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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0048%/8h= −5.2% APRpaid last 24h −0.028%
Price spread now: Injective against Variational Omni+0.451%7-day average +0.849% · 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)−0.064%−$6 on $10k
Price spread, last 3 days (all we have)−4.542%−$454 · spread now +0.451%, 7d avg +0.849%
Together, before fees−4.605%+ Points / potential airdropVariational Omni: Active · farm board−$461 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Injective is 0.398% cheaper against Variational Omni than usual: you would sell low and buy high (−$40 if the spread goes back to its 7-day average of +0.849%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni AERO0.68600.0100pay 0.0050% / 4h2h 48m$1.8M$1.7M
ShortInjective AERO/USDC PERP0.68910.0052get 0.0007% / 1h48m 47s$4$166K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Variational Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$9.99
Price spread: +0.451% → +0.849%
−$39.79
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$49.8
Costs to cover
0.000%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, just now; Injective: 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 Variational Omni RFQ quote, just now5.10 bpdoesn't fit32.8 bp −$328doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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
Deribit AERO_USDC-PERPETUAL−0.0187%1h0.6859−0.015%$54K$11K10xas long as short
Injective AERO/USDC PERPshort+0.0052%1h0.6891+0.451%$4$166K5.5x
Hyperliquid AERO+0.0100%1h0.6873+0.183%$23.1M$5.7M3xas long as short
Aster AEROUSDT+0.0100%4h0.6864+0.061%$39K$108K10xas long as short
Binance AEROUSDT+0.0100%4h0.6867+0.100%$25.4M$25.6M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6866+0.087%$21.8M$20.6M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6873+0.189%$2.3M$6.8M20xas long as short
Gate AERO_USDT+0.0100%4h0.68600.000%$1.6M$561K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6865+0.072%$8.1M$1.6M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6859−0.015%$2.2M$862K50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AEROUSDT+0.0100%4h0.6857−0.044%$4.1M$2.2M75xas long as short
BingX AERO-USDT+0.0100%4h0.6862+0.029%$1.8Mas long as short
Variational Omni AEROlong+0.0100%4h0.6860long leg$1.8M$1.7M
Extended AERO-USD+0.0104%1h0.6864+0.057%$201K$1.3M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6857−0.051%$46K3xas long as short
01 Exchange AEROUSD+0.0176%1h0.6866+0.084%$186$1153xas long as short
Reya AERORUSDPERP+0.0228%1h0.6861+0.010%$19K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.6859−0.015%$910K$707K25xas long as short
Backpack AERO_USDC_PERP+0.0415%1h0.6869+0.129%$101K$316K15xas long as short
GMX AERO/USD [ETH-USDC]L +0.0501% / S −0.0229%1h0.6858−0.028%$91K100xas long as short
RISEx AERO/USDC+0.0530%1h0.6865+0.077%$211K$377K3xas long as short
Lighter AERO+0.0672%1h0.6885+0.364%$1.3M$492K3xas long as short
Coinbase International AERO-PERP-INTX+0.1488%1h0.6869+0.131%$91K$18K25xas long as short