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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0133%/8h= +14.6% APRpaid last 24h +0.045%
Price spread now: GMX against KuCoin+0.755%7-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 4 days (all we have)no history yet
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 +$4 a day on $10k at the current rate, and GMX is 0.755% dearer against KuCoin than usual: you sell high and buy low: +$76 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin AEROUSDTM0.70930.0100pay 0.0050% / 4h2h 55m$2.0M$1.2M50x
ShortGMX AERO/USD [ETH-USDC]0.7147L +0.0518% / S −0.0233%get 0.0029% / 1h55m 47s$94K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against KuCoin. 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
$27.92
Price spread: +0.755% → 0.000%
$75.51
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee GMX: 6 bp × 2 orders
−$12
Net
$79.43
Costs to cover
0.240%
Break-even
from the start
Slippage unknown: KuCoin: live order book, 11 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 KuCoin live order book, 11 min ago4.91 bp54.5 bp −$54767.6 bp −$7,676doesn'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
Injective AERO/USDC PERP+0.0033%1h0.6902−2.693%$4$209K5.5xas long as short
Aster AEROUSDT+0.0100%4h0.7098+0.075%$43K$120K10xas long as short
Binance AEROUSDT+0.0100%4h0.7089−0.056%$27.0M$26.0M75xas long as short
Bybit AEROUSDT+0.0100%4h0.7086−0.099%$23.6M$19.4M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.7089−0.056%$2.4M$5.8M20xas long as short
Gate AERO_USDT+0.0100%4h0.7107+0.197%$1.7M$472K75xas long as short
MEXC AERO_USDT+0.0100%4h0.7095+0.028%$8.6M$1.4M100xas long as short
KuCoin AEROUSDTMlong+0.0100%4h0.7093long leg$2.0M$1.2M50x
Bitget AEROUSDT+0.0100%4h0.7088−0.070%$4.2M$2.0M75xas long as short
BingX AERO-USDT+0.0100%4h0.7090−0.042%$1.8Mas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AERO+0.0100%4h0.7143+0.706%$2.0M$1.1Mas long as short
Extended AERO-USD+0.0104%1h0.7108+0.213%$216K$1.4M10xas long as short
Aevo AERO-PERP+0.0104%1h0.7154+0.864%$48K3xas long as short
Reya AERORUSDPERP+0.0228%1h0.7149+0.792%$20K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.7109+0.226%$980K$591K25xas long as short
GMX AERO/USD [ETH-USDC]shortL +0.0518% / S −0.0233%1h0.7147+0.755%$94K100x
RISEx AERO/USDC+0.0706%1h0.7151+0.813%$235K$592K3xas long as short
Deribit AERO_USDC-PERPETUAL+0.0730%1h0.7147+0.761%$57K$68410xas long as short
Backpack AERO_USDC_PERP+0.0744%1h0.7142+0.685%$104K$250K15xas long as short
01 Exchange AEROUSD+0.0952%1h0.7164+1.000%$194$1013xas long as short
Hyperliquid AERO+0.1406%1h0.7108+0.214%$23.4M$6.1M3xas long as short
Lighter AERO+0.1808%1h0.7115+0.305%$1.3M$396K3xas long as short
Coinbase International AERO-PERP-INTX+0.3888%1h0.7100+0.099%$90K$40K25xas long as short