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: BloFin against Bybit−0.218%112s7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as 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−$470.466% of the position
Funding, last 7 days+0.156%+$16 on $10k
+Price spread, last 4 days (all we have)+0.540%+$54 · spread now −0.218%, 7d avg −0.002%
=Funding pays, the price is against you. BloFin is 0.216% cheaper against Bybit than usual: you would sell low and buy high (spread −0.218% now, against its 7-day average of −0.002%). If the spread goes back, that is −$22 on $10k: about 3.0 days of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.156% in total) that is about 9.7 days. The two prices were read 112 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 0.156% in total (about 8.1% 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 | Bybit AEROUSDT | 0.6872 | 0.0100 | pay 0.0050% / 4h | 39m 28s | $22.3M | $18.2M | 25x |
| Short | BloFin AERO-USDT | 0.6857 | 0.0340 | get 0.0170% / 4h | 39m 28s | $939K | $580K | 25x |
Bybit AEROUSDT
BloFin AERO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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: −0.218% → −0.002%
- −$21.62
- Slippage, 4 orders
- −$23.59
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$17.8
- Costs to cover
- 0.466%
- Break-even
- 9.5 days
Slippage from Bybit: live order book, 4 min ago; BloFin: live order book, 63 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 Bybit live order book, 4 min ago | 0.73 bp | 11.3 bp −$11 | 36.4 bp −$364 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 63 min ago | 2.90 bp | 9.3 bp −$9 | 20.4 bp −$204 | 110.6 bp −$11.1K | 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 | +0.437% | $4 | $209K | 5.5x | as long as short |
| Hyperliquid AERO | +0.0100% | 1h | 0.6876 | +0.061% | $23.0M | $5.0M | 3x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6883 | +0.160% | $40K | $116K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6878 | +0.087% | $26.1M | $24.8M | 75x | as long as short |
| Bybit AEROUSDTlong | +0.0100% | 4h | 0.6872 | long leg | $22.3M | $18.2M | 25x | |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6873 | +0.015% | $2.3M | $5.8M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6876 | +0.058% | $1.6M | $460K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6876 | +0.058% | $8.2M | $1.5M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6883 | +0.160% | $2.1M | $929K | 50x | as long as short |
| Bitget AEROUSDT | +0.0100% | 4h | 0.6876 | +0.058% | $4.0M | $1.8M | 75x | as long as short |
Injective AERO/USDC PERP
Hyperliquid AERO
Aster AEROUSDT
Binance AEROUSDT
OKX AERO-USDT-SWAP
Gate AERO_USDT
MEXC AERO_USDT
KuCoin AEROUSDTM
Bitget AEROUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX AERO-USDT | +0.0100% | 4h | 0.6876 | +0.058% | — | $1.7M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6870 | −0.026% | $2.0M | $1.2M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6872 | +0.004% | $208K | $2.0M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6882 | +0.149% | $46K | — | 3x | as long as short |
| Deribit AERO_USDC-PERPETUAL | +0.0186% | 1h | 0.6879 | +0.102% | $55K | $11K | 10x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6874 | +0.024% | $19K | $4K | 15x | as long as short |
| BloFin AERO-USDTshort | +0.0340% | 4h | 0.6857 | −0.218% | $939K | $580K | 25x | |
| 01 Exchange AEROUSD | +0.0344% | 1h | 0.6880 | +0.114% | $186 | $101 | 3x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0506% / S −0.0237% | 1h | 0.6872 | +0.001% | $89K | — | 100x | as long as short |
| RISEx AERO/USDC | +0.0677% | 1h | 0.6876 | +0.057% | $209K | $438K | 3x | as long as short |
| Lighter AERO | +0.0760% | 1h | 0.6893 | +0.310% | $1.3M | $484K | 3x | as long as short |
| Backpack AERO_USDC_PERP | +0.0855% | 1h | 0.6885 | +0.183% | $113K | $292K | 15x | as long as short |
| Coinbase International AERO-PERP-INTX | +0.6656% | 1h | 0.6869 | −0.044% | $90K | $35K | 25x | as long as short |
BingX AERO-USDT
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
Lighter AERO
Backpack AERO_USDC_PERP
Coinbase International AERO-PERP-INTX