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: Gate against BloFin−0.175%48s7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$102as 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−$850.852% of the position
Funding, last 7 days−0.166%−$17 on $10k
+Price spread, last 4 days (all we have)−0.094%−$9 · spread now −0.175%, 7d avg −0.022%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Gate is 0.152% cheaper against BloFin than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.022%). Swap the legs. The two prices were read 48 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 -0.166% in total (about -8.7% 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 | BloFin AERO-USDT | 0.6871 | 0.0340 | pay 0.0170% / 4h | 3h 22m | $940K | $577K | 25x |
| Short | Gate AERO_USDT | 0.6859 | 0.0100 | get 0.0050% / 4h | 3h 22m | $1.6M | $464K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BloFin. 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: −0.175% → −0.022%
- −$15.24
- Slippage, 4 orders
- −$58.21
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$150.85
- Costs to cover
- 0.852%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 10 min ago; Gate: live order book, just now.
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 BloFin live order book, 10 min ago | 0.72 bp | 11.3 bp −$11 | 27.0 bp −$270 | 118.7 bp −$11.9K | doesn't fit |
| Sell Gate live order book, just now | 4.37 bp | 27.9 bp −$28 | 192.5 bp −$1,925 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit AERO_USDC-PERPETUAL | 0.0000% | 1h | 0.6864 | −0.102% | $54K | $11K | 10x | as long as short |
| Injective AERO/USDC PERP | +0.0033% | 1h | 0.6902 | +0.451% | $4 | $209K | 5.5x | as long as short |
| Hyperliquid AERO | +0.0100% | 1h | 0.6873 | +0.025% | $23.0M | $5.1M | 3x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6870 | −0.010% | $40K | $118K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6866 | −0.077% | $26.1M | $24.8M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6863 | −0.116% | $22.3M | $18.0M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6868 | −0.044% | $2.3M | $5.8M | 20x | as long as short |
| Gate AERO_USDTshort | +0.0100% | 4h | 0.6859 | −0.175% | $1.6M | $464K | 75x | |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6866 | −0.073% | $8.3M | $1.5M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6869 | −0.029% | $2.1M | $930K | 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 | 0.6863 | −0.116% | $4.0M | $1.8M | 75x | as long as short |
| BingX AERO-USDT | +0.0100% | 4h | 0.6863 | −0.116% | — | $1.7M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6886 | +0.214% | $2.0M | $1.2M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6863 | −0.115% | $209K | $2.0M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6859 | −0.181% | $46K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6865 | −0.093% | $19K | $4K | 15x | as long as short |
| BloFin AERO-USDTlong | +0.0340% | 4h | 0.6871 | long leg | $940K | $577K | 25x | |
| 01 Exchange AEROUSD | +0.0472% | 1h | 0.6865 | −0.093% | $186 | $101 | 3x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0506% / S −0.0237% | 1h | 0.6863 | −0.120% | $89K | — | 100x | as long as short |
| RISEx AERO/USDC | +0.0658% | 1h | 0.6860 | −0.154% | $197K | $463K | 3x | as long as short |
| Lighter AERO | +0.0968% | 1h | 0.6879 | +0.112% | $1.3M | $489K | 3x | as long as short |
| Backpack AERO_USDC_PERP | +0.1041% | 1h | 0.6874 | +0.039% | $114K | $248K | 15x | as long as short |
| Coinbase International AERO-PERP-INTX | +0.3376% | 1h | 0.6833 | −0.553% | $89K | $34K | 25x | as long as short |
BloFin AERO-USDT
Gate AERO_USDT
Deribit AERO_USDC-PERPETUAL
Injective AERO/USDC PERP
Hyperliquid AERO
Aster AEROUSDT
Binance AEROUSDT
Bybit AEROUSDT
OKX AERO-USDT-SWAP
MEXC AERO_USDT
KuCoin AEROUSDTM
Bitget AEROUSDT
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
01 Exchange AEROUSD
GMX AERO/USD [ETH-USDC]
RISEx AERO/USDC
Lighter AERO
Backpack AERO_USDC_PERP
Coinbase International AERO-PERP-INTX