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+0.0086%/8h= +9.4% APRpaid last 24h −0.050%
Price spread now: Deribit against OKX+0.058%46s7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Deribit is 0.058% dearer against OKX than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX AERO-USDT-SWAP0.68750.0100pay 0.0050% / 4h39m 32s$2.3M$5.8M20x
ShortDeribit AERO_USDC-PERPETUAL0.68790.0186get 0.0023% / 1h39m 32s$55K$11K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against OKX. 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
$18.06
Price spread: +0.058% → 0.000%
$5.82
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$6.88
Costs to cover
0.170%
Break-even
4.3 days
Slippage unknown: OKX: live order book, 3 min ago; Deribit: 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 OKX live order book, 3 min ago2.19 bp12.4 bp −$1235.5 bp −$355doesn't fitdoesn't fit
Sell Deribit no order-book sample
Deribit: 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
Injective AERO/USDC PERP+0.0033%1h0.6902+0.393%$4$209K5.5xas long as short
Hyperliquid AERO+0.0100%1h0.6883+0.118%$23.1M$5.0M3xas long as short
Aster AEROUSDT+0.0100%4h0.6883+0.116%$40K$116K10xas long as short
Binance AEROUSDT+0.0100%4h0.6878+0.045%$26.1M$24.8M75xas long as short
Bybit AEROUSDT+0.0100%4h0.68750.000%$22.3M$18.2M25xas long as short
OKX AERO-USDT-SWAPlong+0.0100%4h0.6875long leg$2.3M$5.8M20x
Gate AERO_USDT+0.0100%4h0.6877+0.029%$1.6M$460K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6878+0.044%$8.2M$1.5M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6880+0.073%$2.1M$929K50xas long as short
Bitget AEROUSDT+0.0100%4h0.6879+0.058%$4.0M$1.8M75xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AERO-USDT+0.0100%4h0.6878+0.044%$1.7Mas long as short
Variational Omni AERO+0.0100%4h0.6870−0.069%$2.0M$1.2Mas long as short
Extended AERO-USD+0.0104%1h0.6872−0.040%$208K$2.0M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6882+0.105%$46K3xas long as short
Deribit AERO_USDC-PERPETUALshort+0.0186%1h0.6879+0.058%$55K$11K10x
Reya AERORUSDPERP+0.0228%1h0.6880+0.074%$19K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.6857−0.262%$939K$580K25xas long as short
01 Exchange AEROUSD+0.0344%1h0.6880+0.070%$186$1013xas long as short
GMX AERO/USD [ETH-USDC]L +0.0506% / S −0.0237%1h0.6877+0.026%$90K100xas long as short
RISEx AERO/USDC+0.0677%1h0.6876+0.013%$209K$438K3xas long as short
Lighter AERO+0.0760%1h0.6893+0.266%$1.3M$484K3xas long as short
Backpack AERO_USDC_PERP+0.0855%1h0.6885+0.140%$113K$292K15xas long as short
Coinbase International AERO-PERP-INTX+0.6656%1h0.6869−0.087%$90K$35K25xas long as short