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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.023%
Price spread now: OKX against Injective+0.217%88s7-day average −0.734% · 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+0.148%+$15 on $10k
Price spread, last 4 days (all we have)+5.025%+$502 · spread now +0.217%, 7d avg −0.734%
Together, before fees+5.173%+$517 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and OKX is 0.951% dearer against Injective than usual: you sell high and buy low: +$95 more if the spread goes back to its 7-day average of −0.734%. The two prices were read 88 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% / 1h25m 47s$4$209K5.5x
ShortOKX AERO-USDT-SWAP0.69170.0100get 0.0050% / 4h25m 47s$2.3M$5.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$14
Price spread: +0.217% → −0.734%
$95.13
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee OKX: 5 bp × 2 orders
−$10
Net
$99.11
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; OKX: live order book, 2 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 Injective no order-book sample
Sell OKX live order book, 2 min ago1.45 bp15.5 bp −$1547.9 bp −$479doesn't fitdoesn't fit
Injective: 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
Hyperliquid AERO+0.0100%1h0.6917+0.219%$23.1M$5.1M3xas long as short
Aster AEROUSDT+0.0100%4h0.6917+0.222%$40K$118K10xas long as short
Binance AEROUSDT+0.0100%4h0.6917+0.217%$26.3M$24.8M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6914+0.174%$22.4M$18.1M25xas long as short
OKX AERO-USDT-SWAPshort+0.0100%4h0.6917+0.217%$2.3M$5.9M20x
Gate AERO_USDT+0.0100%4h0.6910+0.116%$1.6M$464K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6917+0.217%$8.3M$1.5M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6914+0.174%$2.1M$930K50xas long as short
Bitget AEROUSDT+0.0100%4h0.6912+0.145%$4.1M$1.8M75xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AERO-USDT+0.0100%4h0.6914+0.174%$1.7Mas long as short
Variational Omni AERO+0.0100%4h0.6905+0.039%$2.0M$1.2Mas long as short
Extended AERO-USD+0.0104%1h0.6912+0.141%$209K$2.0M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6904+0.027%$46K3xas long as short
Reya AERORUSDPERP+0.0228%1h0.6907+0.067%$19K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.6908+0.087%$934K$586K25xas long as short
01 Exchange AEROUSD+0.0440%1h0.6917+0.223%$187$1013xas long as short
Deribit AERO_USDC-PERPETUAL+0.0474%1h0.6912+0.145%$55K$11K10xas long as short
GMX AERO/USD [ETH-USDC]L +0.0507% / S −0.0237%1h0.6904+0.025%$90K100xas long as short
RISEx AERO/USDC+0.0677%1h0.6911+0.128%$231K$447K3xas long as short
Lighter AERO+0.0824%1h0.6930+0.401%$1.3M$487K3xas long as short
Backpack AERO_USDC_PERP+0.0910%1h0.6922+0.291%$115K$291K15xas long as short
Coinbase International AERO-PERP-INTX+0.6656%1h0.6921+0.275%$90K$35K25xas long as short