Funding arb · Price arb /

AERO

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0391%/8h= +42.9% APRpaid last 24h +0.094%

Price spread now: RISEx against Gate+0.115%7-day average +0.051% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$64as in the Price arb table

costs, in and out, $10k−$700.701% of the position

Long on Gate Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.487%+$49 on $10k

Price spread, last 4 days (all we have)−0.031%−$3 · spread now +0.115%, 7d avg +0.051%

Together, before fees+0.456%+$46 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and RISEx is 0.064% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.051%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate AERO_USDT	0.6891	0.0100	pay 0.0050% / 4h	1h 06m	$1.6M	$477K	75x
Short	RISEx AERO/USDC	0.6899	0.0491	get 0.0061% / 1h	6m 38s	$202K	$526K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.115%Rate

Funding earned: $82.2
Price spread: +0.115% → +0.051%: $6.41
Slippage, 4 orders: −$49.15
Fee Gate: 7.5 bp × 2 orders: −$15
Fee RISEx: 3 bp × 2 orders: −$6
Net: $18.46
Costs to cover: 0.701%
Break-even: 5.4 days

Slippage from Gate: live order book, 1 min ago; RISEx: live order book, 37 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	2.17 bp	21.6 bp −$22	178.1 bp −$1,781	doesn't fit	doesn't fit
Sell RISEx live order book, 37 min ago	0.65 bp	4.4 bp −$4	doesn't fit	doesn't fit	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
Coinbase International AERO-PERP-INTX	−0.1896%	1h	0.6500	−5.674%	$83K	$35K	25x	as long as short
Injective AERO/USDC PERP	+0.0033%	1h	0.6902	+0.160%	$4	$209K	5.5x	as long as short
Deribit AERO_USDC-PERPETUAL	+0.0040%	1h	0.6899	+0.116%	$55K	$11K	10x	as long as short
Aster AEROUSDT	+0.0100%	4h	0.6901	+0.140%	$42K	$128K	10x	as long as short
Binance AEROUSDT	+0.0100%	4h	0.6902	+0.160%	$26.0M	$25.3M	75x	as long as short
Bybit AEROUSDT	+0.0100%	4h	0.6898	+0.102%	$22.5M	$18.1M	25x	as long as short
OKX AERO-USDT-SWAP	+0.0100%	4h	0.6902	+0.160%	$2.3M	$5.9M	20x	as long as short
Gate AERO_USDTlong	+0.0100%	4h	0.6891	long leg	$1.6M	$477K	75x
MEXC AERO_USDT	+0.0100%	4h	0.6900	+0.131%	$8.4M	$1.4M	100x	as long as short
KuCoin AEROUSDTM	+0.0100%	4h	0.6896	+0.073%	$2.0M	$1.1M	50x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget AEROUSDT	+0.0100%	4h	0.6896	+0.073%	$4.0M	$1.9M	75x	as long as short
BingX AERO-USDT	+0.0100%	4h	0.6892	+0.015%	—	$1.8M	—	as long as short
Variational Omni AERO	+0.0100%	4h	0.6881	−0.142%	$2.0M	$1.2M	—	as long as short
Extended AERO-USD	+0.0104%	1h	0.6900	+0.128%	$204K	$1.4M	10x	as long as short
Aevo AERO-PERP	+0.0104%	1h	0.6898	+0.097%	$46K	—	3x	as long as short
Hyperliquid AERO	+0.0162%	1h	0.6906	+0.218%	$22.8M	$5.3M	3x	as long as short
Reya AERORUSDPERP	+0.0228%	1h	0.6897	+0.086%	$19K	$4K	15x	as long as short
BloFin AERO-USDT	+0.0340%	4h	0.6887	−0.058%	$938K	$582K	25x	as long as short
01 Exchange AEROUSD	+0.0400%	1h	0.6897	+0.089%	$187	$101	3x	as long as short
RISEx AERO/USDCshort	+0.0491%	1h	0.6899	+0.115%	$202K	$526K	3x
GMX AERO/USD [ETH-USDC]	L +0.0518% / S −0.0255%	1h	0.6895	+0.065%	$90K	—	100x	as long as short
Backpack AERO_USDC_PERP	+0.0680%	1h	0.6905	+0.202%	$94K	$260K	15x	as long as short
Lighter AERO	+0.0808%	1h	0.6911	+0.283%	$1.3M	$500K	3x	as long as short