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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.2000%/8h= −219.0% APRnext payment $2.50 per $10,000 · paid last 24h +0.721%
Price spread now: Coinbase International against Aevo−5.667%7-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 5 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 −$60 a day on $10k at the current rate, and Coinbase International is 5.667% cheaper against Aevo than usual: you would sell low and buy high (−$567 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo AERO-PERP0.68910.0104pay 0.0013% / 1h59m 26s$46K3x
ShortCoinbase International AERO-PERP-INTX0.6500−0.1896pay 0.0237% / 1h59m 26s$83K$35K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Aevo. 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
−$420
Price spread: −5.667% → 0.000%
−$566.72
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$1,012.72
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Coinbase International: 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 Aevo no order-book sample
Sell Coinbase International no order-book sample
Aevo and Coinbase International: 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-INTXshort−0.1896%1h0.6500−5.667%$83K$35K25x
Injective AERO/USDC PERP+0.0033%1h0.6902+0.167%$4$209K5.5xas long as short
Aster AEROUSDT+0.0100%4h0.6891+0.004%$42K$128K10xas long as short
Binance AEROUSDT+0.0100%4h0.6891+0.009%$26.0M$25.2M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6889−0.022%$22.5M$18.1M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6895+0.065%$2.3M$5.9M20xas long as short
Gate AERO_USDT+0.0100%4h0.6888−0.036%$1.6M$473K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6890−0.007%$8.5M$1.4M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6890−0.007%$2.0M$1.1M50xas long as short
Bitget AEROUSDT+0.0100%4h0.6888−0.036%$4.0M$1.9M75xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AERO-USDT+0.0100%4h0.6890−0.007%$1.8Mas long as short
Variational Omni AERO+0.0100%4h0.6882−0.119%$2.0M$1.2Mas long as short
Extended AERO-USD+0.0104%1h0.6889−0.028%$204K$1.4M10xas long as short
Aevo AERO-PERPlong+0.0104%1h0.6891long leg$46K3x
Deribit AERO_USDC-PERPETUAL+0.0186%1h0.6891+0.007%$55K$11K10xas long as short
Reya AERORUSDPERP+0.0228%1h0.6890−0.009%$19K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.6886−0.065%$937K$582K25xas long as short
Hyperliquid AERO+0.0353%1h0.6898+0.110%$22.7M$5.3M3xas long as short
RISEx AERO/USDC+0.0416%1h0.6891+0.013%$202K$527K3xas long as short
01 Exchange AEROUSD+0.0464%1h0.6897+0.099%$187$1013xas long as short
GMX AERO/USD [ETH-USDC]L +0.0518% / S −0.0255%1h0.6887−0.047%$90K100xas long as short
Backpack AERO_USDC_PERP+0.0688%1h0.6895+0.071%$94K$260K15xas long as short
Lighter AERO+0.0816%1h0.6901+0.151%$1.3M$390K3xas long as short