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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0293%/8h= −32.1% APRpaid last 24h −0.031%
Price spread now: OKX against Hyperliquid−0.026%7-day average −0.092% · 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−0.221%−$22 on $10k
Price spread, last 7 days−0.005%−$1 · spread now −0.026%, 7d avg −0.092%
Together, before fees−0.227%+ Points / potential airdropHyperliquid: Season 2 · farm board−$23 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.066% dearer against Hyperliquid than usual: you sell high and buy low (spread −0.026% now, against its 7-day average of −0.092%): +$7 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 18 hours. At the pace of the last 7 days (−0.221% in total) that is about 2.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid AERO0.69220.0393pay 0.0049% / 1h9m 50s$23.3M$5.1M3x
ShortOKX AERO-USDT-SWAP0.69200.0100get 0.0050% / 4h1h 09m$2.3M$5.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$61.61
Price spread: −0.026% → −0.092%
$6.55
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee OKX: 5 bp × 2 orders
−$10
Net
−$74.06
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 3 min ago; OKX: live order book, 3 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, 3 min ago1.30 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 3 min ago1.45 bp13.1 bp −$1336.2 bp −$362doesn't fitdoesn'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
Injective AERO/USDC PERP+0.0033%1h0.6902−0.286%$4$209K5.5xas long as short
Aster AEROUSDT+0.0100%4h0.6927+0.070%$39K$116K10xas long as short
Binance AEROUSDT+0.0100%4h0.6918−0.055%$26.2M$24.8M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6917−0.069%$22.5M$18.4M25xas long as short
OKX AERO-USDT-SWAPshort+0.0100%4h0.6920−0.026%$2.3M$5.9M20x
Gate AERO_USDT+0.0100%4h0.6913−0.127%$1.6M$487K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6919−0.040%$8.3M$1.6M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6922+0.003%$2.1M$931K50xas long as short
Bitget AEROUSDT+0.0100%4h0.6916−0.084%$4.1M$1.9M75xas long as short
BingX AERO-USDT+0.0100%4h0.6917−0.069%$1.7Mas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AERO+0.0100%4h0.6912−0.147%$2.0M$1.3Mas long as short
Extended AERO-USD+0.0104%1h0.6913−0.131%$210K$2.0M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6920−0.030%$46K3xas long as short
Reya AERORUSDPERP+0.0228%1h0.6918−0.056%$19K$4K15xas long as short
Deribit AERO_USDC-PERPETUAL+0.0328%1h0.6920−0.026%$55K$11K10xas long as short
BloFin AERO-USDT+0.0340%4h0.6913−0.127%$899K$612K25xas long as short
Hyperliquid AEROlong+0.0393%1h0.6922long leg$23.3M$5.1M3x
01 Exchange AEROUSD+0.0488%1h0.6935+0.189%$188$1013xas long as short
GMX AERO/USD [ETH-USDC]L +0.0506% / S −0.0237%1h0.6914−0.110%$90K100xas long as short
RISEx AERO/USDC+0.0540%1h0.6927+0.071%$232K$414K3xas long as short
Backpack AERO_USDC_PERP+0.1055%1h0.6925+0.045%$113K$292K15xas long as short
Lighter AERO+0.1336%1h0.6934+0.173%$1.3M$502K3xas long as short
Coinbase International AERO-PERP-INTX+1.0840%1h0.6933+0.162%$91K$36K25xas long as short