Funding arb · Price arb /

AERO

all AERO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0316%/8h= −34.6% APRpaid last 24h −0.094%

Price spread now: Binance against RISEx+0.045%7-day average 0.000% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$360.357% of the position

Long on RISEx Short on Binance

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.487%−$49 on $10k

Price spread, last 4 days (all we have)−0.069%−$7 · spread now +0.045%, 7d avg 0.000%

Together, before fees−0.556%−$56 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.046% dearer against RISEx than usual: you sell high and buy low (spread +0.045% now, against its 7-day average of 0.000%): +$5 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 12 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx AERO/USDC	0.6889	0.0416	pay 0.0052% / 1h	57m 55s	$203K	$527K	3x
Short	Binance AEROUSDT	0.6892	0.0100	get 0.0050% / 4h	57m 55s	$26.0M	$25.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against RISEx. 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 RISExbpFee BinancebpOrdersPrice spread, now +0.045%Rate

Funding earned: −$66.3
Price spread: +0.045% → 0.000%: $4.55
Slippage, 4 orders: −$19.72
Fee RISEx: 3 bp × 2 orders: −$6
Fee Binance: 5 bp × 2 orders: −$10
Net: −$97.47
Costs to cover: 0.357%
Break-even: never at this rate

Slippage from RISEx: live order book, 46 min ago; Binance: live order book, 13 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 RISEx live order book, 46 min ago	0.65 bp	4.2 bp −$4	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 13 min ago	0.73 bp	15.3 bp −$15	31.6 bp −$316	309.2 bp −$30.9K	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
Coinbase International AERO-PERP-INTX	−0.0360%	1h	0.6898	+0.133%	$88K	$37K	25x	as long as short
Injective AERO/USDC PERP	+0.0033%	1h	0.6902	+0.191%	$4	$209K	5.5x	as long as short
Aster AEROUSDT	+0.0100%	4h	0.6894	+0.071%	$42K	$128K	10x	as long as short
Binance AEROUSDTshort	+0.0100%	4h	0.6892	+0.045%	$26.0M	$25.2M	75x
Bybit AEROUSDT	+0.0100%	4h	0.6889	+0.002%	$22.5M	$18.1M	25x	as long as short
OKX AERO-USDT-SWAP	+0.0100%	4h	0.6893	+0.060%	$2.3M	$5.9M	20x	as long as short
Gate AERO_USDT	+0.0100%	4h	0.6888	−0.013%	$1.6M	$473K	75x	as long as short
MEXC AERO_USDT	+0.0100%	4h	0.6892	+0.045%	$8.5M	$1.4M	100x	as long as short
KuCoin AEROUSDTM	+0.0100%	4h	0.6890	+0.016%	$2.0M	$1.1M	50x	as long as short
Bitget AEROUSDT	+0.0100%	4h	0.6891	+0.031%	$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	0.6892	+0.045%	—	$1.8M	—	as long as short
Variational Omni AERO	+0.0100%	4h	0.6882	−0.095%	$2.0M	$1.2M	—	as long as short
Extended AERO-USD	+0.0104%	1h	0.6889	−0.001%	$204K	$1.4M	10x	as long as short
Aevo AERO-PERP	+0.0104%	1h	0.6888	−0.017%	$46K	—	3x	as long as short
Deribit AERO_USDC-PERPETUAL	+0.0186%	1h	0.6890	+0.016%	$55K	$11K	10x	as long as short
Hyperliquid AERO	+0.0213%	1h	0.6901	+0.176%	$22.8M	$5.3M	3x	as long as short
Reya AERORUSDPERP	+0.0228%	1h	0.6887	−0.022%	$19K	$4K	15x	as long as short
BloFin AERO-USDT	+0.0340%	4h	0.6890	+0.016%	$938K	$582K	25x	as long as short
RISEx AERO/USDClong	+0.0416%	1h	0.6889	long leg	$203K	$527K	3x
01 Exchange AEROUSD	+0.0480%	1h	0.6895	+0.086%	$187	$101	3x	as long as short
GMX AERO/USD [ETH-USDC]	L +0.0518% / S −0.0255%	1h	0.6887	−0.028%	$90K	—	100x	as long as short
Backpack AERO_USDC_PERP	+0.0767%	1h	0.6899	+0.141%	$94K	$260K	15x	as long as short
Lighter AERO	+0.0968%	1h	0.6903	+0.204%	$1.3M	$390K	3x	as long as short