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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.053%
Price spread now: BloFin against BingX+0.058%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$520.519% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.120%+$12 on $10k
Price spread, last 4 days (all we have)+0.073%+$7 · spread now +0.058%, 7d avg −0.018%
Together, before fees+0.193%+$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.076% dearer against BingX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.018%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.120% in total (about 6.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX AERO-USDT0.68440.0100pay 0.0050% / 4h1h 36m$1.8M
ShortBloFin AERO-USDT0.68480.0340get 0.0170% / 4h1h 36m$935K$592K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against BingX. 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
$50.4
Price spread: +0.058% → −0.018%
$7.6
Slippage, 4 orders
−$29.86
Fee BingX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$6.14
Costs to cover
0.519%
Break-even
6.1 days
Slippage from BingX: live order book, 1 min ago; BloFin: live order book, 50 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 1 min ago2.19 bp10.1 bp −$1024.1 bp −$241313.3 bp −$31.3K787.8 bp −$393.9K
Sell BloFin live order book, 50 min ago5.16 bp13.5 bp −$1322.8 bp −$228120.5 bp −$12.1Kdoesn'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
Coinbase International AERO-PERP-INTX−0.1896%1h0.7316+6.897%$94K$39K25xas long as short
Injective AERO/USDC PERP+0.0033%1h0.6902+0.847%$4$209K5.5xas long as short
Aster AEROUSDT+0.0100%4h0.6841−0.037%$42K$125K10xas long as short
Binance AEROUSDT+0.0100%4h0.6840−0.061%$25.8M$25.3M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6842−0.029%$22.3M$18.2M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6846+0.029%$2.3M$5.9M20xas long as short
Gate AERO_USDT+0.0100%4h0.68440.000%$1.6M$472K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6842−0.029%$8.4M$1.4M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6847+0.044%$2.0M$1.1M50xas long as short
Bitget AEROUSDT+0.0100%4h0.68440.000%$4.0M$1.8M75xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AERO-USDTlong+0.0100%4h0.6844long leg$1.8M
Variational Omni AERO+0.0100%4h0.6858+0.209%$2.0M$1.2Mas long as short
Extended AERO-USD+0.0104%1h0.6840−0.054%$203K$1.4M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6845+0.015%$46K3xas long as short
Reya AERORUSDPERP+0.0228%1h0.6847+0.039%$19K$4K15xas long as short
Hyperliquid AERO+0.0308%1h0.6849+0.075%$22.6M$5.3M3xas long as short
BloFin AERO-USDTshort+0.0340%4h0.6848+0.058%$935K$592K25x
01 Exchange AEROUSD+0.0424%1h0.6852+0.114%$186$1013xas long as short
RISEx AERO/USDC+0.0491%1h0.6847+0.046%$197K$524K3xas long as short
GMX AERO/USD [ETH-USDC]L +0.0505% / S −0.0246%1h0.6845+0.016%$88K100xas long as short
Deribit AERO_USDC-PERPETUAL+0.0627%1h0.6846+0.029%$54K$11K10xas long as short
Backpack AERO_USDC_PERP+0.0674%1h0.6848+0.060%$93K$260K15xas long as short
Lighter AERO+0.0896%1h0.6853+0.137%$1.3M$499K3xas long as short