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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against BingX−0.043%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$580.581% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.037%−$4 on $10k
Price spread, last 7 days+0.086%+$9 · spread now −0.043%, 7d avg +0.002%
Together, before fees+0.049%+$5 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: Bybit is 0.045% cheaper against BingX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX AERO-USDT0.69250.0100pay 0.0050% / 4h3h 50m$1.7M
ShortBybit AEROUSDT0.69220.0100get 0.0050% / 4h3h 50m$22.5M$18.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BingX. 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: −0.043% → +0.002%
−$4.53
Slippage, 4 orders
−$37.05
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$62.58
Costs to cover
0.581%
Break-even
never at this rate
Slippage from BingX: live order book, 8 min ago; Bybit: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 8 min ago2.16 bp14.8 bp −$1528.7 bp −$287342.7 bp −$34.3K747.1 bp −$373.6K
Sell Bybit live order book, 4 min ago0.72 bp12.8 bp −$1335.2 bp −$352doesn'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
Injective AERO/USDC PERP+0.0033%1h0.6902−0.332%$4$209K5.5xas long as short
Hyperliquid AERO+0.0100%1h0.6929+0.062%$23.1M$5.1M3xas long as short
Aster AEROUSDT+0.0100%4h0.6933+0.118%$40K$118K10xas long as short
Binance AEROUSDT+0.0100%4h0.6925−0.003%$26.3M$24.8M75xas long as short
Bybit AEROUSDTshort+0.0100%4h0.6922−0.043%$22.5M$18.0M25x
OKX AERO-USDT-SWAP+0.0100%4h0.6928+0.043%$2.3M$5.9M20xas long as short
Gate AERO_USDT+0.0100%4h0.6927+0.029%$1.6M$462K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6923−0.029%$8.3M$1.5M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6932+0.101%$2.1M$926K50xas long as short
Bitget AEROUSDT+0.0100%4h0.69250.000%$4.1M$1.8M75xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AERO-USDTlong+0.0100%4h0.6925long leg$1.7M
Variational Omni AERO+0.0100%4h0.6931+0.084%$2.0M$1.2Mas long as short
Extended AERO-USD+0.0104%1h0.6920−0.071%$211K$2.0M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6919−0.087%$46K3xas long as short
Deribit AERO_USDC-PERPETUAL+0.0184%1h0.6922−0.043%$55K$11K10xas long as short
Reya AERORUSDPERP+0.0228%1h0.6921−0.052%$19K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.6940+0.217%$945K$575K25xas long as short
GMX AERO/USD [ETH-USDC]L +0.0508% / S −0.0237%1h0.6918−0.105%$90K100xas long as short
01 Exchange AEROUSD+0.0584%1h0.6934+0.131%$188$1013xas long as short
RISEx AERO/USDC+0.0658%1h0.6927+0.027%$212K$451K3xas long as short
Lighter AERO+0.1064%1h0.6940+0.217%$1.3M$487K3xas long as short
Backpack AERO_USDC_PERP+0.1142%1h0.6932+0.104%$115K$272K15xas long as short
Coinbase International AERO-PERP-INTX+0.3376%1h0.7045+1.733%$92K$35K25xas long as short