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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0103%/8h= −11.3% APRpaid last 24h −0.015%
Price spread now: GMX against BloFin−0.127%111s7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and GMX is 0.127% cheaper against BloFin than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin AERO-USDT0.68330.0340pay 0.0170% / 4h2h 47m$934K$590K25x
ShortGMX AERO/USD [ETH-USDC]0.6824L +0.0504% / S −0.0237%get 0.0030% / 1h47m 26s$89K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
−$21.68
Price spread: −0.127% → 0.000%
−$12.72
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee GMX: 6 bp × 2 orders
−$12
Net
−$58.39
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 45 min ago; GMX: 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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 45 min ago0.72 bp11.3 bp −$1127.0 bp −$270118.7 bp −$11.9Kdoesn't fit
Sell GMX no order-book sample
GMX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective AERO/USDC PERP+0.0033%1h0.6902+1.010%$4$209K5.5xas long as short
Hyperliquid AERO+0.0100%1h0.6829−0.059%$22.6M$5.3M3xas long as short
Aster AEROUSDT+0.0100%4h0.6831−0.028%$39K$123K10xas long as short
Binance AEROUSDT+0.0100%4h0.6829−0.059%$25.9M$25.0M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6826−0.102%$22.1M$18.0M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6831−0.029%$2.3M$5.8M20xas long as short
Gate AERO_USDT+0.0100%4h0.6825−0.117%$1.6M$465K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6829−0.059%$8.3M$1.5M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6829−0.059%$2.3M$1.0M50xas long as short
Bitget AEROUSDT+0.0100%4h0.6829−0.059%$4.0M$1.8M75xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AERO-USDT+0.0100%4h0.6829−0.059%$1.7Mas long as short
Variational Omni AERO+0.0100%4h0.6842+0.136%$2.0M$1.2Mas long as short
Extended AERO-USD+0.0104%1h0.6827−0.093%$206K$1.4M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6825−0.112%$46K3xas long as short
Deribit AERO_USDC-PERPETUAL+0.0189%1h0.6839+0.088%$54K$11K10xas long as short
Reya AERORUSDPERP+0.0228%1h0.6826−0.100%$19K$4K15xas long as short
BloFin AERO-USDTlong+0.0340%4h0.6833long leg$934K$590K25x
01 Exchange AEROUSD+0.0368%1h0.6833+0.006%$185$1013xas long as short
Backpack AERO_USDC_PERP+0.0369%1h0.6839+0.092%$93K$260K15xas long as short
RISEx AERO/USDC+0.0382%1h0.6829−0.054%$197K$476K3xas long as short
Lighter AERO+0.0408%1h0.6844+0.154%$1.3M$506K3xas long as short
GMX AERO/USD [ETH-USDC]shortL +0.0504% / S −0.0237%1h0.6824−0.127%$89K100x
Coinbase International AERO-PERP-INTX+0.1984%1h0.6400−6.337%$83K$32K25xas long as short