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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0576%/8h= +63.1% APRpaid last 24h +0.068%
Price spread now: RISEx against Bybit+0.159%55s7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$360.363% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.437%+$44 on $10k
Price spread, last 4 days (all we have)−0.169%−$17 · spread now +0.159%, 7d avg +0.025%
Together, before fees+0.268%+$27 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and RISEx is 0.134% dearer against Bybit than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.025%. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit AEROUSDT0.68990.0100pay 0.0050% / 4h1h 19m$22.0M$20.5M25x
ShortRISEx AERO/USDC0.69100.0676get 0.0084% / 1h19m 44s$214K$367K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$120.92
Price spread: +0.159% → +0.025%
$13.42
Slippage, 4 orders
−$19.3
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee RISEx: 3 bp × 2 orders
−$6
Net
$98.04
Costs to cover
0.363%
Break-even
1.3 days
Slippage from Bybit: live order book, 4 min ago; RISEx: live order book, 64 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, 4 min ago1.45 bp12.2 bp −$1229.7 bp −$297doesn't fitdoesn't fit
Sell RISEx live order book, 64 min ago2.97 bp6.6 bp −$7doesn'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−0.0185%1h0.6900+0.014%$55K$11K10xas long as short
Hyperliquid AERO+0.0100%1h0.6906+0.096%$23.2M$5.5M3xas long as short
Aster AEROUSDT+0.0100%4h0.6901+0.029%$39K$110K10xas long as short
Binance AEROUSDT+0.0100%4h0.6898−0.014%$25.5M$25.4M75xas long as short
Bybit AEROUSDTlong+0.0100%4h0.6899long leg$22.0M$20.5M25x
OKX AERO-USDT-SWAP+0.0100%4h0.6901+0.029%$2.3M$6.8M20xas long as short
Gate AERO_USDT+0.0100%4h0.6901+0.029%$1.6M$533K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6901+0.029%$8.2M$1.7M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6903+0.058%$2.1M$906K50xas long as short
Bitget AEROUSDT+0.0100%4h0.6900+0.014%$4.1M$2.1M75xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AERO-USDT+0.0100%4h0.6904+0.072%$1.8Mas long as short
Variational Omni AERO+0.0100%4h0.6907+0.118%$1.9M$1.7Mas long as short
Extended AERO-USD+0.0104%1h0.6898−0.009%$202K$1.3M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6904+0.077%$46K3xas long as short
Injective AERO/USDC PERP+0.0175%1h0.6902+0.043%$4$209K5.5xas long as short
01 Exchange AEROUSD+0.0216%1h0.6910+0.164%$187$1153xas long as short
Reya AERORUSDPERP+0.0228%1h0.6905+0.085%$19K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.6912+0.188%$916K$696K25xas long as short
GMX AERO/USD [ETH-USDC]L +0.0502% / S −0.0223%1h0.6904+0.073%$92K100xas long as short
Backpack AERO_USDC_PERP+0.0526%1h0.6907+0.120%$102K$314K15xas long as short
RISEx AERO/USDCshort+0.0676%1h0.6910+0.159%$214K$367K3x
Coinbase International AERO-PERP-INTX+0.0736%1h0.6885−0.203%$91K$32K25xas long as short
Lighter AERO+0.0888%1h0.6916+0.248%$1.3M$464K3xas long as short