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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against OKX−0.058%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$550.545% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.052%−$5 on $10k
Price spread, last 7 days+0.109%+$11 · spread now −0.058%, 7d avg −0.011%
Together, before fees+0.058%+$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: Bybit is 0.047% cheaper against OKX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX AERO-USDT-SWAP0.69490.0100pay 0.0050% / 4h3h 59m$2.3M$5.9M20x
ShortBybit AEROUSDT0.69450.0100get 0.0050% / 4h3h 59m$22.5M$18.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against OKX. 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: −0.058% → −0.011%
−$4.69
Slippage, 4 orders
−$33.55
Fee OKX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$59.24
Costs to cover
0.545%
Break-even
never at this rate
Slippage from OKX: live order book, 3 min ago; Bybit: live order book, 4 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 OKX live order book, 3 min ago1.44 bp14.6 bp −$1538.3 bp −$383doesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago1.44 bp12.2 bp −$1233.6 bp −$336doesn't fitdoesn't fit

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%1h0.6902−0.676%$4$209K5.5xas long as short
Hyperliquid AERO+0.0100%1h0.6948−0.017%$23.2M$5.1M3xas long as short
Aster AEROUSDT+0.0100%4h0.6937−0.179%$40K$118K10xas long as short
Binance AEROUSDT+0.0100%4h0.6948−0.014%$26.4M$24.8M75xas long as short
Bybit AEROUSDTshort+0.0100%4h0.6945−0.058%$22.5M$18.1M25x
OKX AERO-USDT-SWAPlong+0.0100%4h0.6949long leg$2.3M$5.9M20x
Gate AERO_USDT+0.0100%4h0.6941−0.115%$1.6M$465K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6945−0.058%$8.3M$1.5M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6942−0.101%$2.1M$926K50xas long as short
Bitget AEROUSDT+0.0100%4h0.6942−0.101%$4.1M$1.8M75xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AERO-USDT+0.0100%4h0.6946−0.043%$1.7Mas long as short
Variational Omni AERO+0.0100%4h0.6936−0.183%$2.0M$1.2Mas long as short
Extended AERO-USD+0.0104%1h0.6944−0.074%$211K$2.0M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6940−0.122%$47K3xas long as short
Reya AERORUSDPERP+0.0228%1h0.6943−0.085%$19K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.6941−0.115%$950K$576K25xas long as short
Deribit AERO_USDC-PERPETUAL+0.0471%1h0.6944−0.072%$55K$11K10xas long as short
GMX AERO/USD [ETH-USDC]L +0.0508% / S −0.0237%1h0.6940−0.135%$90K100xas long as short
01 Exchange AEROUSD+0.0576%1h0.6958+0.125%$189$1013xas long as short
RISEx AERO/USDC+0.0677%1h0.6944−0.068%$222K$450K3xas long as short
Lighter AERO+0.0976%1h0.6958+0.130%$1.3M$487K3xas long as short
Backpack AERO_USDC_PERP+0.0996%1h0.6950+0.010%$115K$289K15xas long as short
Coinbase International AERO-PERP-INTX+0.6656%1h0.6948−0.014%$91K$35K25xas long as short