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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0103%/8h= −11.3% APRpaid last 24h +0.011%
Price spread now: GMX against BloFin+0.289%51s7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. GMX is 0.289% dearer against BloFin than usual: you sell high and buy low (spread +0.289% now, against zero (this spread has no 7-day history yet)): +$29 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 9.3 days. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin AERO-USDT0.68570.0340pay 0.0170% / 4h39m 35s$939K$580K25x
ShortGMX AERO/USD [ETH-USDC]0.6877L +0.0506% / S −0.0237%get 0.0030% / 1h39m 35s$90K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
−$21.68
Price spread: +0.289% → 0.000%
$28.86
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee GMX: 6 bp × 2 orders
−$12
Net
−$16.82
Costs to cover
0.240%
Break-even
from the start
Slippage unknown: BloFin: live order book, 63 min ago; GMX: 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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 63 min ago2.90 bp12.3 bp −$1232.2 bp −$322doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective AERO/USDC PERP+0.0033%1h0.6902+0.656%$4$209K5.5xas long as short
Hyperliquid AERO+0.0100%1h0.6883+0.381%$23.1M$5.0M3xas long as short
Aster AEROUSDT+0.0100%4h0.6883+0.379%$40K$116K10xas long as short
Binance AEROUSDT+0.0100%4h0.6878+0.308%$26.1M$24.8M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6875+0.263%$22.3M$18.2M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6875+0.263%$2.3M$5.8M20xas long as short
Gate AERO_USDT+0.0100%4h0.6877+0.292%$1.6M$460K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6878+0.306%$8.2M$1.5M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6880+0.335%$2.1M$929K50xas long as short
Bitget AEROUSDT+0.0100%4h0.6879+0.321%$4.0M$1.8M75xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AERO-USDT+0.0100%4h0.6878+0.306%$1.7Mas long as short
Variational Omni AERO+0.0100%4h0.6870+0.193%$2.0M$1.2Mas long as short
Extended AERO-USD+0.0104%1h0.6872+0.222%$208K$2.0M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6882+0.368%$46K3xas long as short
Deribit AERO_USDC-PERPETUAL+0.0186%1h0.6879+0.321%$55K$11K10xas long as short
Reya AERORUSDPERP+0.0228%1h0.6880+0.336%$19K$4K15xas long as short
BloFin AERO-USDTlong+0.0340%4h0.6857long leg$939K$580K25x
01 Exchange AEROUSD+0.0344%1h0.6880+0.333%$186$1013xas long as short
GMX AERO/USD [ETH-USDC]shortL +0.0506% / S −0.0237%1h0.6877+0.289%$90K100x
RISEx AERO/USDC+0.0677%1h0.6876+0.276%$209K$438K3xas long as short
Lighter AERO+0.0760%1h0.6893+0.529%$1.3M$484K3xas long as short
Backpack AERO_USDC_PERP+0.0855%1h0.6885+0.403%$113K$292K15xas long as short
Coinbase International AERO-PERP-INTX+0.6656%1h0.6869+0.175%$90K$35K25xas long as short