Funding you earn now, next payment 00:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.026%
Price spread now: Binance against Injective+1.318%67s7-day average −0.813% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.123%+$12 on $10k
+Price spread, last 3 days (all we have)+2.783%+$278 · spread now +1.318%, 7d avg −0.813%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 2.132% dearer against Injective than usual: you sell high and buy low: +$213 more if the spread goes back to its 7-day average of −0.813%. The two prices were read 67 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 | Injective AERO/USDC PERP | 0.6902 | 0.0033 | pay 0.0004% / 1h | 24m 11s | $4 | $209K | 5.5x |
| Short | Binance AEROUSDT | 0.6993 | 0.0100 | get 0.0050% / 4h | 24m 11s | $26.3M | $26.6M | 75x |
Injective AERO/USDC PERP
Binance AEROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Injective. 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
- $14
- Price spread: +1.318% → −0.813%
- $213.17
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $217.15
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Binance: live order book, 2 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 2 min ago | 0.71 bp | 11.3 bp −$11 | 25.0 bp −$250 | 195.6 bp −$19.6K | doesn't fit |
Injective: 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-PERPETUAL | 0.0000% | 1h | 0.6991 | +1.289% | $55K | $11K | 10x | as long as short |
| Injective AERO/USDC PERPlong | +0.0033% | 1h | 0.6902 | long leg | $4 | $209K | 5.5x | |
| Aster AEROUSDT | +0.0100% | 4h | 0.7001 | +1.440% | $41K | $113K | 10x | as long as short |
| Binance AEROUSDTshort | +0.0100% | 4h | 0.6993 | +1.318% | $26.3M | $26.6M | 75x | |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6991 | +1.289% | $22.7M | $21.8M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6993 | +1.318% | $2.3M | $7.0M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6993 | +1.318% | $1.6M | $537K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6992 | +1.304% | $8.3M | $1.7M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6999 | +1.405% | $2.2M | $940K | 50x | as long as short |
| Bitget AEROUSDT | +0.0100% | 4h | 0.6994 | +1.333% | $4.1M | $2.2M | 75x | as long as short |
Deribit AERO_USDC-PERPETUAL
Aster AEROUSDT
Bybit AEROUSDT
OKX AERO-USDT-SWAP
Gate AERO_USDT
MEXC AERO_USDT
KuCoin AEROUSDTM
Bitget AEROUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX AERO-USDT | +0.0100% | 4h | 0.6994 | +1.333% | — | $1.8M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.7019 | +1.691% | $2.1M | $1.8M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6991 | +1.283% | $217K | $1.3M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6992 | +1.309% | $47K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6993 | +1.318% | $20K | $4K | 15x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.7007 | +1.521% | $944K | $728K | 25x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0512% / S −0.0250% | 1h | 0.6991 | +1.283% | $90K | — | 100x | as long as short |
| Coinbase International AERO-PERP-INTX | +0.0520% | 1h | 0.7295 | +5.694% | $96K | $34K | 25x | as long as short |
| RISEx AERO/USDC | +0.0563% | 1h | 0.6997 | +1.380% | $215K | $403K | 3x | as long as short |
| Hyperliquid AERO | +0.0613% | 1h | 0.7003 | +1.459% | $23.5M | $5.4M | 3x | as long as short |
| 01 Exchange AEROUSD | +0.0672% | 1h | 0.7000 | +1.420% | $190 | $111 | 3x | as long as short |
| Backpack AERO_USDC_PERP | +0.0968% | 1h | 0.6999 | +1.400% | $104K | $317K | 15x | as long as short |
| Lighter AERO | +0.1824% | 1h | 0.7011 | +1.573% | $1.3M | $461K | 3x | as long as short |
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Reya AERORUSDPERP
BloFin AERO-USDT
GMX AERO/USD [ETH-USDC]
Coinbase International AERO-PERP-INTX
RISEx AERO/USDC
Hyperliquid AERO
01 Exchange AEROUSD
Backpack AERO_USDC_PERP
Lighter AERO