Funding arb · Price arb /

AERO

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0403%/8h= +44.2% APRpaid last 24h +0.096%

Price spread now: RISEx against Bitget+0.024%7-day average +0.057% · 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−$46as in the Price arb table

costs, in and out, $10k−$430.431% of the position

Long on Bitget Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.493%+$49 on $10k

Price spread, last 4 days (all we have)+0.032%+$3 · spread now +0.024%, 7d avg +0.057%

Together, before fees+0.525%+$53 on $10k · with fees, hour by hour

Funding pays, the price is against you. RISEx is 0.033% cheaper against Bitget than usual: you would sell low and buy high (spread +0.024% now, against its 7-day average of +0.057%). If the spread goes back, that is −$3 on $10k: about 7 hours of funding at the current rate (+$12 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget AEROUSDT	0.6920	0.0100	pay 0.0050% / 4h	3h 41m	$4.1M	$1.9M	75x
Short	RISEx AERO/USDC	0.6922	0.0503	get 0.0063% / 1h	41m 13s	$223K	$559K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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

Position, each leg$Hold fordaysFee BitgetbpFee RISExbpOrdersPrice spread, now +0.024%Rate

Funding earned: $84.73
Price spread: +0.024% → +0.057%: −$3.3
Slippage, 4 orders: −$25.12
Fee Bitget: 6 bp × 2 orders: −$12
Fee RISEx: 3 bp × 2 orders: −$6
Net: $38.31
Costs to cover: 0.431%
Break-even: 3.8 days

Slippage from Bitget: live order book, 2 min ago; RISEx: live order book, 57 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 Bitget live order book, 2 min ago	2.16 bp	19.2 bp −$19	40.5 bp −$405	doesn't fit	doesn't fit
Sell RISEx live order book, 57 min ago	1.02 bp	4.8 bp −$5	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
Coinbase International AERO-PERP-INTX	−0.0280%	1h	0.6933	+0.188%	$88K	$39K	25x	as long as short
Injective AERO/USDC PERP	+0.0033%	1h	0.6902	−0.260%	$4	$209K	5.5x	as long as short
Aster AEROUSDT	+0.0100%	4h	0.6927	+0.107%	$42K	$127K	10x	as long as short
Binance AEROUSDT	+0.0100%	4h	0.6919	−0.012%	$26.0M	$25.0M	75x	as long as short
Bybit AEROUSDT	+0.0100%	4h	0.6920	0.000%	$22.6M	$17.9M	25x	as long as short
OKX AERO-USDT-SWAP	+0.0100%	4h	0.6926	+0.087%	$2.3M	$5.8M	20x	as long as short
Gate AERO_USDT	+0.0100%	4h	0.6921	+0.014%	$1.6M	$466K	75x	as long as short
MEXC AERO_USDT	+0.0100%	4h	0.6922	+0.029%	$8.5M	$1.4M	100x	as long as short
KuCoin AEROUSDTM	+0.0100%	4h	0.6925	+0.072%	$2.0M	$1.1M	50x	as long as short
Bitget AEROUSDTlong	+0.0100%	4h	0.6920	long leg	$4.1M	$1.9M	75x

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX AERO-USDT	+0.0100%	4h	0.6925	+0.072%	—	$1.8M	—	as long as short
Variational Omni AERO	+0.0100%	4h	0.6918	−0.024%	$2.0M	$1.2M	—	as long as short
Extended AERO-USD	+0.0104%	1h	0.6920	0.000%	$210K	$1.4M	10x	as long as short
Aevo AERO-PERP	+0.0104%	1h	0.6917	−0.036%	$46K	—	3x	as long as short
Reya AERORUSDPERP	+0.0228%	1h	0.6921	+0.020%	$19K	$4K	15x	as long as short
BloFin AERO-USDT	+0.0340%	4h	0.6921	+0.014%	$943K	$573K	25x	as long as short
Deribit AERO_USDC-PERPETUAL	+0.0473%	1h	0.6922	+0.029%	$55K	$11K	10x	as long as short
RISEx AERO/USDCshort	+0.0503%	1h	0.6922	+0.024%	$223K	$559K	3x
GMX AERO/USD [ETH-USDC]	L +0.0519% / S −0.0255%	1h	0.6923	+0.048%	$90K	—	100x	as long as short
01 Exchange AEROUSD	+0.0816%	1h	0.6934	+0.204%	$188	$101	3x	as long as short
Backpack AERO_USDC_PERP	+0.0867%	1h	0.6932	+0.166%	$96K	$262K	15x	as long as short
Hyperliquid AERO	+0.0926%	1h	0.6933	+0.194%	$22.9M	$5.4M	3x	as long as short
Lighter AERO	+0.1568%	1h	0.6936	+0.228%	$1.3M	$386K	3x	as long as short