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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0354%/8h= −38.7% APRnext payment $0.44 per $10,000 · paid last 24h −0.033%
Price spread now: Hyperliquid against RISEx−0.073%7-day average +0.095% · 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 3 days (all we have)−0.223%−$22 on $10k
Price spread, last 4 days (all we have)+0.300%+$30 · spread now −0.073%, 7d avg +0.095%
Together, before fees+0.077%+ Points / potential airdropHyperliquid: Season 2 · farm board+$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Hyperliquid is 0.168% cheaper against RISEx than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.095%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx AERO/USDC0.69170.0454pay 0.0057% / 1h26m 15s$211K$419K3x
ShortHyperliquid AERO0.69120.0100get 0.0013% / 1h26m 15s$23.3M$5.7M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
−$74.3
Price spread: −0.073% → +0.095%
−$16.83
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$106.13
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: RISEx: live order book, 2 min ago; Hyperliquid: live order book, 7 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 RISEx live order book, 2 min ago3.55 bp7.9 bp −$8doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 7 min ago1.09 bpdoesn't fitdoesn't fitdoesn'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
Deribit AERO_USDC-PERPETUAL−0.0184%1h0.6911−0.093%$55K$11K10xas long as short
Injective AERO/USDC PERP−0.0169%1h0.6891−0.383%$4$166K5.5xas long as short
Hyperliquid AEROshort+0.0100%1h0.6912−0.073%$23.3M$5.7M3x
Aster AEROUSDT+0.0100%4h0.6911−0.087%$39K$108K10xas long as short
Binance AEROUSDT+0.0100%4h0.6911−0.100%$25.6M$25.5M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6913−0.065%$22.0M$20.7M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6911−0.093%$2.3M$6.7M20xas long as short
Gate AERO_USDT+0.0100%4h0.6906−0.166%$1.6M$579K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6909−0.122%$8.2M$1.6M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6907−0.151%$2.3M$858K50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AEROUSDT+0.0100%4h0.6907−0.151%$4.1M$2.2M75xas long as short
BingX AERO-USDT+0.0100%4h0.6907−0.151%$1.8Mas long as short
Variational Omni AERO+0.0100%4h0.6908−0.138%$1.9M$1.7Mas long as short
Extended AERO-USD+0.0104%1h0.6909−0.117%$197K$1.3M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6912−0.085%$46K3xas long as short
01 Exchange AEROUSD+0.0128%1h0.6912−0.078%$187$1153xas long as short
Reya AERORUSDPERP+0.0228%1h0.6908−0.132%$19K$4K15xas long as short
Backpack AERO_USDC_PERP+0.0277%1h0.6912−0.076%$102K$320K15xas long as short
BloFin AERO-USDT+0.0340%4h0.6909−0.122%$913K$717K25xas long as short
RISEx AERO/USDClong+0.0454%1h0.6917long leg$211K$419K3x
GMX AERO/USD [ETH-USDC]L +0.0500% / S −0.0229%1h0.6911−0.094%$91K100xas long as short
Lighter AERO+0.0552%1h0.6925+0.109%$1.3M$523K3xas long as short
Coinbase International AERO-PERP-INTX+0.3072%1h0.6887−0.440%$92K$18K25xas long as short