Funding arb · Price arb /

AERO

all AERO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.1884%/8h= +206.3% APRpaid last 24h +0.749%

Price spread now: Coinbase International against Aster−5.871%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding pays, the price is against you. Coinbase International is 5.871% cheaper against Aster than usual: you would sell low and buy high (spread −5.871% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$587 on $10k: about 10 days of funding at the current rate (+$57 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster AEROUSDT	0.6845	0.0100	pay 0.0050% / 4h	2h 52m	$39K	$123K	10x
Short	Coinbase International AERO-PERP-INTX	0.6443	0.1984	get 0.0248% / 1h	52m 08s	$84K	$32K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Aster. 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 AsterbpFee Coinbase InternationalbpOrdersPrice spread, now −5.871%Rate

Funding earned: $395.64
Price spread: −5.871% → 0.000%: −$587.1
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$209.46
Costs to cover: 0.180%
Break-even: 10.7 days

Slippage unknown: Aster: live order book, 59 min ago; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 59 min ago	5.05 bp	27.5 bp −$27	doesn't fit	doesn't fit	doesn't fit
Sell Coinbase International no order-book sample	—	—	—	—	—

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit AERO_USDC-PERPETUAL	0.0000%	1h	0.6844	−0.013%	$54K	$11K	10x	as long as short
Injective AERO/USDC PERP	+0.0033%	1h	0.6902	+0.835%	$4	$209K	5.5x	as long as short
Hyperliquid AERO	+0.0100%	1h	0.6843	−0.029%	$22.6M	$5.3M	3x	as long as short
Aster AEROUSDTlong	+0.0100%	4h	0.6845	long leg	$39K	$123K	10x
Binance AEROUSDT	+0.0100%	4h	0.6845	−0.001%	$25.9M	$25.0M	75x	as long as short
Bybit AEROUSDT	+0.0100%	4h	0.6842	−0.042%	$22.2M	$18.0M	25x	as long as short
OKX AERO-USDT-SWAP	+0.0100%	4h	0.6843	−0.027%	$2.3M	$5.8M	20x	as long as short
Gate AERO_USDT	+0.0100%	4h	0.6834	−0.159%	$1.6M	$464K	75x	as long as short
MEXC AERO_USDT	+0.0100%	4h	0.6845	+0.002%	$8.3M	$1.5M	100x	as long as short
KuCoin AEROUSDTM	+0.0100%	4h	0.6837	−0.115%	$2.3M	$1.0M	50x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget AEROUSDT	+0.0100%	4h	0.6842	−0.042%	$4.0M	$1.8M	75x	as long as short
BingX AERO-USDT	+0.0100%	4h	0.6844	−0.013%	—	$1.7M	—	as long as short
Variational Omni AERO	+0.0100%	4h	0.6839	−0.081%	$2.0M	$1.2M	—	as long as short
Extended AERO-USD	+0.0104%	1h	0.6845	−0.003%	$206K	$1.4M	10x	as long as short
Aevo AERO-PERP	+0.0104%	1h	0.6842	−0.039%	$46K	—	3x	as long as short
Reya AERORUSDPERP	+0.0228%	1h	0.6841	−0.051%	$19K	$4K	15x	as long as short
Backpack AERO_USDC_PERP	+0.0333%	1h	0.6849	+0.059%	$93K	$260K	15x	as long as short
BloFin AERO-USDT	+0.0340%	4h	0.6827	−0.261%	$935K	$587K	25x	as long as short
01 Exchange AEROUSD	+0.0352%	1h	0.6849	+0.063%	$186	$101	3x	as long as short
RISEx AERO/USDC	+0.0382%	1h	0.6844	−0.010%	$197K	$474K	3x	as long as short
Lighter AERO	+0.0456%	1h	0.6858	+0.190%	$1.3M	$506K	3x	as long as short
GMX AERO/USD [ETH-USDC]	L +0.0505% / S −0.0237%	1h	0.6841	−0.054%	$89K	—	100x	as long as short
Coinbase International AERO-PERP-INTXshort	+0.1984%	1h	0.6443	−5.871%	$84K	$32K	25x