Funding you earn now, next payment 08:00 UTC−0.0364%/8h= −39.9% APRpaid last 24h −0.043%
Price spread now: Bybit against 01 Exchange−0.135%54s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Bybit is 0.135% cheaper against 01 Exchange than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 54 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 | 01 Exchange AEROUSD | 0.6897 | 0.0464 | pay 0.0058% / 1h | 58m 41s | $187 | $101 | 3x |
| Short | Bybit AEROUSDT | 0.6888 | 0.0100 | get 0.0050% / 4h | 58m 41s | $22.5M | $18.1M | 25x |
01 Exchange AEROUSD
Bybit AEROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against 01 Exchange. 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
- −$76.44
- Price spread: −0.135% → 0.000%
- −$13.48
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$107.92
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Bybit: live order book, 5 min ago. 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 5 min ago | 0.73 bp | 10.6 bp −$11 | 32.4 bp −$324 | doesn't fit | doesn't fit |
01 Exchange: 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 | −0.0360% | 1h | 0.6900 | +0.039% | $88K | $37K | 25x | as long as short |
| Injective AERO/USDC PERP | +0.0033% | 1h | 0.6902 | +0.068% | $4 | $209K | 5.5x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6891 | −0.087% | $42K | $128K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6889 | −0.120% | $25.9M | $25.2M | 75x | as long as short |
| Bybit AEROUSDTshort | +0.0100% | 4h | 0.6888 | −0.135% | $22.5M | $18.1M | 25x | |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6892 | −0.077% | $2.3M | $5.9M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6888 | −0.135% | $1.6M | $473K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6889 | −0.120% | $8.4M | $1.4M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6890 | −0.106% | $2.0M | $1.1M | 50x | as long as short |
| Bitget AEROUSDT | +0.0100% | 4h | 0.6885 | −0.178% | $4.0M | $1.9M | 75x | as long as short |
Coinbase International AERO-PERP-INTX
Injective AERO/USDC PERP
Aster AEROUSDT
Binance AEROUSDT
OKX AERO-USDT-SWAP
Gate AERO_USDT
MEXC AERO_USDT
KuCoin AEROUSDTM
Bitget AEROUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX AERO-USDT | +0.0100% | 4h | 0.6889 | −0.120% | — | $1.8M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6882 | −0.218% | $2.0M | $1.2M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6887 | −0.156% | $204K | $1.4M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6886 | −0.162% | $46K | — | 3x | as long as short |
| Deribit AERO_USDC-PERPETUAL | +0.0186% | 1h | 0.6885 | −0.178% | $55K | $11K | 10x | as long as short |
| Hyperliquid AERO | +0.0206% | 1h | 0.6896 | −0.022% | $22.7M | $5.3M | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6890 | −0.108% | $19K | $4K | 15x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6890 | −0.106% | $938K | $582K | 25x | as long as short |
| RISEx AERO/USDC | +0.0416% | 1h | 0.6889 | −0.122% | $203K | $527K | 3x | as long as short |
| 01 Exchange AEROUSDlong | +0.0464% | 1h | 0.6897 | long leg | $187 | $101 | 3x | |
| GMX AERO/USD [ETH-USDC] | L +0.0518% / S −0.0255% | 1h | 0.6887 | −0.146% | $90K | — | 100x | as long as short |
| Backpack AERO_USDC_PERP | +0.0821% | 1h | 0.6897 | −0.007% | $94K | $260K | 15x | as long as short |
| Lighter AERO | +0.0920% | 1h | 0.6901 | +0.051% | $1.3M | $390K | 3x | as long as short |
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Deribit AERO_USDC-PERPETUAL
Hyperliquid AERO
Reya AERORUSDPERP
BloFin AERO-USDT
RISEx AERO/USDC
GMX AERO/USD [ETH-USDC]
Backpack AERO_USDC_PERP
Lighter AERO