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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0508%/8h= +55.6% APRnext payment +$0.63 per $10,000 · paid last 24h +0.409%
Price spread now: Coinbase International against Reya−0.266%48s7-day average · you buy dearer than you sell
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 fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Funding pays, the price is against you. Coinbase International is 0.266% cheaper against Reya than usual: you would sell low and buy high (spread −0.266% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$27 on $10k: about 42 hours of funding at the current rate (+$15 a day). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya AERORUSDPERP0.69030.0228pay 0.0029% / 1h23m 31s$19K$4K15x
ShortCoinbase International AERO-PERP-INTX0.68850.0736get 0.0092% / 1h23m 31s$91K$32K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Reya. 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
$106.64
Price spread: −0.266% → 0.000%
−$26.61
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$64.03
Costs to cover
0.160%
Break-even
2.8 days
Slippage unknown: Reya: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Reya no order-book sample
Sell Coinbase International no order-book sample
Reya and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit AERO_USDC-PERPETUAL−0.0040%1h0.6906+0.038%$55K$11K10xas long as short
Hyperliquid AERO+0.0100%1h0.6908+0.071%$23.2M$5.5M3xas long as short
Aster AEROUSDT+0.0100%4h0.6902−0.015%$39K$110K10xas long as short
Binance AEROUSDT+0.0100%4h0.6902−0.016%$25.6M$25.4M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6905+0.024%$22.0M$20.6M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6903−0.005%$2.3M$6.8M20xas long as short
Gate AERO_USDT+0.0100%4h0.6898−0.078%$1.6M$532K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6902−0.020%$8.2M$1.7M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6902−0.020%$2.1M$906K50xas long as short
Bitget AEROUSDT+0.0100%4h0.6900−0.049%$4.1M$2.2M75xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AERO-USDT+0.0100%4h0.6903−0.005%$1.8Mas long as short
Variational Omni AERO+0.0100%4h0.6881−0.329%$1.9M$1.7Mas long as short
Extended AERO-USD+0.0104%1h0.6901−0.036%$202K$1.3M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6905+0.031%$46K3xas long as short
Injective AERO/USDC PERP+0.0175%1h0.6902−0.020%$4$209K5.5xas long as short
01 Exchange AEROUSD+0.0216%1h0.6908+0.074%$187$1153xas long as short
Reya AERORUSDPERPlong+0.0228%1h0.6903long leg$19K$4K15x
BloFin AERO-USDT+0.0340%4h0.6889−0.208%$914K$694K25xas long as short
GMX AERO/USD [ETH-USDC]L +0.0502% / S −0.0223%1h0.6905+0.018%$92K100xas long as short
Backpack AERO_USDC_PERP+0.0514%1h0.6913+0.140%$102K$314K15xas long as short
RISEx AERO/USDC+0.0676%1h0.6908+0.061%$214K$368K3xas long as short
Coinbase International AERO-PERP-INTXshort+0.0736%1h0.6885−0.266%$91K$32K25x
Lighter AERO+0.0904%1h0.6920+0.235%$1.3M$464K3xas long as short