Funding you earn now, next payment 01:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.026%
Price spread now: Injective against MEXC−1.117%55s7-day average +0.816% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.131%−$13 on $10k
+Price spread, last 3 days (all we have)−2.971%−$297 · spread now −1.117%, 7d avg +0.816%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 1.934% cheaper against MEXC than usual: you would sell low and buy high (−$193 if the spread goes back to its 7-day average of +0.816%). Swap the legs. The two prices were read 55 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 | MEXC AERO_USDT | 0.6980 | 0.0100 | pay 0.0050% / 4h | 3h 52m | $8.3M | $1.7M | 100x |
| Short | Injective AERO/USDC PERP | 0.6902 | 0.0033 | get 0.0004% / 1h | 52m 16s | $4 | $209K | 5.5x |
MEXC AERO_USDT
Injective AERO/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against MEXC. 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: −1.117% → +0.816%
- −$193.37
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$215.39
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 6 min ago; Injective: no order-book sample. 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 MEXC live order book, 6 min ago | 0.71 bp | 10.7 bp −$11 | 18.6 bp −$186 | 123.1 bp −$12.3K | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AERO/USDC PERPshort | +0.0033% | 1h | 0.6902 | −1.117% | $4 | $209K | 5.5x | |
| Deribit AERO_USDC-PERPETUAL | +0.0037% | 1h | 0.6972 | −0.115% | $55K | $11K | 10x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6983 | +0.044% | $40K | $116K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6972 | −0.115% | $26.3M | $26.8M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6964 | −0.229% | $22.5M | $21.9M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6974 | −0.086% | $2.3M | $7.0M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6975 | −0.072% | $1.6M | $491K | 75x | as long as short |
| MEXC AERO_USDTlong | +0.0100% | 4h | 0.6980 | long leg | $8.3M | $1.7M | 100x | |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6974 | −0.086% | $2.2M | $940K | 50x | as long as short |
| Bitget AEROUSDT | +0.0100% | 4h | 0.6971 | −0.129% | $4.1M | $2.2M | 75x | as long as short |
Deribit AERO_USDC-PERPETUAL
Aster AEROUSDT
Binance AEROUSDT
Bybit AEROUSDT
OKX AERO-USDT-SWAP
Gate 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 | 0.6978 | −0.029% | — | $1.8M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6993 | +0.180% | $2.0M | $1.8M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6971 | −0.128% | $223K | $1.3M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6968 | −0.165% | $47K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6977 | −0.047% | $20K | $4K | 15x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6979 | −0.014% | $938K | $752K | 25x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0511% / S −0.0240% | 1h | 0.6974 | −0.088% | $92K | — | 100x | as long as short |
| 01 Exchange AEROUSD | +0.0544% | 1h | 0.6991 | +0.155% | $189 | $111 | 3x | as long as short |
| RISEx AERO/USDC | +0.0687% | 1h | 0.6981 | +0.009% | $222K | $406K | 3x | as long as short |
| Hyperliquid AERO | +0.0786% | 1h | 0.6989 | +0.129% | $23.5M | $5.3M | 3x | as long as short |
| Backpack AERO_USDC_PERP | +0.1307% | 1h | 0.6989 | +0.130% | $134K | $330K | 15x | as long as short |
| Lighter AERO | +0.1672% | 1h | 0.6990 | +0.143% | $1.3M | $430K | 3x | as long as short |
| Coinbase International AERO-PERP-INTX | +0.3896% | 1h | 0.7454 | +6.791% | $98K | $36K | 25x | as long as short |
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Reya AERORUSDPERP
BloFin AERO-USDT
GMX AERO/USD [ETH-USDC]
01 Exchange AEROUSD
RISEx AERO/USDC
Hyperliquid AERO
Backpack AERO_USDC_PERP
Lighter AERO
Coinbase International AERO-PERP-INTX