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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0466%/8h= −51.1% APRnext payment $0.58 per $10,000 · paid last 24h −0.052%
Price spread now: GMX against RISEx−0.439%106s7-day average · you buy dearer than you sell
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and GMX is 0.439% cheaper against RISEx than usual: you would sell low and buy high (−$44 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 106 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx AERO/USDC0.71300.0706pay 0.0088% / 1h59m 27s$235K$596K3x
ShortGMX AERO/USD [ETH-USDC]0.7098L +0.0515% / S −0.0239%get 0.0030% / 1h59m 27s$92K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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

Funding earned
−$97.91
Price spread: −0.439% → 0.000%
−$43.94
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee GMX: 6 bp × 2 orders
−$12
Net
−$159.85
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: RISEx: live order book, 34 min ago; GMX: 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 RISEx live order book, 34 min ago1.88 bp5.9 bp −$6doesn't fitdoesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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
Coinbase International AERO-PERP-INTX−0.0280%1h0.6700−6.027%$85K$38K25xas long as short
Injective AERO/USDC PERP+0.0033%1h0.6902−3.193%$4$209K5.5xas long as short
Aster AEROUSDT+0.0100%4h0.7135+0.073%$43K$120K10xas long as short
Binance AEROUSDT+0.0100%4h0.7137+0.108%$27.2M$26.0M75xas long as short
Bybit AEROUSDT+0.0100%4h0.7128−0.024%$23.7M$19.3M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.7136+0.089%$2.4M$5.8M20xas long as short
Gate AERO_USDT+0.0100%4h0.7123−0.094%$1.7M$469K75xas long as short
MEXC AERO_USDT+0.0100%4h0.7125−0.066%$8.7M$1.4M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.7128−0.024%$2.0M$1.2M50xas long as short
Bitget AEROUSDT+0.0100%4h0.7125−0.066%$4.2M$2.0M75xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AERO-USDT+0.0100%4h0.7128−0.024%$1.8Mas long as short
Variational Omni AERO+0.0100%4h0.7089−0.568%$2.0M$1.1Mas long as short
Extended AERO-USD+0.0104%1h0.7134+0.064%$216K$1.4M10xas long as short
Aevo AERO-PERP+0.0104%1h0.7125−0.061%$48K3xas long as short
Reya AERORUSDPERP+0.0228%1h0.7131+0.014%$20K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.7103−0.374%$982K$580K25xas long as short
GMX AERO/USD [ETH-USDC]shortL +0.0515% / S −0.0239%1h0.7098−0.439%$92K100x
RISEx AERO/USDClong+0.0706%1h0.7130long leg$235K$596K3x
Deribit AERO_USDC-PERPETUAL+0.0732%1h0.7136+0.089%$57K$68410xas long as short
Backpack AERO_USDC_PERP+0.0870%1h0.7140+0.142%$102K$249K15xas long as short
01 Exchange AEROUSD+0.1016%1h0.7149+0.274%$194$1013xas long as short
Hyperliquid AERO+0.1526%1h0.7144+0.198%$23.5M$6.1M3xas long as short
Lighter AERO+0.1680%1h0.7137+0.100%$1.3M$396K3xas long as short