Funding you earn now, next payment 07:00 UTC+0.0060%/8h= +6.6% APRpaid last 24h +0.041%
Price spread now: OKX against Deribit+0.087%46s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and OKX is 0.087% dearer against Deribit than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit AERO_USDC-PERPETUAL | 0.6893 | 0.0040 | pay 0.0005% / 1h | 17m 26s | $55K | $11K | 10x |
| Short | OKX AERO-USDT-SWAP | 0.6899 | 0.0100 | get 0.0050% / 4h | 1h 17m | $2.3M | $5.9M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Deribit. 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
- $12.6
- Price spread: +0.087% → 0.000%
- $8.7
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $4.3
- Costs to cover
- 0.170%
- Break-even
- 4.6 days
Slippage unknown: Deribit: no order-book sample; OKX: live order book, 5 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 Deribit no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 5 min ago | 0.73 bp | 13.0 bp −$13 | 43.3 bp −$433 | doesn't fit | doesn't fit |
Deribit: 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International AERO-PERP-INTX | −0.1896% | 1h | 0.6404 | −7.094% | $82K | $35K | 25x | as long as short |
| Injective AERO/USDC PERP | +0.0033% | 1h | 0.6902 | +0.131% | $4 | $209K | 5.5x | as long as short |
| Deribit AERO_USDC-PERPETUALlong | +0.0040% | 1h | 0.6893 | long leg | $55K | $11K | 10x | |
| Aster AEROUSDT | +0.0100% | 4h | 0.6901 | +0.116% | $42K | $128K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6898 | +0.067% | $26.0M | $25.4M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6898 | +0.073% | $22.5M | $18.2M | 25x | as long as short |
| OKX AERO-USDT-SWAPshort | +0.0100% | 4h | 0.6899 | +0.087% | $2.3M | $5.9M | 20x | |
| Gate AERO_USDT | +0.0100% | 4h | 0.6897 | +0.058% | $1.6M | $476K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6898 | +0.073% | $8.4M | $1.4M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6901 | +0.116% | $2.0M | $1.1M | 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 | 0.6895 | +0.029% | $4.0M | $1.9M | 75x | as long as short |
| BingX AERO-USDT | +0.0100% | 4h | 0.6898 | +0.073% | — | $1.8M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6885 | −0.112% | $2.0M | $1.2M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6893 | +0.004% | $203K | $1.4M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6886 | −0.095% | $46K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6895 | +0.028% | $19K | $4K | 15x | as long as short |
| Hyperliquid AERO | +0.0237% | 1h | 0.6899 | +0.087% | $22.7M | $5.3M | 3x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6893 | 0.000% | $935K | $582K | 25x | as long as short |
| 01 Exchange AEROUSD | +0.0400% | 1h | 0.6905 | +0.170% | $187 | $101 | 3x | as long as short |
| RISEx AERO/USDC | +0.0491% | 1h | 0.6898 | +0.076% | $202K | $528K | 3x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0506% / S −0.0246% | 1h | 0.6891 | −0.026% | $88K | — | 100x | as long as short |
| Backpack AERO_USDC_PERP | +0.0690% | 1h | 0.6899 | +0.094% | $94K | $260K | 15x | as long as short |
| Lighter AERO | +0.0848% | 1h | 0.6908 | +0.212% | $1.3M | $499K | 3x | as long as short |
Deribit AERO_USDC-PERPETUAL
OKX AERO-USDT-SWAP
Coinbase International AERO-PERP-INTX
Injective AERO/USDC PERP
Aster AEROUSDT
Binance AEROUSDT
Bybit AEROUSDT
Gate AERO_USDT
MEXC AERO_USDT
KuCoin AEROUSDTM
Bitget AEROUSDT
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Hyperliquid AERO
BloFin AERO-USDT
01 Exchange AEROUSD
RISEx AERO/USDC
GMX AERO/USD [ETH-USDC]
Backpack AERO_USDC_PERP
Lighter AERO