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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0804%/8h= +88.1% APRpaid last 24h +0.035%
Price spread now: Hyperliquid against Bitget+0.196%7-day average +0.129% · 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+0.232%+$23 on $10k
Price spread, last 7 days−0.120%−$12 · spread now +0.196%, 7d avg +0.129%
Together, before fees+0.112%+ Points / potential airdropHyperliquid: Season 2 · farm board+$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and Hyperliquid is 0.067% dearer against Bitget than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.129%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.232% in total (about 12.1% 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
LongBitget AEROUSDT0.69760.0100pay 0.0050% / 4h3h 22m$4.1M$1.9M75x
ShortHyperliquid AERO0.69900.0904get 0.0113% / 1h22m 27s$23.1M$5.4M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Bitget. 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
$168.94
Price spread: +0.196% → +0.129%
$6.69
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$154.64
Costs to cover
0.210%
Break-even
0.6 days
Slippage unknown: Bitget: live order book, 5 min ago; Hyperliquid: live order book, 11 min ago. 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 Bitget live order book, 5 min ago2.90 bp17.0 bp −$1736.4 bp −$364doesn't fitdoesn't fit
Sell Hyperliquid live order book, 11 min ago1.30 bpdoesn't fitdoesn't fitdoesn'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
Coinbase International AERO-PERP-INTX−0.0280%1h0.6950−0.373%$88K$39K25xas long as short
Injective AERO/USDC PERP+0.0033%1h0.6902−1.061%$4$209K5.5xas long as short
Aster AEROUSDT+0.0100%4h0.6962−0.194%$42K$127K10xas long as short
Binance AEROUSDT+0.0100%4h0.6971−0.071%$26.2M$24.9M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6968−0.115%$22.8M$17.9M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6986+0.143%$2.3M$5.8M20xas long as short
Gate AERO_USDT+0.0100%4h0.6949−0.387%$1.6M$468K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6951−0.358%$8.5M$1.4M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6954−0.315%$2.0M$1.2M50xas long as short
Bitget AEROUSDTlong+0.0100%4h0.6976long leg$4.1M$1.9M75x
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AERO-USDT+0.0100%4h0.6950−0.373%$1.8Mas long as short
Variational Omni AERO+0.0100%4h0.6889−1.245%$2.0M$1.2Mas long as short
Extended AERO-USD+0.0104%1h0.6950−0.370%$210K$1.4M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6944−0.454%$47K3xas long as short
Reya AERORUSDPERP+0.0228%1h0.6979+0.046%$20K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.6934−0.602%$954K$561K25xas long as short
RISEx AERO/USDC+0.0503%1h0.6968−0.113%$225K$585K3xas long as short
GMX AERO/USD [ETH-USDC]L +0.0520% / S −0.0255%1h0.6940−0.509%$91K100xas long as short
Deribit AERO_USDC-PERPETUAL+0.0614%1h0.6950−0.373%$55K$11K10xas long as short
01 Exchange AEROUSD+0.0704%1h0.6980+0.057%$189$1013xas long as short
Backpack AERO_USDC_PERP+0.0750%1h0.6952−0.347%$96K$262K15xas long as short
Hyperliquid AEROshort+0.0904%1h0.6990+0.196%$23.1M$5.4M3x
Lighter AERO+0.1448%1h0.6966−0.140%$1.3M$391K3xas long as short