Funding arb · Price arb /

AERO

all AERO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0403%/8h= −44.2% APRpaid last 24h −0.096%

Price spread now: OKX against RISEx+0.083%7-day average +0.008% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$380.380% of the position

Long on RISEx Short on OKX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.493%−$49 on $10k

Price spread, last 4 days (all we have)−0.061%−$6 · spread now +0.083%, 7d avg +0.008%

Together, before fees−0.554%−$55 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.075% dearer against RISEx than usual: you sell high and buy low (spread +0.083% now, against its 7-day average of +0.008%): +$8 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 15 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx AERO/USDC	0.6913	0.0503	pay 0.0063% / 1h	33m 25s	$211K	$564K	3x
Short	OKX AERO-USDT-SWAP	0.6919	0.0100	get 0.0050% / 4h	3h 33m	$2.3M	$5.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.083%Rate

Funding earned: −$84.73
Price spread: +0.083% → +0.008%: $7.52
Slippage, 4 orders: −$22.04
Fee RISEx: 3 bp × 2 orders: −$6
Fee OKX: 5 bp × 2 orders: −$10
Net: −$115.25
Costs to cover: 0.380%
Break-even: never at this rate

Slippage from RISEx: live order book, 65 min ago; OKX: live order book, 4 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, 65 min ago	1.02 bp	4.0 bp −$4	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	0.72 bp	15.3 bp −$15	45.4 bp −$454	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
Coinbase International AERO-PERP-INTX	−0.0280%	1h	0.6938	+0.358%	$88K	$39K	25x	as long as short
Injective AERO/USDC PERP	+0.0033%	1h	0.6902	−0.163%	$4	$209K	5.5x	as long as short
Aster AEROUSDT	+0.0100%	4h	0.6920	+0.092%	$42K	$127K	10x	as long as short
Binance AEROUSDT	+0.0100%	4h	0.6914	+0.013%	$26.0M	$25.0M	75x	as long as short
Bybit AEROUSDT	+0.0100%	4h	0.6911	−0.033%	$22.6M	$18.0M	25x	as long as short
OKX AERO-USDT-SWAPshort	+0.0100%	4h	0.6919	+0.083%	$2.3M	$5.8M	20x
Gate AERO_USDT	+0.0100%	4h	0.6922	+0.127%	$1.6M	$467K	75x	as long as short
MEXC AERO_USDT	+0.0100%	4h	0.6914	+0.011%	$8.5M	$1.4M	100x	as long as short
KuCoin AEROUSDTM	+0.0100%	4h	0.6920	+0.098%	$2.0M	$1.1M	50x	as long as short
Bitget AEROUSDT	+0.0100%	4h	0.6915	+0.025%	$4.1M	$1.9M	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	0.6918	+0.069%	—	$1.8M	—	as long as short
Variational Omni AERO	+0.0100%	4h	0.6936	+0.327%	$2.0M	$1.2M	—	as long as short
Extended AERO-USD	+0.0104%	1h	0.6915	+0.025%	$210K	$1.4M	10x	as long as short
Aevo AERO-PERP	+0.0104%	1h	0.6925	+0.164%	$46K	—	3x	as long as short
Reya AERORUSDPERP	+0.0228%	1h	0.6926	+0.187%	$19K	$4K	15x	as long as short
BloFin AERO-USDT	+0.0340%	4h	0.6930	+0.242%	$945K	$567K	25x	as long as short
Deribit AERO_USDC-PERPETUAL	+0.0471%	1h	0.6937	+0.344%	$55K	$11K	10x	as long as short
RISEx AERO/USDClong	+0.0503%	1h	0.6913	long leg	$211K	$564K	3x
GMX AERO/USD [ETH-USDC]	L +0.0520% / S −0.0255%	1h	0.6925	+0.175%	$90K	—	100x	as long as short
01 Exchange AEROUSD	+0.0776%	1h	0.6919	+0.085%	$188	$101	3x	as long as short
Backpack AERO_USDC_PERP	+0.0839%	1h	0.6935	+0.310%	$95K	$262K	15x	as long as short
Hyperliquid AERO	+0.0890%	1h	0.6926	+0.182%	$22.8M	$5.4M	3x	as long as short
Lighter AERO	+0.1520%	1h	0.6932	+0.264%	$1.3M	$386K	3x	as long as short