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

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.2151%/8h= +235.5% APRnext payment +$2.69 per $10,000 · paid last 24h −0.684%
Price spread now: GMX against Coinbase International+5.981%7-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
Both sides work for this trade now. Funding pays +$65 a day on $10k at the current rate, and GMX is 5.981% dearer against Coinbase International than usual: you sell high and buy low: +$598 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International AERO-PERP-INTX0.6500−0.1896get 0.0237% / 1h59m 57s$83K$35K25x
ShortGMX AERO/USD [ETH-USDC]0.6889L +0.0518% / S −0.0255%get 0.0032% / 1h59m 57s$90K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Coinbase International. 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
$451.62
Price spread: +5.981% → 0.000%
$598.11
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$1,027.73
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: Coinbase International: no order-book sample; 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 Coinbase International no order-book sample
Sell GMX no order-book sample
Coinbase International and 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
Coinbase International AERO-PERP-INTXlong−0.1896%1h0.6500long leg$83K$35K25x
Injective AERO/USDC PERP+0.0033%1h0.6902+6.185%$4$209K5.5xas long as short
Aster AEROUSDT+0.0100%4h0.6889+5.981%$42K$128K10xas long as short
Binance AEROUSDT+0.0100%4h0.6887+5.954%$25.9M$25.2M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6890+6.000%$22.5M$18.1M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6893+6.046%$2.3M$5.9M20xas long as short
Gate AERO_USDT+0.0100%4h0.6884+5.908%$1.6M$477K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6891+6.015%$8.5M$1.4M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6890+6.000%$2.0M$1.1M50xas long as short
Bitget AEROUSDT+0.0100%4h0.6887+5.954%$4.0M$1.9M75xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AERO-USDT+0.0100%4h0.6886+5.938%$1.8Mas long as short
Variational Omni AERO+0.0100%4h0.6882+5.881%$2.0M$1.2Mas long as short
Extended AERO-USD+0.0104%1h0.6888+5.963%$204K$1.4M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6891+6.008%$46K3xas long as short
Hyperliquid AERO+0.0151%1h0.6897+6.111%$22.7M$5.3M3xas long as short
Deribit AERO_USDC-PERPETUAL+0.0186%1h0.6891+6.015%$55K$11K10xas long as short
Reya AERORUSDPERP+0.0228%1h0.6891+6.017%$19K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.6886+5.938%$937K$582K25xas long as short
01 Exchange AEROUSD+0.0408%1h0.6894+6.060%$187$1013xas long as short
RISEx AERO/USDC+0.0491%1h0.6887+5.960%$202K$527K3xas long as short
GMX AERO/USD [ETH-USDC]shortL +0.0518% / S −0.0255%1h0.6889+5.981%$90K100x
Backpack AERO_USDC_PERP+0.0688%1h0.6895+6.083%$94K$260K15xas long as short
Lighter AERO+0.0816%1h0.6903+6.200%$1.3M$500K3xas long as short