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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.1388%/8h= +152.0% APRnext payment +$1.73 per $10,000 · paid last 24h +0.427%
Price spread now: Coinbase International against Hyperliquid−0.101%49s7-day average · 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+4.207%+$421 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Funding pays, the price is against you. Coinbase International is 0.101% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.101% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 6 hours of funding at the current rate (+$42 a day). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid AERO0.69020.0100pay 0.0013% / 1h15m 25s$23.2M$5.7M3x
ShortCoinbase International AERO-PERP-INTX0.68950.1488get 0.0186% / 1h15m 25s$92K$23K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$291.48
Price spread: −0.101% → 0.000%
−$10.08
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$262.4
Costs to cover
0.190%
Break-even
0.7 days
Slippage unknown: Hyperliquid: live order book, 8 min ago; Coinbase International: 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 Hyperliquid live order book, 8 min ago1.09 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Coinbase International no order-book sample
Coinbase International: 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
Deribit AERO_USDC-PERPETUAL−0.0040%1h0.6902+0.001%$55K$11K10xas long as short
Injective AERO/USDC PERP+0.0052%1h0.6902+0.001%$4$209K5.5xas long as short
Hyperliquid AEROlong+0.0100%1h0.6902long leg$23.2M$5.7M3x
Aster AEROUSDT+0.0100%4h0.6897−0.071%$39K$108K10xas long as short
Binance AEROUSDT+0.0100%4h0.6898−0.056%$25.5M$25.7M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6898−0.057%$22.0M$20.5M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6896−0.086%$2.3M$6.8M20xas long as short
Gate AERO_USDT+0.0100%4h0.6899−0.043%$1.6M$563K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6898−0.057%$8.2M$1.6M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6902+0.001%$2.2M$839K50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AEROUSDT+0.0100%4h0.6899−0.043%$4.1M$2.2M75xas long as short
BingX AERO-USDT+0.0100%4h0.6902+0.001%$1.8Mas long as short
Variational Omni AERO+0.0100%4h0.6903+0.017%$1.9M$1.7Mas long as short
Extended AERO-USD+0.0104%1h0.6897−0.066%$202K$1.3M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6900−0.032%$46K3xas long as short
Reya AERORUSDPERP+0.0228%1h0.6896−0.088%$19K$4K15xas long as short
01 Exchange AEROUSD+0.0304%1h0.6902+0.001%$187$1153xas long as short
BloFin AERO-USDT+0.0340%4h0.6901−0.014%$912K$691K25xas long as short
Backpack AERO_USDC_PERP+0.0489%1h0.6909+0.099%$102K$313K15xas long as short
GMX AERO/USD [ETH-USDC]L +0.0502% / S −0.0229%1h0.6896−0.093%$91K100xas long as short
RISEx AERO/USDC+0.0530%1h0.6902+0.006%$226K$376K3xas long as short
Lighter AERO+0.0904%1h0.6915+0.196%$1.3M$495K3xas long as short
Coinbase International AERO-PERP-INTXshort+0.1488%1h0.6895−0.101%$92K$23K25x