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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.032%
Price spread now: Hyperliquid against MEXC+0.015%7-day average +0.099% · 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+0.241%+$24 on $10k
Price spread, last 7 days+0.034%+$3 · spread now +0.015%, 7d avg +0.099%
Together, before fees+0.276%+ Points / potential airdropHyperliquid: Season 2 · farm board+$28 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: Hyperliquid is 0.085% cheaper against MEXC than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.099%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC AERO_USDT0.68770.0100pay 0.0050% / 4h2h 31m$8.2M$1.7M100x
ShortHyperliquid AERO0.68780.0100get 0.0013% / 1h31m 08s$23.2M$5.3M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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: +0.015% → +0.099%
−$8.48
Slippage, 4 orders
no order book: not counted
Fee MEXC: 4 bp × 2 orders
−$8
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$25.48
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 2 min ago; Hyperliquid: live order book, 12 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 MEXC live order book, 2 min ago0.73 bp10.0 bp −$1019.9 bp −$199115.3 bp −$11.5Kdoesn't fit
Sell Hyperliquid live order book, 12 min ago0.58 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

AERO on 22 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+0.364%$4$209K5.5xas long as short
Deribit AERO_USDC-PERPETUAL+0.0041%1h0.68770.000%$55K$11K10xas long as short
Hyperliquid AEROshort+0.0100%1h0.6878+0.015%$23.2M$5.3M3x
Aster AEROUSDT+0.0100%4h0.6883+0.088%$39K$117K10xas long as short
Binance AEROUSDT+0.0100%4h0.6877+0.002%$26.1M$26.0M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6875−0.029%$22.4M$19.4M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6878+0.015%$2.3M$6.6M20xas long as short
Gate AERO_USDT+0.0100%4h0.6876−0.015%$1.6M$498K75xas long as short
MEXC AERO_USDTlong+0.0100%4h0.6877long leg$8.2M$1.7M100x
KuCoin AEROUSDTM+0.0100%4h0.6881+0.058%$2.1M$930K50xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AEROUSDT+0.0100%4h0.6876−0.015%$4.0M$2.0M75xas long as short
BingX AERO-USDT+0.0100%4h0.68770.000%$1.8Mas long as short
Variational Omni AERO+0.0100%4h0.6875−0.023%$2.0M$1.3Mas long as short
Extended AERO-USD+0.0104%1h0.6876−0.015%$205K$2.0M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6876−0.015%$46K3xas long as short
Reya AERORUSDPERP+0.0228%1h0.6878+0.010%$19K$4K15xas long as short
01 Exchange AEROUSD+0.0392%1h0.6885+0.112%$187$1113xas long as short
GMX AERO/USD [ETH-USDC]L +0.0504% / S −0.0237%1h0.6876−0.018%$90K100xas long as short
RISEx AERO/USDC+0.0660%1h0.6879+0.036%$207K$400K3xas long as short
Lighter AERO+0.0784%1h0.6895+0.257%$1.3M$494K3xas long as short
Backpack AERO_USDC_PERP+0.1164%1h0.6886+0.127%$131K$280K15xas long as short
Coinbase International AERO-PERP-INTX+0.3256%1h0.7347+6.834%$96K$38K25xas long as short