AERO

Alert

Funding spread now, next payment 17:00 UTC−0.0300%/8h

next payment, per $10,000−$0.37paid, last 24h+0.011%paid, last 3 days+0.066%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 3 days it paid 0.066% in total (about 7.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.37 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack AERO_USDC_PERP	0.6952	0.0100	pay 0.0013% / 1h	5m 01s	$103K	$307K	15x
Short	01 Exchange AEROUSD	0.6949	−0.0200	pay 0.0025% / 1h	5m 01s	$188	$79	3x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee BackpackbpFee 01 ExchangebpOrdersRate

Funding earned: −$63
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$80
Break-even: never at this rate

Slippage unknown: Backpack: live order book, 15 min ago; 01 Exchange: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: −0.039%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Backpack live order book, 15 min ago	0.80 bp	7.1 bp −$7	doesn't fit	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

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.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Deribit AERO_USDC-PERPETUAL	−0.0326%	1h	$55K	$11K	10x	as long as short
01 Exchange AEROUSDshort	−0.0200%	1h	$188	$79	3x
Injective AERO/USDC PERP	+0.0033%	1h	$4	$47K	5.5x	as long as short
Lighter AERO	+0.0096%	1h	$1.3M	$516K	3x	as long as short
Hyperliquid AERO	+0.0100%	1h	$23.7M	$5.7M	3x	as long as short
Aster AEROUSDT	+0.0100%	4h	$34K	$100K	10x	as long as short
Binance AEROUSDT	+0.0100%	4h	$26.1M	$23.4M	75x	as long as short
Bybit AEROUSDT	+0.0100%	4h	$22.4M	$19.6M	25x	as long as short
OKX AERO-USDT-SWAP	+0.0100%	4h	$2.4M	$5.8M	20x	as long as short
Gate AERO_USDT	+0.0100%	4h	$1.6M	$537K	75x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
MEXC AERO_USDT	+0.0100%	4h	$8.1M	$1.7M	100x	as long as short
KuCoin AEROUSDTM	+0.0100%	4h	$2.2M	$692K	50x	as long as short
Bitget AEROUSDT	+0.0100%	4h	$4.1M	$2.2M	75x	as long as short
BingX AERO-USDT	+0.0100%	4h	—	$1.7M	—	as long as short
Backpack AERO_USDC_PERPlong	+0.0100%	1h	$103K	$307K	15x
Variational Omni AERO	+0.0100%	4h	$1.9M	$1.6M	—	as long as short
Extended AERO-USD	+0.0104%	1h	$198K	$1.3M	10x	as long as short
Aevo AERO-PERP	+0.0104%	1h	$47K	—	3x	as long as short
Reya AERORUSDPERP	+0.0241%	1h	$15K	—	15x	as long as short
BloFin AERO-USDT	+0.0340%	4h	$944K	$720K	25x	as long as short
RISEx AERO/USDC	+0.0362%	1h	$210K	$411K	3x	as long as short
GMX AERO/USD [ETH-USDC]	L +0.0508% / S −0.0217%	1h	$95K	—	100x	as long as short
Coinbase International AERO-PERP-INTX	+0.2392%	1h	$93K	$20K	25x	as long as short