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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0240%/8h= −26.3% APRpaid last 24h +0.009%
Price spread now: Hyperliquid against BloFin+0.144%7-day average +0.109% · 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+0.119%+$12 on $10k
Price spread, last 3 days (all we have)−0.657%−$66 · spread now +0.144%, 7d avg +0.109%
Together, before fees−0.537%+ Points / potential airdropHyperliquid: Season 2 · farm board−$54 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Hyperliquid is 0.035% dearer against BloFin than usual: you sell high and buy low (spread +0.144% now, against its 7-day average of +0.109%): +$3 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 12 hours. Mind the row above: over the last 7 days funding on this pair paid +0.119%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.119% in total (about 6.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin AERO-USDT0.68570.0340pay 0.0170% / 4h2h 50m$910K$706K25x
ShortHyperliquid AERO0.68670.0100get 0.0013% / 1h50m 34s$23.1M$5.7M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against BloFin. 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: +0.144% → +0.109%
$3.49
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$67.91
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 36 min ago; Hyperliquid: live order book, 2 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 BloFin live order book, 36 min ago2.89 bp11.3 bp −$1120.3 bp −$20356.3 bp −$5,631doesn't fit
Sell Hyperliquid live order book, 2 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%1h0.6863+0.088%$54K$11K10xas long as short
Injective AERO/USDC PERP+0.0052%1h0.6891+0.496%$4$166K5.5xas long as short
Hyperliquid AEROshort+0.0100%1h0.6867+0.144%$23.1M$5.7M3x
Aster AEROUSDT+0.0100%4h0.6866+0.135%$39K$108K10xas long as short
Binance AEROUSDT+0.0100%4h0.6864+0.102%$25.3M$25.6M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6864+0.102%$21.8M$20.6M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6867+0.146%$2.3M$6.8M20xas long as short
Gate AERO_USDT+0.0100%4h0.6860+0.044%$1.5M$561K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6865+0.117%$8.1M$1.6M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6860+0.044%$2.2M$862K50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AEROUSDT+0.0100%4h0.6855−0.029%$4.1M$2.2M75xas long as short
BingX AERO-USDT+0.0100%4h0.6863+0.088%$1.8Mas long as short
Variational Omni AERO+0.0100%4h0.6860+0.044%$1.8M$1.7Mas long as short
Extended AERO-USD+0.0104%1h0.6863+0.087%$201K$1.3M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6862+0.079%$46K3xas long as short
01 Exchange AEROUSD+0.0168%1h0.6869+0.174%$186$1153xas long as short
Reya AERORUSDPERP+0.0228%1h0.6861+0.065%$19K$4K15xas long as short
BloFin AERO-USDTlong+0.0340%4h0.6857long leg$910K$706K25x
Backpack AERO_USDC_PERP+0.0352%1h0.6871+0.203%$101K$316K15xas long as short
GMX AERO/USD [ETH-USDC]L +0.0501% / S −0.0229%1h0.6861+0.064%$91K100xas long as short
RISEx AERO/USDC+0.0530%1h0.6871+0.207%$212K$377K3xas long as short
Lighter AERO+0.0632%1h0.6880+0.337%$1.3M$492K3xas long as short
Coinbase International AERO-PERP-INTX+0.1488%1h0.6869+0.175%$91K$18K25xas long as short