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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0240%/8h= −26.3% APRnext payment $1.20 per $10,000 · paid last 24h −0.063%
Price spread now: Gate against BloFin−0.101%48s7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$840.844% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.176%−$18 on $10k
Price spread, last 4 days (all we have)−0.615%−$62 · spread now −0.101%, 7d avg −0.020%
Together, before fees−0.791%−$79 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Gate is 0.082% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.020%). Swap the legs. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin AERO-USDT0.69140.0340pay 0.0170% / 4h3h 32m$945K$565K25x
ShortGate AERO_USDT0.69070.0100get 0.0050% / 4h3h 32m$1.6M$467K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against BloFin. 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
−$50.4
Price spread: −0.101% → −0.020%
−$8.16
Slippage, 4 orders
−$57.4
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$142.96
Costs to cover
0.844%
Break-even
never at this rate
Slippage from BloFin: live order book, 45 min ago; Gate: live order book, 5 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 BloFin live order book, 45 min ago2.90 bp10.1 bp −$1022.8 bp −$228111.8 bp −$11.2Kdoesn't fit
Sell Gate live order book, 5 min ago2.88 bp33.6 bp −$34225.9 bp −$2,259doesn'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%1h0.6919+0.072%$88K$39K25xas long as short
Injective AERO/USDC PERP+0.0033%1h0.6902−0.174%$4$209K5.5xas long as short
Aster AEROUSDT+0.0100%4h0.6910−0.064%$42K$127K10xas long as short
Binance AEROUSDT+0.0100%4h0.6906−0.118%$26.0M$25.0M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6903−0.159%$22.6M$18.0M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6911−0.043%$2.3M$5.8M20xas long as short
Gate AERO_USDTshort+0.0100%4h0.6907−0.101%$1.6M$467K75x
MEXC AERO_USDT+0.0100%4h0.6906−0.116%$8.4M$1.4M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6911−0.043%$2.0M$1.1M50xas long as short
Bitget AEROUSDT+0.0100%4h0.6905−0.130%$4.1M$1.9M75xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AERO-USDT+0.0100%4h0.6909−0.072%$1.8Mas long as short
Variational Omni AERO+0.0100%4h0.6936+0.316%$2.0M$1.2Mas long as short
Extended AERO-USD+0.0104%1h0.6906−0.116%$210K$1.4M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6930+0.237%$47K3xas long as short
Deribit AERO_USDC-PERPETUAL+0.0185%1h0.6907−0.101%$55K$11K10xas long as short
Reya AERORUSDPERP+0.0228%1h0.6907−0.103%$19K$4K15xas long as short
BloFin AERO-USDTlong+0.0340%4h0.6914long leg$945K$565K25x
RISEx AERO/USDC+0.0503%1h0.6909−0.065%$210K$565K3xas long as short
GMX AERO/USD [ETH-USDC]L +0.0519% / S −0.0255%1h0.6903−0.160%$90K100xas long as short
01 Exchange AEROUSD+0.0768%1h0.6917+0.051%$187$1013xas long as short
Backpack AERO_USDC_PERP+0.0826%1h0.6920+0.085%$94K$262K15xas long as short
Hyperliquid AERO+0.0889%1h0.6921+0.094%$22.8M$5.4M3xas long as short
Lighter AERO+0.1504%1h0.6921+0.100%$1.3M$386K3xas long as short