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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0123%/8h= +13.5% APRnext payment +$0.15 per $10,000 · paid last 24h +0.020%
Price spread now: GMX against Hyperliquid−0.017%7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid AERO0.68840.0100pay 0.0013% / 1h51m 05s$23.1M$5.7M3x
ShortGMX AERO/USD [ETH-USDC]0.6882L +0.0502% / S −0.0223%get 0.0028% / 1h51m 05s$92K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$25.87
Price spread: −0.017% → 0.000%
−$1.66
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee GMX: 6 bp × 2 orders
−$12
Net
$3.22
Costs to cover
0.210%
Break-even
6.1 days
Slippage unknown: Hyperliquid: live order book, 12 min ago; GMX: 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, 12 min ago0.36 bp8.8 bp −$9doesn't fitdoesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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−0.0331%1h0.6879−0.065%$55K$11K10xas long as short
Hyperliquid AEROlong+0.0100%1h0.6884long leg$23.1M$5.7M3x
Aster AEROUSDT+0.0100%4h0.6886+0.033%$39K$109K10xas long as short
Binance AEROUSDT+0.0100%4h0.6878−0.075%$25.5M$25.6M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6882−0.022%$21.9M$20.6M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6885+0.022%$2.3M$6.8M20xas long as short
Gate AERO_USDT+0.0100%4h0.6882−0.022%$1.6M$522K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6878−0.080%$8.1M$1.6M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6891+0.109%$2.1M$873K50xas long as short
Bitget AEROUSDT+0.0100%4h0.6886+0.036%$4.1M$2.2M75xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AERO-USDT+0.0100%4h0.6887+0.051%$1.8Mas long as short
Variational Omni AERO+0.0100%4h0.6900+0.246%$1.9M$1.7Mas long as short
Extended AERO-USD+0.0104%1h0.6880−0.044%$202K$1.3M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6882−0.019%$46K3xas long as short
Injective AERO/USDC PERP+0.0175%1h0.6902+0.269%$4$209K5.5xas long as short
Reya AERORUSDPERP+0.0228%1h0.6881−0.043%$19K$4K15xas long as short
01 Exchange AEROUSD+0.0256%1h0.6888+0.071%$187$1153xas long as short
BloFin AERO-USDT+0.0340%4h0.6885+0.022%$911K$693K25xas long as short
GMX AERO/USD [ETH-USDC]shortL +0.0502% / S −0.0223%1h0.6882−0.017%$92K100x
Backpack AERO_USDC_PERP+0.0539%1h0.6886+0.041%$102K$313K15xas long as short
RISEx AERO/USDC+0.0676%1h0.6888+0.061%$213K$379K3xas long as short
Coinbase International AERO-PERP-INTX+0.0736%1h0.6911+0.400%$92K$32K25xas long as short
Lighter AERO+0.0912%1h0.6897+0.203%$1.3M$464K3xas long as short