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

AERO

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Bybit+0.039%7-day average −0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$510.507% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.030%+$3 on $10k
Price spread, last 7 days−0.133%−$13 · spread now +0.039%, 7d avg −0.057%
Together, before fees−0.103%+ Points / potential airdropExtended: Active · farm board−$10 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: Extended is 0.096% dearer against Bybit than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.057%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit AEROUSDT0.67890.0100pay 0.0050% / 4h2h 29m$22.0M$18.1M25x
ShortExtended AERO-USD0.67920.0104get 0.0013% / 1h29m 54s$200K$1.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: +0.039% → −0.057%
$9.62
Slippage, 4 orders
−$34.74
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$40.28
Costs to cover
0.507%
Break-even
342.7 days
Slippage from Bybit: live order book, 4 min ago; Extended: live order book, 3 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, 4 min ago1.47 bp10.7 bp −$1133.3 bp −$333doesn't fitdoesn't fit
Sell Extended live order book, 3 min ago2.06 bp15.8 bp −$16138.7 bp −$1,387doesn'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
Deribit AERO_USDC-PERPETUAL0.0000%1h0.6790+0.015%$54K$11K10xas long as short
Injective AERO/USDC PERP+0.0033%1h0.6902+1.664%$4$209K5.5xas long as short
Hyperliquid AERO+0.0100%1h0.6796+0.103%$22.5M$5.3M3xas long as short
Aster AEROUSDT+0.0100%4h0.6790+0.014%$39K$124K10xas long as short
Binance AEROUSDT+0.0100%4h0.6796+0.096%$25.6M$25.1M75xas long as short
Bybit AEROUSDTlong+0.0100%4h0.6789long leg$22.0M$18.1M25x
OKX AERO-USDT-SWAP+0.0100%4h0.6795+0.088%$2.2M$5.8M20xas long as short
Gate AERO_USDT+0.0100%4h0.6785−0.059%$1.6M$473K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6795+0.088%$8.3M$1.6M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6787−0.029%$2.0M$1.1M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AEROUSDT+0.0100%4h0.6788−0.015%$3.9M$1.8M75xas long as short
BingX AERO-USDT+0.0100%4h0.67890.000%$1.8Mas long as short
Variational Omni AERO+0.0100%4h0.6783−0.082%$1.9M$1.2Mas long as short
Extended AERO-USDshort+0.0104%1h0.6792+0.039%$200K$1.4M10x
Aevo AERO-PERP+0.0104%1h0.6786−0.042%$46K3xas long as short
Reya AERORUSDPERP+0.0228%1h0.6790+0.011%$19K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.6794+0.074%$930K$588K25xas long as short
01 Exchange AEROUSD+0.0352%1h0.6792+0.046%$184$1013xas long as short
Backpack AERO_USDC_PERP+0.0362%1h0.6797+0.125%$93K$260K15xas long as short
RISEx AERO/USDC+0.0382%1h0.6788−0.014%$196K$489K3xas long as short
Lighter AERO+0.0424%1h0.6804+0.222%$1.3M$507K3xas long as short
GMX AERO/USD [ETH-USDC]L +0.0504% / S −0.0237%1h0.6787−0.031%$88K100xas long as short
Coinbase International AERO-PERP-INTX+0.1984%1h0.6801+0.177%$88K$34K25xas long as short