Funding arb · Price arb /

AERO

all AERO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against BingX−0.126%7-day average −0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$175as in the Funding arb table

Net, price: spread back to 7d avg − costs−$181as in the Price arb table

costs, in and out, $10k−$1701.700% of the position

Long on BingX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.047%−$5 on $10k

Price spread, last 7 days+0.063%+$6 · spread now −0.126%, 7d avg −0.016%

Together, before fees+0.016%+$2 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.110% cheaper against BingX than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.016%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX AERO-USDT	0.7115	0.0100	pay 0.0050% / 4h	3h 00m	—	$1.8M	—
Short	Gate AERO_USDT	0.7106	0.0100	get 0.0050% / 4h	3h 00m	$1.7M	$508K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against BingX. 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 BingXbpFee GatebpOrdersPrice spread, now −0.126%Rate

Funding earned: $0
Price spread: −0.126% → −0.016%: −$11.03
Slippage, 4 orders: −$145.03
Fee BingX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$181.06
Costs to cover: 1.700%
Break-even: never at this rate

Slippage from BingX: live order book, 7 min ago; Gate: live order book, 2 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 BingX live order book, 7 min ago	3.50 bp	15.1 bp −$15	43.4 bp −$434	399.8 bp −$40.0K	768.4 bp −$384.2K
Sell Gate live order book, 2 min ago	4.93 bp	54.7 bp −$55	doesn't fit	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	0.7199	+1.181%	$91K	$41K	25x	as long as short
Injective AERO/USDC PERP	+0.0033%	1h	0.6902	−2.994%	$4	$209K	5.5x	as long as short
Aster AEROUSDT	+0.0100%	4h	0.7110	−0.073%	$43K	$126K	10x	as long as short
Binance AEROUSDT	+0.0100%	4h	0.7120	+0.071%	$27.1M	$25.9M	75x	as long as short
Bybit AEROUSDT	+0.0100%	4h	0.7116	+0.014%	$23.7M	$19.3M	25x	as long as short
OKX AERO-USDT-SWAP	+0.0100%	4h	0.7122	+0.098%	$2.4M	$5.8M	20x	as long as short
Gate AERO_USDTshort	+0.0100%	4h	0.7106	−0.126%	$1.7M	$508K	75x
MEXC AERO_USDT	+0.0100%	4h	0.7112	−0.042%	$8.6M	$1.5M	100x	as long as short
KuCoin AEROUSDTM	+0.0100%	4h	0.7100	−0.211%	$2.0M	$1.2M	50x	as long as short
Bitget AEROUSDT	+0.0100%	4h	0.7113	−0.028%	$4.2M	$2.0M	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-USDTlong	+0.0100%	4h	0.7115	long leg	—	$1.8M	—
Variational Omni AERO	+0.0100%	4h	0.7089	−0.363%	$2.0M	$1.1M	—	as long as short
Extended AERO-USD	+0.0104%	1h	0.7095	−0.284%	$215K	$1.4M	10x	as long as short
Aevo AERO-PERP	+0.0104%	1h	0.7096	−0.267%	$48K	—	3x	as long as short
Reya AERORUSDPERP	+0.0228%	1h	0.7097	−0.257%	$20K	$4K	15x	as long as short
BloFin AERO-USDT	+0.0340%	4h	0.7103	−0.169%	$982K	$580K	25x	as long as short
Deribit AERO_USDC-PERPETUAL	+0.0455%	1h	0.7100	−0.211%	$56K	$684	10x	as long as short
RISEx AERO/USDC	+0.0503%	1h	0.7132	+0.244%	$235K	$600K	3x	as long as short
GMX AERO/USD [ETH-USDC]	L +0.0515% / S −0.0239%	1h	0.7098	−0.234%	$92K	—	100x	as long as short
Backpack AERO_USDC_PERP	+0.0873%	1h	0.7097	−0.259%	$102K	$249K	15x	as long as short
01 Exchange AEROUSD	+0.0880%	1h	0.7113	−0.034%	$193	$101	3x	as long as short
Hyperliquid AERO	+0.1259%	1h	0.7133	+0.246%	$23.5M	$6.1M	3x	as long as short
Lighter AERO	+0.1664%	1h	0.7136	+0.301%	$1.3M	$411K	3x	as long as short