Funding arb · Price arb /

AERO

all AERO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0463%/8h= +50.6% APRpaid last 24h +0.073%

Price spread now: RISEx against BingX+0.252%7-day average +0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$15as in the Price arb table

costs, in and out, $10k−$390.386% of the position

Long on BingX Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.445%+$44 on $10k

Price spread, last 4 days (all we have)−0.136%−$14 · spread now +0.252%, 7d avg +0.020%

Together, before fees+0.309%+$31 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and RISEx is 0.232% dearer against BingX than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.020%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX AERO-USDT	0.7023	0.0100	pay 0.0050% / 4h	44m 33s	—	$1.8M	—
Short	RISEx AERO/USDC	0.7041	0.0563	get 0.0070% / 1h	44m 33s	$254K	$386K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.252%Rate

Funding earned: $97.13
Price spread: +0.252% → +0.020%: $23.22
Slippage, 4 orders: −$22.56
Fee BingX: 5 bp × 2 orders: −$10
Fee RISEx: 3 bp × 2 orders: −$6
Net: $81.8
Costs to cover: 0.386%
Break-even: 1.1 days

Slippage from BingX: live order book, 3 min ago; RISEx: live order book, 34 min ago.

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, 3 min ago	2.86 bp	13.7 bp −$14	22.6 bp −$226	198.4 bp −$19.8K	601.3 bp −$300.7K
Sell RISEx live order book, 34 min ago	0.65 bp	3.7 bp −$4	doesn't fit	doesn't fit	doesn't fit

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	−1.723%	$4	$209K	5.5x	as long as short
Aster AEROUSDT	+0.0100%	4h	0.7030	+0.093%	$40K	$112K	10x	as long as short
Binance AEROUSDT	+0.0100%	4h	0.7047	+0.346%	$26.4M	$26.0M	75x	as long as short
Bybit AEROUSDT	+0.0100%	4h	0.7046	+0.327%	$22.6M	$21.3M	25x	as long as short
OKX AERO-USDT-SWAP	+0.0100%	4h	0.7051	+0.399%	$2.3M	$7.0M	20x	as long as short
Gate AERO_USDT	+0.0100%	4h	0.7022	−0.014%	$1.6M	$527K	75x	as long as short
MEXC AERO_USDT	+0.0100%	4h	0.7027	+0.057%	$8.4M	$1.7M	100x	as long as short
KuCoin AEROUSDTM	+0.0100%	4h	0.7025	+0.028%	$2.2M	$923K	50x	as long as short
Bitget AEROUSDT	+0.0100%	4h	0.7027	+0.057%	$4.1M	$2.2M	75x	as long as short
BingX AERO-USDTlong	+0.0100%	4h	0.7023	long leg	—	$1.8M	—

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni AERO	+0.0100%	4h	0.7005	−0.262%	$2.0M	$1.7M	—	as long as short
Extended AERO-USD	+0.0104%	1h	0.7026	+0.046%	$217K	$1.3M	10x	as long as short
Aevo AERO-PERP	+0.0104%	1h	0.7031	+0.108%	$47K	—	3x	as long as short
Reya AERORUSDPERP	+0.0228%	1h	0.7031	+0.112%	$20K	$4K	15x	as long as short
Deribit AERO_USDC-PERPETUAL	+0.0319%	1h	0.7030	+0.100%	$56K	$11K	10x	as long as short
BloFin AERO-USDT	+0.0340%	4h	0.7027	+0.057%	$930K	$722K	25x	as long as short
GMX AERO/USD [ETH-USDC]	L +0.0512% / S −0.0250%	1h	0.7025	+0.033%	$91K	—	100x	as long as short
Coinbase International AERO-PERP-INTX	+0.0520%	1h	0.6611	−5.866%	$88K	$31K	25x	as long as short
RISEx AERO/USDCshort	+0.0563%	1h	0.7041	+0.252%	$254K	$386K	3x
Hyperliquid AERO	+0.0607%	1h	0.7038	+0.218%	$23.6M	$5.4M	3x	as long as short
01 Exchange AEROUSD	+0.0792%	1h	0.7048	+0.353%	$191	$111	3x	as long as short
Backpack AERO_USDC_PERP	+0.1120%	1h	0.7041	+0.252%	$104K	$315K	15x	as long as short
Lighter AERO	+0.1896%	1h	0.7043	+0.281%	$1.3M	$459K	3x	as long as short