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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0071%/8h= −7.7% APRnext payment $0.09 per $10,000 · paid last 24h −0.027%
Price spread now: Injective against Aevo−1.554%59s7-day average · you buy dearer than you sell
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 against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 1.554% cheaper against Aevo than usual: you would sell low and buy high (−$155 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo AERO-PERP0.70110.0104pay 0.0013% / 1h13m 59s$47K3x
ShortInjective AERO/USDC PERP0.69020.0033get 0.0004% / 1h13m 59s$4$209K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$14.84
Price spread: −1.554% → 0.000%
−$155.37
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$186.23
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Aevo: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell Injective no order-book sample
Aevo 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 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
Injective AERO/USDC PERPshort+0.0033%1h0.6902−1.554%$4$209K5.5x
Aster AEROUSDT+0.0100%4h0.7010−0.013%$40K$113K10xas long as short
Binance AEROUSDT+0.0100%4h0.7018+0.101%$26.7M$26.0M75xas long as short
Bybit AEROUSDT+0.0100%4h0.7008−0.042%$22.7M$20.4M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.7009−0.028%$2.3M$6.9M20xas long as short
Gate AERO_USDT+0.0100%4h0.7013+0.030%$1.6M$495K75xas long as short
MEXC AERO_USDT+0.0100%4h0.7017+0.087%$8.4M$1.7M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.7012+0.015%$2.2M$933K50xas long as short
Bitget AEROUSDT+0.0100%4h0.7014+0.044%$4.1M$2.1M75xas long as short
BingX AERO-USDT+0.0100%4h0.7017+0.087%$1.8Mas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AERO+0.0100%4h0.6985−0.371%$2.0M$1.7Mas long as short
Extended AERO-USD+0.0104%1h0.7012+0.011%$218K$2.0M10xas long as short
Aevo AERO-PERPlong+0.0104%1h0.7011long leg$47K3x
Deribit AERO_USDC-PERPETUAL+0.0178%1h0.7012+0.015%$56K$11K10xas long as short
Reya AERORUSDPERP+0.0228%1h0.7009−0.032%$20K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.7000−0.156%$950K$701K25xas long as short
01 Exchange AEROUSD+0.0448%1h0.7017+0.094%$190$1113xas long as short
GMX AERO/USD [ETH-USDC]L +0.0512% / S −0.0240%1h0.7009−0.025%$92K100xas long as short
RISEx AERO/USDC+0.0687%1h0.7009−0.032%$225K$396K3xas long as short
Hyperliquid AERO+0.0875%1h0.7030+0.273%$23.7M$5.0M3xas long as short
Backpack AERO_USDC_PERP+0.1409%1h0.7025+0.202%$135K$298K15xas long as short
Lighter AERO+0.1640%1h0.7030+0.278%$1.3M$463K3xas long as short
Coinbase International AERO-PERP-INTX+0.3896%1h0.7104+1.327%$94K$36K25xas long as short