Funding arb · Price arb /

AERO

all AERO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against MEXC+0.037%7-day average +0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$57as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$570.566% of the position

Long on MEXC Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days−0.034%−$3 · spread now +0.037%, 7d avg +0.004%

Together, before fees−0.034%−$3 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.034% dearer against MEXC than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC AERO_USDT	0.6840	0.0100	pay 0.0050% / 4h	2h 56m	$8.3M	$1.5M	100x
Short	Binance AEROUSDT	0.6843	0.0100	get 0.0050% / 4h	2h 56m	$25.9M	$25.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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 MEXCbpFee BinancebpOrdersPrice spread, now +0.037%Rate

Funding earned: $0
Price spread: +0.037% → +0.004%: $3.36
Slippage, 4 orders: −$38.56
Fee MEXC: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$53.2
Costs to cover: 0.566%
Break-even: never at this rate

Slippage from MEXC: live order book, 2 min ago; Binance: live order book, 15 min ago.

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 MEXC live order book, 2 min ago	0.73 bp	11.1 bp −$11	23.2 bp −$232	133.8 bp −$13.4K	doesn't fit
Sell Binance live order book, 15 min ago	0.73 bp	11.4 bp −$11	25.5 bp −$255	264.7 bp −$26.5K	doesn't fit

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	0.0000%	1h	0.6841	+0.015%	$54K	$11K	10x	as long as short
Injective AERO/USDC PERP	+0.0033%	1h	0.6902	+0.906%	$4	$209K	5.5x	as long as short
Hyperliquid AERO	+0.0100%	1h	0.6842	+0.032%	$22.7M	$5.3M	3x	as long as short
Aster AEROUSDT	+0.0100%	4h	0.6845	+0.073%	$40K	$123K	10x	as long as short
Binance AEROUSDTshort	+0.0100%	4h	0.6843	+0.037%	$25.9M	$25.0M	75x
Bybit AEROUSDT	+0.0100%	4h	0.6840	0.000%	$22.2M	$18.0M	25x	as long as short
OKX AERO-USDT-SWAP	+0.0100%	4h	0.6844	+0.058%	$2.3M	$5.8M	20x	as long as short
Gate AERO_USDT	+0.0100%	4h	0.6837	−0.044%	$1.6M	$464K	75x	as long as short
MEXC AERO_USDTlong	+0.0100%	4h	0.6840	long leg	$8.3M	$1.5M	100x
KuCoin AEROUSDTM	+0.0100%	4h	0.6842	+0.029%	$2.3M	$1.0M	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	0.6839	−0.015%	$4.0M	$1.8M	75x	as long as short
BingX AERO-USDT	+0.0100%	4h	0.6841	+0.015%	—	$1.7M	—	as long as short
Variational Omni AERO	+0.0100%	4h	0.6841	+0.019%	$2.0M	$1.2M	—	as long as short
Extended AERO-USD	+0.0104%	1h	0.6840	−0.006%	$206K	$1.4M	10x	as long as short
Aevo AERO-PERP	+0.0104%	1h	0.6840	+0.005%	$46K	—	3x	as long as short
Reya AERORUSDPERP	+0.0228%	1h	0.6835	−0.075%	$19K	$4K	15x	as long as short
Backpack AERO_USDC_PERP	+0.0337%	1h	0.6844	+0.053%	$93K	$260K	15x	as long as short
BloFin AERO-USDT	+0.0340%	4h	0.6844	+0.058%	$941K	$588K	25x	as long as short
RISEx AERO/USDC	+0.0382%	1h	0.6838	−0.033%	$199K	$472K	3x	as long as short
01 Exchange AEROUSD	+0.0392%	1h	0.6842	+0.022%	$185	$101	3x	as long as short
GMX AERO/USD [ETH-USDC]	L +0.0505% / S −0.0237%	1h	0.6840	−0.004%	$89K	—	100x	as long as short
Lighter AERO	+0.0552%	1h	0.6853	+0.186%	$1.3M	$504K	3x	as long as short
Coinbase International AERO-PERP-INTX	+0.1984%	1h	0.6357	−7.061%	$83K	$32K	25x	as long as short