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

AERO

all AERO markets
SwapBacktest
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: Bybit against BingX+0.015%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$540.540% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.037%−$4 on $10k
Price spread, last 7 days+0.026%+$3 · spread now +0.015%, 7d avg +0.006%
Together, before fees−0.010%−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX AERO-USDT0.68640.0100pay 0.0050% / 4h2h 56m$1.8M
ShortBybit AEROUSDT0.68650.0100get 0.0050% / 4h2h 56m$21.8M$20.6M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: +0.015% → +0.006%
$0.9
Slippage, 4 orders
−$32.98
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$53.08
Costs to cover
0.540%
Break-even
never at this rate
Slippage from BingX: live order book, 7 min ago; Bybit: live order book, 2 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, 7 min ago2.91 bp16.1 bp −$1633.1 bp −$331261.2 bp −$26.1K744.8 bp −$372.4K
Sell Bybit live order book, 2 min ago2.18 bp11.8 bp −$1233.5 bp −$335doesn'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
Deribit AERO_USDC-PERPETUAL−0.0041%1h0.6874+0.146%$55K$11K10xas long as short
Injective AERO/USDC PERP+0.0052%1h0.6891+0.393%$4$166K5.5xas long as short
Hyperliquid AERO+0.0100%1h0.6867+0.039%$23.1M$5.7M3xas long as short
Aster AEROUSDT+0.0100%4h0.6872+0.115%$39K$107K10xas long as short
Binance AEROUSDT+0.0100%4h0.6868+0.058%$25.4M$25.6M75xas long as short
Bybit AEROUSDTshort+0.0100%4h0.6865+0.015%$21.8M$20.6M25x
OKX AERO-USDT-SWAP+0.0100%4h0.6870+0.087%$2.3M$6.7M20xas long as short
Gate AERO_USDT+0.0100%4h0.68640.000%$1.6M$559K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6869+0.073%$8.1M$1.6M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6863−0.015%$2.3M$849K50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AEROUSDT+0.0100%4h0.6858−0.087%$4.1M$2.2M75xas long as short
BingX AERO-USDTlong+0.0100%4h0.6864long leg$1.8M
Variational Omni AERO+0.0100%4h0.6887+0.329%$1.8M$1.7Mas long as short
Extended AERO-USD+0.0104%1h0.6872+0.120%$200K$1.3M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6875+0.153%$46K3xas long as short
01 Exchange AEROUSD+0.0112%1h0.6864−0.007%$186$1153xas long as short
Backpack AERO_USDC_PERP+0.0179%1h0.6883+0.272%$102K$318K15xas long as short
Reya AERORUSDPERP+0.0228%1h0.6866+0.024%$19K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.6877+0.189%$915K$713K25xas long as short
Lighter AERO+0.0496%1h0.6886+0.322%$1.3M$492K3xas long as short
GMX AERO/USD [ETH-USDC]L +0.0501% / S −0.0229%1h0.6869+0.069%$91K100xas long as short
RISEx AERO/USDC+0.0530%1h0.6866+0.036%$206K$417K3xas long as short
Coinbase International AERO-PERP-INTX+0.1488%1h0.6900+0.524%$92K$18K25xas long as short