Settings8H · net · $10k
Funding arb · Price arb /

AERO

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0236%/8h= −25.8% APRpaid last 24h −0.028%
Price spread now: Extended against BloFin+0.222%94s7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$560.562% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.115%−$12 on $10k
Price spread, last 4 days (all we have)−0.452%−$45 · spread now +0.222%, 7d avg −0.022%
Together, before fees−0.567%+ Points / potential airdropExtended: Active · farm board−$57 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.244% dearer against BloFin than usual: you sell high and buy low (spread +0.222% now, against its 7-day average of −0.022%): +$24 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 3.4 days. At the pace of the last 7 days (−0.115% in total) that is about 15 days. The two prices were read 94 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 -0.115% in total (about -6.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin AERO-USDT0.68570.0340pay 0.0170% / 4h39m 24s$939K$580K25x
ShortExtended AERO-USD0.68720.0104get 0.0013% / 1h39m 24s$208K$2.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against BloFin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$49.56
Price spread: +0.222% → −0.022%
$24.41
Slippage, 4 orders
−$39.17
Fee BloFin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$81.32
Costs to cover
0.562%
Break-even
never at this rate
Slippage from BloFin: live order book, 63 min ago; Extended: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 63 min ago2.90 bp12.3 bp −$1232.2 bp −$322doesn't fitdoesn't fit
Sell Extended live order book, 4 min ago3.28 bp17.7 bp −$18129.6 bp −$1,296doesn't fitdoesn't fit

AERO on 23 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective AERO/USDC PERP+0.0033%1h0.6902+0.656%$4$209K5.5xas long as short
Hyperliquid AERO+0.0100%1h0.6876+0.280%$23.0M$5.0M3xas long as short
Aster AEROUSDT+0.0100%4h0.6883+0.379%$40K$116K10xas long as short
Binance AEROUSDT+0.0100%4h0.6878+0.306%$26.1M$24.8M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6872+0.219%$22.3M$18.2M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6873+0.233%$2.3M$5.8M20xas long as short
Gate AERO_USDT+0.0100%4h0.6876+0.277%$1.6M$460K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6876+0.277%$8.2M$1.5M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6883+0.379%$2.1M$929K50xas long as short
Bitget AEROUSDT+0.0100%4h0.6876+0.277%$4.0M$1.8M75xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AERO-USDT+0.0100%4h0.6876+0.277%$1.7Mas long as short
Variational Omni AERO+0.0100%4h0.6870+0.193%$2.0M$1.2Mas long as short
Extended AERO-USDshort+0.0104%1h0.6872+0.222%$208K$2.0M10x
Aevo AERO-PERP+0.0104%1h0.6882+0.368%$46K3xas long as short
Deribit AERO_USDC-PERPETUAL+0.0186%1h0.6879+0.321%$55K$11K10xas long as short
Reya AERORUSDPERP+0.0228%1h0.6874+0.242%$19K$4K15xas long as short
BloFin AERO-USDTlong+0.0340%4h0.6857long leg$939K$580K25x
01 Exchange AEROUSD+0.0344%1h0.6880+0.333%$186$1013xas long as short
GMX AERO/USD [ETH-USDC]L +0.0506% / S −0.0237%1h0.6872+0.219%$89K100xas long as short
RISEx AERO/USDC+0.0677%1h0.6876+0.276%$209K$438K3xas long as short
Lighter AERO+0.0760%1h0.6893+0.529%$1.3M$484K3xas long as short
Backpack AERO_USDC_PERP+0.0855%1h0.6885+0.403%$113K$292K15xas long as short
Coinbase International AERO-PERP-INTX+0.6656%1h0.6869+0.175%$90K$35K25xas long as short