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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.024%
Price spread now: Bybit against Hyperliquid−0.078%7-day average −0.099% · 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−0.278%−$28 on $10k
Price spread, last 7 days+0.075%+$8 · spread now −0.078%, 7d avg −0.099%
Together, before fees−0.202%+ Points / potential airdropHyperliquid: Season 2 · farm board−$20 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.021% dearer against Hyperliquid than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.099%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid AERO0.69130.0100pay 0.0013% / 1h1m 01s$23.2M$5.3M3x
ShortBybit AEROUSDT0.69080.0100get 0.0050% / 4h1h 01m$22.0M$20.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: −0.078% → −0.099%
$2.09
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$17.91
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 12 min ago; Bybit: 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, 12 min ago1.23 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago0.73 bp10.9 bp −$1128.4 bp −$284302.0 bp −$30.2Kdoesn'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%1h0.6901−0.179%$55K$11K10xas long as short
Hyperliquid AEROlong+0.0100%1h0.6913long leg$23.2M$5.3M3x
Aster AEROUSDT+0.0100%4h0.6907−0.090%$39K$109K10xas long as short
Binance AEROUSDT+0.0100%4h0.6909−0.064%$25.6M$25.3M75xas long as short
Bybit AEROUSDTshort+0.0100%4h0.6908−0.078%$22.0M$20.4M25x
OKX AERO-USDT-SWAP+0.0100%4h0.6909−0.064%$2.3M$6.8M20xas long as short
Gate AERO_USDT+0.0100%4h0.6903−0.150%$1.6M$533K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6908−0.078%$8.2M$1.7M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6901−0.179%$2.1M$904K50xas long as short
Bitget AEROUSDT+0.0100%4h0.6905−0.122%$4.1M$2.1M75xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AERO-USDT+0.0100%4h0.6908−0.078%$1.8Mas long as short
Variational Omni AERO+0.0100%4h0.6896−0.251%$1.9M$1.7Mas long as short
Extended AERO-USD+0.0104%1h0.6908−0.073%$202K$1.3M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6900−0.196%$46K3xas long as short
Injective AERO/USDC PERP+0.0175%1h0.6902−0.165%$4$209K5.5xas long as short
Reya AERORUSDPERP+0.0228%1h0.6901−0.178%$19K$4K15xas long as short
01 Exchange AEROUSD+0.0232%1h0.6906−0.100%$187$1153xas long as short
BloFin AERO-USDT+0.0340%4h0.6904−0.136%$914K$695K25xas long as short
GMX AERO/USD [ETH-USDC]L +0.0502% / S −0.0223%1h0.6902−0.171%$92K100xas long as short
Backpack AERO_USDC_PERP+0.0554%1h0.6915+0.026%$102K$312K15xas long as short
RISEx AERO/USDC+0.0676%1h0.6906−0.114%$218K$369K3xas long as short
Coinbase International AERO-PERP-INTX+0.0736%1h0.6913−0.006%$92K$32K25xas long as short
Lighter AERO+0.0912%1h0.6921+0.108%$1.3M$464K3xas long as short