AERO

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0335%/8h= −36.7% APRnext payment −$0.42 per $10,000 · paid last 24h −0.039%

Price spread now: 01 Exchange against Backpack+0.060%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Backpack Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. 01 Exchange is 0.060% dearer against Backpack than usual: you sell high and buy low (spread +0.060% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 14 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack AERO_USDC_PERP	0.7047	0.1047	pay 0.0131% / 1h	30m 10s	$105K	$316K	15x
Short	01 Exchange AEROUSD	0.7052	0.0712	get 0.0089% / 1h	30m 10s	$191	$111	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Backpack. 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

Position, each leg$Hold fordaysFee BackpackbpFee 01 ExchangebpOrdersPrice spread, now +0.060%Rate

Funding earned: −$70.38
Price spread: +0.060% → 0.000%: $5.96
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$81.42
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Backpack: live order book, 48 min ago; 01 Exchange: 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 Backpack live order book, 48 min ago	0.36 bp	5.8 bp −$6	doesn't fit	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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
Injective AERO/USDC PERP	+0.0033%	1h	0.6902	−2.063%	$4	$209K	5.5x	as long as short
Aster AEROUSDT	+0.0100%	4h	0.7050	+0.033%	$41K	$113K	10x	as long as short
Binance AEROUSDT	+0.0100%	4h	0.7045	−0.028%	$26.5M	$26.4M	75x	as long as short
Bybit AEROUSDT	+0.0100%	4h	0.7041	−0.091%	$22.8M	$21.7M	25x	as long as short
OKX AERO-USDT-SWAP	+0.0100%	4h	0.7044	−0.048%	$2.3M	$7.1M	20x	as long as short
Gate AERO_USDT	+0.0100%	4h	0.7040	−0.105%	$1.6M	$535K	75x	as long as short
MEXC AERO_USDT	+0.0100%	4h	0.7043	−0.062%	$8.4M	$1.7M	100x	as long as short
KuCoin AEROUSDTM	+0.0100%	4h	0.7039	−0.119%	$2.2M	$935K	50x	as long as short
Bitget AEROUSDT	+0.0100%	4h	0.7042	−0.077%	$4.1M	$2.2M	75x	as long as short
BingX AERO-USDT	+0.0100%	4h	0.7044	−0.048%	—	$1.8M	—	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni AERO	+0.0100%	4h	0.7041	−0.088%	$2.1M	$1.8M	—	as long as short
Extended AERO-USD	+0.0104%	1h	0.7042	−0.077%	$218K	$1.3M	10x	as long as short
Aevo AERO-PERP	+0.0104%	1h	0.7042	−0.084%	$47K	—	3x	as long as short
Deribit AERO_USDC-PERPETUAL	+0.0176%	1h	0.7045	−0.034%	$56K	$11K	10x	as long as short
Reya AERORUSDPERP	+0.0228%	1h	0.7040	−0.103%	$20K	$4K	15x	as long as short
BloFin AERO-USDT	+0.0340%	4h	0.7040	−0.105%	$944K	$717K	25x	as long as short
GMX AERO/USD [ETH-USDC]	L +0.0514% / S −0.0250%	1h	0.7041	−0.094%	$91K	—	100x	as long as short
Coinbase International AERO-PERP-INTX	+0.0520%	1h	0.7521	+6.720%	$100K	$35K	25x	as long as short
RISEx AERO/USDC	+0.0563%	1h	0.7046	−0.020%	$239K	$392K	3x	as long as short
Hyperliquid AERO	+0.0619%	1h	0.7052	+0.064%	$23.7M	$5.4M	3x	as long as short
01 Exchange AEROUSDshort	+0.0712%	1h	0.7052	+0.060%	$191	$111	3x
Backpack AERO_USDC_PERPlong	+0.1047%	1h	0.7047	long leg	$105K	$316K	15x
Lighter AERO	+0.1928%	1h	0.7061	+0.197%	$1.3M	$461K	3x	as long as short