Funding you earn now, next payment 06:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.023%
Price spread now: Binance against Injective−1.732%7-day average −0.728% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.136%+$14 on $10k
+Price spread, last 4 days (all we have)+5.833%+$583 · spread now −1.732%, 7d avg −0.728%
=Funding pays, the price is against you. Binance is 1.005% cheaper against Injective than usual: you would sell low and buy high (spread −1.732% now, against its 7-day average of −0.728%). If the spread goes back, that is −$100 on $10k: about 50 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective AERO/USDC PERP | 0.6902 | 0.0033 | pay 0.0004% / 1h | 27m 16s | $4 | $209K | 5.5x |
| Short | Binance AEROUSDT | 0.6782 | 0.0100 | get 0.0050% / 4h | 2h 27m | $25.6M | $25.1M | 75x |
Injective AERO/USDC PERP
Binance AEROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Injective. 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
- $14
- Price spread: −1.732% → −0.728%
- −$100.46
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$96.48
- Costs to cover
- 0.100%
- Break-even
- 55.2 days
Slippage unknown: Injective: no order-book sample; Binance: live order book, 14 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 Injective no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 14 min ago | 1.47 bp | 15.2 bp −$15 | 35.5 bp −$355 | 273.9 bp −$27.4K | doesn't fit |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit AERO_USDC-PERPETUAL | 0.0000% | 1h | 0.6780 | −1.768% | $54K | $11K | 10x | as long as short |
| Injective AERO/USDC PERPlong | +0.0033% | 1h | 0.6902 | long leg | $4 | $209K | 5.5x | |
| Hyperliquid AERO | +0.0100% | 1h | 0.6784 | −1.710% | $22.4M | $5.3M | 3x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6786 | −1.677% | $40K | $124K | 10x | as long as short |
| Binance AEROUSDTshort | +0.0100% | 4h | 0.6782 | −1.732% | $25.6M | $25.1M | 75x | |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6782 | −1.739% | $22.0M | $18.1M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6785 | −1.695% | $2.2M | $5.8M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6782 | −1.739% | $1.6M | $473K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6782 | −1.739% | $8.3M | $1.6M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6782 | −1.739% | $2.2M | $1.1M | 50x | as long as short |
Deribit AERO_USDC-PERPETUAL
Hyperliquid AERO
Aster AEROUSDT
Bybit AEROUSDT
OKX AERO-USDT-SWAP
Gate AERO_USDT
MEXC AERO_USDT
KuCoin AEROUSDTMShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AEROUSDT | +0.0100% | 4h | 0.6773 | −1.869% | $3.9M | $1.8M | 75x | as long as short |
| BingX AERO-USDT | +0.0100% | 4h | 0.6780 | −1.768% | — | $1.8M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6783 | −1.718% | $1.9M | $1.2M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6779 | −1.781% | $200K | $1.4M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6780 | −1.764% | $46K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6779 | −1.775% | $19K | $4K | 15x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6787 | −1.666% | $925K | $588K | 25x | as long as short |
| 01 Exchange AEROUSD | +0.0352% | 1h | 0.6786 | −1.678% | $184 | $101 | 3x | as long as short |
| Backpack AERO_USDC_PERP | +0.0367% | 1h | 0.6785 | −1.688% | $92K | $260K | 15x | as long as short |
| RISEx AERO/USDC | +0.0382% | 1h | 0.6781 | −1.755% | $196K | $489K | 3x | as long as short |
| Lighter AERO | +0.0408% | 1h | 0.6794 | −1.568% | $1.3M | $507K | 3x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0504% / S −0.0237% | 1h | 0.6779 | −1.786% | $88K | — | 100x | as long as short |
| Coinbase International AERO-PERP-INTX | +0.1984% | 1h | 0.6791 | −1.608% | $88K | $34K | 25x | as long as short |
Bitget AEROUSDT
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Reya AERORUSDPERP
BloFin AERO-USDT
01 Exchange AEROUSD
Backpack AERO_USDC_PERP
RISEx AERO/USDC
Lighter AERO
GMX AERO/USD [ETH-USDC]
Coinbase International AERO-PERP-INTX