Funding you earn now, next payment 00:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.026%
Price spread now: MEXC against Injective+1.550%55s7-day average −0.816% · 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)+2.539%+$254 · spread now +1.550%, 7d avg −0.816%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and MEXC is 2.367% dearer against Injective than usual: you sell high and buy low: +$237 more if the spread goes back to its 7-day average of −0.816%. 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 | Injective AERO/USDC PERP | 0.6902 | 0.0033 | pay 0.0004% / 1h | 46m 25s | $4 | $209K | 5.5x |
| Short | MEXC AERO_USDT | 0.7009 | 0.0100 | get 0.0050% / 4h | 46m 25s | $8.4M | $1.7M | 100x |
Injective AERO/USDC PERP
MEXC AERO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +1.550% → −0.816%
- $236.65
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- $242.63
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; MEXC: live order book, 1 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 MEXC live order book, 1 min ago | 2.14 bp | 9.3 bp −$9 | 28.3 bp −$283 | 122.5 bp −$12.2K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AERO/USDC PERPlong | +0.0033% | 1h | 0.6902 | long leg | $4 | $209K | 5.5x | |
| Aster AEROUSDT | +0.0100% | 4h | 0.7008 | +1.536% | $40K | $111K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.7012 | +1.592% | $26.2M | $25.9M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.7010 | +1.565% | $22.5M | $21.1M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.7015 | +1.637% | $2.3M | $6.9M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.7005 | +1.492% | $1.6M | $527K | 75x | as long as short |
| MEXC AERO_USDTshort | +0.0100% | 4h | 0.7009 | +1.550% | $8.4M | $1.7M | 100x | |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.7006 | +1.507% | $2.2M | $918K | 50x | as long as short |
| Bitget AEROUSDT | +0.0100% | 4h | 0.7007 | +1.521% | $4.1M | $2.1M | 75x | as long as short |
| BingX AERO-USDT | +0.0100% | 4h | 0.7007 | +1.521% | — | $1.8M | — | as long as short |
Aster AEROUSDT
Binance AEROUSDT
Bybit AEROUSDT
OKX AERO-USDT-SWAP
Gate AERO_USDT
KuCoin AEROUSDTM
Bitget AEROUSDT
BingX AERO-USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AERO | +0.0100% | 4h | 0.6986 | +1.219% | $2.0M | $1.7M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.7007 | +1.521% | $217K | $1.3M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.7010 | +1.572% | $47K | — | 3x | as long as short |
| Deribit AERO_USDC-PERPETUAL | +0.0179% | 1h | 0.6995 | +1.347% | $56K | $11K | 10x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.7009 | +1.548% | $20K | $4K | 15x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6994 | +1.333% | $924K | $711K | 25x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0511% / S −0.0250% | 1h | 0.7009 | +1.546% | $90K | — | 100x | as long as short |
| Coinbase International AERO-PERP-INTX | +0.0520% | 1h | 0.7492 | +8.548% | $99K | $35K | 25x | as long as short |
| Hyperliquid AERO | +0.0546% | 1h | 0.7017 | +1.673% | $23.6M | $5.4M | 3x | as long as short |
| RISEx AERO/USDC | +0.0563% | 1h | 0.7012 | +1.599% | $253K | $386K | 3x | as long as short |
| 01 Exchange AEROUSD | +0.0808% | 1h | 0.7016 | +1.655% | $190 | $111 | 3x | as long as short |
| Backpack AERO_USDC_PERP | +0.1104% | 1h | 0.7007 | +1.518% | $103K | $315K | 15x | as long as short |
| Lighter AERO | +0.1912% | 1h | 0.7021 | +1.726% | $1.3M | $459K | 3x | as long as short |
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Deribit AERO_USDC-PERPETUAL
Reya AERORUSDPERP
BloFin AERO-USDT
GMX AERO/USD [ETH-USDC]
Coinbase International AERO-PERP-INTX
Hyperliquid AERO
RISEx AERO/USDC
01 Exchange AEROUSD
Backpack AERO_USDC_PERP
Lighter AERO