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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.6556%/8h= +717.9% APRpaid last 24h +0.686%
Price spread now: Coinbase International against Binance+0.188%7-day average · 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 7 days+4.589%+$459 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$197 a day on $10k at the current rate, and Coinbase International is 0.188% dearer against Binance than usual: you sell high and buy low: +$19 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 4.589% in total (about 239.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance AEROUSDT0.69190.0100pay 0.0050% / 4h19m 04s$26.3M$24.8M75x
ShortCoinbase International AERO-PERP-INTX0.69320.6656get 0.0832% / 1h19m 04s$90K$35K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Binance. 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
$1,376.76
Price spread: +0.188% → 0.000%
$18.79
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$1,375.55
Costs to cover
0.200%
Break-even
0.0 days
Slippage unknown: Binance: live order book, 7 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 7 min ago1.45 bp13.9 bp −$1433.3 bp −$333doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective AERO/USDC PERP+0.0033%1h0.6902−0.246%$4$209K5.5xas long as short
Hyperliquid AERO+0.0100%1h0.6918−0.012%$23.1M$5.1M3xas long as short
Aster AEROUSDT+0.0100%4h0.69190.000%$40K$118K10xas long as short
Binance AEROUSDTlong+0.0100%4h0.6919long leg$26.3M$24.8M75x
Bybit AEROUSDT+0.0100%4h0.6914−0.072%$22.4M$18.1M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6920+0.014%$2.3M$5.9M20xas long as short
Gate AERO_USDT+0.0100%4h0.6914−0.072%$1.6M$464K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6921+0.029%$8.3M$1.5M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6920+0.014%$2.1M$929K50xas long as short
Bitget AEROUSDT+0.0100%4h0.6914−0.072%$4.1M$1.8M75xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AERO-USDT+0.0100%4h0.6914−0.072%$1.7Mas long as short
Variational Omni AERO+0.0100%4h0.6906−0.185%$2.0M$1.2Mas long as short
Extended AERO-USD+0.0104%1h0.6914−0.066%$209K$2.0M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6914−0.078%$46K3xas long as short
Reya AERORUSDPERP+0.0228%1h0.6916−0.039%$19K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.6913−0.087%$948K$583K25xas long as short
Deribit AERO_USDC-PERPETUAL+0.0473%1h0.69190.000%$55K$11K10xas long as short
01 Exchange AEROUSD+0.0488%1h0.6929+0.145%$188$1013xas long as short
GMX AERO/USD [ETH-USDC]L +0.0508% / S −0.0237%1h0.6913−0.090%$90K100xas long as short
RISEx AERO/USDC+0.0677%1h0.6921+0.022%$230K$447K3xas long as short
Lighter AERO+0.0872%1h0.6931+0.166%$1.3M$487K3xas long as short
Backpack AERO_USDC_PERP+0.0948%1h0.6923+0.055%$115K$291K15xas long as short
Coinbase International AERO-PERP-INTXshort+0.6656%1h0.6932+0.188%$90K$35K25x