Funding you earn now, next payment 11:00 UTC−0.0195%/8h= −21.3% APRnext payment −$0.24 per $10,000 · paid last 24h −0.065%
Price spread now: Injective against Reya−2.542%128s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Injective is 2.542% cheaper against Reya than usual: you would sell low and buy high (−$254 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 128 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 | Reya AERORUSDPERP | 0.7082 | 0.0228 | pay 0.0029% / 1h | 47m 34s | $20K | $4K | 15x |
| Short | Injective AERO/USDC PERP | 0.6902 | 0.0033 | get 0.0004% / 1h | 47m 34s | $4 | $209K | 5.5x |
Reya AERORUSDPERP
Injective AERO/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Reya. 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
- −$40.92
- Price spread: −2.542% → 0.000%
- −$254.21
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$301.15
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; 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 Reya no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
Reya and 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 exchanges
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 PERPshort | +0.0033% | 1h | 0.6902 | −2.542% | $4 | $209K | 5.5x | |
| Aster AEROUSDT | +0.0100% | 4h | 0.7080 | −0.029% | $43K | $105K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.7078 | −0.057% | $26.9M | $25.2M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.7073 | −0.128% | $23.4M | $17.9M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.7086 | +0.056% | $2.4M | $5.6M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.7078 | −0.057% | $1.7M | $483K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.7086 | +0.056% | $8.6M | $1.4M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.7084 | +0.028% | $2.1M | $1.2M | 50x | as long as short |
| Bitget AEROUSDT | +0.0100% | 4h | 0.7080 | −0.029% | $4.2M | $1.9M | 75x | as long as short |
| BingX AERO-USDT | +0.0100% | 4h | 0.7081 | −0.015% | — | $1.8M | — | as long as short |
Aster AEROUSDT
Binance AEROUSDT
Bybit AEROUSDT
OKX AERO-USDT-SWAP
Gate AERO_USDT
MEXC AERO_USDT
KuCoin AEROUSDTM
Bitget AEROUSDT
BingX AERO-USDTShow all 23 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AERO | +0.0100% | 4h | 0.7078 | −0.061% | $2.0M | $838K | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.7075 | −0.101% | $224K | $1.4M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.7071 | −0.152% | $47K | — | 3x | as long as short |
| Deribit AERO_USDC-PERPETUAL | +0.0174% | 1h | 0.7077 | −0.071% | $56K | $684 | 10x | as long as short |
| Reya AERORUSDPERPlong | +0.0228% | 1h | 0.7082 | long leg | $20K | $4K | 15x | |
| BloFin AERO-USDT | +0.0400% | 4h | 0.7080 | −0.029% | $989K | $637K | 25x | as long as short |
| Backpack AERO_USDC_PERP | +0.0442% | 1h | 0.7085 | +0.035% | $102K | $234K | 15x | as long as short |
| RISEx AERO/USDC | +0.0502% | 1h | 0.7074 | −0.107% | $217K | $585K | 3x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0517% / S −0.0235% | 1h | 0.7075 | −0.095% | $93K | — | 100x | as long as short |
| 01 Exchange AEROUSD | +0.0608% | 1h | 0.7084 | +0.026% | $192 | $101 | 3x | as long as short |
| Hyperliquid AERO | +0.0930% | 1h | 0.7092 | +0.141% | $23.4M | $5.9M | 3x | as long as short |
| Lighter AERO | +0.1160% | 1h | 0.7095 | +0.187% | $1.3M | $389K | 3x | as long as short |
| Coinbase International AERO-PERP-INTX | +0.2200% | 1h | 0.7088 | +0.084% | $88K | $39K | 25x | as long as short |
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Deribit AERO_USDC-PERPETUAL
BloFin AERO-USDT
Backpack AERO_USDC_PERP
RISEx AERO/USDC
GMX AERO/USD [ETH-USDC]
01 Exchange AEROUSD
Hyperliquid AERO
Lighter AERO
Coinbase International AERO-PERP-INTX