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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.024%
Price spread now: Hyperliquid against Aster+0.011%7-day average +0.081% · you sell dearer than you buy
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 5 days (all we have)+0.273%+$27 on $10k
Price spread, last 4 days (all we have)+0.165%+$17 · spread now +0.011%, 7d avg +0.081%
Together, before fees+0.439%+ Points / potential airdropAster: Stage 5 · Hyperliquid: Season 2 · farm board+$44 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.070% cheaper against Aster than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.081%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster AEROUSDT0.69040.0100pay 0.0050% / 4h1h 38m$39K$110K10x
ShortHyperliquid AERO0.69050.0100get 0.0013% / 1h38m 46s$23.2M$5.7M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Funding earned
$0
Price spread: +0.011% → +0.081%
−$7.01
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$24.01
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 42 min ago; Hyperliquid: live order book, 4 min ago. 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 Aster live order book, 42 min ago2.17 bp16.4 bp −$16doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 4 min ago1.45 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

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−0.0185%1h0.6896−0.112%$55K$11K10xas long as short
Hyperliquid AEROshort+0.0100%1h0.6905+0.011%$23.2M$5.7M3x
Aster AEROUSDTlong+0.0100%4h0.6904long leg$39K$110K10x
Binance AEROUSDT+0.0100%4h0.6901−0.039%$25.6M$25.6M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6898−0.083%$21.9M$20.6M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6904+0.004%$2.3M$6.9M20xas long as short
Gate AERO_USDT+0.0100%4h0.6902−0.025%$1.6M$528K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6901−0.039%$8.2M$1.7M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6902−0.025%$2.1M$876K50xas long as short
Bitget AEROUSDT+0.0100%4h0.6902−0.025%$4.1M$2.2M75xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AERO-USDT+0.0100%4h0.6901−0.039%$1.8Mas long as short
Variational Omni AERO+0.0100%4h0.6908+0.065%$1.9M$1.6Mas long as short
Extended AERO-USD+0.0104%1h0.6899−0.075%$202K$1.3M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6900−0.061%$46K3xas long as short
Injective AERO/USDC PERP+0.0175%1h0.6902−0.025%$4$209K5.5xas long as short
Reya AERORUSDPERP+0.0228%1h0.6897−0.101%$19K$4K15xas long as short
01 Exchange AEROUSD+0.0240%1h0.6900−0.054%$187$1153xas long as short
BloFin AERO-USDT+0.0340%4h0.6898−0.083%$911K$698K25xas long as short
GMX AERO/USD [ETH-USDC]L +0.0502% / S −0.0223%1h0.6896−0.107%$92K100xas long as short
Backpack AERO_USDC_PERP+0.0524%1h0.6903−0.007%$102K$314K15xas long as short
RISEx AERO/USDC+0.0676%1h0.6900−0.050%$214K$375K3xas long as short
Coinbase International AERO-PERP-INTX+0.0736%1h0.6915+0.163%$92K$32K25xas long as short
Lighter AERO+0.0936%1h0.6918+0.203%$1.3M$464K3xas long as short