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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0534%/8h= +58.4% APRpaid last 24h +0.033%
Price spread now: Hyperliquid against Bitget+0.136%7-day average +0.128% · 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+0.230%+$23 on $10k
Price spread, last 7 days−0.064%−$6 · spread now +0.136%, 7d avg +0.128%
Together, before fees+0.166%+ Points / potential airdropHyperliquid: Season 2 · farm board+$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.128%, so right now this pair is about funding alone: +$16 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.230% in total (about 12.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget AEROUSDT0.68940.0100pay 0.0050% / 4h3h 58m$4.0M$1.9M75x
ShortHyperliquid AERO0.69030.0634get 0.0079% / 1h58m 28s$22.7M$5.3M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Funding earned
$112.06
Price spread: +0.136% → +0.128%
$0.81
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$91.87
Costs to cover
0.210%
Break-even
1.3 days
Slippage unknown: Bitget: live order book, 4 min ago; Hyperliquid: live order book, 5 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 Bitget live order book, 4 min ago2.18 bp18.1 bp −$1836.9 bp −$369doesn't fitdoesn't fit
Sell Hyperliquid live order book, 5 min ago0.36 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
Coinbase International AERO-PERP-INTX−0.0280%1h0.6450−6.440%$82K$36K25xas long as short
Deribit AERO_USDC-PERPETUAL0.0000%1h0.6884−0.145%$55K$11K10xas long as short
Injective AERO/USDC PERP+0.0033%1h0.6902+0.116%$4$209K5.5xas long as short
Aster AEROUSDT+0.0100%4h0.6894+0.002%$42K$127K10xas long as short
Binance AEROUSDT+0.0100%4h0.6895+0.015%$25.9M$25.0M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6895+0.015%$22.5M$18.0M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6899+0.073%$2.3M$5.8M20xas long as short
Gate AERO_USDT+0.0100%4h0.6895+0.015%$1.6M$462K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6893−0.015%$8.4M$1.4M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6885−0.131%$2.0M$1.1M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AEROUSDTlong+0.0100%4h0.6894long leg$4.0M$1.9M75x
BingX AERO-USDT+0.0100%4h0.68940.000%$1.8Mas long as short
Variational Omni AERO+0.0100%4h0.6881−0.188%$2.0M$1.2Mas long as short
Extended AERO-USD+0.0104%1h0.6894−0.004%$207K$1.4M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6884−0.152%$46K3xas long as short
Reya AERORUSDPERP+0.0228%1h0.6883−0.159%$19K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.6884−0.145%$940K$576K25xas long as short
01 Exchange AEROUSD+0.0400%1h0.6903+0.136%$187$1013xas long as short
RISEx AERO/USDC+0.0503%1h0.6897+0.041%$203K$547K3xas long as short
GMX AERO/USD [ETH-USDC]L +0.0518% / S −0.0255%1h0.6882−0.175%$90K100xas long as short
Backpack AERO_USDC_PERP+0.0598%1h0.6890−0.061%$93K$261K15xas long as short
Hyperliquid AEROshort+0.0634%1h0.6903+0.136%$22.7M$5.3M3x
Lighter AERO+0.0944%1h0.6905+0.160%$1.3M$385K3xas long as short