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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0066%/8h= −7.3% APRpaid last 24h −0.033%
Price spread now: Binance against Hyperliquid−0.068%7-day average −0.095% · you buy dearer than you sell
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−0.242%−$24 on $10k
Price spread, last 7 days+0.007%+$1 · spread now −0.068%, 7d avg −0.095%
Together, before fees−0.234%+ Points / potential airdropHyperliquid: Season 2 · farm board−$23 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.027% dearer against Hyperliquid than usual: you sell high and buy low (spread −0.068% now, against its 7-day average of −0.095%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 32 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid AERO0.68870.0166pay 0.0021% / 1h8m 26s$22.7M$5.3M3x
ShortBinance AEROUSDT0.68830.0100get 0.0050% / 4h1h 08m$25.9M$25.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Hyperliquid. 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
−$13.91
Price spread: −0.068% → −0.095%
$2.66
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Binance: 5 bp × 2 orders
−$10
Net
−$30.24
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 5 min ago; Binance: live order book, 3 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 Hyperliquid live order book, 5 min ago0.80 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 3 min ago0.73 bp15.3 bp −$1531.6 bp −$316309.2 bp −$30.9Kdoesn'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−0.1896%1h0.6893+0.080%$88K$37K25xas long as short
Deribit AERO_USDC-PERPETUAL0.0000%1h0.6884−0.051%$55K$11K10xas long as short
Injective AERO/USDC PERP+0.0033%1h0.6902+0.211%$4$209K5.5xas long as short
Aster AEROUSDT+0.0100%4h0.6885−0.036%$42K$128K10xas long as short
Binance AEROUSDTshort+0.0100%4h0.6883−0.068%$25.9M$25.3M75x
Bybit AEROUSDT+0.0100%4h0.6882−0.080%$22.5M$18.1M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6890+0.036%$2.3M$5.9M20xas long as short
Gate AERO_USDT+0.0100%4h0.6880−0.109%$1.6M$477K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6883−0.065%$8.4M$1.4M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6885−0.036%$2.0M$1.1M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AEROUSDT+0.0100%4h0.6880−0.109%$4.0M$1.9M75xas long as short
BingX AERO-USDT+0.0100%4h0.6882−0.080%$1.8Mas long as short
Variational Omni AERO+0.0100%4h0.6881−0.091%$2.0M$1.2Mas long as short
Extended AERO-USD+0.0104%1h0.6880−0.108%$203K$1.4M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6885−0.044%$46K3xas long as short
Hyperliquid AEROlong+0.0166%1h0.6887long leg$22.7M$5.3M3x
Reya AERORUSDPERP+0.0228%1h0.6883−0.060%$19K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.6880−0.109%$937K$581K25xas long as short
01 Exchange AEROUSD+0.0400%1h0.6886−0.015%$187$1013xas long as short
RISEx AERO/USDC+0.0491%1h0.6882−0.081%$202K$526K3xas long as short
GMX AERO/USD [ETH-USDC]L +0.0517% / S −0.0255%1h0.6879−0.122%$90K100xas long as short
Backpack AERO_USDC_PERP+0.0678%1h0.6889+0.019%$94K$260K15xas long as short
Lighter AERO+0.0808%1h0.6892+0.067%$1.3M$500K3xas long as short