp−$593doesn’t fitdoesn’t fit
SELL · SHORTBybit0.8018.3 bp−$1841.4 bp−$414doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-28 14:53 | Phoenix | Listing | Now live on Phoenix: $AERO Aerodrome @aeroxyz is an AMM on Base. Users lock AERO to vote on where emissions go and earn the protocol's trading fees. @PhoenixTrade on X ↗ |
| 10-28 02:23 | BloFin | Other | BloFin will support the token merge of Velodrome Finance (VELODROME) into Aerodrome (AERO) and the AERO contract swap. Details: @BloFin_Official on X ↗ |
| 10-27 20:04 | Phoenix | Listing | new market AERO ($AERO) seen by our collector |
| 10-26 07:15 | AZverse | Listing | new market aero_usdt ($AERO) seen by our collector |
| 10-17 12:16 | Binance | Other | Binance will support the Velodrome Finance (VELODROME) Token Merge to Aerodrome (AERO) and the AERO Contract Swap. 👉 @binance on X ↗ |
| 10-07 04:29 | Paradex | Listing | new market AERO-USD-PERP ($AERO) seen by our collector |

Phoenix
BloFin
Binance
Paradex