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−0.0887%/8h= −97.1% APRnext payment $1.11 per $10,000 · paid last 24h +0.753%
Price spread now: Coinbase International against Deribit−7.119%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 4 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 −$27 a day on $10k at the current rate, and Coinbase International is 7.119% cheaper against Deribit than usual: you would sell low and buy high (−$712 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit AERO_USDC-PERPETUAL0.70090.0607pay 0.0076% / 1h19m 14s$56K$11K10x
ShortCoinbase International AERO-PERP-INTX0.6510−0.0280pay 0.0035% / 1h19m 14s$82K$37K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Deribit. 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
−$186.27
Price spread: −7.119% → 0.000%
−$711.94
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$915.21
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Deribit: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Deribit no order-book sample
Sell Coinbase International no order-book sample
Deribit and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International AERO-PERP-INTXshort−0.0280%1h0.6510−7.119%$82K$37K25x
Injective AERO/USDC PERP+0.0033%1h0.6902−1.527%$4$209K5.5xas long as short
Aster AEROUSDT+0.0100%4h0.7003−0.092%$43K$124K10xas long as short
Binance AEROUSDT+0.0100%4h0.7013+0.052%$26.4M$25.0M75xas long as short
Bybit AEROUSDT+0.0100%4h0.7006−0.043%$23.1M$18.2M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.7013+0.057%$2.4M$5.8M20xas long as short
Gate AERO_USDT+0.0100%4h0.7005−0.057%$1.6M$477K75xas long as short
MEXC AERO_USDT+0.0100%4h0.7013+0.057%$8.6M$1.4M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.7012+0.043%$2.0M$1.2M50xas long as short
Bitget AEROUSDT+0.0100%4h0.7013+0.057%$4.1M$1.9M75xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AERO-USDT+0.0100%4h0.7011+0.029%$1.8Mas long as short
Variational Omni AERO+0.0100%4h0.6994−0.207%$2.0M$1.2Mas long as short
Extended AERO-USD+0.0104%1h0.7010+0.008%$211K$1.4M10xas long as short
Aevo AERO-PERP+0.0104%1h0.7004−0.078%$47K3xas long as short
Reya AERORUSDPERP+0.0228%1h0.7011+0.032%$20K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.7007−0.029%$958K$569K25xas long as short
RISEx AERO/USDC+0.0503%1h0.7007−0.023%$239K$593K3xas long as short
GMX AERO/USD [ETH-USDC]L +0.0523% / S −0.0255%1h0.6990−0.270%$91K100xas long as short
Deribit AERO_USDC-PERPETUALlong+0.0607%1h0.7009long leg$56K$11K10x
01 Exchange AEROUSD+0.0736%1h0.7025+0.234%$190$1013xas long as short
Backpack AERO_USDC_PERP+0.0784%1h0.7005−0.060%$97K$252K15xas long as short
Hyperliquid AERO+0.0961%1h0.7024+0.220%$23.2M$5.4M3xas long as short
Lighter AERO+0.1536%1h0.7023+0.201%$1.3M$398K3xas long as short