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: BloFin against Bybit+0.116%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$500.503% of the position
Funding, last 7 days+0.157%+$16 on $10k
+Price spread, last 4 days (all we have)−0.009%−$1 · spread now +0.116%, 7d avg −0.005%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.121% dearer against Bybit than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.005%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.157% in total (about 8.2% 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 | Bybit AEROUSDT | 0.6877 | 0.0100 | pay 0.0050% / 4h | 11m 18s | $22.4M | $18.0M | 25x |
| Short | BloFin AERO-USDT | 0.6885 | 0.0340 | get 0.0170% / 4h | 11m 18s | $938K | $576K | 25x |
Bybit AEROUSDT
BloFin AERO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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: +0.116% → −0.005%
- $12.14
- Slippage, 4 orders
- −$27.31
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $12.24
- Costs to cover
- 0.503%
- Break-even
- 5.3 days
Slippage from Bybit: live order book, 2 min ago; BloFin: live order book, 6 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 Bybit live order book, 2 min ago | 1.45 bp | 11.8 bp −$12 | 32.3 bp −$323 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 6 min ago | 2.90 bp | 14.4 bp −$14 | 32.3 bp −$323 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International AERO-PERP-INTX | −0.0360% | 1h | 0.6893 | +0.233% | $88K | $38K | 25x | as long as short |
| Injective AERO/USDC PERP | +0.0033% | 1h | 0.6902 | +0.364% | $4 | $209K | 5.5x | as long as short |
| Deribit AERO_USDC-PERPETUAL | +0.0041% | 1h | 0.6879 | +0.029% | $55K | $11K | 10x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6884 | +0.107% | $42K | $127K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6880 | +0.049% | $25.9M | $25.1M | 75x | as long as short |
| Bybit AEROUSDTlong | +0.0100% | 4h | 0.6877 | long leg | $22.4M | $18.0M | 25x | |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6882 | +0.073% | $2.3M | $5.9M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6879 | +0.029% | $1.6M | $481K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6880 | +0.044% | $8.4M | $1.4M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6885 | +0.116% | $2.0M | $1.1M | 50x | as long as short |
Coinbase International AERO-PERP-INTX
Injective AERO/USDC PERP
Deribit AERO_USDC-PERPETUAL
Aster AEROUSDT
Binance 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 | 0.6879 | +0.029% | $4.0M | $1.9M | 75x | as long as short |
| BingX AERO-USDT | +0.0100% | 4h | 0.6881 | +0.058% | — | $1.8M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6882 | +0.072% | $2.0M | $1.2M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6877 | +0.005% | $204K | $1.4M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6877 | −0.003% | $46K | — | 3x | as long as short |
| Hyperliquid AERO | +0.0206% | 1h | 0.6891 | +0.196% | $22.7M | $5.4M | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6881 | +0.063% | $19K | $4K | 15x | as long as short |
| BloFin AERO-USDTshort | +0.0340% | 4h | 0.6885 | +0.116% | $938K | $576K | 25x | |
| RISEx AERO/USDC | +0.0416% | 1h | 0.6883 | +0.089% | $207K | $541K | 3x | as long as short |
| 01 Exchange AEROUSD | +0.0472% | 1h | 0.6888 | +0.164% | $187 | $101 | 3x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0518% / S −0.0255% | 1h | 0.6877 | +0.006% | $90K | — | 100x | as long as short |
| Backpack AERO_USDC_PERP | +0.0652% | 1h | 0.6885 | +0.119% | $93K | $260K | 15x | as long as short |
| Lighter AERO | +0.0848% | 1h | 0.6894 | +0.250% | $1.3M | $395K | 3x | as long as short |
Bitget AEROUSDT
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Hyperliquid AERO
Reya AERORUSDPERP
RISEx AERO/USDC
01 Exchange AEROUSD
GMX AERO/USD [ETH-USDC]
Backpack AERO_USDC_PERP
Lighter AERO