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

AERO

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.029%
Price spread now: BloFin against Gate+0.058%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$790.795% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.151%+$15 on $10k
Price spread, last 4 days (all we have)+0.307%+$31 · spread now +0.058%, 7d avg +0.023%
Together, before fees+0.458%+$46 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.035% dearer against Gate than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.023%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.151% in total (about 7.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate AERO_USDT0.68800.0100pay 0.0050% / 4h51m 13s$1.6M$457K75x
ShortBloFin AERO-USDT0.68840.0340get 0.0170% / 4h51m 13s$941K$605K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$50.4
Price spread: +0.058% → +0.023%
$3.51
Slippage, 4 orders
−$52.48
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$25.57
Costs to cover
0.795%
Break-even
10.6 days
Slippage from Gate: live order book, 1 min ago; BloFin: live order book, 51 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 Gate live order book, 1 min ago5.09 bp27.8 bp −$28211.9 bp −$2,119doesn't fitdoesn't fit
Sell BloFin live order book, 51 min ago2.90 bp9.3 bp −$920.4 bp −$204110.6 bp −$11.1Kdoesn'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-PERPETUAL0.0000%1h0.6876−0.058%$55K$11K10xas long as short
Injective AERO/USDC PERP+0.0033%1h0.6902+0.320%$4$209K5.5xas long as short
Hyperliquid AERO+0.0100%1h0.6881+0.020%$23.1M$5.1M3xas long as short
Aster AEROUSDT+0.0100%4h0.6887+0.097%$39K$115K10xas long as short
Binance AEROUSDT+0.0100%4h0.6879−0.015%$26.1M$24.8M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6876−0.058%$22.3M$18.3M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6882+0.029%$2.3M$5.8M20xas long as short
Gate AERO_USDTlong+0.0100%4h0.6880long leg$1.6M$457K75x
MEXC AERO_USDT+0.0100%4h0.6879−0.015%$8.2M$1.5M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6887+0.102%$2.1M$932K50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AEROUSDT+0.0100%4h0.6879−0.015%$4.0M$1.8M75xas long as short
BingX AERO-USDT+0.0100%4h0.6881+0.015%$1.7Mas long as short
Variational Omni AERO+0.0100%4h0.6903+0.340%$2.0M$1.3Mas long as short
Extended AERO-USD+0.0104%1h0.6875−0.071%$209K$2.0M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6874−0.082%$46K3xas long as short
Reya AERORUSDPERP+0.0228%1h0.6879−0.016%$19K$4K15xas long as short
01 Exchange AEROUSD+0.0320%1h0.6883+0.042%$187$1013xas long as short
BloFin AERO-USDTshort+0.0340%4h0.6884+0.058%$941K$605K25x
GMX AERO/USD [ETH-USDC]L +0.0506% / S −0.0237%1h0.6878−0.028%$90K100xas long as short
RISEx AERO/USDC+0.0677%1h0.6879−0.012%$200K$430K3xas long as short
Lighter AERO+0.0840%1h0.6891+0.164%$1.3M$483K3xas long as short
Backpack AERO_USDC_PERP+0.0892%1h0.6889+0.135%$113K$292K15xas long as short
Coinbase International AERO-PERP-INTX+0.6656%1h0.6904+0.349%$90K$36K25xas long as short