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+0.0240%/8h= +26.3% APRpaid last 24h +0.021%
Price spread now: BloFin against Hyperliquid−0.009%7-day average −0.115% · 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 7 days−0.108%−$11 on $10k
Price spread, last 4 days (all we have)+0.014%+$1 · spread now −0.009%, 7d avg −0.115%
Together, before fees−0.095%+ Points / potential airdropHyperliquid: Season 2 · farm board−$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.106% dearer against Hyperliquid than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.115%. Mind the row above: over the last 7 days funding on this pair cost −0.108%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.108% in total (about -5.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid AERO0.67880.0100pay 0.0013% / 1h33m 00s$22.5M$5.3M3x
ShortBloFin AERO-USDT0.67870.0340get 0.0170% / 4h2h 33m$929K$588K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Hyperliquid. 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
$50.4
Price spread: −0.009% → −0.115%
$10.64
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
$40.04
Costs to cover
0.210%
Break-even
1.4 days
Slippage unknown: Hyperliquid: live order book, 10 min ago; BloFin: live order book, 59 min ago. 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 Hyperliquid live order book, 10 min ago1.91 bp8.8 bp −$9doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 59 min ago0.72 bp14.2 bp −$1425.5 bp −$255122.2 bp −$12.2Kdoesn't fit

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-PERPETUAL0.0000%1h0.6786−0.024%$54K$11K10xas long as short
Injective AERO/USDC PERP+0.0033%1h0.6902+1.685%$4$209K5.5xas long as short
Hyperliquid AEROlong+0.0100%1h0.6788long leg$22.5M$5.3M3x
Aster AEROUSDT+0.0100%4h0.6791+0.050%$39K$124K10xas long as short
Binance AEROUSDT+0.0100%4h0.6792+0.065%$25.6M$25.1M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6790+0.035%$22.0M$18.1M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6798+0.153%$2.2M$5.8M20xas long as short
Gate AERO_USDT+0.0100%4h0.6787−0.009%$1.6M$473K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6793+0.080%$8.3M$1.6M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6782−0.083%$2.2M$1.1M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AEROUSDT+0.0100%4h0.6784−0.053%$3.9M$1.8M75xas long as short
BingX AERO-USDT+0.0100%4h0.6792+0.065%$1.8Mas long as short
Variational Omni AERO+0.0100%4h0.6807+0.292%$1.9M$1.2Mas long as short
Extended AERO-USD+0.0104%1h0.6790+0.030%$203K$1.4M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6783−0.061%$46K3xas long as short
Reya AERORUSDPERP+0.0228%1h0.6785−0.039%$19K$4K15xas long as short
BloFin AERO-USDTshort+0.0340%4h0.6787−0.009%$929K$588K25x
01 Exchange AEROUSD+0.0360%1h0.6795+0.110%$184$1013xas long as short
Backpack AERO_USDC_PERP+0.0360%1h0.6791+0.052%$93K$260K15xas long as short
RISEx AERO/USDC+0.0382%1h0.6790+0.029%$199K$487K3xas long as short
Lighter AERO+0.0416%1h0.6797+0.138%$1.3M$507K3xas long as short
GMX AERO/USD [ETH-USDC]L +0.0504% / S −0.0237%1h0.6783−0.066%$88K100xas long as short
Coinbase International AERO-PERP-INTX+0.1984%1h0.6400−5.710%$83K$32K25xas long as short