Funding you earn now, next payment 03:00 UTC−0.6556%/8h= −717.9% APRpaid last 24h −0.686%
Price spread now: Binance against Coinbase International−0.072%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−4.589%−$459 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$197 a day on $10k at the current rate, and Binance is 0.072% cheaper against Coinbase International than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -4.589% in total (about -239.3% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International AERO-PERP-INTX | 0.6932 | 0.6656 | pay 0.0832% / 1h | 17m 07s | $90K | $35K | 25x |
| Short | Binance AEROUSDT | 0.6927 | 0.0100 | get 0.0050% / 4h | 17m 07s | $26.4M | $24.8M | 75x |
Coinbase International AERO-PERP-INTX
Binance AEROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Coinbase International. 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
- −$1,376.76
- Price spread: −0.072% → 0.000%
- −$7.21
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$1,403.97
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; Binance: live order book, 9 min ago. Net counts fees only.
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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 9 min ago | 1.45 bp | 15.3 bp −$15 | 32.5 bp −$325 | 275.2 bp −$27.5K | doesn't fit |
Coinbase International: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.433% | $4 | $209K | 5.5x | as long as short |
| Hyperliquid AERO | +0.0100% | 1h | 0.6926 | −0.079% | $23.1M | $5.1M | 3x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6919 | −0.188% | $40K | $118K | 10x | as long as short |
| Binance AEROUSDTshort | +0.0100% | 4h | 0.6927 | −0.072% | $26.4M | $24.8M | 75x | |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6920 | −0.173% | $22.5M | $18.1M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6927 | −0.072% | $2.3M | $5.9M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6915 | −0.245% | $1.6M | $464K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6926 | −0.087% | $8.3M | $1.5M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6919 | −0.188% | $2.1M | $929K | 50x | as long as short |
| Bitget AEROUSDT | +0.0100% | 4h | 0.6921 | −0.159% | $4.1M | $1.8M | 75x | as long as short |
Injective AERO/USDC PERP
Hyperliquid AERO
Aster AEROUSDT
Bybit 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 | 0.6919 | −0.188% | — | $1.7M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6906 | −0.372% | $2.0M | $1.2M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6922 | −0.145% | $210K | $2.0M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6912 | −0.288% | $46K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6921 | −0.157% | $19K | $4K | 15x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6916 | −0.231% | $948K | $583K | 25x | as long as short |
| 01 Exchange AEROUSD | +0.0504% | 1h | 0.6935 | +0.039% | $188 | $101 | 3x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0508% / S −0.0237% | 1h | 0.6919 | −0.187% | $90K | — | 100x | as long as short |
| Deribit AERO_USDC-PERPETUAL | +0.0617% | 1h | 0.6926 | −0.087% | $55K | $11K | 10x | as long as short |
| RISEx AERO/USDC | +0.0677% | 1h | 0.6924 | −0.118% | $230K | $446K | 3x | as long as short |
| Lighter AERO | +0.0888% | 1h | 0.6938 | +0.084% | $1.3M | $487K | 3x | as long as short |
| Backpack AERO_USDC_PERP | +0.0952% | 1h | 0.6931 | −0.020% | $115K | $291K | 15x | as long as short |
| Coinbase International AERO-PERP-INTXlong | +0.6656% | 1h | 0.6932 | long leg | $90K | $35K | 25x |
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Reya AERORUSDPERP
BloFin AERO-USDT
01 Exchange AEROUSD
GMX AERO/USD [ETH-USDC]
Deribit AERO_USDC-PERPETUAL
RISEx AERO/USDC
Lighter AERO
Backpack AERO_USDC_PERP