Funding arb · Price arb /

AERO

all AERO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0308%/8h= −33.7% APRpaid last 24h −0.028%

Price spread now: OKX against 01 Exchange+0.046%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on 01 Exchange Short on OKX

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. OKX is 0.046% dearer against 01 Exchange than usual: you sell high and buy low (spread +0.046% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 12 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange AEROUSD	0.6902	0.0408	pay 0.0051% / 1h	33m 55s	$187	$101	3x
Short	OKX AERO-USDT-SWAP	0.6905	0.0100	get 0.0050% / 4h	1h 33m	$2.3M	$6.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against 01 Exchange. 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 01 ExchangebpFee OKXbpOrdersPrice spread, now +0.046%Rate

Funding earned: −$64.68
Price spread: +0.046% → 0.000%: $4.64
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee OKX: 5 bp × 2 orders: −$10
Net: −$77.04
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; OKX: live order book, 4 min ago. Net counts fees only.

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 01 Exchange no order-book sample	—	—	—	—	—
Sell OKX live order book, 4 min ago	1.45 bp	18.2 bp −$18	46.6 bp −$466	doesn't fit	doesn't fit

01 Exchange: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective AERO/USDC PERP	+0.0033%	1h	0.6902	+0.003%	$4	$209K	5.5x	as long as short
Deribit AERO_USDC-PERPETUAL	+0.0040%	1h	0.6898	−0.055%	$55K	$11K	10x	as long as short
Hyperliquid AERO	+0.0100%	1h	0.6911	+0.138%	$23.2M	$5.1M	3x	as long as short
Aster AEROUSDT	+0.0100%	4h	0.6898	−0.050%	$39K	$117K	10x	as long as short
Binance AEROUSDT	+0.0100%	4h	0.6904	+0.031%	$26.2M	$25.1M	75x	as long as short
Bybit AEROUSDT	+0.0100%	4h	0.6900	−0.026%	$22.5M	$18.8M	25x	as long as short
OKX AERO-USDT-SWAPshort	+0.0100%	4h	0.6905	+0.046%	$2.3M	$6.3M	20x
Gate AERO_USDT	+0.0100%	4h	0.6897	−0.070%	$1.6M	$483K	75x	as long as short
MEXC AERO_USDT	+0.0100%	4h	0.6903	+0.017%	$8.2M	$1.6M	100x	as long as short
KuCoin AEROUSDTM	+0.0100%	4h	0.6902	+0.003%	$2.1M	$938K	50x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget AEROUSDT	+0.0100%	4h	0.6898	−0.055%	$4.1M	$1.9M	75x	as long as short
BingX AERO-USDT	+0.0100%	4h	0.6898	−0.055%	—	$1.7M	—	as long as short
Variational Omni AERO	+0.0100%	4h	0.6896	−0.082%	$2.0M	$1.3M	—	as long as short
Extended AERO-USD	+0.0104%	1h	0.6901	−0.011%	$207K	$2.0M	10x	as long as short
Aevo AERO-PERP	+0.0104%	1h	0.6901	−0.008%	$46K	—	3x	as long as short
Reya AERORUSDPERP	+0.0228%	1h	0.6897	−0.065%	$19K	$4K	15x	as long as short
BloFin AERO-USDT	+0.0340%	4h	0.6897	−0.070%	$939K	$631K	25x	as long as short
01 Exchange AEROUSDlong	+0.0408%	1h	0.6902	long leg	$187	$101	3x
GMX AERO/USD [ETH-USDC]	L +0.0506% / S −0.0237%	1h	0.6895	−0.098%	$90K	—	100x	as long as short
RISEx AERO/USDC	+0.0540%	1h	0.6898	−0.054%	$207K	$405K	3x	as long as short
Backpack AERO_USDC_PERP	+0.1046%	1h	0.6911	+0.129%	$113K	$293K	15x	as long as short
Lighter AERO	+0.1216%	1h	0.6918	+0.229%	$1.3M	$498K	3x	as long as short
Coinbase International AERO-PERP-INTX	+1.0840%	1h	0.6899	−0.041%	$90K	$36K	25x	as long as short