Funding you earn now, next payment 04:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.029%
Price spread now: OKX against BloFin−0.057%7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$520.517% of the position
Funding, last 7 days−0.104%−$10 on $10k
+Price spread, last 3 days (all we have)−0.071%−$7 · spread now −0.057%, 7d avg +0.032%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and OKX is 0.089% cheaper against BloFin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.032%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.104% in total (about -5.4% 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 | 0.7004 | 0.0340 | pay 0.0170% / 4h | 3h 24m | $952K | $736K | 25x |
| Short | OKX AERO-USDT-SWAP | 0.7000 | 0.0100 | get 0.0050% / 4h | 3h 24m | $2.3M | $7.0M | 20x |
BloFin AERO-USDT
OKX AERO-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.057% → +0.032%
- −$8.89
- Slippage, 4 orders
- −$29.66
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$110.95
- Costs to cover
- 0.517%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 47 min ago; OKX: live order book, 3 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, 47 min ago | 2.86 bp | 9.4 bp −$9 | 21.3 bp −$213 | 106.8 bp −$10.7K | doesn't fit |
| Sell OKX live order book, 3 min ago | 2.15 bp | 14.9 bp −$15 | 37.2 bp −$372 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AERO/USDC PERP | +0.0033% | 1h | 0.6902 | −1.456% | $4 | $209K | 5.5x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.7002 | −0.033% | $40K | $113K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6998 | −0.085% | $26.6M | $26.5M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6998 | −0.086% | $22.6M | $20.9M | 25x | as long as short |
| OKX AERO-USDT-SWAPshort | +0.0100% | 4h | 0.7000 | −0.057% | $2.3M | $7.0M | 20x | |
| Gate AERO_USDT | +0.0100% | 4h | 0.6998 | −0.086% | $1.6M | $494K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6999 | −0.071% | $8.4M | $1.7M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.7006 | +0.029% | $2.2M | $937K | 50x | as long as short |
| Bitget AEROUSDT | +0.0100% | 4h | 0.6998 | −0.086% | $4.1M | $2.2M | 75x | as long as short |
| BingX AERO-USDT | +0.0100% | 4h | 0.7001 | −0.043% | — | $1.8M | — | as long as short |
Injective AERO/USDC PERP
Aster AEROUSDT
Binance AEROUSDT
Bybit AEROUSDT
Gate AERO_USDT
MEXC AERO_USDT
KuCoin AEROUSDTM
Bitget AEROUSDT
BingX AERO-USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AERO | +0.0100% | 4h | 0.6983 | −0.295% | $2.0M | $1.7M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6998 | −0.087% | $216K | $2.0M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6997 | −0.102% | $47K | — | 3x | as long as short |
| Deribit AERO_USDC-PERPETUAL | +0.0179% | 1h | 0.7004 | 0.000% | $56K | $11K | 10x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6998 | −0.079% | $20K | $4K | 15x | as long as short |
| BloFin AERO-USDTlong | +0.0340% | 4h | 0.7004 | long leg | $952K | $736K | 25x | |
| 01 Exchange AEROUSD | +0.0472% | 1h | 0.6998 | −0.091% | $190 | $111 | 3x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0511% / S −0.0240% | 1h | 0.6998 | −0.086% | $92K | — | 100x | as long as short |
| RISEx AERO/USDC | +0.0687% | 1h | 0.6998 | −0.086% | $222K | $389K | 3x | as long as short |
| Hyperliquid AERO | +0.0790% | 1h | 0.7018 | +0.200% | $23.7M | $5.0M | 3x | as long as short |
| Backpack AERO_USDC_PERP | +0.1417% | 1h | 0.7015 | +0.160% | $135K | $314K | 15x | as long as short |
| Lighter AERO | +0.1616% | 1h | 0.7015 | +0.158% | $1.3M | $460K | 3x | as long as short |
| Coinbase International AERO-PERP-INTX | +0.3896% | 1h | 0.6999 | −0.071% | $92K | $35K | 25x | as long as short |
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Deribit AERO_USDC-PERPETUAL
Reya AERORUSDPERP
01 Exchange AEROUSD
GMX AERO/USD [ETH-USDC]
RISEx AERO/USDC
Hyperliquid AERO
Backpack AERO_USDC_PERP
Lighter AERO
Coinbase International AERO-PERP-INTX