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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against MEXC−0.044%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$510.514% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.008%−$1 on $10k
Price spread, last 7 days+0.070%+$7 · spread now −0.044%, 7d avg −0.005%
Together, before fees+0.062%+$6 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: BingX is 0.039% cheaper against MEXC than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC AERO_USDT0.68800.0100pay 0.0050% / 4h2h 27m$8.1M$1.6M100x
ShortBingX AERO-USDT0.68770.0100get 0.0050% / 4h2h 27m$1.8M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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

Funding earned
$0
Price spread: −0.044% → −0.005%
−$3.85
Slippage, 4 orders
−$33.38
Fee MEXC: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$55.24
Costs to cover
0.514%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; BingX: live order book, 10 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 5 min ago1.46 bp9.1 bp −$918.1 bp −$181100.7 bp −$10.1Kdoesn't fit
Sell BingX live order book, 10 min ago2.91 bp16.9 bp −$1731.5 bp −$315206.4 bp −$20.6K768.4 bp −$384.2K

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
Deribit AERO_USDC-PERPETUAL−0.0186%1h0.6879−0.015%$55K$11K10xas long as short
Injective AERO/USDC PERP+0.0052%1h0.6891+0.160%$4$166K5.5xas long as short
Hyperliquid AERO+0.0100%1h0.6883+0.049%$23.1M$5.7M3xas long as short
Aster AEROUSDT+0.0100%4h0.6876−0.064%$38K$108K10xas long as short
Binance AEROUSDT+0.0100%4h0.6883+0.047%$25.5M$25.6M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6883+0.044%$21.9M$20.5M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6882+0.029%$2.3M$6.8M20xas long as short
Gate AERO_USDT+0.0100%4h0.6876−0.058%$1.6M$562K75xas long as short
MEXC AERO_USDTlong+0.0100%4h0.6880long leg$8.1M$1.6M100x
KuCoin AEROUSDTM+0.0100%4h0.6881+0.015%$2.2M$860K50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AEROUSDT+0.0100%4h0.68800.000%$4.1M$2.2M75xas long as short
BingX AERO-USDTshort+0.0100%4h0.6877−0.044%$1.8M
Variational Omni AERO+0.0100%4h0.6871−0.135%$1.9M$1.7Mas long as short
Extended AERO-USD+0.0104%1h0.6881+0.014%$201K$1.3M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6878−0.022%$46K3xas long as short
01 Exchange AEROUSD+0.0224%1h0.6889+0.129%$187$1153xas long as short
Reya AERORUSDPERP+0.0228%1h0.6883+0.044%$19K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.6870−0.145%$910K$699K25xas long as short
Backpack AERO_USDC_PERP+0.0440%1h0.6888+0.116%$102K$313K15xas long as short
GMX AERO/USD [ETH-USDC]L +0.0502% / S −0.0229%1h0.6878−0.030%$91K100xas long as short
RISEx AERO/USDC+0.0530%1h0.6889+0.124%$222K$374K3xas long as short
Lighter AERO+0.0824%1h0.6897+0.246%$1.3M$495K3xas long as short
Coinbase International AERO-PERP-INTX+0.1488%1h0.6869−0.160%$91K$18K25xas long as short