Funding arb · Price arb /

AERO

all AERO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0440%/8h= −48.2% APRpaid last 24h −0.082%

Price spread now: MEXC against RISEx−0.038%7-day average −0.007% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$320.323% of the position

Long on RISEx Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.456%−$46 on $10k

Price spread, last 4 days (all we have)−0.038%−$4 · spread now −0.038%, 7d avg −0.007%

Together, before fees−0.494%−$49 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and MEXC is 0.031% cheaper against RISEx than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.007%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx AERO/USDC	0.6870	0.0540	pay 0.0068% / 1h	47m 37s	$209K	$407K	3x
Short	MEXC AERO_USDT	0.6867	0.0100	get 0.0050% / 4h	1h 47m	$8.2M	$1.6M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.038%Rate

Funding earned: −$92.46
Price spread: −0.038% → −0.007%: −$3.08
Slippage, 4 orders: −$18.25
Fee RISEx: 3 bp × 2 orders: −$6
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$127.79
Costs to cover: 0.323%
Break-even: never at this rate

Slippage from RISEx: live order book, 16 min ago; MEXC: live order book, 5 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, 16 min ago	0.80 bp	4.7 bp −$5	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	0.72 bp	12.3 bp −$12	27.0 bp −$270	134.9 bp −$13.5K	doesn't fit

AERO on 22 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	0.6877	+0.108%	$55K	$11K	10x	as long as short
Injective AERO/USDC PERP	+0.0033%	1h	0.6902	+0.472%	$4	$209K	5.5x	as long as short
Aster AEROUSDT	+0.0100%	4h	0.6879	+0.137%	$39K	$117K	10x	as long as short
Binance AEROUSDT	+0.0100%	4h	0.6872	+0.034%	$26.0M	$25.3M	75x	as long as short
Bybit AEROUSDT	+0.0100%	4h	0.6872	+0.035%	$22.3M	$18.9M	25x	as long as short
OKX AERO-USDT-SWAP	+0.0100%	4h	0.6872	+0.035%	$2.3M	$6.5M	20x	as long as short
Gate AERO_USDT	+0.0100%	4h	0.6867	−0.038%	$1.6M	$478K	75x	as long as short
MEXC AERO_USDTshort	+0.0100%	4h	0.6867	−0.038%	$8.2M	$1.6M	100x
KuCoin AEROUSDTM	+0.0100%	4h	0.6885	+0.224%	$2.1M	$939K	50x	as long as short
Bitget AEROUSDT	+0.0100%	4h	0.6863	−0.096%	$4.0M	$1.9M	75x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX AERO-USDT	+0.0100%	4h	0.6869	−0.009%	—	$1.7M	—	as long as short
Variational Omni AERO	+0.0100%	4h	0.6906	+0.532%	$2.0M	$1.3M	—	as long as short
Extended AERO-USD	+0.0104%	1h	0.6867	−0.042%	$205K	$2.0M	10x	as long as short
Aevo AERO-PERP	+0.0104%	1h	0.6879	+0.135%	$46K	—	3x	as long as short
Hyperliquid AERO	+0.0123%	1h	0.6875	+0.071%	$23.0M	$5.2M	3x	as long as short
Reya AERORUSDPERP	+0.0228%	1h	0.6880	+0.151%	$19K	$4K	15x	as long as short
01 Exchange AEROUSD	+0.0424%	1h	0.6872	+0.032%	$186	$101	3x	as long as short
GMX AERO/USD [ETH-USDC]	L +0.0505% / S −0.0237%	1h	0.6876	+0.099%	$90K	—	100x	as long as short
RISEx AERO/USDClong	+0.0540%	1h	0.6870	long leg	$209K	$407K	3x
Backpack AERO_USDC_PERP	+0.1110%	1h	0.6883	+0.199%	$128K	$319K	15x	as long as short
Lighter AERO	+0.1344%	1h	0.6893	+0.345%	$1.3M	$492K	3x	as long as short
Coinbase International AERO-PERP-INTX	+1.0840%	1h	0.6900	+0.443%	$90K	$36K	25x	as long as short