Settings8H · net · $10k
Funding arb · Price arb /

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.3792%/8h= +415.2% APRnext payment +$4.74 per $10,000 · paid last 24h +0.511%
Price spread now: Coinbase International against Aevo+6.467%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$114 a day on $10k at the current rate, and Coinbase International is 6.467% dearer against Aevo than usual: you sell high and buy low: +$647 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo AERO-PERP0.69670.0104pay 0.0013% / 1h39m 02s$47K3x
ShortCoinbase International AERO-PERP-INTX0.74180.3896get 0.0487% / 1h39m 02s$98K$37K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Aevo. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$796.32
Price spread: +6.467% → 0.000%
$646.68
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$1,417
Costs to cover
0.260%
Break-even
from the start
Slippage unknown: Aevo: no order-book sample; Coinbase International: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell Coinbase International no order-book sample
Aevo and Coinbase International: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit AERO_USDC-PERPETUAL0.0000%1h0.6962−0.078%$55K$11K10xas long as short
Injective AERO/USDC PERP+0.0033%1h0.6902−0.939%$4$209K5.5xas long as short
Aster AEROUSDT+0.0100%4h0.6970+0.036%$40K$112K10xas long as short
Binance AEROUSDT+0.0100%4h0.6965−0.039%$26.4M$26.6M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6962−0.078%$22.5M$21.2M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6964−0.049%$2.3M$7.0M20xas long as short
Gate AERO_USDT+0.0100%4h0.6965−0.035%$1.6M$492K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6961−0.092%$8.3M$1.7M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6974+0.094%$2.1M$939K50xas long as short
Bitget AEROUSDT+0.0100%4h0.6962−0.078%$4.1M$2.2M75xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AERO-USDT+0.0100%4h0.6962−0.078%$1.8Mas long as short
Variational Omni AERO+0.0100%4h0.6942−0.359%$2.0M$1.8Mas long as short
Extended AERO-USD+0.0104%1h0.6957−0.145%$216K$1.7M10xas long as short
Aevo AERO-PERPlong+0.0104%1h0.6967long leg$47K3x
Reya AERORUSDPERP+0.0228%1h0.6967−0.007%$20K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.6960−0.107%$945K$735K25xas long as short
GMX AERO/USD [ETH-USDC]L +0.0510% / S −0.0240%1h0.6967−0.006%$91K100xas long as short
01 Exchange AEROUSD+0.0512%1h0.6975+0.109%$189$1113xas long as short
RISEx AERO/USDC+0.0687%1h0.6972+0.068%$221K$398K3xas long as short
Hyperliquid AERO+0.0743%1h0.6972+0.059%$23.4M$5.3M3xas long as short
Backpack AERO_USDC_PERP+0.1409%1h0.6973+0.077%$133K$321K15xas long as short
Lighter AERO+0.1640%1h0.6974+0.091%$1.3M$437K3xas long as short
Coinbase International AERO-PERP-INTXshort+0.3896%1h0.7418+6.467%$98K$37K25x