AERO

Alert: funding

Alert: spread

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: Binance against BloFin−0.294%7-day average +0.020% · you buy dearer than you sell

Net, funding: paid 7d − costs−$64as in the Funding arb table

Net, price: spread back to 7d avg − costs−$82as in the Price arb table

costs, in and out, $10k−$510.511% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.124%−$12 on $10k

Price spread, last 4 days (all we have)−0.438%−$44 · spread now −0.294%, 7d avg +0.020%

Together, before fees−0.563%−$56 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Binance is 0.313% cheaper against BloFin than usual: you would sell low and buy high (−$31 if the spread goes back to its 7-day average of +0.020%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.124% in total (about -6.5% 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	BloFin AERO-USDT	0.6914	0.0340	pay 0.0170% / 4h	1h 06m	$945K	$612K	25x
Short	Binance AEROUSDT	0.6894	0.0100	get 0.0050% / 4h	1h 06m	$26.1M	$24.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee BinancebpOrdersPrice spread, now −0.294%Rate

Funding earned: −$50.4
Price spread: −0.294% → +0.020%: −$31.34
Slippage, 4 orders: −$29.11
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$132.86
Costs to cover: 0.511%
Break-even: never at this rate

Slippage from BloFin: live order book, 36 min ago; Binance: live order book, 5 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 BloFin live order book, 36 min ago	2.90 bp	12.3 bp −$12	32.2 bp −$322	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	0.72 bp	17.7 bp −$18	34.1 bp −$341	272.9 bp −$27.3K	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	0.6901	−0.188%	$55K	$11K	10x	as long as short
Injective AERO/USDC PERP	+0.0033%	1h	0.6902	−0.174%	$4	$209K	5.5x	as long as short
Aster AEROUSDT	+0.0100%	4h	0.6904	−0.145%	$39K	$116K	10x	as long as short
Binance AEROUSDTshort	+0.0100%	4h	0.6894	−0.294%	$26.1M	$24.8M	75x
Bybit AEROUSDT	+0.0100%	4h	0.6889	−0.362%	$22.4M	$18.4M	25x	as long as short
OKX AERO-USDT-SWAP	+0.0100%	4h	0.6894	−0.289%	$2.3M	$5.9M	20x	as long as short
Gate AERO_USDT	+0.0100%	4h	0.6895	−0.275%	$1.6M	$487K	75x	as long as short
MEXC AERO_USDT	+0.0100%	4h	0.6895	−0.275%	$8.3M	$1.6M	100x	as long as short
KuCoin AEROUSDTM	+0.0100%	4h	0.6900	−0.202%	$2.1M	$931K	50x	as long as short
Bitget AEROUSDT	+0.0100%	4h	0.6890	−0.347%	$4.0M	$1.9M	75x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX AERO-USDT	+0.0100%	4h	0.6895	−0.275%	—	$1.7M	—	as long as short
Variational Omni AERO	+0.0100%	4h	0.6912	−0.034%	$2.0M	$1.3M	—	as long as short
Extended AERO-USD	+0.0104%	1h	0.6888	−0.380%	$210K	$2.0M	10x	as long as short
Aevo AERO-PERP	+0.0104%	1h	0.6898	−0.231%	$46K	—	3x	as long as short
Reya AERORUSDPERP	+0.0228%	1h	0.6900	−0.203%	$19K	$4K	15x	as long as short
BloFin AERO-USDTlong	+0.0340%	4h	0.6914	long leg	$945K	$612K	25x
Hyperliquid AERO	+0.0401%	1h	0.6905	−0.137%	$23.2M	$5.1M	3x	as long as short
01 Exchange AEROUSD	+0.0488%	1h	0.6893	−0.307%	$187	$101	3x	as long as short
GMX AERO/USD [ETH-USDC]	L +0.0506% / S −0.0237%	1h	0.6899	−0.213%	$90K	—	100x	as long as short
RISEx AERO/USDC	+0.0540%	1h	0.6889	−0.366%	$229K	$415K	3x	as long as short
Backpack AERO_USDC_PERP	+0.1052%	1h	0.6907	−0.098%	$113K	$292K	15x	as long as short
Lighter AERO	+0.1336%	1h	0.6910	−0.062%	$1.3M	$502K	3x	as long as short
Coinbase International AERO-PERP-INTX	+1.0840%	1h	0.6933	+0.275%	$91K	$36K	25x	as long as short