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: BingX against Bybit−0.057%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$570.568% 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+0.024%+$2 · spread now −0.057%, 7d avg −0.003%
Together, before fees+0.062%+$6 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: BingX is 0.054% cheaper against Bybit than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit AEROUSDT0.70000.0100pay 0.0050% / 4h3h 15m$22.6M$20.5M25x
ShortBingX AERO-USDT0.69960.0100get 0.0050% / 4h3h 15m$1.8M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: −0.057% → −0.003%
−$5.38
Slippage, 4 orders
−$35.82
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$62.19
Costs to cover
0.568%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; BingX: live order book, 3 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, 3 min ago0.72 bp12.5 bp −$1229.9 bp −$299doesn't fitdoesn't fit
Sell BingX live order book, 3 min ago2.15 bp17.3 bp −$1733.7 bp −$337176.5 bp −$17.6K727.0 bp −$363.5K

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%1h0.6902−1.400%$4$209K5.5xas long as short
Aster AEROUSDT+0.0100%4h0.7003+0.037%$40K$113K10xas long as short
Binance AEROUSDT+0.0100%4h0.7002+0.030%$26.6M$26.1M75xas long as short
Bybit AEROUSDTlong+0.0100%4h0.7000long leg$22.6M$20.5M25x
OKX AERO-USDT-SWAP+0.0100%4h0.7004+0.057%$2.3M$6.9M20xas long as short
Gate AERO_USDT+0.0100%4h0.6996−0.057%$1.6M$495K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6998−0.029%$8.4M$1.7M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.7005+0.071%$2.2M$934K50xas long as short
Bitget AEROUSDT+0.0100%4h0.7001+0.014%$4.1M$2.1M75xas long as short
BingX AERO-USDTshort+0.0100%4h0.6996−0.057%$1.8M
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AERO+0.0100%4h0.6985−0.215%$2.0M$1.7Mas long as short
Extended AERO-USD+0.0104%1h0.7002+0.035%$217K$2.0M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6997−0.042%$47K3xas long as short
Deribit AERO_USDC-PERPETUAL+0.0179%1h0.7002+0.029%$56K$11K10xas long as short
Reya AERORUSDPERP+0.0228%1h0.6999−0.008%$20K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.6966−0.486%$946K$716K25xas long as short
01 Exchange AEROUSD+0.0448%1h0.7001+0.013%$190$1113xas long as short
GMX AERO/USD [ETH-USDC]L +0.0512% / S −0.0240%1h0.6994−0.080%$92K100xas long as short
RISEx AERO/USDC+0.0687%1h0.7000−0.006%$218K$393K3xas long as short
Hyperliquid AERO+0.0865%1h0.7015+0.210%$23.7M$5.0M3xas long as short
Backpack AERO_USDC_PERP+0.1404%1h0.7005+0.073%$134K$298K15xas long as short
Lighter AERO+0.1624%1h0.7018+0.251%$1.3M$463K3xas long as short
Coinbase International AERO-PERP-INTX+0.3896%1h0.7104+1.486%$94K$36K25xas long as short