AERO

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0338%/8h= −37.0% APRnext payment −$0.42 per $10,000 · paid last 24h −0.083%

Price spread now: 01 Exchange against Backpack+0.228%7-day average — · you sell dearer than you buy

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

Long on Backpack Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread pays, funding is against you. 01 Exchange is 0.228% dearer against Backpack than usual: you sell high and buy low (spread +0.228% now, against zero (this spread has no 7-day history yet)): +$23 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 2.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack AERO_USDC_PERP	0.6883	0.0746	pay 0.0093% / 1h	57m 47s	$94K	$260K	15x
Short	01 Exchange AEROUSD	0.6898	0.0408	get 0.0051% / 1h	57m 47s	$187	$101	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Backpack. 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 BackpackbpFee 01 ExchangebpOrdersPrice spread, now +0.228%Rate

Funding earned: −$70.98
Price spread: +0.228% → 0.000%: $22.81
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$65.16
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: Backpack: live order book, 51 min ago; 01 Exchange: 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 Backpack live order book, 51 min ago	0.07 bp	5.4 bp −$5	doesn't fit	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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
Coinbase International AERO-PERP-INTX	−0.1896%	1h	0.6901	+0.269%	$89K	$35K	25x	as long as short
Deribit AERO_USDC-PERPETUAL	0.0000%	1h	0.6877	−0.080%	$55K	$11K	10x	as long as short
Injective AERO/USDC PERP	+0.0033%	1h	0.6902	+0.283%	$4	$209K	5.5x	as long as short
Aster AEROUSDT	+0.0100%	4h	0.6886	+0.053%	$42K	$125K	10x	as long as short
Binance AEROUSDT	+0.0100%	4h	0.6881	−0.027%	$26.0M	$25.3M	75x	as long as short
Bybit AEROUSDT	+0.0100%	4h	0.6881	−0.022%	$22.4M	$18.2M	25x	as long as short
OKX AERO-USDT-SWAP	+0.0100%	4h	0.6888	+0.080%	$2.3M	$5.9M	20x	as long as short
Gate AERO_USDT	+0.0100%	4h	0.6886	+0.051%	$1.6M	$471K	75x	as long as short
MEXC AERO_USDT	+0.0100%	4h	0.6882	−0.007%	$8.4M	$1.4M	100x	as long as short
KuCoin AEROUSDTM	+0.0100%	4h	0.6892	+0.138%	$2.0M	$1.1M	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	0.6878	−0.065%	$4.0M	$1.8M	75x	as long as short
BingX AERO-USDT	+0.0100%	4h	0.6885	+0.036%	—	$1.8M	—	as long as short
Variational Omni AERO	+0.0100%	4h	0.6897	+0.214%	$2.0M	$1.2M	—	as long as short
Extended AERO-USD	+0.0104%	1h	0.6879	−0.058%	$204K	$1.4M	10x	as long as short
Aevo AERO-PERP	+0.0104%	1h	0.6876	−0.087%	$46K	—	3x	as long as short
Hyperliquid AERO	+0.0190%	1h	0.6889	+0.094%	$22.7M	$5.3M	3x	as long as short
Reya AERORUSDPERP	+0.0228%	1h	0.6886	+0.049%	$19K	$4K	15x	as long as short
BloFin AERO-USDT	+0.0340%	4h	0.6883	+0.007%	$934K	$597K	25x	as long as short
01 Exchange AEROUSDshort	+0.0408%	1h	0.6898	+0.228%	$187	$101	3x
RISEx AERO/USDC	+0.0491%	1h	0.6892	+0.143%	$208K	$514K	3x	as long as short
GMX AERO/USD [ETH-USDC]	L +0.0507% / S −0.0246%	1h	0.6878	−0.060%	$88K	—	100x	as long as short
Backpack AERO_USDC_PERPlong	+0.0746%	1h	0.6883	long leg	$94K	$260K	15x
Lighter AERO	+0.1040%	1h	0.6891	+0.128%	$1.3M	$498K	3x	as long as short