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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.3343%/8h= +366.0% APRnext payment +$4.18 per $10,000 · paid last 24h +0.753%
Price spread now: Coinbase International against Injective−1.000%64s7-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 7 days+4.736%+$474 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Coinbase International is 1.000% cheaper against Injective than usual: you would sell low and buy high (spread −1.000% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$100 on $10k: about 24 hours of funding at the current rate (+$100 a day). The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective AERO/USDC PERP0.69020.0033pay 0.0004% / 1h22m 09s$4$209K5.5x
ShortCoinbase International AERO-PERP-INTX0.68330.3376get 0.0422% / 1h22m 09s$89K$34K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Injective. 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
$701.96
Price spread: −1.000% → 0.000%
−$99.97
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$591.97
Costs to cover
0.100%
Break-even
1.1 days
Slippage unknown: Injective: 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 Injective no order-book sample
Sell Coinbase International no order-book sample
Injective 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
Deribit AERO_USDC-PERPETUAL0.0000%1h0.6864−0.551%$54K$11K10xas long as short
Injective AERO/USDC PERPlong+0.0033%1h0.6902long leg$4$209K5.5x
Hyperliquid AERO+0.0100%1h0.6873−0.424%$23.0M$5.1M3xas long as short
Aster AEROUSDT+0.0100%4h0.6870−0.459%$40K$118K10xas long as short
Binance AEROUSDT+0.0100%4h0.6866−0.526%$26.1M$24.8M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6863−0.565%$22.3M$18.0M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6868−0.493%$2.3M$5.8M20xas long as short
Gate AERO_USDT+0.0100%4h0.6859−0.623%$1.6M$464K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6866−0.522%$8.3M$1.5M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6869−0.478%$2.1M$930K50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AEROUSDT+0.0100%4h0.6863−0.565%$4.0M$1.8M75xas long as short
BingX AERO-USDT+0.0100%4h0.6863−0.565%$1.7Mas long as short
Variational Omni AERO+0.0100%4h0.6886−0.236%$2.0M$1.2Mas long as short
Extended AERO-USD+0.0104%1h0.6863−0.563%$209K$2.0M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6859−0.629%$46K3xas long as short
Reya AERORUSDPERP+0.0228%1h0.6865−0.541%$19K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.6871−0.449%$940K$577K25xas long as short
01 Exchange AEROUSD+0.0472%1h0.6865−0.542%$186$1013xas long as short
GMX AERO/USD [ETH-USDC]L +0.0506% / S −0.0237%1h0.6863−0.569%$89K100xas long as short
RISEx AERO/USDC+0.0658%1h0.6860−0.603%$197K$463K3xas long as short
Lighter AERO+0.0968%1h0.6879−0.338%$1.3M$489K3xas long as short
Backpack AERO_USDC_PERP+0.1041%1h0.6874−0.410%$114K$248K15xas long as short
Coinbase International AERO-PERP-INTXshort+0.3376%1h0.6833−1.000%$89K$34K25x