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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.033%
Price spread now: Hyperliquid against Bitget+0.204%7-day average +0.126% · 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+0.224%+$22 on $10k
Price spread, last 7 days−0.247%−$25 · spread now +0.204%, 7d avg +0.126%
Together, before fees−0.023%+ Points / potential airdropHyperliquid: Season 2 · farm board−$2 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 0.078% dearer against Bitget than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.126%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget AEROUSDT0.68540.0100pay 0.0050% / 4h3h 08m$4.0M$1.8M75x
ShortHyperliquid AERO0.68680.0100get 0.0013% / 1h8m 57s$22.9M$5.1M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Bitget. 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: +0.204% → +0.126%
$7.82
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$13.18
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 4 min ago; Hyperliquid: live order book, 4 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 Bitget live order book, 4 min ago3.64 bp20.8 bp −$2146.5 bp −$465doesn't fitdoesn't fit
Sell Hyperliquid live order book, 4 min ago1.02 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+0.700%$4$209K5.5xas long as short
Deribit AERO_USDC-PERPETUAL+0.0042%1h0.6859+0.073%$54K$11K10xas long as short
Hyperliquid AEROshort+0.0100%1h0.6868+0.204%$22.9M$5.1M3x
Aster AEROUSDT+0.0100%4h0.6861+0.109%$40K$119K10xas long as short
Binance AEROUSDT+0.0100%4h0.6860+0.089%$26.0M$24.9M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6856+0.029%$22.2M$18.0M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6860+0.088%$2.3M$5.8M20xas long as short
Gate AERO_USDT+0.0100%4h0.6852−0.029%$1.6M$464K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6860+0.088%$8.3M$1.5M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6855+0.015%$2.1M$930K50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AEROUSDTlong+0.0100%4h0.6854long leg$4.0M$1.8M75x
BingX AERO-USDT+0.0100%4h0.6857+0.044%$1.7Mas long as short
Variational Omni AERO+0.0100%4h0.6868+0.208%$2.0M$1.2Mas long as short
Extended AERO-USD+0.0104%1h0.6856+0.036%$212K$1.2M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6855+0.021%$46K3xas long as short
Reya AERORUSDPERP+0.0228%1h0.6856+0.034%$19K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.6862+0.117%$939K$578K25xas long as short
01 Exchange AEROUSD+0.0456%1h0.6865+0.160%$186$1013xas long as short
GMX AERO/USD [ETH-USDC]L +0.0506% / S −0.0237%1h0.6856+0.027%$89K100xas long as short
RISEx AERO/USDC+0.0658%1h0.6862+0.120%$201K$470K3xas long as short
Lighter AERO+0.1016%1h0.6873+0.276%$1.3M$493K3xas long as short
Backpack AERO_USDC_PERP+0.1017%1h0.6863+0.127%$95K$259K15xas long as short
Coinbase International AERO-PERP-INTX+0.3376%1h0.6855+0.015%$89K$34K25xas long as short