I hang my probe in the middle of the rez,
and I do not have an airpump in that rez,
just the waterfall, and spray.
Read the directions that came with your meter.
The directions may state tolerances,
and preferred placement.
The instructions sheet from my PinPoint meter states:
"Place the probe, so that air bubbles do not form under the probe."
It's not really a problem,
unless you have air bubbles forming
right under your probe.

The ph probe is draped over the chiller pump's hose,
and is
off the bottom.
The tds probe is laying on the bottom,
and should be
at least 3 inches away from your pH probe.
.