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+0.2142%/8h= +234.5% APRnext payment +$2.68 per $10,000 · paid last 24h −0.684%
Price spread now: GMX against Coinbase International−0.097%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
Funding pays, the price is against you. GMX is 0.097% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.097% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 4 hours of funding at the current rate (+$64 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International AERO-PERP-INTX0.6862−0.1896get 0.0237% / 1h27m 57s$88K$37K25x
ShortGMX AERO/USD [ETH-USDC]0.6855L +0.0506% / S −0.0246%get 0.0031% / 1h27m 57s$88K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$449.82
Price spread: −0.097% → 0.000%
−$9.69
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$418.13
Costs to cover
0.220%
Break-even
0.5 days
Slippage unknown: Coinbase International: no order-book sample; 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 Coinbase International no order-book sample
Sell GMX no order-book sample
Coinbase International and 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
Coinbase International AERO-PERP-INTXlong−0.1896%1h0.6862long leg$88K$37K25x
Deribit AERO_USDC-PERPETUAL0.0000%1h0.6853−0.131%$54K$11K10xas long as short
Injective AERO/USDC PERP+0.0033%1h0.6902+0.583%$4$209K5.5xas long as short
Aster AEROUSDT+0.0100%4h0.6859−0.047%$42K$125K10xas long as short
Binance AEROUSDT+0.0100%4h0.6859−0.039%$25.8M$25.4M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6857−0.073%$22.4M$18.2M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6865+0.044%$2.3M$5.9M20xas long as short
Gate AERO_USDT+0.0100%4h0.6853−0.131%$1.6M$475K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6857−0.073%$8.4M$1.4M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6854−0.117%$2.0M$1.1M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AEROUSDT+0.0100%4h0.6858−0.058%$4.0M$1.9M75xas long as short
BingX AERO-USDT+0.0100%4h0.6858−0.058%$1.8Mas long as short
Variational Omni AERO+0.0100%4h0.6850−0.170%$2.0M$1.2Mas long as short
Extended AERO-USD+0.0104%1h0.6860−0.031%$202K$1.4M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6849−0.187%$46K3xas long as short
Reya AERORUSDPERP+0.0228%1h0.6852−0.140%$19K$4K15xas long as short
Hyperliquid AERO+0.0336%1h0.6866+0.057%$22.7M$5.3M3xas long as short
BloFin AERO-USDT+0.0340%4h0.6856−0.087%$932K$582K25xas long as short
01 Exchange AEROUSD+0.0392%1h0.6855−0.096%$186$1013xas long as short
RISEx AERO/USDC+0.0491%1h0.6851−0.164%$197K$527K3xas long as short
GMX AERO/USD [ETH-USDC]shortL +0.0506% / S −0.0246%1h0.6855−0.097%$88K100x
Backpack AERO_USDC_PERP+0.0645%1h0.6862−0.006%$93K$260K15xas long as short
Lighter AERO+0.0872%1h0.6868+0.083%$1.3M$499K3xas long as short