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+0.3863%/8h= +423.0% APRnext payment +$4.83 per $10,000 · paid last 24h +0.538%
Price spread now: Coinbase International against Injective+7.476%64s7-day average · you sell dearer than you buy
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+4.490%+$449 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$116 a day on $10k at the current rate, and Coinbase International is 7.476% dearer against Injective than usual: you sell high and buy low: +$748 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective AERO/USDC PERP0.69020.0033pay 0.0004% / 1h39m 49s$4$209K5.5x
ShortCoinbase International AERO-PERP-INTX0.74180.3896get 0.0487% / 1h39m 49s$98K$37K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Injective. 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
$811.16
Price spread: +7.476% → 0.000%
$747.61
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$1,548.75
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Coinbase International: 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 Injective no order-book sample
Sell Coinbase International no order-book sample
Injective and Coinbase International: 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
Injective AERO/USDC PERPlong+0.0033%1h0.6902long leg$4$209K5.5x
Aster AEROUSDT+0.0100%4h0.6985+1.203%$40K$112K10xas long as short
Binance AEROUSDT+0.0100%4h0.6975+1.058%$26.5M$26.6M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6972+1.014%$22.5M$21.4M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6978+1.101%$2.3M$7.0M20xas long as short
Gate AERO_USDT+0.0100%4h0.6972+1.014%$1.6M$492K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6978+1.101%$8.3M$1.7M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6969+0.971%$2.1M$939K50xas long as short
Bitget AEROUSDT+0.0100%4h0.6974+1.043%$4.1M$2.2M75xas long as short
BingX AERO-USDT+0.0100%4h0.6975+1.058%$1.8Mas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AERO+0.0100%4h0.6942+0.586%$2.0M$1.8Mas long as short
Extended AERO-USD+0.0104%1h0.6974+1.048%$217K$1.7M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6965+0.920%$47K3xas long as short
Deribit AERO_USDC-PERPETUAL+0.0180%1h0.6971+1.000%$55K$11K10xas long as short
Reya AERORUSDPERP+0.0228%1h0.6969+0.977%$20K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.6942+0.580%$942K$735K25xas long as short
GMX AERO/USD [ETH-USDC]L +0.0510% / S −0.0240%1h0.6968+0.951%$91K100xas long as short
01 Exchange AEROUSD+0.0512%1h0.6976+1.065%$189$1113xas long as short
RISEx AERO/USDC+0.0687%1h0.6973+1.027%$221K$402K3xas long as short
Hyperliquid AERO+0.0753%1h0.6986+1.210%$23.5M$5.3M3xas long as short
Backpack AERO_USDC_PERP+0.1401%1h0.6997+1.378%$134K$321K15xas long as short
Lighter AERO+0.1672%1h0.6995+1.350%$1.3M$431K3xas long as short
Coinbase International AERO-PERP-INTXshort+0.3896%1h0.7418+7.476%$98K$37K25x