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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0293%/8h= +32.1% APRpaid last 24h +0.031%
Price spread now: Hyperliquid against Binance+0.056%7-day average +0.095% · 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 7 days+0.241%+$24 on $10k
Price spread, last 7 days−0.022%−$2 · spread now +0.056%, 7d avg +0.095%
Together, before fees+0.220%+ Points / potential airdropHyperliquid: Season 2 · farm board+$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.039% cheaper against Binance than usual: you would sell low and buy high (spread +0.056% now, against its 7-day average of +0.095%). If the spread goes back, that is −$4 on $10k: about 11 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.241% in total) that is about 27 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance AEROUSDT0.69120.0100pay 0.0050% / 4h1h 18m$26.2M$24.8M75x
ShortHyperliquid AERO0.69160.0393get 0.0049% / 1h18m 28s$23.3M$5.1M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Binance. 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
$61.54
Price spread: +0.056% → +0.095%
−$3.92
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$38.62
Costs to cover
0.190%
Break-even
2.6 days
Slippage unknown: Binance: live order book, 8 min ago; Hyperliquid: live order book, 5 min ago. 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 Binance live order book, 8 min ago0.73 bp14.4 bp −$1431.8 bp −$318doesn't fitdoesn't fit
Sell Hyperliquid live order book, 5 min ago1.15 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

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 PERP+0.0033%1h0.6902−0.146%$4$209K5.5xas long as short
Aster AEROUSDT+0.0100%4h0.6921+0.124%$39K$116K10xas long as short
Binance AEROUSDTlong+0.0100%4h0.6912long leg$26.2M$24.8M75x
Bybit AEROUSDT+0.0100%4h0.6908−0.060%$22.4M$18.4M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6915+0.042%$2.3M$5.9M20xas long as short
Gate AERO_USDT+0.0100%4h0.6909−0.045%$1.6M$486K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6911−0.016%$8.3M$1.6M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6913+0.013%$2.1M$931K50xas long as short
Bitget AEROUSDT+0.0100%4h0.6909−0.045%$4.1M$1.9M75xas long as short
BingX AERO-USDT+0.0100%4h0.6910−0.031%$1.7Mas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AERO+0.0100%4h0.6917+0.067%$2.0M$1.3Mas long as short
Extended AERO-USD+0.0104%1h0.6908−0.056%$208K$2.0M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6905−0.100%$46K3xas long as short
Deribit AERO_USDC-PERPETUAL+0.0184%1h0.6910−0.031%$55K$11K10xas long as short
Reya AERORUSDPERP+0.0228%1h0.6907−0.077%$19K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.6906−0.089%$940K$608K25xas long as short
Hyperliquid AEROshort+0.0393%1h0.6916+0.056%$23.3M$5.1M3x
01 Exchange AEROUSD+0.0456%1h0.6919+0.107%$188$1013xas long as short
GMX AERO/USD [ETH-USDC]L +0.0506% / S −0.0237%1h0.6908−0.057%$90K100xas long as short
RISEx AERO/USDC+0.0540%1h0.6912+0.004%$230K$414K3xas long as short
Backpack AERO_USDC_PERP+0.1051%1h0.6916+0.060%$113K$292K15xas long as short
Lighter AERO+0.1320%1h0.6926+0.202%$1.3M$501K3xas long as short
Coinbase International AERO-PERP-INTX+1.0840%1h0.6883−0.421%$90K$36K25xas long as short