Funding arb · Price arb /

AERO

all AERO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Aevo against Bitget+0.145%7-day average — · you sell dearer than you buy

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

Long on Bitget Short on Aevo

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.145% dearer against Bitget than usual: you sell high and buy low, +$14 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget AEROUSDT	0.6979	0.0100	pay 0.0050% / 4h	48m 24s	$4.1M	$2.0M	75x
Short	Aevo AERO-PERP	0.6989	0.0104	get 0.0013% / 1h	48m 24s	$47K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Bitget. 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 BitgetbpFee AevobpOrdersPrice spread, now +0.145%Rate

Funding earned: $0.84
Price spread: +0.145% → 0.000%: $14.46
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$12.7
Costs to cover: 0.280%
Break-even: 112.9 days

Slippage unknown: Bitget: live order book, 3 min ago; Aevo: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 3 min ago	3.59 bp	18.9 bp −$19	49.2 bp −$492	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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 exchanges

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	−0.1456%	1h	0.6862	−1.676%	$85K	$39K	25x	as long as short
BloFin AERO-USDT	−0.0200%	4h	0.6962	−0.244%	$974K	$636K	25x	as long as short
Injective AERO/USDC PERP	+0.0033%	1h	0.6902	−1.103%	$4	$209K	5.5x	as long as short
Deribit AERO_USDC-PERPETUAL	+0.0036%	1h	0.6983	+0.057%	$55K	—	10x	as long as short
Aster AEROUSDT	+0.0100%	4h	0.6977	−0.034%	$42K	$105K	10x	as long as short
Binance AEROUSDT	+0.0100%	4h	0.6980	+0.020%	$26.5M	$25.1M	75x	as long as short
Bybit AEROUSDT	+0.0100%	4h	0.6978	−0.014%	$22.9M	$17.9M	25x	as long as short
OKX AERO-USDT-SWAP	+0.0100%	4h	0.6983	+0.057%	$2.4M	$5.5M	20x	as long as short
Gate AERO_USDT	+0.0100%	4h	0.6971	−0.115%	$1.6M	$473K	75x	as long as short
MEXC AERO_USDT	+0.0100%	4h	0.6980	+0.014%	$8.5M	$1.4M	100x	as long as short

Show all 23 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin AEROUSDTM	+0.0100%	4h	0.6971	−0.115%	$1.9M	$1.3M	50x	as long as short
Bitget AEROUSDTlong	+0.0100%	4h	0.6979	long leg	$4.1M	$2.0M	75x
BingX AERO-USDT	+0.0100%	4h	0.6972	−0.100%	—	$1.8M	—	as long as short
Variational Omni AERO	+0.0100%	4h	0.6980	+0.009%	$1.9M	$865K	—	as long as short
Extended AERO-USD	+0.0104%	1h	0.6980	+0.013%	$221K	$1.4M	10x	as long as short
Aevo AERO-PERPshort	+0.0104%	1h	0.6989	+0.145%	$47K	—	3x
Reya AERORUSDPERP	+0.0228%	1h	0.6975	−0.061%	$20K	$4K	15x	as long as short
Hyperliquid AERO	+0.0513%	1h	0.6985	+0.080%	$23.1M	$5.9M	3x	as long as short
GMX AERO/USD [ETH-USDC]	L +0.0514% / S −0.0235%	1h	0.6977	−0.033%	$92K	—	100x	as long as short
RISEx AERO/USDC	+0.0517%	1h	0.6983	+0.055%	$215K	$599K	3x	as long as short
01 Exchange AEROUSD	+0.0536%	1h	0.6989	+0.138%	$189	$101	3x	as long as short
Backpack AERO_USDC_PERP	+0.0566%	1h	0.6972	−0.097%	$95K	$245K	15x	as long as short
Lighter AERO	+0.0816%	1h	0.7002	+0.327%	$1.3M	$393K	3x	as long as short