Funding arb · Price arb /

AERO

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0452%/8h= +49.5% APRpaid last 24h +0.028%

Price spread now: 01 Exchange against Bybit−0.011%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$14 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit AEROUSDT	0.7000	0.0100	pay 0.0050% / 4h	1m 06s	$22.6M	$21.9M	25x
Short	01 Exchange AEROUSD	0.6999	0.0552	get 0.0069% / 1h	1m 06s	$190	$111	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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

Position, each leg$Hold fordaysFee BybitbpFee 01 ExchangebpOrdersPrice spread, now −0.011%Rate

Funding earned: $94.92
Price spread: −0.011% → 0.000%: −$1.14
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $75.78
Costs to cover: 0.180%
Break-even: 1.4 days

Slippage unknown: Bybit: live order book, 7 min ago; 01 Exchange: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bybit live order book, 7 min ago	0.72 bp	11.0 bp −$11	31.1 bp −$311	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

AERO on 23 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit AERO_USDC-PERPETUAL	0.0000%	1h	0.7005	+0.071%	$56K	$11K	10x	as long as short
Injective AERO/USDC PERP	+0.0033%	1h	0.6902	−1.400%	$4	$209K	5.5x	as long as short
Aster AEROUSDT	+0.0100%	4h	0.6993	−0.099%	$40K	$117K	10x	as long as short
Binance AEROUSDT	+0.0100%	4h	0.7004	+0.057%	$26.4M	$26.7M	75x	as long as short
Bybit AEROUSDTlong	+0.0100%	4h	0.7000	long leg	$22.6M	$21.9M	25x
OKX AERO-USDT-SWAP	+0.0100%	4h	0.7001	+0.014%	$2.3M	$7.0M	20x	as long as short
Gate AERO_USDT	+0.0100%	4h	0.6998	−0.029%	$1.6M	$542K	75x	as long as short
MEXC AERO_USDT	+0.0100%	4h	0.7001	+0.014%	$8.4M	$1.7M	100x	as long as short
KuCoin AEROUSDTM	+0.0100%	4h	0.7003	+0.043%	$2.2M	$945K	50x	as long as short
Bitget AEROUSDT	+0.0100%	4h	0.7002	+0.029%	$4.1M	$2.2M	75x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX AERO-USDT	+0.0100%	4h	0.7004	+0.057%	—	$1.8M	—	as long as short
Variational Omni AERO	+0.0100%	4h	0.6991	−0.135%	$2.0M	$1.8M	—	as long as short
Extended AERO-USD	+0.0104%	1h	0.7001	+0.020%	$216K	$1.3M	10x	as long as short
Aevo AERO-PERP	+0.0104%	1h	0.6995	−0.078%	$47K	—	3x	as long as short
Reya AERORUSDPERP	+0.0228%	1h	0.6994	−0.093%	$20K	$4K	15x	as long as short
BloFin AERO-USDT	+0.0340%	4h	0.6994	−0.086%	$938K	$744K	25x	as long as short
GMX AERO/USD [ETH-USDC]	L +0.0511% / S −0.0240%	1h	0.6994	−0.081%	$92K	—	100x	as long as short
Coinbase International AERO-PERP-INTX	+0.0520%	1h	0.7472	+6.743%	$99K	$36K	25x	as long as short
01 Exchange AEROUSDshort	+0.0552%	1h	0.6999	−0.011%	$190	$111	3x
RISEx AERO/USDC	+0.0563%	1h	0.6995	−0.065%	$214K	$403K	3x	as long as short
Hyperliquid AERO	+0.0567%	1h	0.7010	+0.150%	$23.6M	$5.4M	3x	as long as short
Backpack AERO_USDC_PERP	+0.0807%	1h	0.7009	+0.134%	$120K	$323K	15x	as long as short
Lighter AERO	+0.1640%	1h	0.7022	+0.310%	$1.3M	$465K	3x	as long as short