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+0.0415%/8h= +45.5% APRnext payment +$0.52 per $10,000 · paid last 24h +0.089%
Price spread now: GMX against Deribit−0.020%7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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: +$12 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit AERO_USDC-PERPETUAL0.6885−0.0186get 0.0023% / 1h26m 36s$55K$11K10x
ShortGMX AERO/USD [ETH-USDC]0.6884L +0.0502% / S −0.0229%get 0.0029% / 1h26m 36s$91K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Deribit. 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
$87.19
Price spread: −0.020% → 0.000%
−$1.99
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee GMX: 6 bp × 2 orders
−$12
Net
$66.2
Costs to cover
0.190%
Break-even
1.7 days
Slippage unknown: Deribit: no order-book sample; GMX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Deribit no order-book sample
Sell GMX no order-book sample
Deribit and GMX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit AERO_USDC-PERPETUALlong−0.0186%1h0.6885long leg$55K$11K10x
Injective AERO/USDC PERP+0.0052%1h0.6891+0.087%$4$166K5.5xas long as short
Hyperliquid AERO+0.0100%1h0.6891+0.087%$23.2M$5.7M3xas long as short
Aster AEROUSDT+0.0100%4h0.6876−0.136%$38K$108K10xas long as short
Binance AEROUSDT+0.0100%4h0.6893+0.116%$25.5M$25.6M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6893+0.116%$21.9M$20.5M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6889+0.058%$2.3M$6.8M20xas long as short
Gate AERO_USDT+0.0100%4h0.6882−0.044%$1.6M$562K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6888+0.044%$8.2M$1.6M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6882−0.044%$2.2M$860K50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AEROUSDT+0.0100%4h0.6887+0.029%$4.1M$2.2M75xas long as short
BingX AERO-USDT+0.0100%4h0.6888+0.044%$1.8Mas long as short
Variational Omni AERO+0.0100%4h0.6871−0.208%$1.9M$1.7Mas long as short
Extended AERO-USD+0.0104%1h0.6887+0.029%$201K$1.3M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6883−0.027%$46K3xas long as short
Reya AERORUSDPERP+0.0228%1h0.6883−0.029%$19K$4K15xas long as short
01 Exchange AEROUSD+0.0232%1h0.6898+0.186%$187$1153xas long as short
BloFin AERO-USDT+0.0340%4h0.6884−0.015%$912K$690K25xas long as short
Backpack AERO_USDC_PERP+0.0440%1h0.6892+0.103%$102K$313K15xas long as short
GMX AERO/USD [ETH-USDC]shortL +0.0502% / S −0.0229%1h0.6884−0.020%$91K100x
RISEx AERO/USDC+0.0530%1h0.6894+0.130%$222K$374K3xas long as short
Lighter AERO+0.0840%1h0.6907+0.321%$1.3M$495K3xas long as short
Coinbase International AERO-PERP-INTX+0.1488%1h0.6895+0.145%$92K$23K25xas long as short