Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.029%
Price spread now: BloFin against Bitget+0.347%365s7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$600.597% of the position
Funding, last 7 days+0.104%+$10 on $10k
+Price spread, last 3 days (all we have)−0.192%−$19 · spread now +0.347%, 7d avg +0.034%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.313% dearer against Bitget than usual: you sell high and buy low: +$31 more if the spread goes back to its 7-day average of +0.034%. The two prices were read 365 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.104% in total (about 5.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.20 per $10,000. 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 | Bitget AEROUSDT | 0.6910 | 0.0100 | pay 0.0050% / 4h | 2h 43m | $4.1M | $2.0M | 75x |
| Short | BloFin AERO-USDT | 0.6934 | 0.0340 | get 0.0170% / 4h | 2h 43m | $949K | $686K | 25x |
Bitget AEROUSDT
BloFin AERO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- $50.4
- Price spread: +0.347% → +0.034%
- $31.32
- Slippage, 4 orders
- −$35.67
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $22.06
- Costs to cover
- 0.597%
- Break-even
- 3.9 days
Slippage from Bitget: live order book, 5 min ago; BloFin: live order book, 24 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 Bitget live order book, 5 min ago | 2.89 bp | 16.4 bp −$16 | 43.5 bp −$435 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 24 min ago | 4.98 bp | 13.7 bp −$14 | 29.1 bp −$291 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AERO/USDC PERP | +0.0033% | 1h | 0.6902 | −0.116% | $4 | $209K | 5.5x | as long as short |
| Deribit AERO_USDC-PERPETUAL | +0.0039% | 1h | 0.6912 | +0.029% | $55K | $11K | 10x | as long as short |
| Hyperliquid AERO | +0.0100% | 1h | 0.6910 | −0.003% | $23.2M | $5.0M | 3x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6913 | +0.036% | $41K | $113K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6900 | −0.141% | $26.2M | $25.8M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6899 | −0.159% | $22.4M | $19.6M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6900 | −0.145% | $2.3M | $6.6M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6913 | +0.043% | $1.6M | $495K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6914 | +0.058% | $8.2M | $1.7M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6917 | +0.101% | $2.1M | $929K | 50x | as long as short |
Injective AERO/USDC PERP
Deribit AERO_USDC-PERPETUAL
Hyperliquid AERO
Aster AEROUSDT
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 AEROUSDTlong | +0.0100% | 4h | 0.6910 | long leg | $4.1M | $2.0M | 75x | |
| BingX AERO-USDT | +0.0100% | 4h | 0.6909 | −0.014% | — | $1.8M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6913 | +0.050% | $2.0M | $1.3M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6911 | +0.011% | $220K | $2.0M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6909 | −0.011% | $46K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6915 | +0.068% | $19K | $4K | 15x | as long as short |
| BloFin AERO-USDTshort | +0.0340% | 4h | 0.6934 | +0.347% | $949K | $686K | 25x | |
| 01 Exchange AEROUSD | +0.0408% | 1h | 0.6924 | +0.198% | $188 | $111 | 3x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0506% / S −0.0237% | 1h | 0.6912 | +0.027% | $90K | — | 100x | as long as short |
| RISEx AERO/USDC | +0.0660% | 1h | 0.6919 | +0.127% | $208K | $400K | 3x | as long as short |
| Lighter AERO | +0.0680% | 1h | 0.6926 | +0.230% | $1.3M | $473K | 3x | as long as short |
| Backpack AERO_USDC_PERP | +0.1149% | 1h | 0.6915 | +0.078% | $135K | $270K | 15x | as long as short |
| Coinbase International AERO-PERP-INTX | +0.3256% | 1h | 0.7393 | +6.990% | $97K | $38K | 25x | as long as short |
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Reya AERORUSDPERP
01 Exchange AEROUSD
GMX AERO/USD [ETH-USDC]
RISEx AERO/USDC
Lighter AERO
Backpack AERO_USDC_PERP
Coinbase International AERO-PERP-INTX