Funding you earn now, next payment 11:00 UTC−0.0415%/8h= −45.4% APRpaid last 24h −0.125%
Price spread now: Variational Omni against GMX−0.067%125s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Variational Omni is 0.067% cheaper against GMX than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 125 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX AERO/USD [ETH-USDC] | 0.7082 | L +0.0515% / S −0.0233% | pay 0.0064% / 1h | 50m 13s | $93K | — | 100x |
| Short | Variational Omni AERO | 0.7078 | 0.0100 | get 0.0050% / 4h | 1h 50m | $2.0M | $838K | — |
GMX AERO/USD [ETH-USDC]
Variational Omni AEROFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against GMX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$87.09
- Price spread: −0.067% → 0.000%
- −$6.67
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$105.77
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Variational Omni: RFQ quote, 2 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy GMX no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 2 min ago | 4.24 bp | doesn't fit | 11.3 bp −$113 | doesn't fit | doesn't fit |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective AERO/USDC PERP | +0.0033% | 1h | 0.6902 | −2.547% | $4 | $209K | 5.5x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.7088 | +0.079% | $43K | $107K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.7088 | +0.079% | $27.0M | $25.2M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.7084 | +0.022% | $23.5M | $17.9M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.7090 | +0.107% | $2.4M | $5.6M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.7082 | −0.006% | $1.7M | $482K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.7091 | +0.121% | $8.6M | $1.4M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.7088 | +0.079% | $2.1M | $1.2M | 50x | as long as short |
| Bitget AEROUSDT | +0.0100% | 4h | 0.7083 | +0.008% | $4.2M | $1.9M | 75x | as long as short |
| BingX AERO-USDT | +0.0100% | 4h | 0.7084 | +0.022% | — | $1.8M | — | as long as short |
Injective AERO/USDC PERP
Aster AEROUSDT
Binance AEROUSDT
Bybit AEROUSDT
OKX AERO-USDT-SWAP
Gate AERO_USDT
MEXC AERO_USDT
KuCoin AEROUSDTM
Bitget AEROUSDT
BingX AERO-USDTShow all 23 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AEROshort | +0.0100% | 4h | 0.7078 | −0.067% | $2.0M | $838K | — | |
| Extended AERO-USD | +0.0104% | 1h | 0.7084 | +0.017% | $221K | $1.4M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.7082 | −0.009% | $48K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.7082 | −0.005% | $20K | $4K | 15x | as long as short |
| BloFin AERO-USDT | +0.0357% | 4h | 0.7086 | +0.051% | $988K | $637K | 25x | as long as short |
| Backpack AERO_USDC_PERP | +0.0448% | 1h | 0.7091 | +0.117% | $102K | $234K | 15x | as long as short |
| Deribit AERO_USDC-PERPETUAL | +0.0456% | 1h | 0.7088 | +0.079% | $56K | $684 | 10x | as long as short |
| RISEx AERO/USDC | +0.0502% | 1h | 0.7085 | +0.038% | $217K | $585K | 3x | as long as short |
| GMX AERO/USD [ETH-USDC]long | L +0.0515% / S −0.0233% | 1h | 0.7082 | long leg | $93K | — | 100x | |
| 01 Exchange AEROUSD | +0.0616% | 1h | 0.7100 | +0.254% | $192 | $101 | 3x | as long as short |
| Hyperliquid AERO | +0.0949% | 1h | 0.7097 | +0.212% | $23.4M | $5.9M | 3x | as long as short |
| Lighter AERO | +0.1160% | 1h | 0.7103 | +0.286% | $1.3M | $388K | 3x | as long as short |
| Coinbase International AERO-PERP-INTX | +0.2200% | 1h | 0.6701 | −5.385% | $84K | $37K | 25x | as long as short |
Extended AERO-USD
Aevo AERO-PERP
Reya AERORUSDPERP
BloFin AERO-USDT
Backpack AERO_USDC_PERP
Deribit AERO_USDC-PERPETUAL
RISEx AERO/USDC
01 Exchange AEROUSD
Hyperliquid AERO
Lighter AERO
Coinbase International AERO-PERP-INTX