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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0576%/8h= −63.1% APRpaid last 24h −0.068%
Price spread now: BingX against RISEx−0.066%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$450.449% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.437%−$44 on $10k
Price spread, last 4 days (all we have)−0.023%−$2 · spread now −0.066%, 7d avg −0.020%
Together, before fees−0.459%−$46 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and BingX is 0.047% cheaper against RISEx than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.020%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx AERO/USDC0.69080.0676pay 0.0084% / 1h23m 38s$214K$368K3x
ShortBingX AERO-USDT0.69030.0100get 0.0050% / 4h1h 23m$1.8M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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

Funding earned
−$120.92
Price spread: −0.066% → −0.020%
−$4.67
Slippage, 4 orders
−$28.88
Fee RISEx: 3 bp × 2 orders
−$6
Fee BingX: 5 bp × 2 orders
−$10
Net
−$170.47
Costs to cover
0.449%
Break-even
never at this rate
Slippage from RISEx: live order book, 60 min ago; BingX: live order book, 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy RISEx live order book, 60 min ago2.97 bp6.0 bp −$6doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 9 min ago2.18 bp16.1 bp −$1628.6 bp −$286258.2 bp −$25.8K755.1 bp −$377.6K

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%1h0.6906−0.023%$55K$11K10xas long as short
Hyperliquid AERO+0.0100%1h0.6905−0.032%$23.2M$5.5M3xas long as short
Aster AEROUSDT+0.0100%4h0.6902−0.077%$39K$110K10xas long as short
Binance AEROUSDT+0.0100%4h0.6902−0.079%$25.6M$25.4M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6902−0.081%$22.0M$20.6M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6903−0.066%$2.3M$6.8M20xas long as short
Gate AERO_USDT+0.0100%4h0.6898−0.139%$1.6M$532K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6902−0.081%$8.2M$1.7M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6901−0.095%$2.1M$906K50xas long as short
Bitget AEROUSDT+0.0100%4h0.6900−0.110%$4.1M$2.2M75xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AERO-USDTshort+0.0100%4h0.6903−0.066%$1.8M
Variational Omni AERO+0.0100%4h0.6881−0.390%$1.9M$1.7Mas long as short
Extended AERO-USD+0.0104%1h0.6901−0.097%$202K$1.3M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6905−0.030%$46K3xas long as short
Injective AERO/USDC PERP+0.0175%1h0.6902−0.081%$4$209K5.5xas long as short
01 Exchange AEROUSD+0.0216%1h0.6908+0.013%$187$1153xas long as short
Reya AERORUSDPERP+0.0228%1h0.6905−0.036%$19K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.6889−0.269%$914K$694K25xas long as short
GMX AERO/USD [ETH-USDC]L +0.0502% / S −0.0223%1h0.6905−0.043%$92K100xas long as short
Backpack AERO_USDC_PERP+0.0514%1h0.6913+0.078%$102K$314K15xas long as short
RISEx AERO/USDClong+0.0676%1h0.6908long leg$214K$368K3x
Coinbase International AERO-PERP-INTX+0.0736%1h0.6885−0.327%$91K$32K25xas long as short
Lighter AERO+0.0904%1h0.6920+0.174%$1.3M$464K3xas long as short