Funding arb · Price arb /

AERO

all AERO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against Gate+0.057%7-day average +0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$83as in the Funding arb table

Net, price: spread back to 7d avg − costs−$82as in the Price arb table

costs, in and out, $10k−$850.853% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.018%+$2 on $10k

Price spread, last 7 days−0.177%−$18 · spread now +0.057%, 7d avg +0.021%

Together, before fees−0.158%−$16 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: Binance is 0.036% dearer against Gate than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.021%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate AERO_USDT	0.7044	0.0100	pay 0.0050% / 4h	31m 45s	$1.6M	$535K	75x
Short	Binance AEROUSDT	0.7048	0.0100	get 0.0050% / 4h	31m 45s	$26.5M	$26.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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 GatebpFee BinancebpOrdersPrice spread, now +0.057%Rate

Funding earned: $0
Price spread: +0.057% → +0.021%: $3.6
Slippage, 4 orders: −$60.32
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$81.72
Costs to cover: 0.853%
Break-even: never at this rate

Slippage from Gate: live order book, 1 min ago; Binance: live order book, 10 min ago.

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 Gate live order book, 1 min ago	4.97 bp	28.6 bp −$29	213.4 bp −$2,134	doesn't fit	doesn't fit
Sell Binance live order book, 10 min ago	0.71 bp	16.0 bp −$16	40.0 bp −$400	206.3 bp −$20.6K	doesn't fit

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
Injective AERO/USDC PERP	+0.0033%	1h	0.6902	−2.016%	$4	$209K	5.5x	as long as short
Deribit AERO_USDC-PERPETUAL	+0.0034%	1h	0.7053	+0.128%	$56K	$11K	10x	as long as short
Aster AEROUSDT	+0.0100%	4h	0.7053	+0.132%	$41K	$113K	10x	as long as short
Binance AEROUSDTshort	+0.0100%	4h	0.7048	+0.057%	$26.5M	$26.4M	75x
Bybit AEROUSDT	+0.0100%	4h	0.7045	+0.014%	$22.8M	$21.7M	25x	as long as short
OKX AERO-USDT-SWAP	+0.0100%	4h	0.7048	+0.057%	$2.3M	$7.1M	20x	as long as short
Gate AERO_USDTlong	+0.0100%	4h	0.7044	long leg	$1.6M	$535K	75x
MEXC AERO_USDT	+0.0100%	4h	0.7046	+0.028%	$8.4M	$1.7M	100x	as long as short
KuCoin AEROUSDTM	+0.0100%	4h	0.7047	+0.043%	$2.2M	$935K	50x	as long as short
Bitget AEROUSDT	+0.0100%	4h	0.7045	+0.014%	$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	0.7049	+0.071%	—	$1.8M	—	as long as short
Variational Omni AERO	+0.0100%	4h	0.7044	+0.003%	$2.1M	$1.8M	—	as long as short
Extended AERO-USD	+0.0104%	1h	0.7045	+0.018%	$218K	$1.3M	10x	as long as short
Aevo AERO-PERP	+0.0104%	1h	0.7050	+0.080%	$47K	—	3x	as long as short
Reya AERORUSDPERP	+0.0228%	1h	0.7068	+0.339%	$20K	$4K	15x	as long as short
BloFin AERO-USDT	+0.0340%	4h	0.7056	+0.170%	$943K	$719K	25x	as long as short
GMX AERO/USD [ETH-USDC]	L +0.0515% / S −0.0250%	1h	0.7063	+0.274%	$91K	—	100x	as long as short
Coinbase International AERO-PERP-INTX	+0.0520%	1h	0.7545	+7.112%	$100K	$35K	25x	as long as short
RISEx AERO/USDC	+0.0563%	1h	0.7048	+0.060%	$239K	$392K	3x	as long as short
Hyperliquid AERO	+0.0632%	1h	0.7056	+0.163%	$23.7M	$5.4M	3x	as long as short
01 Exchange AEROUSD	+0.0720%	1h	0.7078	+0.490%	$192	$111	3x	as long as short
Backpack AERO_USDC_PERP	+0.1062%	1h	0.7061	+0.241%	$105K	$316K	15x	as long as short
Lighter AERO	+0.1944%	1h	0.7065	+0.304%	$1.3M	$461K	3x	as long as short