Funding arb · Price arb /

AERO

all AERO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Binance+0.069%7-day average +0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$98as in the Funding arb table

Net, price: spread back to 7d avg − costs−$88as in the Price arb table

costs, in and out, $10k−$930.925% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.050%−$5 on $10k

Price spread, last 7 days+0.021%+$2 · spread now +0.069%, 7d avg +0.022%

Together, before fees−0.029%−$3 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.046% dearer against Binance than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.022%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance AEROUSDT	0.6998	0.0100	pay 0.0050% / 4h	47m 23s	$26.2M	$25.9M	75x
Short	KuCoin AEROUSDTM	0.7003	0.0100	get 0.0050% / 4h	47m 23s	$2.2M	$918K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee BinancebpFee KuCoinbpOrdersPrice spread, now +0.069%Rate

Funding earned: $0
Price spread: +0.069% → +0.022%: $4.63
Slippage, 4 orders: −$70.55
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$87.92
Costs to cover: 0.925%
Break-even: never at this rate

Slippage from Binance: live order book, 9 min ago; KuCoin: live order book, 9 min ago.

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 Binance live order book, 9 min ago	0.72 bp	11.7 bp −$12	24.2 bp −$242	373.4 bp −$37.3K	doesn't fit
Sell KuCoin live order book, 9 min ago	3.59 bp	42.1 bp −$42	332.1 bp −$3,321	doesn't fit	doesn't fit

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	−1.374%	$4	$209K	5.5x	as long as short
Aster AEROUSDT	+0.0100%	4h	0.7012	+0.197%	$39K	$110K	10x	as long as short
Binance AEROUSDTlong	+0.0100%	4h	0.6998	long leg	$26.2M	$25.9M	75x
Bybit AEROUSDT	+0.0100%	4h	0.6994	−0.060%	$22.4M	$21.0M	25x	as long as short
OKX AERO-USDT-SWAP	+0.0100%	4h	0.6998	−0.003%	$2.3M	$6.9M	20x	as long as short
Gate AERO_USDT	+0.0100%	4h	0.7005	+0.097%	$1.6M	$525K	75x	as long as short
MEXC AERO_USDT	+0.0100%	4h	0.7002	+0.054%	$8.4M	$1.7M	100x	as long as short
KuCoin AEROUSDTMshort	+0.0100%	4h	0.7003	+0.069%	$2.2M	$918K	50x
Bitget AEROUSDT	+0.0100%	4h	0.6995	−0.046%	$4.1M	$2.1M	75x	as long as short
BingX AERO-USDT	+0.0100%	4h	0.7000	+0.026%	—	$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	0.6986	−0.172%	$2.0M	$1.7M	—	as long as short
Extended AERO-USD	+0.0104%	1h	0.6995	−0.046%	$217K	$1.3M	10x	as long as short
Aevo AERO-PERP	+0.0104%	1h	0.6993	−0.074%	$47K	—	3x	as long as short
Deribit AERO_USDC-PERPETUAL	+0.0179%	1h	0.6995	−0.046%	$56K	$11K	10x	as long as short
Reya AERORUSDPERP	+0.0228%	1h	0.7005	+0.102%	$20K	$4K	15x	as long as short
BloFin AERO-USDT	+0.0340%	4h	0.6994	−0.060%	$924K	$711K	25x	as long as short
GMX AERO/USD [ETH-USDC]	L +0.0511% / S −0.0250%	1h	0.6996	−0.033%	$90K	—	100x	as long as short
Coinbase International AERO-PERP-INTX	+0.0520%	1h	0.7492	+7.056%	$99K	$35K	25x	as long as short
Hyperliquid AERO	+0.0528%	1h	0.7014	+0.226%	$23.5M	$5.4M	3x	as long as short
RISEx AERO/USDC	+0.0563%	1h	0.7012	+0.190%	$254K	$385K	3x	as long as short
01 Exchange AEROUSD	+0.0824%	1h	0.7021	+0.330%	$190	$111	3x	as long as short
Backpack AERO_USDC_PERP	+0.1106%	1h	0.7023	+0.357%	$103K	$315K	15x	as long as short
Lighter AERO	+0.1912%	1h	0.7015	+0.243%	$1.3M	$459K	3x	as long as short