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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0240%/8h= −26.3% APRnext payment $1.20 per $10,000 · paid last 24h −0.053%
Price spread now: Gate against BloFin−0.175%48s7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$850.852% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.166%−$17 on $10k
Price spread, last 4 days (all we have)−0.094%−$9 · spread now −0.175%, 7d avg −0.022%
Together, before fees−0.260%−$26 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Gate is 0.152% cheaper against BloFin than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.022%). Swap the legs. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.166% in total (about -8.7% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin AERO-USDT0.68710.0340pay 0.0170% / 4h3h 22m$940K$577K25x
ShortGate AERO_USDT0.68590.0100get 0.0050% / 4h3h 22m$1.6M$464K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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

Funding earned
−$50.4
Price spread: −0.175% → −0.022%
−$15.24
Slippage, 4 orders
−$58.21
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$150.85
Costs to cover
0.852%
Break-even
never at this rate
Slippage from BloFin: live order book, 10 min ago; Gate: live order book, just now.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 10 min ago0.72 bp11.3 bp −$1127.0 bp −$270118.7 bp −$11.9Kdoesn't fit
Sell Gate live order book, just now4.37 bp27.9 bp −$28192.5 bp −$1,925doesn'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-PERPETUAL0.0000%1h0.6864−0.102%$54K$11K10xas long as short
Injective AERO/USDC PERP+0.0033%1h0.6902+0.451%$4$209K5.5xas long as short
Hyperliquid AERO+0.0100%1h0.6873+0.025%$23.0M$5.1M3xas long as short
Aster AEROUSDT+0.0100%4h0.6870−0.010%$40K$118K10xas long as short
Binance AEROUSDT+0.0100%4h0.6866−0.077%$26.1M$24.8M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6863−0.116%$22.3M$18.0M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6868−0.044%$2.3M$5.8M20xas long as short
Gate AERO_USDTshort+0.0100%4h0.6859−0.175%$1.6M$464K75x
MEXC AERO_USDT+0.0100%4h0.6866−0.073%$8.3M$1.5M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6869−0.029%$2.1M$930K50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AEROUSDT+0.0100%4h0.6863−0.116%$4.0M$1.8M75xas long as short
BingX AERO-USDT+0.0100%4h0.6863−0.116%$1.7Mas long as short
Variational Omni AERO+0.0100%4h0.6886+0.214%$2.0M$1.2Mas long as short
Extended AERO-USD+0.0104%1h0.6863−0.115%$209K$2.0M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6859−0.181%$46K3xas long as short
Reya AERORUSDPERP+0.0228%1h0.6865−0.093%$19K$4K15xas long as short
BloFin AERO-USDTlong+0.0340%4h0.6871long leg$940K$577K25x
01 Exchange AEROUSD+0.0472%1h0.6865−0.093%$186$1013xas long as short
GMX AERO/USD [ETH-USDC]L +0.0506% / S −0.0237%1h0.6863−0.120%$89K100xas long as short
RISEx AERO/USDC+0.0658%1h0.6860−0.154%$197K$463K3xas long as short
Lighter AERO+0.0968%1h0.6879+0.112%$1.3M$489K3xas long as short
Backpack AERO_USDC_PERP+0.1041%1h0.6874+0.039%$114K$248K15xas long as short
Coinbase International AERO-PERP-INTX+0.3376%1h0.6833−0.553%$89K$34K25xas long as short