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 BingX+0.131%81s7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as 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−$550.553% of the position
Funding, last 7 days+0.120%+$12 on $10k
+Price spread, last 4 days (all we have)−0.029%−$3 · spread now +0.131%, 7d avg −0.017%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.148% dearer against BingX than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.017%. The two prices were read 81 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 0.120% in total (about 6.2% 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 | BingX AERO-USDT | 0.6878 | 0.0100 | pay 0.0050% / 4h | 11m 51s | — | $1.8M | — |
| Short | BloFin AERO-USDT | 0.6887 | 0.0340 | get 0.0170% / 4h | 11m 51s | $938K | $576K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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: +0.131% → −0.017%
- $14.79
- Slippage, 4 orders
- −$33.26
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $9.93
- Costs to cover
- 0.553%
- Break-even
- 5.6 days
Slippage from BingX: live order book, 1 min ago; BloFin: live order book, 5 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 BingX live order book, 1 min ago | 2.18 bp | 17.0 bp −$17 | 33.8 bp −$338 | 322.3 bp −$32.2K | 802.0 bp −$401.0K |
| Sell BloFin live order book, 5 min ago | 2.90 bp | 14.4 bp −$14 | 32.3 bp −$323 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International AERO-PERP-INTX | −0.0360% | 1h | 0.6895 | +0.247% | $88K | $38K | 25x | as long as short |
| Injective AERO/USDC PERP | +0.0033% | 1h | 0.6902 | +0.349% | $4 | $209K | 5.5x | as long as short |
| Deribit AERO_USDC-PERPETUAL | +0.0041% | 1h | 0.6882 | +0.058% | $55K | $11K | 10x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6885 | +0.103% | $42K | $127K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6881 | +0.038% | $25.9M | $25.1M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6877 | −0.015% | $22.4M | $18.0M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6883 | +0.073% | $2.3M | $5.9M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6881 | +0.044% | $1.6M | $479K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6879 | +0.015% | $8.4M | $1.4M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6886 | +0.116% | $2.0M | $1.1M | 50x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AEROUSDT | +0.0100% | 4h | 0.6879 | +0.015% | $4.0M | $1.9M | 75x | as long as short |
| BingX AERO-USDTlong | +0.0100% | 4h | 0.6878 | long leg | — | $1.8M | — | |
| Variational Omni AERO | +0.0100% | 4h | 0.6882 | +0.057% | $2.0M | $1.2M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6878 | +0.001% | $204K | $1.4M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6885 | +0.103% | $46K | — | 3x | as long as short |
| Hyperliquid AERO | +0.0205% | 1h | 0.6887 | +0.135% | $22.7M | $5.4M | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6884 | +0.085% | $19K | $4K | 15x | as long as short |
| BloFin AERO-USDTshort | +0.0340% | 4h | 0.6887 | +0.131% | $938K | $576K | 25x | |
| RISEx AERO/USDC | +0.0416% | 1h | 0.6885 | +0.105% | $210K | $539K | 3x | as long as short |
| 01 Exchange AEROUSD | +0.0472% | 1h | 0.6890 | +0.170% | $187 | $101 | 3x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0518% / S −0.0255% | 1h | 0.6881 | +0.040% | $90K | — | 100x | as long as short |
| Backpack AERO_USDC_PERP | +0.0652% | 1h | 0.6885 | +0.105% | $93K | $260K | 15x | as long as short |
| Lighter AERO | +0.0848% | 1h | 0.6894 | +0.227% | $1.3M | $395K | 3x | as long as short |
BingX AERO-USDT
BloFin AERO-USDT
Coinbase International AERO-PERP-INTX
Injective AERO/USDC PERP
Deribit AERO_USDC-PERPETUAL
Aster AEROUSDT
Binance AEROUSDT
Bybit AEROUSDT
OKX AERO-USDT-SWAP
Gate AERO_USDT
MEXC AERO_USDT
KuCoin AEROUSDTM
Bitget AEROUSDT
Variational Omni AERO
Extended AERO-USD
Hyperliquid AERO
RISEx AERO/USDC
01 Exchange AEROUSD
GMX AERO/USD [ETH-USDC]
Backpack AERO_USDC_PERP
Lighter AERO