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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Bybit+0.029%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$550.552% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.037%+$4 on $10k
Price spread, last 7 days−0.074%−$7 · spread now +0.029%, 7d avg −0.003%
Together, before fees−0.037%−$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.032% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit AEROUSDT0.69070.0100pay 0.0050% / 4h2h 45m$22.5M$19.6M25x
ShortBingX AERO-USDT0.69090.0100get 0.0050% / 4h2h 45m$1.8M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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
$0
Price spread: +0.029% → −0.003%
$3.23
Slippage, 4 orders
−$34.18
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$51.95
Costs to cover
0.552%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; BingX: live order book, 2 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 Bybit live order book, 3 min ago0.72 bp12.4 bp −$1234.2 bp −$342doesn't fitdoesn't fit
Sell BingX live order book, 2 min ago2.17 bp14.8 bp −$1524.4 bp −$244149.3 bp −$14.9K663.7 bp −$331.9K

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%1h0.6902−0.072%$4$209K5.5xas long as short
Deribit AERO_USDC-PERPETUAL+0.0039%1h0.6912+0.072%$55K$11K10xas long as short
Hyperliquid AERO+0.0100%1h0.6912+0.075%$23.3M$5.0M3xas long as short
Aster AEROUSDT+0.0100%4h0.6912+0.066%$41K$113K10xas long as short
Binance AEROUSDT+0.0100%4h0.6908+0.014%$26.2M$25.8M75xas long as short
Bybit AEROUSDTlong+0.0100%4h0.6907long leg$22.5M$19.6M25x
OKX AERO-USDT-SWAP+0.0100%4h0.6911+0.058%$2.3M$6.7M20xas long as short
Gate AERO_USDT+0.0100%4h0.6908+0.014%$1.6M$495K75xas long as short
MEXC AERO_USDT+0.0100%4h0.69070.000%$8.2M$1.7M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6918+0.159%$2.1M$929K50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AEROUSDT+0.0100%4h0.6911+0.058%$4.1M$2.0M75xas long as short
BingX AERO-USDTshort+0.0100%4h0.6909+0.029%$1.8M
Variational Omni AERO+0.0100%4h0.6913+0.093%$2.0M$1.3Mas long as short
Extended AERO-USD+0.0104%1h0.6906−0.012%$219K$2.0M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6910+0.045%$46K3xas long as short
Reya AERORUSDPERP+0.0228%1h0.6906−0.015%$19K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.6934+0.391%$949K$686K25xas long as short
01 Exchange AEROUSD+0.0416%1h0.6913+0.085%$187$1113xas long as short
GMX AERO/USD [ETH-USDC]L +0.0506% / S −0.0237%1h0.6910+0.048%$90K100xas long as short
Lighter AERO+0.0656%1h0.6919+0.180%$1.3M$473K3xas long as short
RISEx AERO/USDC+0.0660%1h0.6910+0.038%$208K$401K3xas long as short
Backpack AERO_USDC_PERP+0.1149%1h0.6921+0.200%$135K$268K15xas long as short
Coinbase International AERO-PERP-INTX+0.3256%1h0.7385+6.921%$97K$38K25xas long as short