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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0518%/8h= −56.8% APRpaid last 24h −0.024%
Price spread now: OKX against Hyperliquid−0.104%7-day average −0.091% · 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−0.205%−$21 on $10k
Price spread, last 7 days+0.052%+$5 · spread now −0.104%, 7d avg −0.091%
Together, before fees−0.154%+ Points / potential airdropHyperliquid: Season 2 · farm board−$15 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.091%, so right now this pair is about funding alone: −$16 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.205% in total (about -10.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid AERO0.70510.0618pay 0.0077% / 1h29m 24s$23.7M$5.4M3x
ShortOKX AERO-USDT-SWAP0.70440.0100get 0.0050% / 4h29m 24s$2.3M$7.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$108.85
Price spread: −0.104% → −0.091%
−$1.26
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee OKX: 5 bp × 2 orders
−$10
Net
−$129.11
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 4 min ago; OKX: live order book, 4 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, 4 min ago1.27 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 4 min ago0.71 bp13.0 bp −$1338.8 bp −$388doesn'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
Injective AERO/USDC PERP+0.0033%1h0.6902−2.117%$4$209K5.5xas long as short
Aster AEROUSDT+0.0100%4h0.7046−0.069%$41K$113K10xas long as short
Binance AEROUSDT+0.0100%4h0.7044−0.104%$26.5M$26.5M75xas long as short
Bybit AEROUSDT+0.0100%4h0.7042−0.132%$22.8M$21.7M25xas long as short
OKX AERO-USDT-SWAPshort+0.0100%4h0.7044−0.104%$2.3M$7.1M20x
Gate AERO_USDT+0.0100%4h0.7039−0.174%$1.6M$535K75xas long as short
MEXC AERO_USDT+0.0100%4h0.7043−0.118%$8.4M$1.7M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.7041−0.146%$2.2M$937K50xas long as short
Bitget AEROUSDT+0.0100%4h0.7041−0.146%$4.1M$2.2M75xas long as short
BingX AERO-USDT+0.0100%4h0.7041−0.146%$1.8Mas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AERO+0.0100%4h0.7041−0.143%$2.1M$1.8Mas long as short
Extended AERO-USD+0.0104%1h0.7042−0.133%$218K$1.3M10xas long as short
Aevo AERO-PERP+0.0104%1h0.7042−0.132%$47K3xas long as short
Deribit AERO_USDC-PERPETUAL+0.0176%1h0.7045−0.089%$56K$11K10xas long as short
Reya AERORUSDPERP+0.0228%1h0.7039−0.172%$20K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.7040−0.160%$944K$717K25xas long as short
GMX AERO/USD [ETH-USDC]L +0.0514% / S −0.0250%1h0.7038−0.192%$91K100xas long as short
Coinbase International AERO-PERP-INTX+0.0520%1h0.7523+6.690%$100K$35K25xas long as short
RISEx AERO/USDC+0.0563%1h0.7043−0.113%$235K$394K3xas long as short
Hyperliquid AEROlong+0.0618%1h0.7051long leg$23.7M$5.4M3x
01 Exchange AEROUSD+0.0704%1h0.7053+0.027%$191$1113xas long as short
Backpack AERO_USDC_PERP+0.1037%1h0.7050−0.013%$105K$316K15xas long as short
Lighter AERO+0.1928%1h0.7058+0.091%$1.3M$461K3xas long as short