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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.024%
Price spread now: Hyperliquid against BingX+0.077%7-day average +0.104% · 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 7 days+0.241%+$24 on $10k
Price spread, last 7 days−0.018%−$2 · spread now +0.077%, 7d avg +0.104%
Together, before fees+0.223%+ Points / potential airdropHyperliquid: Season 2 · farm board+$22 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: Hyperliquid is 0.027% cheaper against BingX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.104%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX AERO-USDT0.68780.0100pay 0.0050% / 4h1h 32m$1.8M
ShortHyperliquid AERO0.68830.0100get 0.0013% / 1h32m 10s$23.1M$5.7M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Funding earned
$0
Price spread: +0.077% → +0.104%
−$2.68
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$21.68
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 1 min ago; Hyperliquid: live order book, 11 min ago. 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 BingX live order book, 1 min ago2.18 bp16.1 bp −$1625.8 bp −$258265.2 bp −$26.5K792.0 bp −$396.0K
Sell Hyperliquid live order book, 11 min ago1.45 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

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−0.0186%1h0.6875−0.044%$55K$11K10xas long as short
Hyperliquid AEROshort+0.0100%1h0.6883+0.077%$23.1M$5.7M3x
Aster AEROUSDT+0.0100%4h0.6878+0.007%$39K$110K10xas long as short
Binance AEROUSDT+0.0100%4h0.6880+0.031%$25.5M$25.6M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6876−0.029%$21.8M$20.5M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.68780.000%$2.3M$6.8M20xas long as short
Gate AERO_USDT+0.0100%4h0.6871−0.102%$1.6M$530K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6879+0.015%$8.1M$1.7M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6877−0.015%$2.1M$878K50xas long as short
Bitget AEROUSDT+0.0100%4h0.6871−0.102%$4.1M$2.2M75xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AERO-USDTlong+0.0100%4h0.6878long leg$1.8M
Variational Omni AERO+0.0100%4h0.6887+0.127%$1.9M$1.6Mas long as short
Extended AERO-USD+0.0104%1h0.6875−0.043%$202K$1.3M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6898+0.287%$46K3xas long as short
Injective AERO/USDC PERP+0.0175%1h0.6902+0.349%$4$209K5.5xas long as short
01 Exchange AEROUSD+0.0224%1h0.6885+0.103%$187$1153xas long as short
Reya AERORUSDPERP+0.0228%1h0.6875−0.040%$19K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.6886+0.116%$912K$701K25xas long as short
Backpack AERO_USDC_PERP+0.0457%1h0.6882+0.054%$102K$314K15xas long as short
GMX AERO/USD [ETH-USDC]L +0.0502% / S −0.0223%1h0.6878−0.007%$92K100xas long as short
RISEx AERO/USDC+0.0676%1h0.6885+0.100%$213K$371K3xas long as short
Coinbase International AERO-PERP-INTX+0.0736%1h0.6887+0.131%$91K$32K25xas long as short
Lighter AERO+0.0912%1h0.6894+0.228%$1.3M$464K3xas long as short