Funding you earn now, next payment 05:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.023%
Price spread now: Injective against OKX+0.232%108s7-day average +0.717% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.148%−$15 on $10k
+Price spread, last 4 days (all we have)−5.368%−$537 · spread now +0.232%, 7d avg +0.717%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 0.484% cheaper against OKX than usual: you would sell low and buy high (−$48 if the spread goes back to its 7-day average of +0.717%). Swap the legs. The two prices were read 108 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 | OKX AERO-USDT-SWAP | 0.6886 | 0.0100 | pay 0.0050% / 4h | 3h 21m | $2.3M | $5.8M | 20x |
| Short | Injective AERO/USDC PERP | 0.6902 | 0.0033 | get 0.0004% / 1h | 21m 35s | $4 | $209K | 5.5x |
OKX AERO-USDT-SWAP
Injective AERO/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against OKX. 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: +0.232% → +0.717%
- −$48.42
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$72.44
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 1 min ago; Injective: 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 OKX live order book, 1 min ago | 2.19 bp | 17.0 bp −$17 | 48.8 bp −$488 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 | 0.6864 | −0.319% | $54K | $11K | 10x | as long as short |
| Injective AERO/USDC PERPshort | +0.0033% | 1h | 0.6902 | +0.232% | $4 | $209K | 5.5x | |
| Hyperliquid AERO | +0.0100% | 1h | 0.6895 | +0.132% | $23.0M | $5.1M | 3x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6880 | −0.087% | $40K | $118K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6885 | −0.020% | $26.1M | $24.8M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6877 | −0.131% | $22.3M | $18.0M | 25x | as long as short |
| OKX AERO-USDT-SWAPlong | +0.0100% | 4h | 0.6886 | long leg | $2.3M | $5.8M | 20x | |
| Gate AERO_USDT | +0.0100% | 4h | 0.6873 | −0.189% | $1.6M | $464K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6882 | −0.058% | $8.3M | $1.5M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6874 | −0.174% | $2.1M | $930K | 50x | as long as short |
Deribit AERO_USDC-PERPETUAL
Hyperliquid AERO
Aster AEROUSDT
Binance AEROUSDT
Bybit AEROUSDT
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 | 0.6884 | −0.029% | $4.0M | $1.8M | 75x | as long as short |
| BingX AERO-USDT | +0.0100% | 4h | 0.6877 | −0.131% | — | $1.7M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6886 | −0.004% | $2.0M | $1.2M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6885 | −0.020% | $209K | $2.0M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6859 | −0.398% | $46K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6885 | −0.017% | $19K | $4K | 15x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6871 | −0.218% | $940K | $577K | 25x | as long as short |
| 01 Exchange AEROUSD | +0.0464% | 1h | 0.6891 | +0.074% | $187 | $101 | 3x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0506% / S −0.0237% | 1h | 0.6863 | −0.338% | $89K | — | 100x | as long as short |
| RISEx AERO/USDC | +0.0658% | 1h | 0.6885 | −0.018% | $198K | $463K | 3x | as long as short |
| Lighter AERO | +0.0968% | 1h | 0.6894 | +0.110% | $1.3M | $489K | 3x | as long as short |
| Backpack AERO_USDC_PERP | +0.1041% | 1h | 0.6874 | −0.179% | $114K | $248K | 15x | as long as short |
| Coinbase International AERO-PERP-INTX | +0.3376% | 1h | 0.6833 | −0.770% | $89K | $34K | 25x | as long as short |
Bitget AEROUSDT
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Reya AERORUSDPERP
BloFin AERO-USDT
01 Exchange AEROUSD
GMX AERO/USD [ETH-USDC]
RISEx AERO/USDC
Lighter AERO
Backpack AERO_USDC_PERP
Coinbase International AERO-PERP-INTX