Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.053%
Price spread now: BloFin against Binance−0.173%51s7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$570.575% of the position
Funding, last 7 days+0.133%+$13 on $10k
+Price spread, last 4 days (all we have)+0.381%+$38 · spread now −0.173%, 7d avg −0.029%
=Funding pays, the price is against you. BloFin is 0.144% cheaper against Binance than usual: you would sell low and buy high (spread −0.173% now, against its 7-day average of −0.029%). If the spread goes back, that is −$14 on $10k: about 2.0 days of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.133% in total) that is about 7.6 days. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.133% in total (about 6.9% 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 | Binance AEROUSDT | 0.6929 | 0.0100 | pay 0.0050% / 4h | 3h 46m | $26.3M | $24.7M | 75x |
| Short | BloFin AERO-USDT | 0.6917 | 0.0340 | get 0.0170% / 4h | 3h 46m | $946K | $573K | 25x |
Binance AEROUSDT
BloFin AERO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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: −0.173% → −0.029%
- −$14.44
- Slippage, 4 orders
- −$35.47
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$21.52
- Costs to cover
- 0.575%
- Break-even
- 10.0 days
Slippage from Binance: live order book, 10 min ago; BloFin: live order book, 51 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 Binance live order book, 10 min ago | 1.44 bp | 18.4 bp −$18 | 34.7 bp −$347 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 51 min ago | 3.64 bp | 12.5 bp −$13 | 24.4 bp −$244 | 108.1 bp −$10.8K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AERO/USDC PERP | +0.0033% | 1h | 0.6902 | −0.390% | $4 | $209K | 5.5x | as long as short |
| Hyperliquid AERO | +0.0100% | 1h | 0.6929 | +0.006% | $23.1M | $5.1M | 3x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6928 | −0.013% | $40K | $118K | 10x | as long as short |
| Binance AEROUSDTlong | +0.0100% | 4h | 0.6929 | long leg | $26.3M | $24.7M | 75x | |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6923 | −0.087% | $22.5M | $18.1M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6931 | +0.029% | $2.3M | $5.9M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6920 | −0.130% | $1.6M | $462K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6928 | −0.014% | $8.3M | $1.5M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6923 | −0.087% | $2.1M | $930K | 50x | as long as short |
| Bitget AEROUSDT | +0.0100% | 4h | 0.6924 | −0.072% | $4.1M | $1.8M | 75x | as long as short |
Injective AERO/USDC PERP
Hyperliquid AERO
Aster AEROUSDT
Bybit 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 | 0.6921 | −0.115% | — | $1.7M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6931 | +0.026% | $2.0M | $1.2M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6919 | −0.151% | $211K | $2.0M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6912 | −0.245% | $46K | — | 3x | as long as short |
| Deribit AERO_USDC-PERPETUAL | +0.0184% | 1h | 0.6914 | −0.216% | $55K | $11K | 10x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6926 | −0.045% | $19K | $4K | 15x | as long as short |
| BloFin AERO-USDTshort | +0.0340% | 4h | 0.6917 | −0.173% | $946K | $573K | 25x | |
| GMX AERO/USD [ETH-USDC] | L +0.0507% / S −0.0237% | 1h | 0.6911 | −0.260% | $90K | — | 100x | as long as short |
| 01 Exchange AEROUSD | +0.0568% | 1h | 0.6927 | −0.022% | $188 | $101 | 3x | as long as short |
| RISEx AERO/USDC | +0.0658% | 1h | 0.6921 | −0.111% | $209K | $454K | 3x | as long as short |
| Lighter AERO | +0.1104% | 1h | 0.6936 | +0.107% | $1.3M | $487K | 3x | as long as short |
| Backpack AERO_USDC_PERP | +0.1113% | 1h | 0.6922 | −0.104% | $115K | $248K | 15x | as long as short |
| Coinbase International AERO-PERP-INTX | +0.3376% | 1h | 0.6890 | −0.563% | $90K | $35K | 25x | as long as short |
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Deribit AERO_USDC-PERPETUAL
Reya AERORUSDPERP
GMX AERO/USD [ETH-USDC]
01 Exchange AEROUSD
RISEx AERO/USDC
Lighter AERO
Backpack AERO_USDC_PERP
Coinbase International AERO-PERP-INTX