AERO

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0266%/8h= +29.1% APRpaid last 24h +0.123%

Price spread now: Backpack against KuCoin+0.022%7-day average +0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs−$58as in the Funding arb table

Net, price: spread back to 7d avg − costs−$93as in the Price arb table

costs, in and out, $10k−$930.927% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.342%+$34 on $10k

Price spread, last 4 days (all we have)+0.019%+$2 · spread now +0.022%, 7d avg +0.025%

Together, before fees+0.360%+$36 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.025%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin AEROUSDTM	0.6834	0.0100	pay 0.0050% / 4h	2h 48m	$2.3M	$1.0M	50x
Short	Backpack AERO_USDC_PERP	0.6835	0.0366	get 0.0046% / 1h	48m 44s	$93K	$260K	15x

Funding history

latest

Range statsloading…

Backpack against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee KuCoinbpFee BackpackbpOrdersPrice spread, now +0.022%Rate

Slippage from KuCoin: live order book, 3 min ago; Backpack: live order book, 65 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 3 min ago	6.58 bp	44.1 bp −$44	381.4 bp −$3,814	doesn't fit	doesn't fit
Sell Backpack live order book, 65 min ago	0.07 bp	7.0 bp −$7	doesn't fit	doesn't fit	doesn't fit

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	+0.995%	$4	$209K	5.5x	as long as short
Deribit AERO_USDC-PERPETUAL	+0.0043%	1h	0.6833	−0.015%	$54K	$11K	10x	as long as short
Hyperliquid AERO	+0.0100%	1h	0.6840	+0.087%	$22.6M	$5.3M	3x	as long as short
Aster AEROUSDT	+0.0100%	4h	0.6837	+0.039%	$39K	$123K	10x	as long as short
Binance AEROUSDT	+0.0100%	4h	0.6834	0.000%	$25.9M	$25.0M	75x	as long as short
Bybit AEROUSDT	+0.0100%	4h	0.6834	0.000%	$22.1M	$18.0M	25x	as long as short
OKX AERO-USDT-SWAP	+0.0100%	4h	0.6849	+0.219%	$2.3M	$5.8M	20x	as long as short
Gate AERO_USDT	+0.0100%	4h	0.6831	−0.044%	$1.6M	$464K	75x	as long as short
MEXC AERO_USDT	+0.0100%	4h	0.6833	−0.015%	$8.3M	$1.5M	100x	as long as short
KuCoin AEROUSDTMlong	+0.0100%	4h	0.6834	long leg	$2.3M	$1.0M	50x

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget AEROUSDT	+0.0100%	4h	0.6835	+0.015%	$4.0M	$1.8M	75x	as long as short
BingX AERO-USDT	+0.0100%	4h	0.6834	0.000%	—	$1.7M	—	as long as short
Variational Omni AERO	+0.0100%	4h	0.6842	+0.121%	$2.0M	$1.2M	—	as long as short
Extended AERO-USD	+0.0104%	1h	0.6830	−0.064%	$206K	$1.4M	10x	as long as short
Aevo AERO-PERP	+0.0104%	1h	0.6830	−0.052%	$46K	—	3x	as long as short
Reya AERORUSDPERP	+0.0228%	1h	0.6832	−0.031%	$19K	$4K	15x	as long as short
BloFin AERO-USDT	+0.0340%	4h	0.6833	−0.015%	$934K	$590K	25x	as long as short
01 Exchange AEROUSD	+0.0352%	1h	0.6838	+0.056%	$185	$101	3x	as long as short
Backpack AERO_USDC_PERPshort	+0.0366%	1h	0.6835	+0.022%	$93K	$260K	15x
RISEx AERO/USDC	+0.0382%	1h	0.6832	−0.027%	$196K	$475K	3x	as long as short
Lighter AERO	+0.0392%	1h	0.6852	+0.265%	$1.3M	$506K	3x	as long as short
GMX AERO/USD [ETH-USDC]	L +0.0504% / S −0.0237%	1h	0.6830	−0.063%	$89K	—	100x	as long as short
Coinbase International AERO-PERP-INTX	+0.1984%	1h	0.6400	−6.351%	$83K	$32K	25x	as long as short