Funding you earn now, next payment 04:00 UTC−0.0736%/8h= −80.6% APRpaid last 24h −0.108%
Price spread now: Aster against Backpack−0.009%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$560.556% of the position
Funding, last 5 days (all we have)−0.333%−$33 on $10k
+Price spread, last 4 days (all we have)−0.066%−$7 · spread now −0.009%, 7d avg −0.022%
=Together, before fees−0.399%+ Points / potential airdropAster: Stage 5 · farm board−$40 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.022%, so right now this pair is about funding alone: −$22 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.333% in total (about -22.3% 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 | Backpack AERO_USDC_PERP | 0.6869 | 0.0836 | pay 0.0104% / 1h | 48m 12s | $112K | $292K | 15x |
| Short | Aster AEROUSDT | 0.6868 | 0.0100 | get 0.0050% / 4h | 48m 12s | $39K | $116K | 10x |
Backpack AERO_USDC_PERP
Aster AEROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Backpack. 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
- −$154.55
- Price spread: −0.009% → −0.022%
- $1.34
- Slippage, 4 orders
- −$37.63
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$208.84
- Costs to cover
- 0.556%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 10 min ago; Aster: live order book, 8 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 Backpack live order book, 10 min ago | 0.07 bp | 5.3 bp −$5 | 147.1 bp −$1,471 | doesn't fit | doesn't fit |
| Sell Aster live order book, 8 min ago | 4.34 bp | 26.4 bp −$26 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit AERO_USDC-PERPETUAL | 0.0000% | 1h | 0.6862 | −0.100% | $54K | $11K | 10x | as long as short |
| Injective AERO/USDC PERP | +0.0033% | 1h | 0.6902 | +0.482% | $4 | $209K | 5.5x | as long as short |
| Hyperliquid AERO | +0.0100% | 1h | 0.6862 | −0.098% | $23.1M | $5.1M | 3x | as long as short |
| Aster AEROUSDTshort | +0.0100% | 4h | 0.6868 | −0.009% | $39K | $116K | 10x | |
| Binance AEROUSDT | +0.0100% | 4h | 0.6862 | −0.101% | $26.0M | $24.8M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6860 | −0.130% | $22.3M | $18.3M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6865 | −0.057% | $2.3M | $5.8M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6862 | −0.100% | $1.6M | $458K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6861 | −0.115% | $8.2M | $1.5M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6862 | −0.100% | $2.1M | $929K | 50x | as long as short |
Deribit AERO_USDC-PERPETUAL
Injective AERO/USDC PERP
Hyperliquid AERO
Binance 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 | 0.6862 | −0.100% | $4.0M | $1.8M | 75x | as long as short |
| BingX AERO-USDT | +0.0100% | 4h | 0.6862 | −0.100% | — | $1.7M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6876 | +0.108% | $2.0M | $1.2M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6861 | −0.120% | $208K | $2.0M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6866 | −0.041% | $46K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6862 | −0.096% | $19K | $4K | 15x | as long as short |
| 01 Exchange AEROUSD | +0.0312% | 1h | 0.6874 | +0.067% | $186 | $101 | 3x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6861 | −0.115% | $937K | $603K | 25x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0506% / S −0.0237% | 1h | 0.6863 | −0.093% | $89K | — | 100x | as long as short |
| RISEx AERO/USDC | +0.0677% | 1h | 0.6869 | +0.009% | $198K | $430K | 3x | as long as short |
| Lighter AERO | +0.0728% | 1h | 0.6874 | +0.077% | $1.3M | $483K | 3x | as long as short |
| Backpack AERO_USDC_PERPlong | +0.0836% | 1h | 0.6869 | long leg | $112K | $292K | 15x | |
| Coinbase International AERO-PERP-INTX | +0.6656% | 1h | 0.6877 | +0.118% | $90K | $36K | 25x | as long as short |
Bitget AEROUSDT
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Reya AERORUSDPERP
01 Exchange AEROUSD
BloFin AERO-USDT
GMX AERO/USD [ETH-USDC]
RISEx AERO/USDC
Lighter AERO
Coinbase International AERO-PERP-INTX