AERO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.053%

Price spread now: MEXC against BloFin−0.146%109s7-day average +0.028% · you buy dearer than you sell

Net, funding: paid 7d − costs−$60as 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−$470.468% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.132%−$13 on $10k

Price spread, last 4 days (all we have)−0.023%−$2 · spread now −0.146%, 7d avg +0.028%

Together, before fees−0.155%−$16 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 MEXC is 0.173% cheaper against BloFin than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.028%). Swap the legs. The two prices were read 109 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 -0.132% in total (about -6.9% 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	0.6872	0.0340	pay 0.0170% / 4h	1h 53m	$892K	$596K	25x
Short	MEXC AERO_USDT	0.6862	0.0100	get 0.0050% / 4h	1h 53m	$8.4M	$1.4M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.146%Rate

Funding earned: −$50.4
Price spread: −0.146% → +0.028%: −$17.31
Slippage, 4 orders: −$26.8
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$114.51
Costs to cover: 0.468%
Break-even: never at this rate

Slippage from BloFin: live order book, 34 min ago; MEXC: live order book, 4 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, 34 min ago	5.16 bp	13.2 bp −$13	23.1 bp −$231	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	0.73 bp	8.5 bp −$9	14.6 bp −$146	90.8 bp −$9,084	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
Coinbase International AERO-PERP-INTX	−0.1896%	1h	0.6871	−0.015%	$89K	$35K	25x	as long as short
Injective AERO/USDC PERP	+0.0033%	1h	0.6902	+0.437%	$4	$209K	5.5x	as long as short
Deribit AERO_USDC-PERPETUAL	+0.0041%	1h	0.6864	−0.116%	$54K	$11K	10x	as long as short
Aster AEROUSDT	+0.0100%	4h	0.6863	−0.130%	$42K	$125K	10x	as long as short
Binance AEROUSDT	+0.0100%	4h	0.6860	−0.170%	$25.9M	$25.3M	75x	as long as short
Bybit AEROUSDT	+0.0100%	4h	0.6860	−0.175%	$22.4M	$18.2M	25x	as long as short
OKX AERO-USDT-SWAP	+0.0100%	4h	0.6865	−0.102%	$2.3M	$5.9M	20x	as long as short
Gate AERO_USDT	+0.0100%	4h	0.6859	−0.189%	$1.6M	$471K	75x	as long as short
MEXC AERO_USDTshort	+0.0100%	4h	0.6862	−0.146%	$8.4M	$1.4M	100x
KuCoin AEROUSDTM	+0.0100%	4h	0.6865	−0.102%	$2.0M	$1.1M	50x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget AEROUSDT	+0.0100%	4h	0.6862	−0.146%	$4.0M	$1.8M	75x	as long as short
BingX AERO-USDT	+0.0100%	4h	0.6864	−0.116%	—	$1.8M	—	as long as short
Variational Omni AERO	+0.0100%	4h	0.6869	−0.047%	$2.0M	$1.2M	—	as long as short
Extended AERO-USD	+0.0104%	1h	0.6861	−0.165%	$203K	$1.4M	10x	as long as short
Aevo AERO-PERP	+0.0104%	1h	0.6862	−0.146%	$46K	—	3x	as long as short
Hyperliquid AERO	+0.0219%	1h	0.6868	−0.058%	$22.7M	$5.3M	3x	as long as short
Reya AERORUSDPERP	+0.0228%	1h	0.6859	−0.187%	$19K	$4K	15x	as long as short
BloFin AERO-USDTlong	+0.0340%	4h	0.6872	long leg	$892K	$596K	25x
01 Exchange AEROUSD	+0.0408%	1h	0.6868	−0.060%	$186	$101	3x	as long as short
RISEx AERO/USDC	+0.0491%	1h	0.6863	−0.131%	$199K	$518K	3x	as long as short
GMX AERO/USD [ETH-USDC]	L +0.0506% / S −0.0246%	1h	0.6861	−0.155%	$88K	—	100x	as long as short
Backpack AERO_USDC_PERP	+0.0658%	1h	0.6868	−0.054%	$94K	$260K	15x	as long as short
Lighter AERO	+0.0968%	1h	0.6879	+0.097%	$1.3M	$498K	3x	as long as short