AERO

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0128%/8h= +14.0% APRnext payment +$0.16 per $10,000 · paid last 24h +0.032%

Price spread now: Reya against Hyperliquid−0.110%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Hyperliquid Short on Reya

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · Reya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.110% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.110% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 2.9 days of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid AERO	0.6873	0.0100	pay 0.0013% / 1h	43m 41s	$23.1M	$5.7M	3x
Short	Reya AERORUSDPERP	0.6866	0.0228	get 0.0029% / 1h	43m 41s	$19K	$4K	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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

Position, each leg$Hold fordaysFee HyperliquidbpFee ReyabpOrdersPrice spread, now −0.110%Rate

Funding earned: $26.92
Price spread: −0.110% → 0.000%: −$11.02
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Reya: 3 bp × 2 orders: −$6
Net: $0.9
Costs to cover: 0.150%
Break-even: 6.8 days

Slippage unknown: Hyperliquid: live order book, 9 min ago; Reya: 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	1.68 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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-PERPETUAL	−0.0332%	1h	0.6864	−0.135%	$54K	$11K	10x	as long as short
Injective AERO/USDC PERP	+0.0052%	1h	0.6891	+0.258%	$4	$166K	5.5x	as long as short
Hyperliquid AEROlong	+0.0100%	1h	0.6873	long leg	$23.1M	$5.7M	3x
Aster AEROUSDT	+0.0100%	4h	0.6872	−0.022%	$38K	$108K	10x	as long as short
Binance AEROUSDT	+0.0100%	4h	0.6870	−0.049%	$25.4M	$25.6M	75x	as long as short
Bybit AEROUSDT	+0.0100%	4h	0.6868	−0.077%	$21.8M	$20.5M	25x	as long as short
OKX AERO-USDT-SWAP	+0.0100%	4h	0.6870	−0.048%	$2.3M	$6.8M	20x	as long as short
Gate AERO_USDT	+0.0100%	4h	0.6864	−0.135%	$1.6M	$562K	75x	as long as short
MEXC AERO_USDT	+0.0100%	4h	0.6871	−0.033%	$8.1M	$1.6M	100x	as long as short
KuCoin AEROUSDTM	+0.0100%	4h	0.6865	−0.121%	$2.2M	$859K	50x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget AEROUSDT	+0.0100%	4h	0.6867	−0.092%	$4.1M	$2.2M	75x	as long as short
BingX AERO-USDT	+0.0100%	4h	0.6866	−0.106%	—	$1.8M	—	as long as short
Variational Omni AERO	+0.0100%	4h	0.6867	−0.091%	$1.9M	$1.6M	—	as long as short
Extended AERO-USD	+0.0104%	1h	0.6869	−0.057%	$201K	$1.3M	10x	as long as short
Aevo AERO-PERP	+0.0104%	1h	0.6865	−0.128%	$46K	—	3x	as long as short
01 Exchange AEROUSD	+0.0184%	1h	0.6870	−0.049%	$186	$115	3x	as long as short
Reya AERORUSDPERPshort	+0.0228%	1h	0.6866	−0.110%	$19K	$4K	15x
BloFin AERO-USDT	+0.0340%	4h	0.6867	−0.092%	$914K	$702K	25x	as long as short
Backpack AERO_USDC_PERP	+0.0448%	1h	0.6871	−0.036%	$101K	$313K	15x	as long as short
GMX AERO/USD [ETH-USDC]	L +0.0502% / S −0.0229%	1h	0.6865	−0.116%	$91K	—	100x	as long as short
RISEx AERO/USDC	+0.0530%	1h	0.6872	−0.018%	$219K	$378K	3x	as long as short
Lighter AERO	+0.0760%	1h	0.6884	+0.153%	$1.3M	$492K	3x	as long as short
Coinbase International AERO-PERP-INTX	+0.1488%	1h	0.6869	−0.063%	$91K	$18K	25x	as long as short