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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0135%/8h= +14.8% APRpaid last 24h +0.043%
Price spread now: GMX against Gate+0.078%207s7-day average · you sell dearer than you buy
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 for this trade now. Funding pays +$4 a day on $10k at the current rate, and GMX is 0.078% dearer against Gate than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 207 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate AERO_USDT0.69940.0100pay 0.0050% / 4h1h 07m$1.7M$491K75x
ShortGMX AERO/USD [ETH-USDC]0.6999L +0.0515% / S −0.0235%get 0.0029% / 1h7m 54s$92K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Gate. 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
$28.35
Price spread: +0.078% → 0.000%
$7.82
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee GMX: 6 bp × 2 orders
−$12
Net
$9.17
Costs to cover
0.270%
Break-even
4.7 days
Slippage unknown: Gate: live order book, 3 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 Gate live order book, 3 min ago3.57 bp27.7 bp −$28208.2 bp −$2,082doesn't fitdoesn'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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin AERO-USDT−0.0200%4h0.7004+0.143%$979K$642K25xas long as short
Deribit AERO_USDC-PERPETUAL0.0000%1h0.6998+0.057%$56K10xas long as short
Injective AERO/USDC PERP+0.0033%1h0.6902−1.315%$4$209K5.5xas long as short
Aster AEROUSDT+0.0100%4h0.7000+0.086%$42K$105K10xas long as short
Binance AEROUSDT+0.0100%4h0.6999+0.067%$26.5M$25.2M75xas long as short
Bybit AEROUSDT+0.0100%4h0.69940.000%$23.1M$17.9M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.7001+0.100%$2.4M$5.5M20xas long as short
Gate AERO_USDTlong+0.0100%4h0.6994long leg$1.7M$491K75x
MEXC AERO_USDT+0.0100%4h0.6998+0.057%$8.6M$1.5M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6996+0.029%$1.9M$1.3M50xas long as short
Show all 23 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AEROUSDT+0.0100%4h0.6997+0.043%$4.1M$2.0M75xas long as short
BingX AERO-USDT+0.0100%4h0.6997+0.043%$1.8Mas long as short
Variational Omni AERO+0.0100%4h0.6997+0.039%$2.0M$834Kas long as short
Extended AERO-USD+0.0104%1h0.6996+0.029%$225K$1.4M10xas long as short
Aevo AERO-PERP+0.0104%1h0.69940.000%$47K3xas long as short
Reya AERORUSDPERP+0.0228%1h0.6996+0.034%$20K$4K15xas long as short
Backpack AERO_USDC_PERP+0.0330%1h0.7001+0.103%$97K$245K15xas long as short
RISEx AERO/USDC+0.0502%1h0.6998+0.053%$210K$600K3xas long as short
01 Exchange AEROUSD+0.0504%1h0.7002+0.117%$190$1013xas long as short
GMX AERO/USD [ETH-USDC]shortL +0.0515% / S −0.0235%1h0.6999+0.078%$92K100x
Hyperliquid AERO+0.0803%1h0.7009+0.210%$23.2M$5.9M3xas long as short
Lighter AERO+0.1024%1h0.7012+0.252%$1.3M$400K3xas long as short
Coinbase International AERO-PERP-INTX+0.2200%1h0.6701−4.189%$83K$38K25xas long as short