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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.031%
Price spread now: Hyperliquid against Bybit+0.112%7-day average +0.102% · 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 7 days+0.273%+$27 on $10k
Price spread, last 7 days−0.129%−$13 · spread now +0.112%, 7d avg +0.102%
Together, before fees+0.144%+ Points / potential airdropHyperliquid: Season 2 · farm board+$14 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit AEROUSDT0.69040.0100pay 0.0050% / 4h1h 35m$22.5M$18.9M25x
ShortHyperliquid AERO0.69120.0100get 0.0013% / 1h35m 27s$23.2M$5.1M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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: +0.112% → +0.102%
$0.97
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$19.03
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 3 min ago; Hyperliquid: live order book, 8 min ago. 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 Bybit live order book, 3 min ago0.73 bp12.1 bp −$1236.4 bp −$364doesn't fitdoesn't fit
Sell Hyperliquid live order book, 8 min ago1.16 bpdoesn't fitdoesn't fitdoesn'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
Injective AERO/USDC PERP+0.0033%1h0.6902−0.029%$4$209K5.5xas long as short
Deribit AERO_USDC-PERPETUAL+0.0040%1h0.69040.000%$55K$11K10xas long as short
Hyperliquid AEROshort+0.0100%1h0.6912+0.112%$23.2M$5.1M3x
Aster AEROUSDT+0.0100%4h0.6898−0.087%$39K$117K10xas long as short
Binance AEROUSDT+0.0100%4h0.6904+0.001%$26.2M$25.2M75xas long as short
Bybit AEROUSDTlong+0.0100%4h0.6904long leg$22.5M$18.9M25x
OKX AERO-USDT-SWAP+0.0100%4h0.6906+0.029%$2.3M$6.3M20xas long as short
Gate AERO_USDT+0.0100%4h0.6894−0.145%$1.6M$483K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6902−0.029%$8.2M$1.6M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6894−0.145%$2.1M$938K50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AEROUSDT+0.0100%4h0.6900−0.058%$4.1M$1.9M75xas long as short
BingX AERO-USDT+0.0100%4h0.6902−0.029%$1.7Mas long as short
Variational Omni AERO+0.0100%4h0.6896−0.114%$2.0M$1.3Mas long as short
Extended AERO-USD+0.0104%1h0.6898−0.085%$206K$2.0M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6899−0.071%$46K3xas long as short
Reya AERORUSDPERP+0.0228%1h0.6903−0.017%$19K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.6886−0.261%$938K$631K25xas long as short
01 Exchange AEROUSD+0.0408%1h0.6905+0.019%$187$1013xas long as short
GMX AERO/USD [ETH-USDC]L +0.0506% / S −0.0237%1h0.6902−0.031%$90K100xas long as short
RISEx AERO/USDC+0.0540%1h0.6902−0.035%$208K$405K3xas long as short
Backpack AERO_USDC_PERP+0.1036%1h0.6908+0.055%$113K$294K15xas long as short
Lighter AERO+0.1200%1h0.6914+0.145%$1.3M$498K3xas long as short
Coinbase International AERO-PERP-INTX+1.0840%1h0.6899−0.072%$90K$36K25xas long as short