Funding arb · Price arb /

AERO

all AERO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0463%/8h= −50.6% APRpaid last 24h −0.073%

Price spread now: Gate against RISEx−0.078%7-day average −0.052% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$65as in the Price arb table

costs, in and out, $10k−$620.620% of the position

Long on RISEx Short on Gate

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.445%−$44 on $10k

Price spread, last 4 days (all we have)−0.034%−$3 · spread now −0.078%, 7d avg −0.052%

Together, before fees−0.479%−$48 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Gate is 0.027% cheaper against RISEx than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.052%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx AERO/USDC	0.6995	0.0563	pay 0.0070% / 1h	1m 36s	$214K	$403K	3x
Short	Gate AERO_USDT	0.6990	0.0100	get 0.0050% / 4h	1m 36s	$1.6M	$542K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against RISEx. 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 RISExbpFee GatebpOrdersPrice spread, now −0.078%Rate

Funding earned: −$97.13
Price spread: −0.078% → −0.052%: −$2.65
Slippage, 4 orders: −$41
Fee RISEx: 3 bp × 2 orders: −$6
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$161.79
Costs to cover: 0.620%
Break-even: never at this rate

Slippage from RISEx: live order book, 12 min ago; Gate: live order book, 1 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 RISEx live order book, 12 min ago	0.93 bp	4.4 bp −$4	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 1 min ago	4.29 bp	23.4 bp −$23	213.9 bp −$2,139	doesn't fit	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
Injective AERO/USDC PERP	+0.0033%	1h	0.6902	−1.336%	$4	$209K	5.5x	as long as short
Deribit AERO_USDC-PERPETUAL	+0.0036%	1h	0.6994	−0.021%	$56K	$11K	10x	as long as short
Aster AEROUSDT	+0.0100%	4h	0.6988	−0.112%	$40K	$117K	10x	as long as short
Binance AEROUSDT	+0.0100%	4h	0.6996	+0.009%	$26.4M	$26.7M	75x	as long as short
Bybit AEROUSDT	+0.0100%	4h	0.6992	−0.050%	$22.6M	$21.9M	25x	as long as short
OKX AERO-USDT-SWAP	+0.0100%	4h	0.6996	+0.007%	$2.3M	$7.0M	20x	as long as short
Gate AERO_USDTshort	+0.0100%	4h	0.6990	−0.078%	$1.6M	$542K	75x
MEXC AERO_USDT	+0.0100%	4h	0.6996	+0.007%	$8.3M	$1.7M	100x	as long as short
KuCoin AEROUSDTM	+0.0100%	4h	0.6992	−0.050%	$2.2M	$945K	50x	as long as short
Bitget AEROUSDT	+0.0100%	4h	0.6992	−0.050%	$4.1M	$2.2M	75x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX AERO-USDT	+0.0100%	4h	0.6993	−0.035%	—	$1.8M	—	as long as short
Variational Omni AERO	+0.0100%	4h	0.6978	−0.256%	$2.0M	$1.8M	—	as long as short
Extended AERO-USD	+0.0104%	1h	0.6993	−0.041%	$216K	$1.3M	10x	as long as short
Aevo AERO-PERP	+0.0104%	1h	0.6988	−0.100%	$47K	—	3x	as long as short
Reya AERORUSDPERP	+0.0228%	1h	0.6991	−0.071%	$20K	$4K	15x	as long as short
BloFin AERO-USDT	+0.0340%	4h	0.6993	−0.035%	$938K	$742K	25x	as long as short
GMX AERO/USD [ETH-USDC]	L +0.0511% / S −0.0240%	1h	0.6988	−0.105%	$92K	—	100x	as long as short
Coinbase International AERO-PERP-INTX	+0.0520%	1h	0.7474	+6.840%	$99K	$36K	25x	as long as short
01 Exchange AEROUSD	+0.0560%	1h	0.6998	+0.030%	$190	$111	3x	as long as short
RISEx AERO/USDClong	+0.0563%	1h	0.6995	long leg	$214K	$403K	3x
Hyperliquid AERO	+0.0566%	1h	0.7000	+0.068%	$23.5M	$5.4M	3x	as long as short
Backpack AERO_USDC_PERP	+0.0807%	1h	0.7001	+0.078%	$104K	$315K	15x	as long as short
Lighter AERO	+0.1640%	1h	0.7014	+0.265%	$1.3M	$465K	3x	as long as short