Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.081%
Price spread now: Deribit against Hyperliquid−0.062%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.062% cheaper against Hyperliquid than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid AERO | 0.6894 | 0.0100 | pay 0.0013% / 1h | 54m 02s | $23.2M | $5.1M | 3x |
| Short | Deribit AERO_USDC-PERPETUAL | 0.6890 | 0 | get 0.0000% / 1h | 54m 02s | $55K | $11K | 10x |
Hyperliquid AERO
Deribit AERO_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Hyperliquid. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21
- Price spread: −0.062% → 0.000%
- −$6.24
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$43.24
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 9 min ago; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Hyperliquid live order book, 9 min ago | 1.82 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit AERO_USDC-PERPETUALshort | 0.0000% | 1h | 0.6890 | −0.062% | $55K | $11K | 10x | |
| Injective AERO/USDC PERP | +0.0033% | 1h | 0.6902 | +0.112% | $4 | $209K | 5.5x | as long as short |
| Hyperliquid AEROlong | +0.0100% | 1h | 0.6894 | long leg | $23.2M | $5.1M | 3x | |
| Aster AEROUSDT | +0.0100% | 4h | 0.6896 | +0.030% | $39K | $115K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6893 | −0.019% | $26.1M | $24.8M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6891 | −0.048% | $22.4M | $18.4M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6895 | +0.010% | $2.3M | $5.8M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6894 | −0.004% | $1.6M | $457K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6894 | −0.004% | $8.3M | $1.5M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6896 | +0.025% | $2.1M | $931K | 50x | as long as short |
Injective AERO/USDC PERP
Aster AEROUSDT
Binance AEROUSDT
Bybit AEROUSDT
OKX AERO-USDT-SWAP
Gate AERO_USDT
MEXC AERO_USDT
KuCoin AEROUSDTMShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AEROUSDT | +0.0100% | 4h | 0.6891 | −0.048% | $4.0M | $1.9M | 75x | as long as short |
| BingX AERO-USDT | +0.0100% | 4h | 0.6896 | +0.025% | — | $1.7M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6903 | +0.131% | $2.0M | $1.3M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6888 | −0.095% | $208K | $2.0M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6897 | +0.034% | $46K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6894 | −0.002% | $19K | $4K | 15x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6893 | −0.019% | $945K | $609K | 25x | as long as short |
| 01 Exchange AEROUSD | +0.0344% | 1h | 0.6899 | +0.062% | $187 | $101 | 3x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0506% / S −0.0237% | 1h | 0.6890 | −0.062% | $90K | — | 100x | as long as short |
| RISEx AERO/USDC | +0.0677% | 1h | 0.6895 | +0.006% | $203K | $428K | 3x | as long as short |
| Lighter AERO | +0.0920% | 1h | 0.6904 | +0.135% | $1.3M | $483K | 3x | as long as short |
| Backpack AERO_USDC_PERP | +0.0981% | 1h | 0.6900 | +0.084% | $113K | $292K | 15x | as long as short |
| Coinbase International AERO-PERP-INTX | +0.6656% | 1h | 0.6900 | +0.083% | $90K | $36K | 25x | as long as short |
Bitget AEROUSDT
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Reya AERORUSDPERP
BloFin AERO-USDT
01 Exchange AEROUSD
GMX AERO/USD [ETH-USDC]
RISEx AERO/USDC
Lighter AERO
Backpack AERO_USDC_PERP
Coinbase International AERO-PERP-INTX