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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0323%/8h= −35.4% APRnext payment $0.40 per $10,000 · paid last 24h −0.159%
Price spread now: Deribit against GMX+0.076%7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Deribit is 0.076% dearer against GMX than usual: you sell high and buy low (spread +0.076% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 19 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX AERO/USD [ETH-USDC]0.6912L +0.0507% / S −0.0237%pay 0.0063% / 1h30m 40s$90K100x
ShortDeribit AERO_USDC-PERPETUAL0.69170.0184get 0.0023% / 1h30m 40s$55K$11K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against GMX. 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
−$67.84
Price spread: +0.076% → 0.000%
$7.55
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$79.29
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Deribit: no order-book sample. 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 GMX no order-book sample
Sell Deribit no order-book sample
GMX and Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h0.6902−0.141%$4$209K5.5xas long as short
Hyperliquid AERO+0.0100%1h0.6915+0.044%$23.1M$5.1M3xas long as short
Aster AEROUSDT+0.0100%4h0.6916+0.063%$40K$118K10xas long as short
Binance AEROUSDT+0.0100%4h0.6910−0.022%$26.3M$24.8M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6911−0.011%$22.4M$18.0M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6913+0.018%$2.3M$5.9M20xas long as short
Gate AERO_USDT+0.0100%4h0.6906−0.084%$1.6M$463K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6908−0.055%$8.3M$1.5M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6906−0.084%$2.1M$930K50xas long as short
Bitget AEROUSDT+0.0100%4h0.6907−0.069%$4.1M$1.8M75xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AERO-USDT+0.0100%4h0.6908−0.055%$1.7Mas long as short
Variational Omni AERO+0.0100%4h0.6915+0.051%$2.0M$1.2Mas long as short
Extended AERO-USD+0.0104%1h0.6907−0.069%$210K$2.0M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6902−0.145%$46K3xas long as short
Deribit AERO_USDC-PERPETUALshort+0.0184%1h0.6917+0.076%$55K$11K10x
Reya AERORUSDPERP+0.0228%1h0.6914+0.025%$19K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.6902−0.141%$944K$572K25xas long as short
01 Exchange AEROUSD+0.0504%1h0.6915+0.048%$187$1013xas long as short
GMX AERO/USD [ETH-USDC]longL +0.0507% / S −0.0237%1h0.6912long leg$90K100x
RISEx AERO/USDC+0.0658%1h0.6910−0.032%$199K$460K3xas long as short
Lighter AERO+0.1000%1h0.6923+0.161%$1.3M$488K3xas long as short
Backpack AERO_USDC_PERP+0.1104%1h0.6924+0.180%$115K$248K15xas long as short
Coinbase International AERO-PERP-INTX+0.3376%1h0.6923+0.162%$90K$35K25xas long as short