Funding arb · Price arb /

AERO

all AERO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.3276%/8h= +358.7% APRpaid last 24h +0.730%

Price spread now: Coinbase International against KuCoin−0.347%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+4.636%+$464 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Coinbase International is 0.347% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.347% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$35 on $10k: about 8 hours of funding at the current rate (+$98 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin AEROUSDTM	0.6914	0.0100	pay 0.0050% / 4h	3h 42m	$2.1M	$930K	50x
Short	Coinbase International AERO-PERP-INTX	0.6890	0.3376	get 0.0422% / 1h	42m 55s	$90K	$34K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against KuCoin. 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

Position, each leg$Hold fordaysFee KuCoinbpFee Coinbase InternationalbpOrdersPrice spread, now −0.347%Rate

Funding earned: $687.96
Price spread: −0.347% → 0.000%: −$34.71
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $631.25
Costs to cover: 0.220%
Break-even: 0.6 days

Slippage unknown: KuCoin: live order book, 4 min ago; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 4 min ago	8.66 bp	47.4 bp −$47	353.9 bp −$3,539	doesn't fit	doesn't fit
Sell Coinbase International no order-book sample	—	—	—	—	—

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective AERO/USDC PERP	+0.0033%	1h	0.6902	−0.174%	$4	$209K	5.5x	as long as short
Hyperliquid AERO	+0.0100%	1h	0.6913	−0.012%	$23.1M	$5.1M	3x	as long as short
Aster AEROUSDT	+0.0100%	4h	0.6926	+0.169%	$40K	$118K	10x	as long as short
Binance AEROUSDT	+0.0100%	4h	0.6916	+0.034%	$26.3M	$24.8M	75x	as long as short
Bybit AEROUSDT	+0.0100%	4h	0.6913	−0.014%	$22.5M	$18.1M	25x	as long as short
OKX AERO-USDT-SWAP	+0.0100%	4h	0.6918	+0.058%	$2.3M	$5.9M	20x	as long as short
Gate AERO_USDT	+0.0100%	4h	0.6913	−0.014%	$1.6M	$462K	75x	as long as short
MEXC AERO_USDT	+0.0100%	4h	0.6916	+0.029%	$8.3M	$1.5M	100x	as long as short
KuCoin AEROUSDTMlong	+0.0100%	4h	0.6914	long leg	$2.1M	$930K	50x
Bitget AEROUSDT	+0.0100%	4h	0.6907	−0.101%	$4.1M	$1.8M	75x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX AERO-USDT	+0.0100%	4h	0.6917	+0.043%	—	$1.7M	—	as long as short
Variational Omni AERO	+0.0100%	4h	0.6924	+0.149%	$2.0M	$1.2M	—	as long as short
Extended AERO-USD	+0.0104%	1h	0.6912	−0.035%	$211K	$2.0M	10x	as long as short
Aevo AERO-PERP	+0.0104%	1h	0.6917	+0.042%	$46K	—	3x	as long as short
Reya AERORUSDPERP	+0.0228%	1h	0.6922	+0.110%	$19K	$4K	15x	as long as short
Deribit AERO_USDC-PERPETUAL	+0.0328%	1h	0.6920	+0.087%	$55K	$11K	10x	as long as short
BloFin AERO-USDT	+0.0340%	4h	0.6924	+0.145%	$948K	$574K	25x	as long as short
GMX AERO/USD [ETH-USDC]	L +0.0507% / S −0.0237%	1h	0.6916	+0.036%	$90K	—	100x	as long as short
01 Exchange AEROUSD	+0.0560%	1h	0.6927	+0.192%	$188	$101	3x	as long as short
RISEx AERO/USDC	+0.0658%	1h	0.6922	+0.109%	$209K	$454K	3x	as long as short
Lighter AERO	+0.1128%	1h	0.6935	+0.296%	$1.3M	$487K	3x	as long as short
Backpack AERO_USDC_PERP	+0.1138%	1h	0.6928	+0.210%	$115K	$248K	15x	as long as short
Coinbase International AERO-PERP-INTXshort	+0.3376%	1h	0.6890	−0.347%	$90K	$34K	25x