Funding arb · Price arb /

AERO

all AERO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.3556%/8h= +389.4% APRpaid last 24h +0.483%

Price spread now: Coinbase International against BloFin+0.228%7-day average — · you sell dearer than you buy

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

Long on BloFin Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+4.234%+$423 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$107 a day on $10k at the current rate, and Coinbase International is 0.228% dearer against BloFin than usual: you sell high and buy low: +$23 more if the spread 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	BloFin AERO-USDT	0.7007	0.0340	pay 0.0170% / 4h	3h 02m	$951K	$681K	25x
Short	Coinbase International AERO-PERP-INTX	0.7023	0.3896	get 0.0487% / 1h	2m 43s	$92K	$36K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against BloFin. 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 BloFinbpFee Coinbase InternationalbpOrdersPrice spread, now +0.228%Rate

Funding earned: $746.76
Price spread: +0.228% → 0.000%: $22.83
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $747.59
Costs to cover: 0.220%
Break-even: from the start

Slippage unknown: BloFin: live order book, 4 min ago; Coinbase International: 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 BloFin live order book, 4 min ago	4.98 bp	13.7 bp −$14	24.9 bp −$249	79.2 bp −$7,916	doesn't fit
Sell Coinbase International no order-book sample	—	—	—	—	—

Coinbase International: 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: 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
Deribit AERO_USDC-PERPETUAL	0.0000%	1h	0.7009	+0.029%	$56K	$11K	10x	as long as short
Injective AERO/USDC PERP	+0.0033%	1h	0.6902	−1.499%	$4	$209K	5.5x	as long as short
Aster AEROUSDT	+0.0100%	4h	0.7011	+0.053%	$43K	$113K	10x	as long as short
Binance AEROUSDT	+0.0100%	4h	0.6998	−0.132%	$26.6M	$25.8M	75x	as long as short
Bybit AEROUSDT	+0.0100%	4h	0.6992	−0.214%	$22.7M	$20.0M	25x	as long as short
OKX AERO-USDT-SWAP	+0.0100%	4h	0.6991	−0.228%	$2.3M	$6.8M	20x	as long as short
Gate AERO_USDT	+0.0100%	4h	0.6997	−0.143%	$1.6M	$505K	75x	as long as short
MEXC AERO_USDT	+0.0100%	4h	0.6999	−0.114%	$8.4M	$1.7M	100x	as long as short
KuCoin AEROUSDTM	+0.0100%	4h	0.7008	+0.014%	$2.2M	$932K	50x	as long as short
Bitget AEROUSDT	+0.0100%	4h	0.6996	−0.157%	$4.1M	$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-USDT	+0.0100%	4h	0.6996	−0.157%	—	$1.8M	—	as long as short
Variational Omni AERO	+0.0100%	4h	0.7023	+0.231%	$2.0M	$1.7M	—	as long as short
Extended AERO-USD	+0.0104%	1h	0.6987	−0.286%	$222K	$2.0M	10x	as long as short
Aevo AERO-PERP	+0.0104%	1h	0.7006	−0.016%	$47K	—	3x	as long as short
Reya AERORUSDPERP	+0.0228%	1h	0.7008	+0.008%	$20K	$4K	15x	as long as short
BloFin AERO-USDTlong	+0.0340%	4h	0.7007	long leg	$951K	$681K	25x
01 Exchange AEROUSD	+0.0488%	1h	0.7016	+0.131%	$190	$111	3x	as long as short
GMX AERO/USD [ETH-USDC]	L +0.0514% / S −0.0240%	1h	0.7003	−0.063%	$92K	—	100x	as long as short
RISEx AERO/USDC	+0.0687%	1h	0.6993	−0.206%	$234K	$394K	3x	as long as short
Hyperliquid AERO	+0.0945%	1h	0.7018	+0.160%	$23.8M	$4.8M	3x	as long as short
Backpack AERO_USDC_PERP	+0.1405%	1h	0.7015	+0.114%	$135K	$279K	15x	as long as short
Lighter AERO	+0.1696%	1h	0.7019	+0.171%	$1.3M	$485K	3x	as long as short
Coinbase International AERO-PERP-INTXshort	+0.3896%	1h	0.7023	+0.228%	$92K	$36K	25x