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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Bybit against Extended−0.013%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$550.552% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.054%−$5 on $10k
Price spread, last 4 days (all we have)+0.095%+$9 · spread now −0.013%, 7d avg +0.028%
Together, before fees+0.040%+ Points / potential airdropExtended: Active · farm board+$4 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: Bybit is 0.041% cheaper against Extended than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.028%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended AERO-USD0.70420.0104pay 0.0013% / 1h29m 06s$218K$1.3M10x
ShortBybit AEROUSDT0.70410.0100get 0.0050% / 4h29m 06s$22.8M$21.7M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Extended. 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
−$0.84
Price spread: −0.013% → +0.028%
−$4.13
Slippage, 4 orders
−$39.23
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$60.2
Costs to cover
0.552%
Break-even
never at this rate
Slippage from Extended: live order book, 4 min ago; Bybit: live order book, 4 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 Extended live order book, 4 min ago2.69 bp16.2 bp −$16126.4 bp −$1,264doesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago0.71 bp11.7 bp −$1235.6 bp −$356259.9 bp −$26.0Kdoesn'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%1h0.6902−1.987%$4$209K5.5xas long as short
Aster AEROUSDT+0.0100%4h0.7047+0.072%$41K$113K10xas long as short
Binance AEROUSDT+0.0100%4h0.7046+0.058%$26.5M$26.5M75xas long as short
Bybit AEROUSDTshort+0.0100%4h0.7041−0.013%$22.8M$21.7M25x
OKX AERO-USDT-SWAP+0.0100%4h0.7046+0.058%$2.3M$7.1M20xas long as short
Gate AERO_USDT+0.0100%4h0.7040−0.028%$1.6M$535K75xas long as short
MEXC AERO_USDT+0.0100%4h0.7045+0.043%$8.4M$1.7M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.7040−0.028%$2.2M$937K50xas long as short
Bitget AEROUSDT+0.0100%4h0.7040−0.028%$4.1M$2.2M75xas long as short
BingX AERO-USDT+0.0100%4h0.7042+0.001%$1.8Mas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AERO+0.0100%4h0.7041−0.011%$2.1M$1.8Mas long as short
Extended AERO-USDlong+0.0104%1h0.7042long leg$218K$1.3M10x
Aevo AERO-PERP+0.0104%1h0.7042+0.001%$47K3xas long as short
Deribit AERO_USDC-PERPETUAL+0.0176%1h0.7045+0.043%$56K$11K10xas long as short
Reya AERORUSDPERP+0.0228%1h0.7039−0.040%$20K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.7048+0.086%$945K$732K25xas long as short
GMX AERO/USD [ETH-USDC]L +0.0514% / S −0.0250%1h0.7038−0.059%$91K100xas long as short
Coinbase International AERO-PERP-INTX+0.0520%1h0.7523+6.831%$100K$35K25xas long as short
RISEx AERO/USDC+0.0563%1h0.7043+0.019%$235K$394K3xas long as short
Hyperliquid AERO+0.0617%1h0.7054+0.167%$23.7M$5.4M3xas long as short
01 Exchange AEROUSD+0.0704%1h0.7053+0.160%$191$1113xas long as short
Backpack AERO_USDC_PERP+0.1032%1h0.7050+0.110%$105K$316K15xas long as short
Lighter AERO+0.1920%1h0.7064+0.306%$1.3M$461K3xas long as short