Funding you earn now, next payment 22:00 UTC−0.0431%/8h= −47.2% APRpaid last 24h −0.044%
Price spread now: Deribit against Bybit−0.029%55s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Deribit is 0.029% cheaper against Bybit than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AEROUSDT | 0.6883 | 0.0100 | pay 0.0050% / 4h | 1h 59m | $21.9M | $20.7M | 25x |
| Short | Deribit AERO_USDC-PERPETUAL | 0.6881 | −0.0331 | pay 0.0041% / 1h | 59m 26s | $55K | $11K | 10x |
Bybit AEROUSDT
Deribit AERO_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$90.51
- Price spread: −0.029% → 0.000%
- −$2.91
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$111.42
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 4 min ago; Deribit: no order-book sample. Net counts fees only.
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, 4 min ago | 0.73 bp | 11.6 bp −$12 | 33.7 bp −$337 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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-PERPETUALshort | −0.0331% | 1h | 0.6881 | −0.029% | $55K | $11K | 10x | |
| Injective AERO/USDC PERP | +0.0052% | 1h | 0.6902 | +0.276% | $4 | $209K | 5.5x | as long as short |
| Hyperliquid AERO | +0.0100% | 1h | 0.6884 | +0.020% | $23.1M | $5.7M | 3x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6884 | +0.011% | $39K | $109K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6879 | −0.055% | $25.5M | $25.7M | 75x | as long as short |
| Bybit AEROUSDTlong | +0.0100% | 4h | 0.6883 | long leg | $21.9M | $20.7M | 25x | |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6885 | +0.029% | $2.3M | $6.8M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6879 | −0.058% | $1.6M | $522K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6877 | −0.087% | $8.1M | $1.6M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6882 | −0.015% | $2.2M | $839K | 50x | as long as short |
Injective AERO/USDC PERP
Hyperliquid AERO
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 | 0.6881 | −0.029% | $4.1M | $2.2M | 75x | as long as short |
| BingX AERO-USDT | +0.0100% | 4h | 0.6879 | −0.058% | — | $1.8M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6884 | +0.011% | $1.9M | $1.7M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6874 | −0.126% | $201K | $1.3M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6895 | +0.170% | $46K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6880 | −0.041% | $19K | $4K | 15x | as long as short |
| 01 Exchange AEROUSD | +0.0248% | 1h | 0.6883 | +0.006% | $187 | $115 | 3x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6881 | −0.029% | $914K | $693K | 25x | as long as short |
| Backpack AERO_USDC_PERP | +0.0431% | 1h | 0.6889 | +0.090% | $102K | $313K | 15x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0502% / S −0.0223% | 1h | 0.6882 | −0.019% | $92K | — | 100x | as long as short |
| RISEx AERO/USDC | +0.0676% | 1h | 0.6880 | −0.049% | $213K | $379K | 3x | as long as short |
| Lighter AERO | +0.0920% | 1h | 0.6897 | +0.202% | $1.3M | $464K | 3x | as long as short |
| Coinbase International AERO-PERP-INTX | +0.1488% | 1h | 0.6979 | +1.395% | $93K | $33K | 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
Backpack AERO_USDC_PERP
GMX AERO/USD [ETH-USDC]
RISEx AERO/USDC
Lighter AERO
Coinbase International AERO-PERP-INTX