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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.033%
Price spread now: Hyperliquid against KuCoin+0.281%7-day average +0.075% · you sell dearer than you buy
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+0.273%+$27 on $10k
Price spread, last 7 days−0.287%−$29 · spread now +0.281%, 7d avg +0.075%
Together, before fees−0.015%+ Points / potential airdropHyperliquid: Season 2 · farm board−$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.206% dearer against KuCoin than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of +0.075%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin AEROUSDTM0.68770.0100pay 0.0050% / 4h3h 20m$2.1M$930K50x
ShortHyperliquid AERO0.68960.0100get 0.0013% / 1h20m 43s$23.0M$5.1M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Funding earned
$0
Price spread: +0.281% → +0.075%
$20.56
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$0.44
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 1 min ago; Hyperliquid: live order book, 2 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 KuCoin live order book, 1 min ago9.44 bp49.1 bp −$49367.9 bp −$3,679doesn't fitdoesn't fit
Sell Hyperliquid live order book, 2 min ago1.16 bpdoesn't fitdoesn't fitdoesn'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+0.364%$4$209K5.5xas long as short
Hyperliquid AEROshort+0.0100%1h0.6896+0.281%$23.0M$5.1M3x
Aster AEROUSDT+0.0100%4h0.6880+0.046%$40K$118K10xas long as short
Binance AEROUSDT+0.0100%4h0.6886+0.128%$26.1M$24.8M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6880+0.044%$22.3M$18.0M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6890+0.189%$2.3M$5.8M20xas long as short
Gate AERO_USDT+0.0100%4h0.6878+0.015%$1.6M$464K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6885+0.116%$8.3M$1.5M100xas long as short
KuCoin AEROUSDTMlong+0.0100%4h0.6877long leg$2.1M$930K50x
Bitget AEROUSDT+0.0100%4h0.6885+0.116%$4.0M$1.8M75xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AERO-USDT+0.0100%4h0.6880+0.044%$1.7Mas long as short
Variational Omni AERO+0.0100%4h0.6883+0.092%$2.0M$1.2Mas long as short
Extended AERO-USD+0.0104%1h0.6882+0.075%$209K$2.0M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6878+0.020%$46K3xas long as short
Deribit AERO_USDC-PERPETUAL+0.0186%1h0.6886+0.131%$55K$11K10xas long as short
Reya AERORUSDPERP+0.0228%1h0.6885+0.113%$19K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.6879+0.029%$942K$578K25xas long as short
01 Exchange AEROUSD+0.0464%1h0.6891+0.205%$187$1013xas long as short
GMX AERO/USD [ETH-USDC]L +0.0507% / S −0.0237%1h0.6883+0.092%$90K100xas long as short
RISEx AERO/USDC+0.0658%1h0.6885+0.113%$198K$463K3xas long as short
Lighter AERO+0.0976%1h0.6904+0.385%$1.3M$489K3xas long as short
Backpack AERO_USDC_PERP+0.1044%1h0.6894+0.246%$113K$248K15xas long as short
Coinbase International AERO-PERP-INTX+0.3376%1h0.6833−0.640%$89K$34K25xas long as short