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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.024%
Price spread now: Hyperliquid against BingX+0.061%7-day average +0.104% · 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+0.238%+$24 on $10k
Price spread, last 7 days−0.007%−$1 · spread now +0.061%, 7d avg +0.104%
Together, before fees+0.232%+ Points / potential airdropHyperliquid: Season 2 · farm board+$23 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: Hyperliquid is 0.043% cheaper against BingX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.104%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX AERO-USDT0.68620.0100pay 0.0050% / 4h2h 41m$1.8M
ShortHyperliquid AERO0.68660.0100get 0.0013% / 1h41m 28s$23.1M$5.7M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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: +0.061% → +0.104%
−$4.29
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$23.29
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 6 min ago; Hyperliquid: live order book, 12 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 BingX live order book, 6 min ago2.91 bp13.4 bp −$1323.7 bp −$237239.9 bp −$24.0K726.5 bp −$363.3K
Sell Hyperliquid live order book, 12 min ago1.68 bp8.8 bp −$9doesn'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
Deribit AERO_USDC-PERPETUAL−0.0187%1h0.6865+0.044%$54K$11K10xas long as short
Injective AERO/USDC PERP+0.0052%1h0.6891+0.423%$4$166K5.5xas long as short
Hyperliquid AEROshort+0.0100%1h0.6866+0.061%$23.1M$5.7M3x
Aster AEROUSDT+0.0100%4h0.6867+0.071%$38K$108K10xas long as short
Binance AEROUSDT+0.0100%4h0.6864+0.025%$25.4M$25.6M75xas long as short
Bybit AEROUSDT+0.0100%4h0.68620.000%$21.8M$20.5M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6866+0.058%$2.3M$6.8M20xas long as short
Gate AERO_USDT+0.0100%4h0.6860−0.029%$1.6M$562K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6863+0.015%$8.1M$1.6M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6860−0.029%$2.2M$859K50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AEROUSDT+0.0100%4h0.6864+0.029%$4.1M$2.2M75xas long as short
BingX AERO-USDTlong+0.0100%4h0.6862long leg$1.8M
Variational Omni AERO+0.0100%4h0.6867+0.073%$1.9M$1.6Mas long as short
Extended AERO-USD+0.0104%1h0.6861−0.018%$201K$1.3M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6864+0.026%$46K3xas long as short
01 Exchange AEROUSD+0.0192%1h0.6869+0.109%$186$1153xas long as short
Reya AERORUSDPERP+0.0228%1h0.6864+0.029%$19K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.6867+0.073%$912K$702K25xas long as short
Backpack AERO_USDC_PERP+0.0445%1h0.6871+0.125%$101K$313K15xas long as short
GMX AERO/USD [ETH-USDC]L +0.0502% / S −0.0229%1h0.6864+0.026%$91K100xas long as short
RISEx AERO/USDC+0.0530%1h0.6868+0.086%$219K$375K3xas long as short
Lighter AERO+0.0800%1h0.6878+0.230%$1.3M$492K3xas long as short
Coinbase International AERO-PERP-INTX+0.1488%1h0.6869+0.102%$91K$18K25xas long as short