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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit+0.116%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$570.571% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.032%+$3 on $10k
Price spread, last 7 days−0.171%−$17 · spread now +0.116%, 7d avg +0.007%
Together, before fees−0.140%−$14 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: Binance is 0.110% dearer against Bybit than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit AEROUSDT0.69350.0100pay 0.0050% / 4h1m 16s$22.5M$18.1M25x
ShortBinance AEROUSDT0.69430.0100get 0.0050% / 4h1m 16s$26.4M$24.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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: +0.116% → +0.007%
$10.98
Slippage, 4 orders
−$36.13
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$46.15
Costs to cover
0.571%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; Binance: live order book, 10 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 Bybit live order book, 2 min ago1.44 bp14.9 bp −$1535.2 bp −$352doesn't fitdoesn't fit
Sell Binance live order book, 10 min ago0.72 bp13.2 bp −$1328.5 bp −$285252.4 bp −$25.2Kdoesn'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%1h0.6902−0.476%$4$209K5.5xas long as short
Hyperliquid AERO+0.0100%1h0.6941+0.084%$23.2M$5.1M3xas long as short
Aster AEROUSDT+0.0100%4h0.6934−0.020%$40K$118K10xas long as short
Binance AEROUSDTshort+0.0100%4h0.6943+0.116%$26.4M$24.8M75x
Bybit AEROUSDTlong+0.0100%4h0.6935long leg$22.5M$18.1M25x
OKX AERO-USDT-SWAP+0.0100%4h0.6938+0.043%$2.3M$5.9M20xas long as short
Gate AERO_USDT+0.0100%4h0.6929−0.087%$1.6M$465K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6942+0.101%$8.3M$1.5M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6936+0.014%$2.1M$926K50xas long as short
Bitget AEROUSDT+0.0100%4h0.69350.000%$4.1M$1.8M75xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AERO-USDT+0.0100%4h0.6937+0.029%$1.7Mas long as short
Variational Omni AERO+0.0100%4h0.6915−0.291%$2.0M$1.2Mas long as short
Extended AERO-USD+0.0104%1h0.69350.000%$210K$2.0M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6934−0.022%$47K3xas long as short
Reya AERORUSDPERP+0.0228%1h0.6936+0.016%$19K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.6941+0.087%$950K$576K25xas long as short
Deribit AERO_USDC-PERPETUAL+0.0471%1h0.6936+0.014%$55K$11K10xas long as short
GMX AERO/USD [ETH-USDC]L +0.0508% / S −0.0237%1h0.6931−0.055%$90K100xas long as short
01 Exchange AEROUSD+0.0568%1h0.6954+0.268%$188$1013xas long as short
RISEx AERO/USDC+0.0677%1h0.6941+0.085%$222K$450K3xas long as short
Lighter AERO+0.0960%1h0.6955+0.286%$1.3M$487K3xas long as short
Backpack AERO_USDC_PERP+0.0987%1h0.6944+0.134%$115K$289K15xas long as short
Coinbase International AERO-PERP-INTX+0.6656%1h0.6948+0.187%$91K$35K25xas long as short