Funding arb · Price arb /

AERO

all AERO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0128%/8h= +14.0% APRpaid last 24h +0.051%

Price spread now: Reya against BingX−0.026%7-day average — · you buy dearer than you sell

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

Long on BingX Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.026% cheaper against BingX than usual: you would sell low and buy high (spread −0.026% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 16 hours of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX AERO-USDT	0.6976	0.0100	pay 0.0050% / 4h	3h 26m	—	$1.8M	—
Short	Reya AERORUSDPERP	0.6974	0.0228	get 0.0029% / 1h	26m 40s	$20K	$4K	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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

Position, each leg$Hold fordaysFee BingXbpFee ReyabpOrdersPrice spread, now −0.026%Rate

Funding earned: $26.92
Price spread: −0.026% → 0.000%: −$2.6
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: $8.32
Costs to cover: 0.160%
Break-even: 4.8 days

Slippage unknown: BingX: live order book, 6 min ago; Reya: 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 BingX live order book, 6 min ago	2.15 bp	15.0 bp −$15	22.7 bp −$227	253.4 bp −$25.3K	735.7 bp −$367.9K
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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
Injective AERO/USDC PERP	+0.0033%	1h	0.6902	−1.061%	$4	$209K	5.5x	as long as short
Deribit AERO_USDC-PERPETUAL	+0.0037%	1h	0.6974	−0.029%	$55K	$11K	10x	as long as short
Aster AEROUSDT	+0.0100%	4h	0.6975	−0.014%	$40K	$113K	10x	as long as short
Binance AEROUSDT	+0.0100%	4h	0.6979	+0.050%	$26.5M	$26.5M	75x	as long as short
Bybit AEROUSDT	+0.0100%	4h	0.6975	−0.014%	$22.5M	$20.9M	25x	as long as short
OKX AERO-USDT-SWAP	+0.0100%	4h	0.6981	+0.072%	$2.3M	$6.9M	20x	as long as short
Gate AERO_USDT	+0.0100%	4h	0.6973	−0.043%	$1.6M	$494K	75x	as long as short
MEXC AERO_USDT	+0.0100%	4h	0.6977	+0.014%	$8.3M	$1.7M	100x	as long as short
KuCoin AEROUSDTM	+0.0100%	4h	0.6979	+0.043%	$2.2M	$937K	50x	as long as short
Bitget AEROUSDT	+0.0100%	4h	0.6977	+0.014%	$4.1M	$2.2M	75x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX AERO-USDTlong	+0.0100%	4h	0.6976	long leg	—	$1.8M	—
Variational Omni AERO	+0.0100%	4h	0.6980	+0.056%	$2.0M	$1.7M	—	as long as short
Extended AERO-USD	+0.0104%	1h	0.6974	−0.025%	$216K	$2.0M	10x	as long as short
Aevo AERO-PERP	+0.0104%	1h	0.6972	−0.057%	$47K	—	3x	as long as short
Reya AERORUSDPERPshort	+0.0228%	1h	0.6974	−0.026%	$20K	$4K	15x
BloFin AERO-USDT	+0.0340%	4h	0.6968	−0.115%	$946K	$735K	25x	as long as short
01 Exchange AEROUSD	+0.0480%	1h	0.6983	+0.096%	$189	$111	3x	as long as short
GMX AERO/USD [ETH-USDC]	L +0.0510% / S −0.0240%	1h	0.6970	−0.082%	$92K	—	100x	as long as short
RISEx AERO/USDC	+0.0687%	1h	0.6976	+0.005%	$221K	$394K	3x	as long as short
Hyperliquid AERO	+0.0752%	1h	0.6991	+0.212%	$23.5M	$5.3M	3x	as long as short
Backpack AERO_USDC_PERP	+0.1409%	1h	0.6984	+0.120%	$134K	$315K	15x	as long as short
Lighter AERO	+0.1616%	1h	0.6997	+0.295%	$1.3M	$459K	3x	as long as short
Coinbase International AERO-PERP-INTX	+0.3896%	1h	0.6965	−0.158%	$92K	$35K	25x	as long as short