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−0.0047%/8h= −5.2% APRnext payment $0.06 per $10,000 · paid last 24h −0.032%
Price spread now: Extended against Hyperliquid−0.118%7-day average −0.159% · 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−0.233%−$23 on $10k
Price spread, last 7 days+0.013%+$1 · spread now −0.118%, 7d avg −0.159%
Together, before fees−0.221%+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm board−$22 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.040% dearer against Hyperliquid than usual: you sell high and buy low (spread −0.118% now, against its 7-day average of −0.159%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.9 days. At the pace of the last 7 days (−0.233% in total) that is about 29 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid AERO0.68890.0151pay 0.0019% / 1h3m 44s$22.7M$5.3M3x
ShortExtended AERO-USD0.68810.0104get 0.0013% / 1h3m 44s$204K$1.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$9.9
Price spread: −0.118% → −0.159%
$4.03
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$19.87
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 9 min ago; Extended: live order book, 5 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, 9 min ago0.80 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 5 min ago2.83 bp16.7 bp −$17112.3 bp −$1,123doesn't fitdoesn'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%1h0.6894+0.077%$88K$37K25xas long as short
Deribit AERO_USDC-PERPETUAL0.0000%1h0.6879−0.141%$55K$11K10xas long as short
Injective AERO/USDC PERP+0.0033%1h0.6902+0.193%$4$209K5.5xas long as short
Aster AEROUSDT+0.0100%4h0.6887−0.026%$42K$128K10xas long as short
Binance AEROUSDT+0.0100%4h0.6882−0.100%$25.9M$25.3M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6882−0.097%$22.5M$18.1M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6885−0.054%$2.3M$5.9M20xas long as short
Gate AERO_USDT+0.0100%4h0.6886−0.039%$1.6M$477K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6881−0.112%$8.4M$1.4M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6889+0.004%$2.0M$1.1M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AEROUSDT+0.0100%4h0.6883−0.083%$4.0M$1.9M75xas long as short
BingX AERO-USDT+0.0100%4h0.6884−0.068%$1.8Mas long as short
Variational Omni AERO+0.0100%4h0.6895+0.088%$2.0M$1.2Mas long as short
Extended AERO-USDshort+0.0104%1h0.6881−0.118%$204K$1.4M10x
Aevo AERO-PERP+0.0104%1h0.6882−0.093%$46K3xas long as short
Hyperliquid AEROlong+0.0151%1h0.6889long leg$22.7M$5.3M3x
Reya AERORUSDPERP+0.0228%1h0.6881−0.106%$19K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.6897+0.120%$939K$583K25xas long as short
01 Exchange AEROUSD+0.0408%1h0.6889+0.006%$187$1013xas long as short
RISEx AERO/USDC+0.0491%1h0.6885−0.051%$203K$527K3xas long as short
GMX AERO/USD [ETH-USDC]L +0.0518% / S −0.0255%1h0.6879−0.147%$90K100xas long as short
Backpack AERO_USDC_PERP+0.0687%1h0.6887−0.019%$94K$260K15xas long as short
Lighter AERO+0.0808%1h0.6893+0.064%$1.3M$500K3xas long as short