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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.3668%/8h= +401.6% APRnext payment +$4.58 per $10,000 · paid last 24h +0.461%
Price spread now: Coinbase International against Reya+6.375%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$110 a day on $10k at the current rate, and Coinbase International is 6.375% dearer against Reya than usual: you sell high and buy low: +$638 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya AERORUSDPERP0.69730.0228pay 0.0029% / 1h38m 09s$20K$4K15x
ShortCoinbase International AERO-PERP-INTX0.74180.3896get 0.0487% / 1h38m 09s$98K$37K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Reya. 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
$770.24
Price spread: +6.375% → 0.000%
$637.51
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$1,391.75
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Reya: no order-book sample; Coinbase International: 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 Reya no order-book sample
Sell Coinbase International no order-book sample
Reya and Coinbase International: 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%1h0.6902−1.024%$4$209K5.5xas long as short
Aster AEROUSDT+0.0100%4h0.6984+0.146%$40K$112K10xas long as short
Binance AEROUSDT+0.0100%4h0.6978+0.065%$26.5M$26.6M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6977+0.051%$22.6M$21.2M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6979+0.080%$2.3M$7.0M20xas long as short
Gate AERO_USDT+0.0100%4h0.6972−0.021%$1.6M$493K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6977+0.051%$8.3M$1.7M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6978+0.065%$2.2M$939K50xas long as short
Bitget AEROUSDT+0.0100%4h0.6979+0.080%$4.1M$2.2M75xas long as short
BingX AERO-USDT+0.0100%4h0.6977+0.051%$1.8Mas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AERO+0.0100%4h0.6942−0.445%$2.0M$1.8Mas long as short
Extended AERO-USD+0.0104%1h0.6980+0.095%$217K$1.8M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6965−0.121%$47K3xas long as short
Deribit AERO_USDC-PERPETUAL+0.0180%1h0.6982+0.123%$55K$11K10xas long as short
Reya AERORUSDPERPlong+0.0228%1h0.6973long leg$20K$4K15x
BloFin AERO-USDT+0.0340%4h0.6960−0.193%$945K$735K25xas long as short
01 Exchange AEROUSD+0.0504%1h0.6969−0.065%$189$1113xas long as short
GMX AERO/USD [ETH-USDC]L +0.0511% / S −0.0240%1h0.6973−0.006%$91K100xas long as short
RISEx AERO/USDC+0.0687%1h0.6971−0.042%$221K$398K3xas long as short
Hyperliquid AERO+0.0741%1h0.6989+0.217%$23.5M$5.3M3xas long as short
Backpack AERO_USDC_PERP+0.1401%1h0.6993+0.278%$134K$321K15xas long as short
Lighter AERO+0.1632%1h0.6995+0.315%$1.3M$443K3xas long as short
Coinbase International AERO-PERP-INTXshort+0.3896%1h0.7418+6.375%$98K$37K25x