Funding arb · Price arb /

AERO

all AERO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against OKX+0.015%7-day average −0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs−$91as in the Funding arb table

Net, price: spread back to 7d avg − costs−$82as in the Price arb table

costs, in and out, $10k−$860.859% of the position

Long on OKX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.047%−$5 on $10k

Price spread, last 7 days+0.021%+$2 · spread now +0.015%, 7d avg −0.026%

Together, before fees−0.026%−$3 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: Gate is 0.041% dearer against OKX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.026%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AERO-USDT-SWAP	0.6884	0.0100	pay 0.0050% / 4h	1h 05m	$2.3M	$5.8M	20x
Short	Gate AERO_USDT	0.6885	0.0100	get 0.0050% / 4h	1h 05m	$1.6M	$487K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee OKXbpFee GatebpOrdersPrice spread, now +0.015%Rate

Funding earned: $0
Price spread: +0.015% → −0.026%: $4.1
Slippage, 4 orders: −$60.9
Fee OKX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$81.8
Costs to cover: 0.859%
Break-even: never at this rate

Slippage from OKX: live order book, 2 min ago; Gate: live order book, 2 min ago.

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 OKX live order book, 2 min ago	1.45 bp	12.1 bp −$12	43.3 bp −$433	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	2.90 bp	24.6 bp −$25	207.2 bp −$2,072	doesn't fit	doesn't fit

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
Deribit AERO_USDC-PERPETUAL	0.0000%	1h	0.6885	+0.015%	$55K	$11K	10x	as long as short
Injective AERO/USDC PERP	+0.0033%	1h	0.6902	+0.261%	$4	$209K	5.5x	as long as short
Aster AEROUSDT	+0.0100%	4h	0.6892	+0.117%	$39K	$116K	10x	as long as short
Binance AEROUSDT	+0.0100%	4h	0.6882	−0.027%	$26.1M	$24.8M	75x	as long as short
Bybit AEROUSDT	+0.0100%	4h	0.6879	−0.073%	$22.4M	$18.4M	25x	as long as short
OKX AERO-USDT-SWAPlong	+0.0100%	4h	0.6884	long leg	$2.3M	$5.8M	20x
Gate AERO_USDTshort	+0.0100%	4h	0.6885	+0.015%	$1.6M	$487K	75x
MEXC AERO_USDT	+0.0100%	4h	0.6881	−0.044%	$8.2M	$1.6M	100x	as long as short
KuCoin AEROUSDTM	+0.0100%	4h	0.6896	+0.174%	$2.1M	$930K	50x	as long as short
Bitget AEROUSDT	+0.0100%	4h	0.6874	−0.145%	$4.0M	$1.9M	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	0.6888	+0.058%	—	$1.7M	—	as long as short
Variational Omni AERO	+0.0100%	4h	0.6885	+0.017%	$2.0M	$1.3M	—	as long as short
Extended AERO-USD	+0.0104%	1h	0.6881	−0.044%	$210K	$2.0M	10x	as long as short
Aevo AERO-PERP	+0.0104%	1h	0.6884	+0.001%	$46K	—	3x	as long as short
Reya AERORUSDPERP	+0.0228%	1h	0.6888	+0.062%	$19K	$4K	15x	as long as short
BloFin AERO-USDT	+0.0340%	4h	0.6914	+0.436%	$945K	$612K	25x	as long as short
Hyperliquid AERO	+0.0396%	1h	0.6886	+0.033%	$23.2M	$5.1M	3x	as long as short
01 Exchange AEROUSD	+0.0488%	1h	0.6893	+0.128%	$187	$101	3x	as long as short
GMX AERO/USD [ETH-USDC]	L +0.0506% / S −0.0237%	1h	0.6885	+0.009%	$90K	—	100x	as long as short
RISEx AERO/USDC	+0.0540%	1h	0.6889	+0.068%	$229K	$415K	3x	as long as short
Backpack AERO_USDC_PERP	+0.1046%	1h	0.6892	+0.112%	$113K	$292K	15x	as long as short
Lighter AERO	+0.1320%	1h	0.6892	+0.121%	$1.3M	$502K	3x	as long as short
Coinbase International AERO-PERP-INTX	+1.0840%	1h	0.6933	+0.712%	$91K	$36K	25x	as long as short