AERO

Alert: funding

Alert: spread

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: KuCoin against BloFin−0.029%80s7-day average +0.036% · you buy dearer than you sell

Net, funding: paid 7d − costs−$134as 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−$1171.171% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.168%−$17 on $10k

Price spread, last 4 days (all we have)−0.061%−$6 · spread now −0.029%, 7d avg +0.036%

Together, before fees−0.229%−$23 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and KuCoin is 0.065% cheaper against BloFin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.036%). Swap the legs. The two prices were read 80 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 -0.168% in total (about -8.8% 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	0.6880	0.0340	pay 0.0170% / 4h	7m 53s	$939K	$575K	25x
Short	KuCoin AEROUSDTM	0.6878	0.0100	get 0.0050% / 4h	7m 53s	$2.0M	$1.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

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

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee KuCoinbpOrdersPrice spread, now −0.029%Rate

Funding earned: −$50.4
Price spread: −0.029% → +0.036%: −$6.47
Slippage, 4 orders: −$93.11
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$173.98
Costs to cover: 1.171%
Break-even: never at this rate

Slippage from BloFin: live order book, 9 min ago; KuCoin: live order book, 8 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 BloFin live order book, 9 min ago	2.90 bp	10.1 bp −$10	22.8 bp −$228	111.8 bp −$11.2K	doesn't fit
Sell KuCoin live order book, 8 min ago	2.90 bp	47.5 bp −$48	331.8 bp −$3,318	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	0.6889	+0.131%	$88K	$38K	25x	as long as short
Injective AERO/USDC PERP	+0.0033%	1h	0.6902	+0.320%	$4	$209K	5.5x	as long as short
Aster AEROUSDT	+0.0100%	4h	0.6879	−0.014%	$42K	$127K	10x	as long as short
Binance AEROUSDT	+0.0100%	4h	0.6875	−0.071%	$25.9M	$25.1M	75x	as long as short
Bybit AEROUSDT	+0.0100%	4h	0.6875	−0.073%	$22.4M	$18.0M	25x	as long as short
OKX AERO-USDT-SWAP	+0.0100%	4h	0.6878	−0.029%	$2.3M	$5.8M	20x	as long as short
Gate AERO_USDT	+0.0100%	4h	0.6876	−0.058%	$1.6M	$481K	75x	as long as short
MEXC AERO_USDT	+0.0100%	4h	0.6877	−0.044%	$8.4M	$1.4M	100x	as long as short
KuCoin AEROUSDTMshort	+0.0100%	4h	0.6878	−0.029%	$2.0M	$1.1M	50x
Bitget AEROUSDT	+0.0100%	4h	0.6874	−0.087%	$4.0M	$1.9M	75x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX AERO-USDT	+0.0100%	4h	0.6877	−0.044%	—	$1.8M	—	as long as short
Variational Omni AERO	+0.0100%	4h	0.6877	−0.049%	$2.0M	$1.2M	—	as long as short
Extended AERO-USD	+0.0104%	1h	0.6875	−0.067%	$204K	$1.4M	10x	as long as short
Aevo AERO-PERP	+0.0104%	1h	0.6878	−0.022%	$46K	—	3x	as long as short
Deribit AERO_USDC-PERPETUAL	+0.0186%	1h	0.6878	−0.029%	$55K	$11K	10x	as long as short
Hyperliquid AERO	+0.0222%	1h	0.6883	+0.042%	$22.7M	$5.3M	3x	as long as short
Reya AERORUSDPERP	+0.0228%	1h	0.6877	−0.045%	$19K	$4K	15x	as long as short
BloFin AERO-USDTlong	+0.0340%	4h	0.6880	long leg	$939K	$575K	25x
RISEx AERO/USDC	+0.0416%	1h	0.6881	+0.019%	$206K	$541K	3x	as long as short
01 Exchange AEROUSD	+0.0464%	1h	0.6886	+0.087%	$187	$101	3x	as long as short
GMX AERO/USD [ETH-USDC]	L +0.0518% / S −0.0255%	1h	0.6875	−0.069%	$90K	—	100x	as long as short
Backpack AERO_USDC_PERP	+0.0648%	1h	0.6883	+0.042%	$92K	$261K	15x	as long as short
Lighter AERO	+0.0848%	1h	0.6891	+0.161%	$1.3M	$395K	3x	as long as short