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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0736%/8h= −80.6% APRnext payment $0.92 per $10,000 · paid last 24h −0.511%
Price spread now: Deribit against Coinbase International−0.043%7-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 −$22 a day on $10k at the current rate, and Deribit is 0.043% cheaper against Coinbase International than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International AERO-PERP-INTX0.69030.0736pay 0.0092% / 1h3m 42s$92K$32K25x
ShortDeribit AERO_USDC-PERPETUAL0.69000get 0.0000% / 1h3m 42s$55K$11K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Coinbase International. 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
−$154.56
Price spread: −0.043% → 0.000%
−$4.35
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$175.91
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Coinbase International: no order-book sample; Deribit: 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 Coinbase International no order-book sample
Sell Deribit no order-book sample
Coinbase International and Deribit: 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
Deribit AERO_USDC-PERPETUALshort0.0000%1h0.6900−0.043%$55K$11K10x
Hyperliquid AERO+0.0100%1h0.6906+0.046%$23.2M$5.3M3xas long as short
Aster AEROUSDT+0.0100%4h0.6899−0.051%$39K$109K10xas long as short
Binance AEROUSDT+0.0100%4h0.69030.000%$25.6M$25.3M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6902−0.014%$22.0M$20.4M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6907+0.058%$2.3M$6.8M20xas long as short
Gate AERO_USDT+0.0100%4h0.6895−0.116%$1.6M$533K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6902−0.014%$8.2M$1.7M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6898−0.072%$2.1M$904K50xas long as short
Bitget AEROUSDT+0.0100%4h0.6900−0.043%$4.1M$2.1M75xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AERO-USDT+0.0100%4h0.6897−0.087%$1.7Mas long as short
Variational Omni AERO+0.0100%4h0.6896−0.100%$1.9M$1.7Mas long as short
Extended AERO-USD+0.0104%1h0.6902−0.019%$202K$1.3M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6900−0.043%$46K3xas long as short
Injective AERO/USDC PERP+0.0175%1h0.6902−0.014%$4$209K5.5xas long as short
01 Exchange AEROUSD+0.0224%1h0.6907+0.062%$187$1153xas long as short
Reya AERORUSDPERP+0.0228%1h0.6900−0.042%$19K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.6897−0.087%$914K$695K25xas long as short
GMX AERO/USD [ETH-USDC]L +0.0502% / S −0.0223%1h0.6899−0.055%$92K100xas long as short
Backpack AERO_USDC_PERP+0.0547%1h0.6908+0.080%$102K$314K15xas long as short
RISEx AERO/USDC+0.0676%1h0.6904+0.019%$216K$368K3xas long as short
Coinbase International AERO-PERP-INTXlong+0.0736%1h0.6903long leg$92K$32K25x
Lighter AERO+0.0896%1h0.6920+0.249%$1.3M$464K3xas long as short