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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0788%/8h= +86.2% APRpaid last 24h +0.035%
Price spread now: Hyperliquid against Gate+0.257%7-day average +0.121% · you sell dearer than you buy
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 7 days+0.279%+$28 on $10k
Price spread, last 7 days−0.123%−$12 · spread now +0.257%, 7d avg +0.121%
Together, before fees+0.156%+ Points / potential airdropHyperliquid: Season 2 · farm board+$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and Hyperliquid is 0.136% dearer against Gate than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.121%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.279% in total (about 14.5% a year). A funding rate is set anew for every payment. 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_USDT0.69360.0100pay 0.0050% / 4h3h 23m$1.6M$468K75x
ShortHyperliquid AERO0.69540.0888get 0.0111% / 1h23m 12s$22.9M$5.4M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
$165.39
Price spread: +0.257% → +0.121%
$13.57
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$154.97
Costs to cover
0.240%
Break-even
0.4 days
Slippage unknown: Gate: live order book, 4 min ago; Hyperliquid: live order book, 10 min ago. 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 Gate live order book, 4 min ago3.62 bp27.7 bp −$28206.1 bp −$2,061doesn't fitdoesn't fit
Sell Hyperliquid live order book, 10 min ago1.30 bpdoesn't fitdoesn't fitdoesn't fitdoesn'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
Coinbase International AERO-PERP-INTX−0.0280%1h0.6950+0.202%$88K$39K25xas long as short
Injective AERO/USDC PERP+0.0033%1h0.6902−0.490%$4$209K5.5xas long as short
Aster AEROUSDT+0.0100%4h0.6944+0.119%$42K$127K10xas long as short
Binance AEROUSDT+0.0100%4h0.6949+0.187%$26.1M$24.9M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6944+0.115%$22.8M$17.9M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6949+0.187%$2.3M$5.7M20xas long as short
Gate AERO_USDTlong+0.0100%4h0.6936long leg$1.6M$468K75x
MEXC AERO_USDT+0.0100%4h0.6951+0.216%$8.5M$1.4M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6945+0.130%$2.0M$1.2M50xas long as short
Bitget AEROUSDT+0.0100%4h0.6947+0.159%$4.1M$1.9M75xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AERO-USDT+0.0100%4h0.6940+0.058%$1.8Mas long as short
Variational Omni AERO+0.0100%4h0.6889−0.675%$2.0M$1.2Mas long as short
Extended AERO-USD+0.0104%1h0.6948+0.171%$210K$1.4M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6944+0.120%$47K3xas long as short
Reya AERORUSDPERP+0.0228%1h0.6946+0.142%$19K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.6934−0.029%$954K$561K25xas long as short
RISEx AERO/USDC+0.0503%1h0.6938+0.030%$199K$573K3xas long as short
GMX AERO/USD [ETH-USDC]L +0.0520% / S −0.0255%1h0.6940+0.065%$91K100xas long as short
Deribit AERO_USDC-PERPETUAL+0.0614%1h0.6950+0.202%$55K$11K10xas long as short
01 Exchange AEROUSD+0.0704%1h0.6946+0.146%$188$1013xas long as short
Backpack AERO_USDC_PERP+0.0750%1h0.6952+0.228%$96K$262K15xas long as short
Hyperliquid AEROshort+0.0888%1h0.6954+0.257%$22.9M$5.4M3x
Lighter AERO+0.1448%1h0.6963+0.385%$1.3M$389K3xas long as short